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

February 26, 1999 Vol. XI - No. 8

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
February 26, 1999 - Vol. XI - No. 8

SECTION I

NEW BANK

DATE DESCRIPTION ACTIVITY
02/22/99 The Bank of Williamsburg to begin banking business at 5251 John Tyler Highway,
Suite 52, James City County, VA
Opened
APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
02/24/99 Millennium Bankshares Corporation to acquire Millennium Bank N.A., Reston, VA Filed
ACQUISITION PURSUANT TO CHAPTER 3.01, ARTICLE 11 OF TITLE 6.1 OF THE VA CODE
02/25/99 Centura Banks, Inc., Rocky Mount, NC to acquire First Coastal Bankshares, Inc.,
Virginia Beach, VA
Approved
MERGERS
02/19/99 F&M Bank-Northern Virginia, to merge into it Security Bank Corporation,
Manassas, VA
Approved
02/25/99 First Virginia Bank - Southwest, Roanoke, VA to merge into it First Virginia Bank-
Clinch Valley, Tazewell, VA
Approved
02/25/99 First Virginia Bank - Southwest, Roanoke, VA to merge into it First Virginia Bank-
Piedmont, Lynchburg, VA
Approved
02/25/99 First Virginia Bank - Southwest, Roanoke, VA to merge into it First Virginia Bank -
Franklin County, Rocky Mount, VA
Approved
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
1/13/99 Virginia Bank and Trust Company
Danville, VA
Tuscarora Village Shopping Center,
at the corner of the intersection
of Franklin Turnpike and Mount
Herman Circle, Pittyslvannia County, VA
Opened
02/23/99 The Business Bank
Vienna, VA
1451 Dolly Madison Boulevard
McLean, Fairfax County, VA
Filed
02/25/99 The Bank of Fincastle
Fincastle, VA
3741 Lee Highway South, Cloverdale
Botetourt County, VA
Approved
MAIN OFFICE RELOCATION

DATE INSTITUTION LOCATION ACTIVITY
02/25/99 Towne Bank
Portsmouth, VA
From: the authorized unopened
office at 5716 High Street
To: 5800 High Street
both in the City of Portsmouth, VA
Filed
BRANCH RELOCATION

02/25/99 Branch Banking & Trust Company
of Virginia
Norfolk, VA
From: 728 W. 21st Street
To: 537 W. 21st Street
both in the City of Norfolk, VA
Filed
 
SECTION II
APPLICATIONS OF NATIONAL BANKS

NEW BANKS
02/16/99 Access National Bank
Chantilly, VA
14006 Lee Jackson Memorial Highway
Chantilly, VA
Filed
02/17/99
Cardinal Bank-Dulles,
National Association
Reston, VA
11150 Sunset Hill Road
Reston, VA
Filed
02/18/99 Millennium Bank, National Association
Reston, VA
1601 Washington Plaza
Reston, VA
Approved
 
BRANCHES OF NATIONAL BANKS
02/04/99 Wachovia Bank, National Association
Winston-Salem, NC
201 West 21st Street
Norfolk, VA
Closed
02/08/99 The Old Point National Bank of Phoebus
Hampton, VA
1000 Cedar Road
Chesapeake, VA
Filed
BRANCH RELOCATION

01/31/99 Wachovia Bank, National Association
Winston-Salem, NC
From: 3809 Princess Anne Boulevard
To: 2058 South Independence Boulevard
both in Virginia Beach, VA
Effective


NO OTHER APPLICATIONS RECEIVED