Mitigation bankChesapeake Land Development Tidal Mitigation Bank

ApprovedPrivate CommercialWetland
credit sales by year — 2021: 0, 2022: 0, 2023: 0, 2024: 0, 2025: 1, 2026 (partial year, through 2026-09-10): 01 credit sales

Figures mirrored from USACE RIBITS · synced

Established 2004·Permit NAO-2003-4285·RIBITS #551
Service-area location

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Supply on record

Credits available

Tidal WetlandsWetland
29.00credits
Sponsor & point of contact

Contact information

Contact information, 4 rows
NameRoleEmailPhoneLocation
Thomas TyeRolePOCEmailtomtye@thomastye.comPhone(757) 424-4125LocationVirginia Beach, VA
Herman (Wes) HudsonRoleRegulatory managerEmailherman.w.hudson@usace.army.milPhone(757) 201-7808LocationRichmond, VA
Sydney Von WilsonRoleRegulatory managerEmailsydney.vonwilson@deq.virginia.govPhone(804) 316-2587LocationRichmond, VA
Mindy SpenceRoleRegulatory managerEmailMelinda.Spence@deq.virginia.govPhone(804) 912-0851LocationRichmond, VA
Ledger · withdrawals

Recent withdrawals

10 most recent
Recent withdrawals, 10 rows
DateClassificationCreditsUnitCounterparty
Date2025-11-06Wetland · Tidal WetlandsCredits50.00UnitRatioCounterpartyEdward & Patricia Ross
Date2018-12-17Wetland · Tidal WetlandsCredits82.00UnitRatioCounterpartyU.S. Army
Date2018-07-07Wetland · Tidal WetlandsCredits35.00UnitRatioCounterpartyCalvert Marine
Date2018-06-20Wetland · Tidal WetlandsCredits7,803.00UnitRatioCounterpartySargent Corporation
Date2018-02-22Wetland · Tidal WetlandsCredits600.00UnitRatioCounterpartyChesapeake Land Development, LLC, Walter Priest/Thomas Tye
Date2018-01-31Wetland · Tidal WetlandsCredits4.00UnitRatioCounterpartyDavid Harmeyer
Date2017-10-10Wetland · Tidal WetlandsCredits650.00UnitRatioCounterpartyJohn Yoder
Date2017-10-06Wetland · Tidal WetlandsCredits42.00UnitRatioCounterpartyCraig Gorman
Date2017-03-13Wetland · Tidal WetlandsCredits38.00UnitRatioCounterpartyDrum Point Properties, LLC
Date2016-11-15Wetland · Tidal WetlandsCredits169.00UnitRatioCounterpartyFt. Eustis-James Dolan

Nearby banks with credits available

Nearby banks with credits available, 5 rows
Mitigation bankDistance5 yr. sales
New Mill Creek Tidal Mitigation BankApprovedDistance1.5 misales by year — 2021: 6, 2022: 4, 2023: 7, 2024: 7, 2025: 18, 2026 (partial year, through 2026-09-10): 1557 sales
CVC (LRRT) Paradise Creek SiteApprovedILFDistance3.2 misales by year — 2021: 0, 2022: 0, 2023: 0, 2024: 1, 2025: 0, 2026 (partial year, through 2026-09-10): 01 sale
Chesapeake Mitigation BankApprovedDistance6.4 misales by year — 2021: 56, 2022: 51, 2023: 42, 2024: 0, 2025: 4, 2026 (partial year, through 2026-09-10): 0153 sales
VARTF CH-9 StephensApprovedILFDistance7.7 misales by year — 2021: 0, 2022: 2, 2023: 0, 2024: 2, 2025: 0, 2026 (partial year, through 2026-09-10): 04 sales
VARTF LJ-4 Northwest RiverApprovedILFDistance7.7 misales by year — 2021: 11, 2022: 4, 2023: 10, 2024: 0, 2025: 0, 2026 (partial year, through 2026-09-10): 025 sales

Service-area check

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About the data on this page

Bank details, status and credit balances are mirrored from the USACE RIBITS registry, the federal public record for mitigation banks. What we call a “credit sale” is a credit withdrawal — the entry written in the federal credit ledger when credits are committed to a permit. At commercial banks a withdrawal generally represents a sale; at a single-client bank it offsets the sponsor’s own project. The figures count ledger transactions, not distinct purchases — one purchase may produce several withdrawals — and we count entries rather than credits moved, because credit classes are different units and cannot be added together. Each bar in a sales chart counts the credit sales recorded in that calendar year — withdrawals from the federal ledger, not quantities of credits. The final bar is the year in progress and is shown in a different color. No bars means no sales in those years.

The operator grouping is ours, not from RIBITS. The federal registry records a sponsor for each bank but lists no parent company. We identify operators by matching sponsor names and contact details across bank records, reviewed by hand. We only display operators with at least five banks.

Contact details are mirrored from the bank’s own entry in the USACE RIBITS registry. Where RIBITS designates a Sales point of contact, we display it more prominently to get you to a contact person more quickly. The map on this page is drawn live from the EPA NEPAssist RIBITS MapServer when you load it. Nearby banks are the closest banks that currently have credits to sell, by straight-line distance between registered locations. It is a proximity list, not a statement that those banks can serve your site.

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