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Cordia Bancorp Inc (formerly trading as NCM:'
BVA
'') was a bank holding company for the Midlothian, VA-based Bank of Virginia. Before being acquired by First Citizens Bank, Cordia Bancorp operated six full-service banking branches around the
Cordia Bancorp Inc (formerly trading as NCM:'BVA
'') was a bank holding company for the Midlothian, VA-based Bank of Virginia. Before being acquired by First Citizens Bank, Cordia Bancorp operated six full-service banking branches around the
Richmond, VA
Richmond ( ) is the List of capitals in the United States, capital city of the Commonwealth (U.S. state), U.S. commonwealth of Virginia. Incorporated in 1742, Richmond has been an independent city (United States), independent city since 1871. ...
area. In addition, the bank operated student loan services at offices in Midlothian, VA and Washington, DC.
Bank of Virginia was charted in 1804.
Acquisition by First Citizens Bank
On May 23, 2016, Cordia Bancorp and its subsidiary, Bank of Virginia, announced that First Citizens Bank would acquire them for $35 million at $5.15 per share in cash. With the acquisition, First Citizens Bank added six banks to its 550 nationwide branches. Following the merge on September 1, 2016, the former branches were rebranded as First Citizen Bank branches.References
Notes
Bibliography
* Banks established in 1804 American companies established in 1804 {{Virginia-stub