Our clients tell us

I write to inform you of our gratitude towards our FVCB Representative. She has always been professional, knowledgeable, friendly, and extremely helpful with our inquiries. The exceptional service and prompt responses are only a few reasons why we remain loyal to First Virginia Community Bank. Thank you, FVCB for your strong commitment to value and superior customer service.

Mathew P. Appelget, CEO/President
Waste Associates Holdings, LLC

First Virginia Community Bank Completes Acquisition of 1st Commonwealth


First Virginia Community Bank (FVCbank) closed on its acquisition of 1st Commonwealth Bank of Virginia on Friday, October 19, marking FVCbank's expansion into Arlington County. The all-stock transaction represents the first acquisition for the five-year-old bank, which is based in Fairfax, Virginia. "Following several years of strong organic growth, the acquisition demonstrates FVCbank's ability to grow our franchise strategically," said FVCbank Chairman and Chief Executive Officer David W. Pijor.

With the acquisition, FVCbank gained $48 million in loans and $54 million in deposits, as well as 1st Commonwealth's former banking office, located at 2500 Wilson Blvd. in Arlington, bringing FVCbank to total assets in excess of $410 million.

"FVCbank is excited to join the vibrant Arlington community and bring our new customers there a broader range of products and services," said Pijor. "The merger offers all FVCbank customers the added convenience of more banking locations and the benefits of our greater lending capacity."

Sid Simmonds, former chairman of 1st Commonwealth, will join FVCbank's board of directors, and former 1st Commonwealth customer service staff will continue to serve Arlington account holders.

In the next several weeks, FVCbank will notify the newly acquired customers about its full line of products and services, including online banking and bill pay, and remote deposit. FVCbank expects to complete the transition of operations and services in December. "Facilitating a smooth integration is a top priority for us," said Pijor, "Everyone at FVCbank is committed to making it a positive, virtually effortless experience for customers."