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 22, 1998 Vol. X - No. 20

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 22, 1998 - Vol. X - No. 20

SECTION I

APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
DATE DESCRIPTION ACTIVITY
05/18/98 MainStreet BankGroup Incorporated to acquire 100 percent of the voting stock
of Ballston Bancorp, Inc., Washington, D.C. and The Bank of Northern Virginia
Arlington, VA
Approved
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
05/15/98 The Bank of Southside Virginia
Carson, VA
FROM: Route 1402 and Route 1,
Dinwiddie Courthouse,
Dinwiddie County, VA
Filed


TO: 13909 Boydton Plank Road
Dinwiddie, Dinwiddie County,
VA

05/16/98 Crestar Bank
Richmond, VA
3507 West Cary Street,
City of Richmond, VA
Opened
05/22/98 Peninsula Trust Bank,
Incorporated
Gloucester, VA
State Routes 33 & 670, Mattaponi,
King and Queen County, VA
Approved
BRANCHES OF OUT OF STATE BANK

04/13/98 Potomac Valley Bank
Gaithersburg, MD
19400 Leisure World Boulevard,
Lansdowne, Loudon County, VA
Opened
05/18/98 Potomac Valley Bank
Gaithersburg, MD
7440 Spring Village Drive,
Springfield, Fairfax County, VA
Filed
EFT
4/3/98 Crestar Bank
Richmond, VA
Fort Belvoir Shoppette
13th St, Building 1155
Fort Belvoir, Fairfax County, VA
Opened
5/13/98 Crestar Bank
Richmond, VA
1001 Semmes Avenue,
City of Richmond, VA
Opened
 
NO OTHER APPLICATIONS RECEIVED