Bank Branches › Closed and merged banks › Virginia › Bedford Federal Savings Bank, National Association
What happened to Bedford Federal Savings Bank, National Association?
Bedford Federal Savings Bank, National Association in Bedford, VA (earlier called Bedford Federal Savings and Loan Association and 1 other name) merged into First National Bank of Christiansburg, VA on May 19, 2006. After 2 more changes of hands, what was Bedford Federal Savings Bank, National Association is today part of Atlantic Union Bank (Richmond City, VA).
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.
- 1935Bedford Federal Savings and Loan Association opens in Bedford, VA
- May 31, 1989renamed Bedford Federal Savings Bank
- Dec 10, 2004renamed Bedford Federal Savings Bank, National Association
- May 19, 2006MERGEDBedford Federal Savings Bank, National Association merged into First National Bank of Christiansburg, VA.FDIC certificate 29550 ends; its business continues under certificate 6830.
- May 24, 2008MERGEDFirst National Bank of Christiansburg, VA merged into StellarOne Bank of Christiansburg, VA.FDIC certificate 6830 ends; its business continues under certificate 6834.
- May 10, 2014MERGEDStellarOne Bank of Christiansburg, VA merged into Union First Market Bank of Richmond City, VA.FDIC certificate 6834 ends; its business continues under certificate 34589.
- TodayOPEN
Atlantic Union BankMain office Richmond City, VA · FDIC certificate 34589 · 177 offices in 4 states on June 30, 2026Every Atlantic Union Bank office → Website on file with the FDIC: www.atlanticunionbank.com
If you still have something from Bedford Federal Savings Bank, National Association
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Bedford Federal Savings Bank, National Association as lienholder, start with Atlantic Union Bank. 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 Atlantic Union Bank to search for the account under the name Bedford Federal Savings Bank, National Association. 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 Atlantic Union Bank which branch now holds boxes from the Bedford Federal Savings Bank, National Association 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
6 offices filed under this charter in some year from 1994 on. 3 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 125 W Main StBedford, VA | OpenAtlantic Union Bank |
| 14739 Moneta RdMoneta, VA | OpenAtlantic Union Bank |
| 14915 Forest RdForest, VA | OpenAtlantic Union Bank |
| 12130 E. Lynchburg Salem TurnpikeForest, VA | No longer reported |
| Forest Village SquareForest, VA | No longer reported |
| Rt 655 At 122Moneta, VA | No longer reported |
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 29550 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.