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
November 21, 1997 Vol. IX - No. 47

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
November 21, 1997 - Vol. IX - No. 47

SECTION I

SUBSIDIARY TRUST COMPANY




DATEINSTITUTIONLOCATION ACTIVITY
11/19/97F&M Trust Company
Winchester, VA 		38 Rouss Avenue,
City of Winchester, VA		Approved



MERGERS



DATEDESCRIPTION ACTIVITY
11/13/97Crestar Bank, Richmond, VA to merge into it American National Savings Bank, FSB, Baltimore, MD Effective
10/20/97First Virginia Bank-Clinch Valley, Richlands, VA to merge into it Premier Bank, N.A., Tazewell, VA Effective



APPLICATION FILED PURSUANT TO SECTION 6.1-194.40 OF THE VIRGINIA CODE


11/13/97Crestar Financial Corporation, Richmond, VA to acquire American National Savings Bank, FSB, Baltimore, MD Effective

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



11/17/97GNB Bankshares Corporation, Grundy, VA to acquire 100 percent of the voting stock of Grundy National Bank, Grundy, VA Filed

BRANCH OF OUT-OF-STATE BANK

DATEINSTITUTIONLOCATION ACTIVITY
11/14/97First-Citizens Bank & Trust Company
350 University Boulevard, 		Raleigh, NC
City of Harrisonburg, VA		Filed

SECTION II

APPLICATIONS OF NATIONAL BANKS

PURCHASE AND ASSUMPTION OF BRANCHES



DATEDESCRIPTION ACTIVITY
11/05/97One Valley Bank-Central Virginia, National Association, Lynchburg, VA to purchase branches of Jefferson National Bank at 206 South Main Street, Culpeper, VA; Route 60, Anderson Hwy., Cumberland, VA; Main Street, Lovingston, VA; 4430 Ivy Commons, Charlottesville, VA; 901 Seminole Trail, Charlottesville, VA; 16542 State Farm Boulevard, Charlottesville, VA; 146 James River Road, Scottsville, VA; 250 Pantops Mountain Road, Charlottesville, VA; 11816 Triangle Shopping Plaza, Dumfries, VA; 440 East Main Street, Purcellville, VA Filed
11/05/97One Valley Bank-Central Virginia, National Association, Lynchburg, VA to purchase branches of Central Fidelity National Bank at 2033 Ivy Road, Charlottesville, VA; 300 Preston Avenue, Charlottesville, VA; 1727 Seminole Trail, Charlottesville, VA; 817 Main Street, Buchanan, VA; 401 South Main Street, Emporia, VA; 524 North Main Street, Emporia, VA Filed

BRANCH


DATEINSTITUTIONLOCATION ACTIVITY
10/30/97NationsBank, National Association
Charlotte, NC 		1600 Willow Lawn Drive,
Richmond, VA		Closed






NO OTHER APPLICATIONS RECEIVED