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Millenium Bankshares (Mortgage Subsidiaries) - Community bank with lending operations

2007-01-25

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stories: snl.com, prnewswire.com

The going got tough, so Millenium got gone from mortgage lending. Here's their press release. They are a community bank based in Northern Virginia. Here's a bit more about them from their Bizjournal profile:

Millennium Bankshares Corporation ("Millennium") is a financial holding company headquartered in Reston, Virginia. We were incorporated in 1998 and began operations in April 1999. We provide commercial and consumer banking services through Millennium Bank. At December 31, 2004 we had total consolidated assets of $371.9 million, deposits of $280.8 million and stockholders' equity of $47.1 million. Millennium Bank is a nationally chartered community bank with seven banking offices [in Virginia] ...



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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.