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

March 10, 2000 Vol. XII - No. 10

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
March 10, 2000 - Vol. XII - No. 10

SECTION I 
APPLICATIONS FILED PURSUANT TO SECTION 6.1-406 OF THE CODE OF VIRGINIA

DATE

DESCRIPTION ACTIVITY
03/03/2000

BB&T Corporation, Winston-Salem, NC to acquire 100 percent of the stock of One Valley Bancorp, Inc. Charleston, WV

Filed


BRANCH OF VIRGINIA BANK

DATE INSTITUTION LOCATION ACTIVITY
03/07/2000

Heritage Bank
McLean, VA

1650 Tysons Boulevard, Suite 100
McLean, Fairfax County, VA

Filed

FEDERAL SAVINGS BANK CONVERSION

DATE

DESCRIPTION ACTIVITY
02/23/2000

NBC Bank, FSB, Knoxville TN to convert to a national banking association and retain its 13 Virginia branches of the savings institution.

Filed


OUT-OF-STATE BANK BRANCH

DATE INSTITUTION LOCATION ACTIVITY
03/06/2000

First Citizens Bank & Trust Company
Raleigh, NC

Southwest quadrant of Highway 58 and Cranberry
Road, Grayson County, Galax, VA

Opened


OUT-OF-STATE TRUST OFFICE

03/07/2000

Exeter Trust Company
Rochester, NY

3805 Cutshaw Avenue, Suite 307
City of Richmond, VA

Filed

CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION
PURSUANT TO SECTION 6.1-225.23:1 OF THE CODE OF VIRGINIA

DATE

DESCRIPTION ACTIVITY
03/06/2000

Virginia Credit Union, Inc., Richmond, VA, requests permission to expand its field of membership to include employees of DMT, Inc., t/a McDonald's, Richmond, VA (currently 150 employees)

Approved

SECTION II
APPLICATIONS OF NATIONAL BANKS

BRANCH

DATE INSTITUTION LOCATION ACTIVITY
02/18/2000

Bank of America, National Association
Charlotte, NC

263 McLaw's Circle, Suite 104
Williamsburg, VA

Closed

NO OTHER APPLICATIONS RECEIVED