# GREATER ATLANTIC BANK

> **Failed bank** · RESTON, VA · failed 2009-12-04 · Savings bank · FDIC cost $27M

## What happened

GREATER ATLANTIC BANK of RESTON, VA was closed by state regulators on **2009-12-04**. The FDIC was named receiver.

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

Deposits were transferred to **SONABANK** (MCLEAN, VA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3722
- **FDIC Certificate:** 32583
- **FDIC FIN:** 10156
- **Bank name:** GREATER ATLANTIC BANK
- **Location:** RESTON, VA
- **Failure date:** 2009-12-04
- **FDIC resolution date:** 2009-12-04
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $27M
- **Deposits at failure:** $179M
- **Assets at failure:** $203M
- **Acquiring bank:** SONABANK (MCLEAN, VA)

## Other banks SONABANK has acquired in FDIC resolutions

- HARVEST BANK OF MARYLAND (GAITHERSBURG, MD) — failed 2012-04-27 — /failed-bank/4004

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=GREATER%20ATLANTIC%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GREATER ATLANTIC BANK (FDIC ID 3722), failed 2009-12-04. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3722.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*