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
April 3, 1998 Vol. X - No. 13

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
April 3, 1998 - Vol. X - No. 13

SECTION I

APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
DATE DESCRIPTION ACTIVITY
03/30/98 James River Bankshares, Inc., Suffolk, VA to acquire 100 percent of the
voting stock of First Colonial Bank, Hopewell, VA		 Approved
03/30/98 Cardinal Financial Corporation, Fairfax, VA to acquire 100 percent of the
voting stock of Cardinal Bank, N.A., Fairfax, VA		 Filed
03/31/98 Shore Financial Corporation, Onley, VA to acquire Shore bank, Onley, VA Effective
CONVERSION
03/30/98 First Colonial Bank to commence banking business at 5100 Oaklawn
Boulevard, Prince George County, Virginia with the conversion of First
Colonial Bank, a Federal Savings Bank to a state chartered bank		 Approved
03/31/98 Shore Bank to commence banking business at 25253 Lankford Highway,
Onley, VA with the conversion of Shore Bank, a federal savings bank to a
state chartered bank		 Effective
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
03/23/98 Farmers and Miners Bank
Pennington Gap, VA		 Piggly Wiggly Grocery Store,
Piggly Wiggly Shopping Center,
Chase St., Clintwood,
Dickenson County, VA		 Opened
03/27/98 Harbor Bank
Newport News, VA		 14801 Warwick Boulevard,
City of Newport News, VA		 Filed
03/27/98 Planters Bank & Trust
Company of Virginia,
Staunton, VA		 100 Lucy Lane,
City of Waynesboro, VA		 Filed


375 North Mason Street,
City of Harrisonburg, VA		 Filed
03/31/98 First Virginia Bank-
Mountain Empire,
Damascus, VA		 Kroger Supermarket,
Store R-335, Gate City
Highway and Midway Street,
City of Bristol, VA		 Filed
SECTION I

BRANCHES OF VIRGINIA BANKS (cont.)
04/01/98 Crestar Bank
Richmond, VA		 3507 West Cary Street,
City of Richmond, VA		 Filed

BANK MERGERS

DATE DESCRIPTION ACTIVITY
03/30/98 F & M Bank-Richmond to merge into it Peoples Bank of Virginia, Chesterfield,
Virginia		 Approved
04/01/98 F & M Bank-Richmond to merge into it Peoples Bank of Virginia, Chesterfield,
Virginia		 Effective

SECTION II

APPLICATIONS OF NATIONAL BANKS

NEW BANK
DATE INSTITUTION LOCATION ACTIVITY
03/18/98 Cardinal Bank, National Association
Fairfax, VA		 10641 Lee Highway,
Fairfax, VA		 Approved

INTERSTATE BANK MERGER
DATE DESCRIPTION ACTIVITY
03/19/98 First Century Bank, National Association, Bluefield, WV to merge into it
First American Federal Saving Bank, Roanoke, VA		 Approved
03/30/98 Wachovia Bank, National Association, Winston-Salem, NC to merge into it
Central Fidelity National Bank, Richmond, VA and Jefferson National Bank,
Charlottesville, VA		 Effective
PURCHASE AND ASSUMPTION OF BRANCH
03/20/98 Powell Valley National Bank, Jonesville, VA to purchase branch of First
American Federal Savings Bank, Roanoke, VA at 211 East 5th Street,
Big Stone Gap, VA		 Approved

BRANCHES OF NATIONAL BANKS

On February 6, 1998, Central Fidelity National Bank, Richmond, VA closed 6 branches at the following
locations: (1) 5816 Grove Avenue, Richmond, VA; (2) 5100 Richmond-Henrico Turnpike, Richmond, VA;
(3) 5001 Nine Mile Road, Richmond, VA; (4) Richmond International Airport, Sandston, VA; (5) 12410
Gayton Road, Richmond, VA and (6) 20815 Chesterfield Avenue, Ettrick, VA.

SECTION II

APPLICATIONS OF NATIONAL BANKS (cont.)

RELOCATION OF BRANCH OFFICE
DATE INSTITUTION LOCATION ACTIVITY
03/20/98 One Valley Bank-Central Virginia
National Association,
Culpeper, VA		 FROM: 206 South Main Street
Culpeper County,
Culpeper, VA		 Filed


TO: 806 Nottingham Street
Culpeper County
Culpeper, VA
 
NO OTHER APPLICATIONS RECEIVED