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
May 1, 1998 Vol. X - No. 17

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
May 1, 1998 - Vol. X - No. 17

SECTION I


MERGERS
DATE DESCRIPTION ACTIVITY
04/24/98 F&M Bank-Northern Virginia, Fairfax, Virginia to merge into it The Bank of
Alexandria, Alexandria, Virginia		 Approved

BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
04/24/98 First Virginia Bank-Piedmont
Lynchburg, VA		 143 Crown Drive,
City of Danville, VA		 Approved

MAIN OFFICE RELOCATION
04/27/98 Metro-County Bank of Virginia, Inc.
Mechanicsville, VA		 FROM: 8194 Atlee Road
Mechanicsville, Hanover
County, VA		 Effective


TO: 8206 Atlee Road
Mechanicsville, Hanover
County, VA

BRANCH OF OUT OF STATE BANK
04/13/98 The First National Bank of Maryland
Baltimore, Maryland		 105 Harry F. Byrd Highway,
Sterling, Loudoun County, VA		 Opened

SECTION II


APPLICATIONS OF NATIONAL BANKS


BRANCH OPENING
04/16/98 First Union National Bank
Charlotte, NC		 Vicinity of 4800 Fillmore Avenue,
Alexandria, VA		 Approved

BRANCH RELOCATION
04/13/98 First Union National Bank
Charlotte NC		 FROM: 13890 Braddock Road,
Centerville, VA		 Approved


TO: 14011-D St. Germain Drive,
Store #117, Centreville, VA
 

BRANCH CLOSINGS
DATE INSTITUTION LOCATION ACTIVITY
04/17/98 Nationsbank, National Association
Charlotte, NC		 #1 Downtown Plaza Shopping
Center, Norfolk, VA		 Effective

On April 7, 1998, First Union National Bank, Charlotte, NC closed 9 branches at the following locations: (1) 2004 Augustine Avenue, Fredericksburg, VA; (2) 5900 Midlothian Turnpike, Richmond, VA; (3) 2001 Jefferson Davis Highway, Arlington, VA; (4) 6949 Commerce Street, Springfield, VA; (5) 1515 N. Courthouse Road, Arlington, VA; (6) 4851 S. Laburnum Avenue, Richmond, VA; (7) 5001 W. Broad Street, Richmond, VA; (8) 100 North Main Street, Galax, VA and (9) 776 J. Clyde Morris Boulevard, Newport News, VA.

NO OTHER APPLICATIONS RECEIVED