E.J. FACE, JR.
COMMISSIONER OF
FINANCIAL INSTITUTIONS



STATE CORPORATION COMMISSION
BUREAU OF FINANCIAL INSTITUTIONS


1300 EAST MAIN STREET
SUITE EIGHT HUNDRED
P.O. BOX 640
RICHMOND, VIRGINIA 23218-0640
(804) 371-9657
FAX (804) 371-9416
TDD (804) 371-9206
www.state.va.us/scc



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 1, 2000

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
September 1, 2000

SECTION I

NEW BANK

DATE
DESCRIPTION
ACTIVITY
08-28-2000 Marathon Merger Bank (Phantom) to begin a banking business at 4095 Valley Pike, City of Winchester, VA Filed

MERGER

DATE
DESCRIPTION
ACTIVITY
08-28-2000 Rockingham Heritage Bank, Harrisonburg, VA to merge into it Marathon Merger Bank, Winchester, VA Filed

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

08-28-2000 Marathon Financial Corporation, Winchester, VA to acquire 100 percent of the voting stock of Rockingham Heritage Bank, Harrisonburg, VA Filed


BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
08-21-2000 Bank of the Commonwealth
Norfolk, VA
Webb University Center,
5201 Hampton Boulevard,
City of Norfolk, VA
Opened
08-25-2000

F & M Bank-Central
Charlottesville, VA

8260 Seminole Trail, Ruckersville,
Greene County, VA
Opened
    2 North Main Street,
Chatham, Pittsylvania County, VA
Opened
    148 Tightsqueeze Plaza, Chatham,
Pittsylvania County, VA
Opened
    202 South Main Street, Gordonsville,
Orange County, VA
Opened
    223 Mineral Avenue, Mineral,
Louisa County, VA U.S.
Opened
    Route 15 & Route 601, Palmyra,
Fluvanna County, VA
Opened
    State Road 15, Fork Union,
Fluvanna County, VA
Opened
08-25-2000 F & M Bank-Highlands
Covington, VA
1111 East Washington Avenue Vinton,
Roanoke County, VA
Opened
08-25-2000 F & M Bank-Winchester
Winchester, VA
1 East Main Street, Luray,
Page County, VA
Opened
    700 East Main Street, Luray,
Page County, VA
Opened
08-25-2000 F & M Bank-Emporia
Emporia, VA
200 South Main Street, Blackstone,
Nottoway County, VA
Opened
    300 East 2nd Avenue, City of Franklin, VA Opened
   

204 South Broad Street, Kenbridge,
Lunenburg County, VA

Opened
    4677 Main Street, Drakes Branch,
Charlotte County, VA
Opened
08-25-2000 F & M Bank-Massanutten
Harrisonburg, VA

205 North Central Avenue,
City of Staunton, VA

Opened

CREDIT UNION

MAIN OFFICE RELOCATION

08-25-2000 W.P.S.E Credit Union, Inc.
Waynesboro, VA
From: 301 Pine Avenue,
Waynesboro, VA
To 250-E North Poplar Avenue,
Waynesboro, VA
No Objection

REDESIGNATIONS OF MAIN OFFICES

08-24-2000 Sequoia Bank
Bethesda, MD
45975 Nokes Blvd.,
Sterling, VA
No Objection
08-25-2000 Sequoia Bank
Bethesda, MD
3801 Wilson Blvd.,
Arlington, VA
No Objection
08-25-2000 Century National Bank
Washington, DC
1498 North Point Village Center,
Reston, Fairfax County, VA
Effective

SECTION II
APPLICATIONS OF NATIONAL BANKS

BRANCHES

08-07-2000 First National Bank
Christiansburg, VA
900 North Fourth Street,
Wytheville, VA
Approved
08-14-2000 First Union National Bank
Charlotte, NC
Vicinity of Harbour Pointe & Rt 360,
Midlothian, VA
Opened
08-18-2000 Virginia National Bank
Charlottesville, VA
102 East Main Street,
Orange, VA
Approved

MAIN OFFICE RELOCATION

08-17-2000 Effinity Bank, National Association From: 1155 15th Street, N.W., Suite 515
Washington, DC
To: 1725 Duke Street
Alexandria, VA
Filed


NO OTHER APPLICATIONS RECEIVED