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
June 19, 1998 Vol. X - No. 24

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
June 19, 1998 - Vol. X - No. 24

SECTION I

APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
DATE DESCRIPTION ACTIVITY
6/17/98 Union Bankshares Corporation, Bowling Green, Virginia to acquire 100 percent
of the voting stock of Rappahannock Bankshares, Inc., Washington, Virginia.		 Approved

BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
6/1/98 Peninsula Trust Bank, Incorporated
Gloucester, VA		 737 J. Clyde Morris Boulevard
City of Newport News, VA		 Opened
6/12/98 Heritage Bank & Trust
Norfolk, VA		 southwest corner of Chesapeake
Boulevard and East Ocean View Avenue, City of Norfolk, VA		 Filed
6/16/98 Central Virginia Bank
Powhatan, VA		 1368 Anderson Highway
Cumberland County, VA		 Opened
6/17/98 Virginia Commerce Bank
Arlington, VA		 10777 Main Street
City of Fairfax, VA		 Approved
6/18/98 Peninsula Trust Bank, Incorporated
Gloucester, VA		 100 McLaws Circle
James City County, VA		 Filed
6/18/98 Metro-County Bank of Virginia, Inc.
Mechanicsville, VA 		5419 Lakeside Avenue
Henrico County, VA		 Filed

BRANCH OF OUT OF STATE BANK
6/15/98 Centura Bank
Rocky Mount, NC		 4460 Corporation Lane
Suites A & B,
City of Virginia Beach, VA		 Filed

PURCHASE & ASSUMPTION
6/18/98 One Valley Bank - East, National Association, Martinsburg, West Virginia to
purchase the Purcellville Branch of One Valley Bank - Central Virginia, N.A.
at 440 East Main Street, Purcellville, VA		 Filed

NO OTHER APPLICATIONS RECEIVED