Vol X - No 28

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 17, 1998

Vol. X - No. 28

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 17, 1998 - Vol. X - No. 28

SECTION I

MERGERS

DATE DESCRIPTION ACTIVITY

07/13/98 Hanover Bank, Mechanicsville, VA to merge into it First Community Bank,
Forest, Virginia and Regency Bank, Richmond, Virginia under the title of
MainStreet Bank (Central Virginia) Approved

07/16/98 Farmers & Merchants Bank-Eastern Shore, Onley, VA to merge into it The
Eastville Bank, Eastville, VA Filed

APPLICATION FILED PURSUANT TO SECTION 6.1-194.105 OF THE VIRGINIA CODE

07/09/98 BB&T Corporation, Winston-Salem, North Carolina, to acquire Maryland
Federal Bancorp, Inc., Hyattsville, MD Approved

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY

07/03/98 Virginia Commerce Bank
Arlington, VA 10777 Main Street,
City of Fairfax, VA Opened

07/08/98 First Virginia Bank of Tidewater
Norfolk, VA inside Greenbrier Mall, 1401
Greenbrier Parkway,
City of Chesapeake, VA Approved

07/13/98 Crestar Bank
Richmond, VA Fort Belvoir Commissary,
6020 Gorgas Road, Suite 101,
Fort Belvoir, Fairfax County, VA Approved

07/13/98 Union Bank and Trust Company
Bowling Green, VA 6110 Mechanicsville Turnpike,
Mechanicsville, Hanover
County, VA Approved

07/13/98 King George State Bank, Inc.
King George, VA James Madison Parkway, just
northwest of its intersection with
County Road 614, King George
County, VA Approved

07/13/98 Hanover Bank
Mechanicsville, VA 9564 Kings Charter Drive,
Hanover County, Ashland, VA Opened

BRANCHES OF VIRGINIA BANKS (Continued)

DATE INSTITUTION LOCATION ACTIVITY

07/15/98 The Bank of Marion
Marion, VA 196 East Jackson Street,
Gate City, Scott County, VA Approved

U. S. Highway 23 North and
Legion Street, Weber City,
Scott County, VA Approved

702 Fairmont Avenue, Honaker,
Russell County, VA Approved

07/15/98 Heritage Bank & Trust
Norfolk, VA Chesapeake Boulevard and East
Ocean View Avenue,
City of Norfolk, VA Approved

BRANCH OF OUT OF STATE BANK

07/14/98 Franklin National Bank of
Washington, D.C. 6849 Commerce Street,
Springfield, VA Filed

SECTION II
APPLICATIONS OF NATIONAL BANKS

NONE REPORTED

NO OTHER APPLICATIONS RECEIVED

DATE	DESCRIPTION	ACTIVITY
07/13/98	Hanover Bank, Mechanicsville, VA to merge into it First Community Bank, Forest, Virginia and Regency Bank, Richmond, Virginia under the title of MainStreet Bank (Central Virginia)	Approved
07/16/98	Farmers & Merchants Bank-Eastern Shore, Onley, VA to merge into it The Eastville Bank, Eastville, VA	Filed

DATE	INSTITUTION	LOCATION	ACTIVITY
07/03/98	Virginia Commerce Bank Arlington, VA	10777 Main Street, City of Fairfax, VA	Opened
07/08/98	First Virginia Bank of Tidewater Norfolk, VA	inside Greenbrier Mall, 1401 Greenbrier Parkway, City of Chesapeake, VA	Approved
07/13/98	Crestar Bank Richmond, VA	Fort Belvoir Commissary, 6020 Gorgas Road, Suite 101, Fort Belvoir, Fairfax County, VA	Approved
07/13/98	Union Bank and Trust Company Bowling Green, VA	6110 Mechanicsville Turnpike, Mechanicsville, Hanover County, VA	Approved
07/13/98	King George State Bank, Inc. King George, VA	James Madison Parkway, just northwest of its intersection with County Road 614, King George County, VA	Approved
07/13/98	Hanover Bank Mechanicsville, VA	9564 Kings Charter Drive, Hanover County, Ashland, VA	Opened

07/15/98	The Bank of Marion Marion, VA	196 East Jackson Street, Gate City, Scott County, VA	Approved
		U. S. Highway 23 North and Legion Street, Weber City, Scott County, VA	Approved
		702 Fairmont Avenue, Honaker, Russell County, VA	Approved
07/15/98	Heritage Bank & Trust Norfolk, VA	Chesapeake Boulevard and East Ocean View Avenue, City of Norfolk, VA	Approved