W E E K L Y I N F O R M A T I O N B U L L E T I N

January 9, 1998 Vol. X - No. 1

SECTION I

Section I of the bulletin is a record, for the preceding week, of the receipt of, and actions on all applications by state chartered banks, bank holding companies, savings institutions, industrial loan associations and other entities or persons for: (1) certificates of authority to begin business, (2) acquisitions, (3) branches, (4) trust powers, (5) charter conversions, (6) name changes, (7) changes of location, (8) EFT facilities, and (9) mergers or consolidations. In addition, it lists structural changes of state chartered banks and savings institutions, such as opening and closing of offices and the effective date of mergers, acquisitions and relocations.

This bulletin constitutes the only notice of such activities that you will receive from the Bureau of Financial Institutions. If you desire a public hearing on an application, a written request for such a hearing must be received within 20 days from the date of this bulletin. The request should be addressed to:

E. J. Face, Jr.
Commissioner of Financial Institutions
Post Office Box 640
Richmond, Virginia 23218-0640

Communications other than requests for hearings related to an application will be welcomed and will receive careful consideration. All written communications will be made a part of the application file.

SECTION II

Section II of the bulletin is a record, for your information, of notices received in this office during the preceding week pertaining to various applications by national banks and federal savings institutions to the federal agencies shown below:

Comptroller of the Currency
Southeastern District Office
Marquis One Tower
245 Peachtree Center Ave., N.E.
Atlanta, Georgia 30303
Office of Thrift Supervision
1475 Peachtree Street, N.E.
Post Office Box 105217
Atlanta, Georgia 30348-5217

Any comments you may wish to make regarding these applications should be addressed directly to the respective federal agency. A copy of your letter will be appreciated.

Weekly Information Bulletin -- prepared and distributed by the
Bureau of Financial Institutions, State Corporation Commission, Commonwealth of Virginia
January 9, 1998 - Vol. X - No. 1

SECTION I

APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE

DATE

DESCRIPTION

ACTIVITY

12/29/97

Eastern Virginia Bankshares, Inc., Tapphanannock, VA to acquire 100 percent of the voting shares of Southside Bank, Tappahannock, VA and Bank of Northumberland, Incorporated, Heathsville, Virginia

Effective

01/01/98

Virginia Bank Bankshares, Inc., Danville, VA to acquire 100 percent of the voting stock of Virginia Bank and Trust Company, Danville, VA

Effective

01/05/98

Mainstreet Bankgroup Incorporated, Martinsville, VA to acquire 100 percent of the voting stock of Tysons Corporation, McLean, VA

Filed

APPLICATION FILED PURSUANT TO CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE

01/05/98

United Bankshares, Inc., Charleston, West Virginia to acquire George Mason Bankshares, Inc., Fairfax, VA

Filed

MERGERS

12/29/97

First Virginia Banks, Inc., Falls Church, VA merged into it Premier Trust Company,

Effective

01/05/98

The George Mason Bank, Fairfax, VA to merge into it United Bank, Arlington, VA

Filed

 

TRUST COMPANY BRANCH

DATE INSTITUTION LOCATION ACTIVITY
12/30/97 The Trust Company of Virginia
Richmond, VA
764 E. Ellerslie Avenue,
City of Colonial Heights, VA
Opened
 

SUBSIDIARY TRUST COMPANY

01/02/98 F&M Trust Company
Winchester, VA
38 Rouss Avenue,
City of Winchester, VA
Opened
 

BANK BRANCHES

DATE INSTITUTION LOCATION ACTIVITY
01/05/98 The Bank of Marion
Marion, VA
Allisonís Gap Road and Main
Street, Saltville, Smyth County, VA
Filed
01/05/98 Southern Financial Bank
Warrenton, VA
46910 Harry Byrd Highway,
Sterling, Loudoun County, VA
Approved
01/08/98 Bank of Lancaster
Kilmarnock, VA
610 West Richmond Road,
Warsaw, Richmond County, VA
Approved
    Route 3 Kings Highway,
Montross, Westmoreland County, VA
Approved
 

BRANCH RELOCATIONS

12/29/97 The Bank of Hampton Roads
Chesapeake, VA
FROM: northeast corner of Portsmouth Boulevard and Gum Road,
TO: 4108 Portsmouth Boulevard both in the City of Chesapeake, VA
Effective
    FROM: 838 E.George Washington Hwy
TO: the corner of George Washington Highway and Old George Washington Highway, both in the City of Chesapeake, VA
Effective
01/05/98 F&M Bank - Northern Virginia
Fairfax, VA
FROM: 14006 Lee-Jackson Highway,
TO: 13821 Lee- Jackson Highway, both in Chantilly, Fairfax County, VA
Effective
 

EFTs

11/10/97 Bank of Botetourt
Buchanan, VA
2191 Lee Highway South,
Troutville, Botetourt County, VA
Closed
 

SECTION II

APPLICATIONS OF NATIONAL BANKS

NEW BANK

DATE INSTITUTION LOCATION ACTIVITY
12/22/97 Cardinal Bank, National Association
Fairfax, VA
10641 Lee Highway,
Fairfax, VA
Filed
   

PURCHASE AND ASSUMPTION OF BRANCHES

DATE DESCRIPTION  
ACTIVITY
12/16/97
 
 
 
 
 
 
 
