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

December 5, 1997 Vol. IX - No. 49

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
December 5, 1997 - Vol. IX - No. 49

SECTION I
NEW BANK

DATEINSTITUTIONLOCATIONACTIVITY
12/02/97James Monroe Bank Corporation
d/b/a James Monroe Bank
Arlington County, VA
3033 Wilson Boulevard,
Arlington County, VA
Filed
APPLICATION FILED PURSUANT TO SECTION 6.1-32.19 OF THE VIRGINIA CODE

DATEDESCRIPTIONACTIVITY
12/02/97First Union Corporation, Charlotte, NC to acquire Mentor Trust Company,
Virginia, Richmond, VA
Filed
APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
12/03/97Eastern Virginia Bankshares, Inc., Tappahannock, VA to acquire 100 percent of the voting shares of Southside Bank, Tappahannock, VA and Bank of Northumberland, Incorporated, Heathsville, VirginiaApproved
APPLICATION FILED PURSUANT TO CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE
11/28/97First Union Corporation, Charlotte, NC to acquire Signet Banking Corporation and its subsidiary, Signet Bank, Richmond,VAEffective
INTERSTATE MERGER NOTICE
11/29/97First Union National Bank, Charlotte, North Carolina to merge into it Signet Bank, Richmond, VA under the name of First Union National BankEffective
ACQUISITION PURSUANT TO CHAPTER 3.01, ARTICLE 11 OF TITLE 6.1 OF THE VA CODE
12/01/97BB&T Corporation, Winston-Salem, NC to acquire Virginia First Financial Corporation, Petersburg, VAEffective
APPLICATION FILED PURSUANT TO SECTION 6.1-194.40 OF THE VIRGINIA CODE
12/01/97Resource Bank, Virginia Beach, VA to merge into it Eastern American Bank FSB, Herndon, VAEffective
BRANCHES OF VIRGINIA BANKS
DATEINSTITUTIONLOCATIONACTIVITY
12/01/97Bank of Clarke County
Berryville, VA
40 West Piccadilly Street,
City of Winchester, VA
Filed
Southern Financial Bank
Warrenton, VA
46910 Harry Byrd Highway,
Sterling, Loudoun County, VA
Filed
Bank of McKenney
McKenney, VA
at the northwest corner of the intersection of Wells Street and River Road, Matoaca, Chesterfield County, VAFiled
EFT
02/01/97Second Bank & Trust
Culpeper, VA
501 Sunset Lane, Culpeper,
Culpeper County, VA
Opened
BRANCHES OF OUT-OF-STATE BANK
12/01/97First-Citizens Bank & Trust Company
Raleigh, NC
99 Bank Street, Boydton,
Mecklenburg County, VA
No Objection
1145 East Atlantic, South
Hill, Mecklenburg County, VA
No Objection
122 West Atlantic, South Hill,
Mecklenburg County, VA
No Objection
110 Church Avenue,
City of Roanoke, VA
No Objection
544 Stuart Drive East,
City of Galax, VA
No Objection
1959 Valley View,
City of Roanoke, VA
No Objection
702 Fairmount Avenue,
Honaker, Russell County, VA
No Objection
U.S. Highway 23 North,
Weber, Scott County, VA
No Objection
196 East Jackson Street,
Gate City, Scott County, VA
No Objection
530 Main Street,
City of Danville, VA
No Objection
605 West Main Street,
City of Danville, VA
No Objection
3320 Riverside Drive,
City of Danville, VA
No Objection
1500 Piney Forest Road,
City of Danville, VA
No Objection
U. S. Route 11 and Trinkle,
Dublin, Pulaski County, VA
No Objection
845 East Second Street,
Chase City, Mecklenburg County, VA
No Objection
SECTION II
APPLICATIONS OF NATIONAL BANKS

NONE REPORTED

NO OTHER APPLICATIONS RECEIVED