# MILLENNIUM BANK, NATIONAL ASSOCIATION

> **Failed bank** · STERLING, VA · failed 2014-02-28 · National commercial bank (OCC-chartered) · FDIC cost $11M

## What happened

MILLENNIUM BANK, NATIONAL ASSOCIATION of STERLING, VA was closed by the OCC on **2014-02-28**. The FDIC was named receiver.

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

Deposits were transferred to **WASHINGTONFIRST BANK** (RESTON, VA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4061
- **FDIC Certificate:** 35096
- **FDIC FIN:** 10495
- **Bank name:** MILLENNIUM BANK, NATIONAL ASSOCIATION
- **Location:** STERLING, VA
- **Failure date:** 2014-02-28
- **FDIC resolution date:** 2014-02-28
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $122M
- **Assets at failure:** $130M
- **Acquiring bank:** WASHINGTONFIRST BANK (RESTON, VA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MILLENNIUM%20BANK%2C%20NATIONAL%20ASSOCIATION

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MILLENNIUM BANK, NATIONAL ASSOCIATION (FDIC ID 4061), failed 2014-02-28. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/4061.

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