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 17, 1998 Vol. X - No. 15

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 17, 1998 - Vol. X - No. 15

SECTION I

APPLICATION FILED PURSUANT TO SECTION 6.1-406 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
04/10/98 BB&T Corporation, Winston-Salem, North Carolina, to acquire Franklin
Bancorporation, Inc., Washington, D.C.
Approved

BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
04/10/98 Crestar Bank
Richmond, VA
the corner of Harry Byrd Highway
and Bartholomew Fair Drive,
Sterling, Loudoun County, VA
Approved
04/15/98 Peninsula Trust Bank
Gloucester, VA
Route 33, Mattaponi, King and
Queen County, VA
Filed
BRANCHES OF OUT OF STATE BANKS

04/13/98 The First National Bank of Maryland 105 Harry F. Byrd Highway, No objection
  Baltimore, Maryland Sterling, Loudoun County, VA  
 
SECTION II
APPLICATIONS OF NATIONAL BANKS

BRANCHES OF NATIONAL BANKS


On 03/20/98, Central Fidelity National Bank closed 16 branches at the following locations: (1) 7119 Hull Street, Richmond, VA; (2) 2405 Centerville Road, Herndon, VA; (3) 426 Weems Lane, Winchester, VA; (4) 806 Nottingham Avenue, Culpeper, VA; (5) Corner of Mason & Gay, Harrisonburg, VA; (6) 2749 McRea Road, Richmond, VA; (7) 1022 West Main Street, Charlottesville, VA; (8) 4230 Plank Road, Fredericksburg, VA; (9) 2864 Jefferson Davis Highway, Stafford, VA; (10) 801 East Main Street, Richmond, VA; (11) 703-J Market Street, Leesburg, VA; (12) 6020 Richmond Highway, Suite 101, Alexandria, VA; (13) 3426 W. Cary Street, Richmond, VA; (14) 1600 Westwood Avenue, Richmond, VA; (15) 7702 Parham Road, Richmond, VA and (16) 4390 S. Laburnum Avenue, Richmond, VA.


DATE INSTITUTION LOCATION ACTIVITY
04/02/98 First Century Bank, National
Association, Bluefield, WV
427 Virginia Avenue
Bluefield, VA
Effective
 
 
SECTION II (cont.)

APPLICATIONS OF NATIONAL BANKS
MERGERS/AQUISITIONS

DATE DESCRIPTION ACTIVITY
03/31/98 Marshall Interim National Bank and Trust Company (Interim) to merge with
Marshall National Bank and Trust Company, Marshall, VA in connection
with its acquisition by Mercantile Bankshares Corporation, Baltimore, MD
Effective

NO OTHER APPLICATIONS RECEIVED