 
One Valley Bank Central Virginia National Association, Lynchburg, VA
to purchase branches of Jefferson National Bank, Charlottesville, VA at
206 South Main Street, Culpeper, VA; Route 60,Anderson Hwy,
Cumberland,VA; Main Street Lovingston, VA; 4430 Ivy Commons,
Charlottesville, VA; 901 Seminole Trail, Charlottesville, VA;
16542 State Farm Boulevard, Charlottesville, VA; 146 James River Road,
Scottsville, VA; 11816 Triangle Shopping Plaza,Dumfries,VA;
440 East Main Street, Purcellville, VA; 250 Pantops Mountain Road,
Charlottesville, VA.
Approved
 
12/16/97
 
 
 
 
One Valley Bank Central Virginia National Association, Lynchburg, VA to
purchase branches of Central Fidelity National Bank, Richmond, VA; at
2033 Ivy Road, Charlottesville, VA; 300 Preston Avenue, Charlottesville, VA;
1727 Seminole Trail, Charlottesville, VA; 817 Main Street, Buchanan, VA
401 South Main Street, Emporia, VA; 524 North Main Street, Emporia, VA
Approved
 
 

BRANCHES

DATE INSTITUTION LOCATION ACTIVITY
12/15/97
 
NationsBank, National Association
Charlotte, NC
3021 Old Forest Road,
Lynchburg,VA
Closing
 

On November 3, 1997, Jefferson National Bank, Charlottesville, VA closed 9 branches at the following locations: (1)1000 Berryville Avenue, Winchester; VA (2) 2108 Jefferson Davis Highway, Stafford, VA; (3) 102 East Main Street, Orange, VA; (4) Main Street, Stanley, VA; (5) 432 South Street, Front Royal, VA; (6) State Route 608, New Hope,VA; (7) 752 Cedar Road, Chesapeake,VA; (8) 100 McLaws Circle, Williamsburg, VA; (9) 202 West Boscawen Street, Winchester, VA

On November 6, 1997 Central Fidelity National Bank, Richmond, VA closed 17 branches at the following locations: (1) 201 Valley Street, NE, Abingdon, VA; (2) 1206 South Main Street, Blacksburg, VA; (3) 1970 Blue Ridge Road, Roanoke, VA; (4) 4925 Boonsboro Road, Lynchburg, VA; (5) 1901 North Moore Street; Arlington, VA;(6) 5844 Mapledale Plaza, Dale City, VA; (7) 11 Canal Center Plaza, Alexandria, VA; (8) 3664 Virginia Beach Boulevard, Virginia Beach , VA; (9) 7530 Tidewater Drive, Norfolk, VA; (10) 7857 Heritage Drive, Annandale, VA; (11) 2012 Victory Boulevard, Portsmouth, VA; (12) 5816 Grove Avenue, Richmond, VA; (13) 5100 Richmond-Henrico Turnpike, Richmond, VA; (14) 5001 Nine Mile Road, Richmond, VA; (15) Richmond International Airport, Sandston, VA (16) 12410 Gayton Road, Richmond, VA; (17) 20815 Chesterfield Ave, Ettrick, VA.

On December 12, 1997, Central Fidelity National Bank, Richmond, VA closed 16 branches at the following locations:(1) 7119 Hull Street, Richmond, VA; (2) 2405 Centerville Road, Herndon, VA; (3) 426 Weems Lane, Winchester, VA; (4) 806 Nottingham Avenue, Culpeper, VA; (5) Corner of Mason & Gay, Harrisonburg, VA; (6) 2749 McRea Road, Richmond, VA; (7) 1022 West Main Street, Charlottesville, VA; (8) 4230 Plank Road, Fredericksburg, VA; (9) 2864 Jefferson Davis Highway, Stafford, VA; (10) 801 East Main Street, Richmond, VA; (11) 703-J Market Street, Leesburg, VA; (12) 6020 Richmond Highway, Suite 101, Alexandria, VA; (13) 3426 W. Cary Street, Richmond, VA; (14) 1600 Westwood Avenue, Richmond, VA; (15) 7702 Parham Road, Richmond, VA; (16) 4390 S. Laburnum Avenue, Richmond, VA.

On December 18, 1997, Jefferson National Bank, Charlottesville, VA, closed 18 branches at the following locations:

(1) 3800 Mechanicsville Parkway, Richmond, VA; (2) 621 Nevan Road, Virginia Beach, VA; (3) 120 East Grace Street, Richmond, VA ; (4) 4000 Route 17 at Elk Taylor Road, Grafton, VA; (5) 105 Prince Street, Falmouth, VA; (6) 1504 Parham Road, Richmond, VA; (7) 2702 Parham Road, Richmond, VA; (8) 406-410 Tenth Street, N.E., Charlottesville,VA; (9)130 East Belt Boulevard, Richmond, VA; (10) 1000 Airline Blvd, Portsmouth, VA (11) 6515 Jefferson Davis Highway, Richmond, VA; (12) 2141 East Hundred Road, Richmond, VA; (13) 1415 East Main Richmond, VA; (14) 1080 George Washington Hwy., North, Chesapeake, VA (15) Routes 60 and 671, Powhatan, VA; (16) 7401 Midlothian Pike, Richmond, VA; (17) 4940 West Norfolk Road, Portsmouth, VA; (18) 2730 Buford, VA, Richmond, VA

NO OTHER APPLICATIONS RECEIVED