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 10, 1998 Vol. X - No. 27

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 10, 1998 - Vol. X - No. 27

SECTION I
APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
DATE DESCRIPTION ACTIVITY
7/6/98 Heritage Bancorp, Inc. to acquire 100 percent of the voting stock of Heritage Bank,
McLean, VA
Filed
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
6/29/98 F & M Bank - Winchester
Winchester, VA
8 W. Market Street
Leesburg, Loudoun County, VA
Opened
7/2/98 First Virginia Bank of Tidewater
Norfolk, VA
355 Crawford Street
City of Portsmouth, VA
Filed
 
7/3/98 Crestar Bank
Richmond, VA
4415 East-West Highway
Riverdale, MD
Closed
7/6/98 Bank of Isle of Wight
Smithfield, VA
4000 George Washington Highway Filed
7/7/98 Southern Financial Bank
Warrenton, VA
2062 Plank Road
York County, Virginia
City of Fredericksburg, VA
Filed
 
On June 30, 1998, Crestar Bank, Richmond, VA closed the following branch locations: (1) 4601 N. Fairfax Drive, Arlington, Arlington County, VA; (2) 1225 Connecticut Avenue, Washington, DC; (3) 1776 H St., NW, Washington, DC; (4) 2131 Viers Mill Road, Rockville, MD; (5) 14401 Sweitzer Lane, Laurel, MD; and (6) 8601-F Westwood Center, Vienna, Fairfax County, VA.
 
BRANCH RELOCATION
DATE INSTITUTION LOCATION ACTIVITY
7/7/98 The Peoples Bank
Ewing, VA
FROM: 4 Main Street
Rose Hill, Lee County, VA
TO: 200 Main Street
Rose Hill, Lee County, VA
Filed
 
MAIN OFFICE RELOCATION
DATE INSTITUTION LOCATION ACTIVITY
7/2/98 The Trust Company of Virginia
Richmond, VA
FROM: 6800 Paragon Place, Suite 237
Henrico County, VA
TO: 9030 Stony Point Parkway
Suite 300,
City of Richmond, VA
Filed

EFT
DATE INSTITUTION LOCATION ACTIVITY
7/7/98 First Century Bank
Wytheville, VA
680 West Lee Highway, US Route 11
Wytheville, Wythe County, VA
Filed
BRANCHES OF OUT OF STATE BANKS
7/7/98 Centura Bank
Rocky Mount, NC
4460 Corporation Lane
Suites A & B
City of Virginia Beach, VA
No Objection
7/7/98 Central Carolina Bank and Trust
Company
Raleigh, NC
4551 Cox Road
Henrico County, VA
No Objection
SECTION II
APPLICATION OF NATIONAL BANKS
TRUST BANK
6/26/98 Old Point Trust & Financial Services,
N. A.
Newport, News, VA
11780 Jefferson Avenue, Suite D
Newport News, VA
Filed
BRANCHES
5/27/98 Central Fidelity National Bank
Richmond, VA
3551 Old Halifax Road
South Boston, VA
Opened
6/5/98 First National Bank
Rocky Mount, VA
135 Scruggs Road
Moneta, VA
Opened
6/15/98 The First National Bank of Altavista
Altavista, VA
4416-4418 Wards Road
Lynchburg, VA
Approved
6/22/98 The Old Point National Bank
of Phoebus
Hampton, VA
11780 Jefferson Avenue
Newport News, VA
Opened
6/23/98 First Union National Bank
Charlotte, NC
201 South Jefferson Street
Roanoke, VA
Closed
6/23/98 Valley Bank, N.A
Roanoke, VA
8 East Main Street
Salem, VA
Approved
6/25/98 Shenandoah National Bank
Staunton, VA
75 North Mason Street
Harrisonburg, VA
Filed
6/25/98 Blue Ridge Bank, N.A.
Floyd, VA
425 State Street
Bristol, VA
Filed
    Main Street & Mill Avenue Filed


Lebanon, VA
3052 Fourth Street
St. Paul, VA
Filed
6/25/98 Patriot Bank, N.A.
Fredericksburg, VA
8402 Sudley Road
Manassas, VA
Filed


9136 Mathis Avenue
Manassas, VA
Filed
6/25/98 First National Exchange Bank
Roanoke, VA
100 East Main Street
Salem, VA
Filed


3132 Electric Road
Roanoke, VA
Filed


901 Hardy Road
Vinton, VA
Filed


616 Ninth Street, SE
Roanoke, VA
Filed


1970 Blue Ridge Avenue
Roanoke, VA
Filed
 

APPLICATION OF NATIONAL BANKS
PURCHASE AND ASSUMPTION
6/18/98 One Valley Bank - East, National Association, Martinsburg, WV to purchase a
branch of One Valley Bank - Central Virginia, National Association at
440 East Main Street, Purcellville, VA
Filed
 
 
NO OTHER APPLICATIONS RECEIVED