Bank Branches › Closed and merged banks › Virginia › Peoples National Bank
What happened to Peoples National Bank?
Peoples National Bank in Danville, VA (earlier called Peoples Bank of Danville) merged into Carter Bank & Trust of Martinsville, VA on Dec 30, 2006. Carter Bank & Trust is open today.
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1976Peoples Bank of Danville opens in Danville, VA
- Dec 31, 1995renamed Peoples National Bank
- Dec 30, 2006MERGEDPeoples National Bank merged into Carter Bank & Trust of Martinsville, VA.FDIC certificate 22371 ends; its business continues under certificate 58596.
- TodayOPEN
Carter Bank & TrustMain office Martinsville, VA · FDIC certificate 58596 · 66 offices in 2 states on June 30, 2026Every Carter Bank & Trust office → Website on file with the FDIC: www.carterbank.com
If you still have something from Peoples National Bank
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Peoples National Bank as lienholder, start with Carter Bank & Trust. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask Carter Bank & Trust to search for the account under the name Peoples National Bank. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask Carter Bank & Trust which branch now holds boxes from the Peoples National Bank office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
25 offices filed under this charter in some year from 1994 on. 7 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 141 Westover DrDanville, VA | OpenCarter Bank & Trust |
| 3060 N Main StDanville, VA | OpenCarter Bank & Trust |
| 175 Warrenton RdFalmouth, VA | OpenCarter Bank & Trust |
| 140 S Main StChatham, VA | OpenCarter Bank & Trust |
| 10407 Courthouse RdSpotsylvania, VA | OpenCarter Bank & Trust |
| 903 S Main StDanville, VA | OpenCarter Bank & Trust |
| 140 Kentuck RdDanville, VA | OpenCarter Bank & Trust |
| 604 N. Chestnut StreetLumberton, NC | No longer reported |
| 4601 Fayetteville RoadLumberton, NC | No longer reported |
| 101 East Raleigh StreetSiler City, NC | No longer reported |
| 1001 S Horner BlvdSanford, NC | No longer reported |
| 106 South Broad StreetBurlington, NC | No longer reported |
| 1534 North Church StreetBurlington, NC | No longer reported |
| 200 Forest Hills Rd NwWilson, NC | No longer reported |
| 208 West Nash StreetWilson, NC | No longer reported |
| 215 North Center StreetMount Olive, NC | No longer reported |
| 110 South Market StreetDanville, VA | No longer reported |
| 697 Country Club DrFayetteville, NC | No longer reported |
| 123 Rowan StreetFayetteville, NC | No longer reported |
| 5406 U.S. Highway 29 NorthBlairs, VA | No longer reported |
| 2100 West Arlington BoulevardGreenville, NC | No longer reported |
| 122 West Andrews StreetBethel, NC | No longer reported |
| 2018 Tate Springs RoadLynchburg, VA | No longer reported |
| 2155 Jefferson Davis HighwayStafford, VA | No longer reported |
| 1204 Bragg RoadFredericksburg, VA | No longer reported |
Banks folded into Peoples National Bank
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| Aquia Bank and Trust CompanyStafford, VA | Apr 3, 1982 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 22371 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.