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

July 2, 1998 Vol. X - No. 26

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
July 2, 1998 - Vol. X - No. 26

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 CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
6/12/98 One Valley Bancorp, Inc., Charleston, West Virginia to acquire Summit
Bankshares, Inc., Raphine, Virginia
Filed
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
6/22/98 The Bank of Floyd
Floyd, VA
185 South Main Street,
Hillsville, Carroll County, VA
Opened
6/26/98 The Bank of Hampton Roads
Chesapeake, VA
4037 East Little Creek Road,
City of Norfolk, VA
Filed
6/29/98 First Virginia Bank - Piedmont
Lynchburg, VA
143 Crown Drive,
City of Danville, VA
Opened
6/30/98 First Virginia Bank-Mountain Empire
Abingdon, VA
3000 Lee Highway,
City of Bristol, VA
Filed
BRANCH RELOCATION
6/26/98 The Bank of Southside Virginia
Carson, VA
FROM: Route 1402 and Route 1,
Dinwiddie Courthouse,
Dinwiddie County, VA
TO: 13909 Boydton Plank Road
Dinwiddie, Dinwiddie County,
VA
Approved
NO OTHER APPLICATIONS RECEIVED