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 29, 1998 Vol. X - No. 21

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 29, 1998 - Vol. X - No. 21

SECTION I

BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
04/02/98 Southern Financial Bank
Warrenton, VA
46910 Community Plaza
Sterling, Loudoun County, VA
Opened
05/22/98 Guaranty Bank
Charlottesville, VA
1022 West Main Street
City of Charlottesville, VA
Approved
05/30/98 Bank of Suffolk
Suffolk, VA
3216 Western Branch Boulevard
City of Chesapeake, VA
Filed
BRANCH OF OUT OF STATE BANK


05/02/98 Centura Bank
Rocky Mount, NC
101 Village Avenue
York County, VA
Opened
SECTION II
APPLICATIONS OF NATIONAL BANK

BRANCHES

On March 19, 1998 First Union National Bank, Charlotte, NC closed 39 offices at the following locations: (1) 14801 Warwick Boulevard, Newport News, VA; (2) 8091 Sudley Road, Manassas, VA; (3) 13927 Jefferson Davis Highway, Woodbridge, VA; (4) 870 North Military Highway, Norfolk, VA; (5) 425 State Street, Bristol, VA; (6) 100 East Main Street, Salem, VA; (7) 133 North Fairfax Street, Alexandria, VA; (8) 901 North Stuart Street, Arlington, VA; (9) 4736 Lee Highway, Arlington, VA; (10) 4087 University Drive, Fairfax, VA; (11) 225 West Broad Street, Falls Church, VA; (12) 13021 Worldgate Drive, Herndon, VA; (13) 9166 Mathis Avenue, Manassas, VA; (14) 21700 Towncenter Plaza, Sterling, VA; (15) 3216 Western Branch Boulevard, Chesapeake, VA; (16) 4101 Dominion Boulevard, Glen Allen; (17) 374 Maple Avenue East, Vienna, VA; (18) 355 Crawford Street, Portsmouth, VA; (19) 906 Branchway Road, Richmond, VA; (20) 5734 Hopkins Road, Richmond, VA; (21) 1415 Eastridge Road, Richmond, VA; (22) Main Street & Mill Avenue, Lebanon, VA; (23) 3052 Fourth Avenue, St. Paul, VA; (24) 901 Hardy Road, Vinton, VA; (25) 3000 Lee Highway, Bristol, VA; (26) 3132 Electric Road, S.W., Roanoke, VA; (27) 3615 Franklin Road, S.W., Roanoke, VA; (28) 4460 Corporation Lane, Virginia Beach, VA; (29) 7799 Leesburg Pike, Falls Church, VA; (30) 1510 South Military Highway, Chesapeake, VA; (31) 7117 Mechanicsville Turnpike, Mechanicsville, VA; (32) 96 Main Street, Newport News, VA; (33) 3101 Washington Avenue, Newport News, VA; (34) 6330 Newtown Road, Norfolk, VA; (35) 2230 West Parham Road, Richmond, VA; (36) 1705 Baltic Avenue, Virginia Beach, VA; (37) 925 Diamond Springs Road, Virginia Beach, VA; (38) 996 First Colonial Road, Virginia Beach, VA and (39) 5241 Providence Road, Virginia Beach, VA.

On May 1, 1998 First National Exchange Bank, Roanoke, VA purchased the following branches of First National Bank, Rocky Mount, VA: (1) 550 Blue Ridge Avenue, Bedford, VA; (2) 2657 Peters Creek Road, N.W.; (3) 1722 Hershberger Road, Roanoke, VA and (4) 300 Main Street, New Castle, VA.


NO OTHER APPLICATIONS RECEIVED