Company Information

Get to know evb - eastern virginia bankshares

Founded in 1910 as Southside Bank, the company grew to become Eastern Virginia Bankshares, Inc. (EVB), a community-focused bank holding company headquartered in Tappahannock, Virginia. For over a century, it provided a full range of banking services, including personal and business checking, savings accounts, and various loan products to customers across eastern and central Virginia. In 2017, Eastern Virginia Bankshares merged with Southern National Bancorp of Virginia, Inc., the parent company of Sonabank. The combined entity operated as Sonabank for several years before undergoing a major rebranding in 2021 to become Primis Financial Corp., with its banking subsidiary named Primis Bank.

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Financial Other Service

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evb - eastern virginia bankshares

United States

Founded in

1910 (116 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

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DFSA

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.