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

January 16, 1998 Vol. X - No. 2

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
January 16, 1998 - Vol. X - No. 2

SECTION I

SECTION I

APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
01/02/98 GNB Bankshares Corporation, Grundy, VA to acquire 100 percent of the voting stock of Grundy National Bank, Grundy, VA Effective
01/14/98 Mainstreet Bankgroup Incorporated, Martinsville, VA to acquire 100 percent voting stock of Regency Financial Shares, Inc., Richmond, VA Filed

 

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
01/09/98 First Virginia Bank
Falls Church, VA
137 Spotsylvania Mall
Spotsylvania County, VA
Closed
01/12/98 Farmers and Miners Bank
Pennington Gap, VA
Piggly Wiggly Grocery Store
Piggly Wiggly Shopping Center,
Chase St., Clintwood,
Dickenson County, VA
Approved
       
MAIN OFFICE RELOCATION
01/12/98 Metro-County Bank of Virginia, Inc.
Mechanicsville, VA
FROM: 8194 Atlee Road
Mechanicsville,
Hanover County, VA
TO: 8206 Atlee Road
Mechanicsville,
Hanover County, VA
Filed
       
SECTION II
APPLICATIONS OF NATIONAL BANKS
BRANCHES
11/07/97 Matewan National Bank
Matewan, WV
Virginia Highway 694
and Pittston Avenue
Lebanon, Russell County, VA
Opened
12/26/97 Matewan National Bank
Matewan, WV
201 Suffolk Avenue
Richlands, Tazewell
County, VA
Opened
12/26/97 Matewan National Bank
Matewan, WV
396 Town Centre Drive
Town Centre Shopping Center
Abingdon, Washington
County, VA
Opened
12/29/97 First Union National Bank
Charlotte, NC
14011-D St., Germain Drive,
Store 117,
Centreville, VA
Approved

 
CLOSING OF BRANCHES

The last two issues of the WEEKLY INFORMATION BULLETIN listed under closings a number of offices of Central Fidelity National Bank, Jefferson National Bank and First Union National Bank. The dates listed reflected the 90-day notices given to the OCC for closing the said offices


 


 
 
NO OTHER APPLICATIONS RECEIVED