# AQUIA BK & TR COMPANY

> **Failed bank** · STAFFORD, VA · failed 1982-04-03 · State commercial bank, Federal Reserve member · FDIC cost $4M

## What happened

AQUIA BK & TR COMPANY of STAFFORD, VA was closed by state regulators on **1982-04-03**. The FDIC was named receiver.

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

Deposits were transferred to **PEOPLES BANK OF DANVILLE** (DANVILLE, VA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 658
- **FDIC Certificate:** 21068
- **FDIC FIN:** 2305
- **Bank name:** AQUIA BK & TR COMPANY
- **Location:** STAFFORD, VA
- **Failure date:** 1982-04-03
- **FDIC resolution date:** 1982-04-03
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $12M
- **Assets at failure:** $14M
- **Acquiring bank:** PEOPLES BANK OF DANVILLE (DANVILLE, VA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AQUIA%20BK%20%26%20TR%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AQUIA BK & TR COMPANY (FDIC ID 658), failed 1982-04-03. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/658.

---

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