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 12, 1997 Vol. IX - No. 50

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
APPLICATION FILED PURSUANT TO CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
12/01/97 MainStreet BankGroup Incorporated, Martinsville, VA to acquire
Commerce Bank Corporation, College Park, MD		 Effective

BRANCHES

 

DATE INSTITUTION LOCATION ACTIVITY
12/04/97 Bank of Lancaster
Kilmarnock, VA		 Rt. 3 Kings Highway, Montross,
Westmoreland County, VA		 Filed
    610 West Richmond Road,
Warsaw, Richmond County, VA		 Filed
12/05/97 Heritage Bank & Trust
Norfolk, VA		 4815 Colley Avenue,
City of Norfolk, VA		 Opened
12/06/97 Crestar Bank
Richmond,VA		 2227 West Mercury Boulevard,
City of Hampton, VA		 Closed

SECTION II
APPLICATIONS OF NATIONAL BANKS

NEW BANK

 

DATE INSTITUTION LOCATION ACTIVITY
11/26/97 First National Exchange Bank
Roanoke, VA		 1722 Hershberger Road,
Roanoke, VA		 Approved

BRANCH

11/28/97 First Union National Bank
Charlotte, NC		 14011-D Street,
Germain Drive, Store 117,
Centreville, VA		 Filed

PURCHASE AND ASSUMPTION OF BRANCHES

DATE DESCRIPTION ACTIVITY
11/26/97 First National Exchange Bank, Roanoke, VA to purchase branches of The
First National Bank of Rocky Mount at 1722 Hershberger Road, Roanoke,
VA; 550 Blue Ridge Avenue, Bedford, VA; 2657 Peters Creek Road,
N.W., Roanoke, VA		 Approved

NO OTHER APPLICATIONS RECEIVED