# FEDERAL SA OF VIRGINIA

> **Failed bank** · FALLS CHURCH, VA · failed 1992-04-10 · Savings bank · FDIC cost $14M

## What happened

FEDERAL SA OF VIRGINIA of FALLS CHURCH, VA was closed by state regulators on **1992-04-10**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FAIRFAX B&TC** (FAIRFAX, VA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3310
- **FDIC Certificate:** 32639
- **FDIC FIN:** 1248
- **Bank name:** FEDERAL SA OF VIRGINIA
- **Location:** FALLS CHURCH, VA
- **Failure date:** 1992-04-10
- **FDIC resolution date:** 1994-03-11
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $30M
- **Assets at failure:** $31M
- **Acquiring bank:** FAIRFAX B&TC (FAIRFAX, VA)

## Other banks FAIRFAX B&TC has acquired in FDIC resolutions

- COMMONWEALTH FSB (MANASSAS, VA) — failed 1992-04-03 — /failed-bank/3305

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FEDERAL%20SA%20OF%20VIRGINIA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FEDERAL SA OF VIRGINIA (FDIC ID 3310), failed 1992-04-10. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3310.

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