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 13, 1998 Vol. X - 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, 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
March 13, 1998 - Vol. X - No. 10

SECTION I


BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
03/09/98 Crestar Bank
Richmond, VA		 the corner of Harry Byrd Highway
and Bartholomew Fair Drive, Sterling,
Loudoun County, Virginia		 Filed
03/12/98 Union Bank and Trust Company
Bowling Green, VA		 2811 Fall Hill Avenue, City of
Fredericksburg, Virginia		 Filed

EFT
DATE INSTITUTION LOCATION ACTIVITY
02/24/98 Chesapeake Bank
Kilmarnock, VA		 6823 George Washington
Memorial Highway, Gloucester,
Gloucester County, Virginia		 Closed


INTERSTATE BANK MERGER
DATE DESCRIPTION ACTIVITY
03/04/98 Wachovia Bank, National Association, Winston-Salem, NC to merge into it
Central Fidelity National Bank, Richmond, VA and Jefferson National Bank,
Charlottesville, VA		 Approved

SUBSIDIARY TRUST COMPANY MERGER
02/27/98 First Union National Bank, Charlotte, NC to merge into it Signet Trust Company
Richmond, VA		 Effective

SECTION II


APPLICATIONS OF NATIONAL BANK


MERGERS
02/25/98 Marshall Interim National Bank and Trust Company (Interim) to commence banking
business at 8372 W. Main Street, Marshall, VA in connection with the acquisition of
Marshall National Bank and Trust Company, Marshall, VA by Mercantile Bankshares
Corporation, Baltimore, MD		 Approved

PURCHASES AND ASSUMPTIONS OF BRANCHES


On February 20, 1998, One Valley Bank Central Virginia National Association, Lynchburg, Va purchased branches of Jefferson National Bank, Charlottesville, VA at the following locations: (1) 206 South Main Street, Culpeper, VA; (2) Route 60, Anderson Hwy, Cumberland, VA; (3) Main Street, Lovingston, VA; (4) 4430 Ivy Commons, Charlottesville, VA; (5) 901 Seminole Trail, Charlottesville, VA; (6) 16542 State Farm Boulevard, Chalorttesville, VA; (7) 146 James River Road, Scottsville, VA; (8) 11816 Triangle Shopping Plaza, Dumfries, VA; (9) 440 East Main Street, Purcellville, VA

On February 20, 1998, One Valley Bank Central Virginia National Association, Lynchburg, VA purchased
branches of Central Fidelity National Bank at the following locations: (1) 2033 Ivy Road, Charlottesville, VA;
(2) 300 Preston Avenue, Charlottesville, VA; (3) 1727 Seminole Trail, Charlottesville, VA; (4) 817 Main Street, Buchanan, VA; (5) 401 South Main Street, Emporia, VA; (6) 524 North Main Street, Emporia, VA

BRANCHES

On February 13, 1998 First Union National Bank, Charlotte, NC closed 22 branches at the following locations:
(1) Route 695, White Stone, VA; (2) 284 North Main Street, Kilmarnock, VA; (3) Route 3, Kings Highway, Montross, VA; (4) 610 West Richmond Road, Warsaw, VA; (5) State Route 205-McKinney Boulevard, Colonial Beach, VA; (6) Route 360, Burgess, VA; (7) Route 360-Main Street, Reedville, VA; (8) Bank Street, Boydton, VA; (9) 1145 East Atlantic Street, South Hill, VA; (10) 122 West Atlantic Street, South Hill, VA; (11) 110 Church Avenue, Roanoke, VA; (12) East Stuart Drive, Galax, VA; (13) 1959 Valley View Boulevard, N.W., Roanoke, VA; (14) Albert Drive & Fairmount Avenue, Honaker, VA; (15) Highway 23, Weber City, VA; (16) East Jackson Street, Gate City, VA; (17) 530 Main Street, Danville, Va; (18) 3320 Riverside Drive, Danville, VA; (19) 605 West Main Street, Danville, VA; (20) 1500 Piney Forest Road, Danville, VA; (21) U.S. Route 11, Dublin, VA; (22) 845 East 2nd Street, Chase City, VA
DATE INSTITUTION LOCATION ACTIVITY
02/27/98 Nationsbank, National Association
Charlotte, NC		 6830 Old Dominion Drive
McLean, VA		 Closed

NO OTHER APPLICATIONS RECEIVED