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 23, 1999 Vol. XI - No. 29

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, credit unions, 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 15 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 23, 1999 - Vol. XI - No. 29

SECTION I
 
BRANCH OF VIRGINIA BANK
DATE INSTITUTION LOCATION ACTIVITY
07/16/99 Peoples Community Bank
Montross, VA
State Route 3, one-third of a mile west of
State Route 206, King George County, VA
Filed
 
APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
07/14/99 Cardinal Financial Corporation, Fairfax, VA to acquire 100 percent of the voting stock of
Cardinal Bank - Dulles, N.A., Reston, VA and Cardinal Bank - Manassas/Prince William,
N.A., Manassas, VA
Approved
07/21/99 BCC Bankshares, Inc. for permission to acquire 100 percent of the voting stock of The Bank of
Charlotte County, Phenix, Virginia
Filed
 
CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION
PURSUANT TO SECTION 6.1-225.23:1 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
07/20/99 Virginia Credit Union, Inc., Richmond, VA, requests permission to expand its field of
membership to include employees of IPC Technologies, Inc., Richmond, VA (currently
300 employees)
Filed
07/21/99 New Horizon Credit Union, Manassas, VA, requests permission to expand its field of
membership to include employees of Universal Systems, Incorporated, Chantilly,
VA (currently 461 employees)
Filed

 
SECTION II
APPLICATIONS OF NATIONAL BANKS

 
NEW BANK

DATE INSTITUTION LOCATION ACTIVITY
07/15/99 The Bank of Richmond, N.A.
Richmond, VA
2730 Buford Road Opened
Richmond, VA
 
 
 
NO OTHER APPLICATIONS RECEIVED