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

September 25, 1998 Vol. X - No. 38

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
September 25, 1998 - Vol. X - No. 38

SECTION I

NEW BANK

DATE DESCRIPTION ACTIVITY
09/24/98 New Peoples Bank, Inc., Honaker, VA to commence banking business at State Route 80 and Gent Street, Honaker, Russell County, VA and for authority to establish branches at 131 U.S. Route 23 South, Weber City, Scott County, VA and 102 Miners Drive, Castlewood, Russell County, VA Approved

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

09/22/98 Mid-Atlantic Community BankGroup, Inc., Gloucester, VA to acquire
The Bank of Franklin, Franklin, VA and The Bank of Sussex and Surry,
Wakefield, VA
Filed

BRANCHES

DATE INSTITUTION LOCATION ACTIVITY
09/21/98 Metro-County Bank of
Virginia, Inc.
Mechanicsville, VA
2801 North Parham Road,
Henrico County, VA
Filed
09/21/98 Community Bank of Northern
Virginia
Sterling, VA
302 Maple Avenue, Vienna,
Fairfax County, VA
Approved
09/21/98 Crestar Bank
Richmond,VA
Fort Lee Commissary,
400 Shop Road, Fort Lee,
Prince George County, VA
Approved
09/23/98 First Virginia Bank-Southwest
Roanoke, VA
7480 Lee Highway,
City of Radford, VA
Filed
09/24/98 Bank of Isle of Wight
Smithfield, VA
776 J. Clyde Morris Boulevard,
City of Newport News, VA
Approved
09/24/98 First Virginia Bank
Falls Church, VA
5844 Mapledale Plaza,
Woodbridge, Prince William
County, VA
Approved

 
 
 
 
 
 
 
BANK BRANCH RELOCATION

DATE INSTITUTION LOCATION ACTIVITY
09/23/98 Branch Banking and Trust
Company of Virginia
Norfolk, VA
From: 316 S. Jefferson Street,
To: 37 Church Avenue, SW,
both in the City of Roanoke, VA
Filed

 
 
SECTION II
APPLICATIONS OF NATIONAL BANKS

NONE REPORTED