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 26, 1998 Vol. X - No. 25

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 26, 1998 - Vol. X - No. 25

SECTION I

NEW BANK
DATE INSTITUTION LOCATION ACTIVITY
6/25/98 Alliance Bank Corporation
Fairfax County, VA		 12735 Shops Lane
Fairfax County, VA		 Approved
APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
DATE DESCRIPTION ACTIVITY
6/23/98 Resource Bankshares Corporation, Virginia Beach, VA to acquire 100 percent
of the voting stock of Resource Bank, Virginia Beach, VA		 Approved
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
6/19/98 Bank of Suffolk
Suffolk, VA		 3216 Western Branch Boulevard,
City of Chesapeake, VA		 Approved
6/19/98 Chesapeake Bank
Kilmarnock, VA		 1229 Lafayette Street,
City of Williamsburg, VA		 Opened
6/19/98 County Bank of Chesterfield
Midlothian, VA		 906 Branchway Road,
Chesterfield County, VA		 Filed
6/22/98 Bank of Floyd
Floyd, VA		 185 South Main Street,
Hillsville, Carroll County, VA		 Opened
6/24/98 Bank of Essex
Tappahannock, VA		 9951 Brook Road, Glen Allen,
Henrico County, VA		 Filed
6/24/98 First Virginia Bank-Blue Ridge
Staunton, VA		 West Reservoir Road
at Interstate 81, Woodstock,
Shenandoah County, VA		 Filed
 
BRANCHES OF OUT OF STATE BANKS
6/6/98 Centura Bank
Rocky Mount, NC		 5237 Providence Road, Suite 975,
City of Virginia Beach, VA		 Opened
6/22/98 Matewan National Bank
Matewan, WV		 3102 West Cedar Valley Drive,
Cedar Bluff, Tazewell County, VA		 Filed
 
SECTION II
APPPLICATIONS OF NATIONAL BANKS


NEW BANK
DATE INSTITUTION LOCATION ACTIVITY
6/8/98 Cardinal Bank, National Association
Fairfax, VA		 10641 Lee Highway
Fairfax, VA		 Opened
BRANCH
6/9/98 One Valley Bank - Central Virginia
National Association
Lynchburg, VA		 U.S. Route 501,
Boonsboro Shopping Center
Lynchburg, VA 24503		 Filed
 
MERGERS
DATE DESCRIPTION ACTIVITY
6/8/98 One Valley Bank-Central Virginia, National Association to merge into it
First Federal Savings Bank of Lynchburg, Lynchburg, VA		 Effective
NO OTHER APPLICATIONS RECEIVED