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

July 31, 1998 Vol. X - No. 30

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
July 31, 1998 - Vol. X - No. 30

SECTION I

MERGERS
DATE DESCRIPTION ACTIVITY
6/1/98 F&M Bank-Northern Virginia, Fairfax, Virginia to merge into it The Bank of
Alexandria, Alexandria, VA
Effective
7/31/98 Hanover Bank, Mechanicsville, VA to merge into it First Community Bank,
Forest, Virginia and Regency Bank, Richmond, Virginia under the title of
MainStreet Bank (Central Virginia)
Effective
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
4/17/98 Branch Banking and Trust
Company of Virginia
Virginia Beach, VA
Commerce Plaza I
2809 Emerywood Parkway, Suite 510
Henrico County, VA
Closed


2809 Emerywood Parkway
Henrico County, VA
Closed
7/24/98 Community Bank of Northern Virginia
Sterling, VA
302 Maple Avenue
Vienna, Fairfax County, VA
Filed
7/24/98 First Virginia Bank of Tidewater
Norfolk, VA
1521 Sams Circle
City of Chesapeake, VA
Opened
7/27/98 Peninsula Trust Bank, Incorporated
Gloucester, VA
100 McLaws Circle
James City County, VA
Approved
7/27/98 County Bank of Chesterfield
Midlothian, VA
906 Branchway Road
Chesterfield County, VA
Approved
7/28/98 Second Bank & Trust
Culpeper, VA
Main Street
Orange, Orange County, VA
Filed
7/31/98 Bank of Essex
Tappahannock, VA
9951 Brook Road
Glen Allen, Henrico County, VA
Approved

EFT

7/30/98 Farmers & Miners Bank
Pennington Gap, VA
Lee Plaza, U.S. Highway 58
Jonesville, Lee County, VA
Filed
BRANCHES OF OUT-OF-STATE BANKS

DATE INSTITUTION LOCATION ACTIVITY
6/24/98 Potomac Valley Bank
Gaithersburg, MD
7440 Spring Village Drive
Springfield, Fairfax County, VA
No Objection
6/27/98 Centura Bank
Rocky Mount, NC
5601 High Street West
City of Portsmouth, VA
Opened
7/24/98 One Valley Bank-East
National Association
Martinsburg, WV
426 Weems Lane,
City of Winchester, VA
Filed


1000 Berryville Avenue
City of Winchester, VA
Filed
7/30/98 One Valley Bank-East
National Association
Martinsburg, WV
440 East Main Street
Purcellville, Loudoun County, VA
No Objection
7/30/98 Matewan National Bank
Williamson, WV
3102 West Cedar Valley
Cedar Bluff, Tazewell County, VA
No Objection
 
 
SECTION II

APPLICATION OF NATIONAL BANKS

NONE REPORTED

 
 
NO OTHER APPLICATIONS RECEIVED