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

August 14, 1998 Vol. X - No. 32

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
August 14, 1998 - Vol. X - No. 32

SECTION I
NEW BANK

DATE INSTITUTION LOCATION ACTIVITY
8/10/98 Potomac Bank of Virginia
Vienna, VA
133 Maple Avenue, East,
Vienna, Fairfax County, VA
Opened

MERGER
DATE DESCRIPTION ACTIVITY
8/14/98 Branch Banking and Trust Company of Virginia, Virginia Beach, VA to merge
into it Life Savings Bank, F.S.B., Norfolk, VA
Effective

APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
7/17/98 MainStreet BankGroup Incorporated to acquire 100 percent of the voting stock
of Ballston Bancorp, Inc., Washington, D.C. and The Bank of Northern Virginia
Arlington, VA
Effective
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
8/7/98 First Virginia Bank-
Mountain Empire
Wise, VA
3000 Lee Highway,
City of Bristol, VA
Approved
8/7/98 Crestar Bank
Richmond, VA
Prince George County, VA Filed
8/10/98 Southern Financial Bank
Warrenton, VA
2062 Plank Road,
City of Fredericksburg, VA
Approved
8/10/98 Bank of Isle of Wight
Smithfield, VA
4000 George Washington Highway
York County, VA
Approved
8/10/98 First Colonial Bank
Prince George, VA
2141 East Hundred Road,
Chester, Chesterfield County, VA
Filed
8/12/98 Crestar Bank
Richmond, VA
245 Arch Avenue
City of Waynesboro, VA
Filed
8/12/98 Bank of Isle of Wight
Smithfield, VA
776 J. Clyde Morris Boulevard
City of Newport News, VA
Filed

 
REDESIGNATION OF MAIN OFFICE

DATE INSTITUTION LOCATION ACTIVITY
8/14/98 Branch Banking and Trust
Company of Virginia
FROM: 3450 Pacific Avenue,
City of Virginia Beach, VA
TO: 109 East Main Street
City of Norfolk, VA
Effective

RELOCATION OF TRUST COMPANY PRINCIPAL OFFICE

8/14/98 The Trust Company of Virginia
Henrico County, VA
FROM: 6800 Paragon Place,
Suite 237, Henrico
County, VA
TO: 9030 Stony Point Parkway,
Suite 300, City of
Richmond, VA
Approved

EFT'S


8/7/98 Crestar Bank
Richmond, VA
Sweetbriar College
Highway 29, Sweetbriar
Amherst County, VA
Opened
8/7/98 First Century Bank
Wytheville, VA
680 West Lee Highway,
US Route 11,
Wytheville, Wythe County, VA
No Objection
BRANCH OF OUT-OF-STATE BANK
8/6/98
Trust Company
First-Citizens Bank &
Campbell County, VA
Raleigh, NC
3021 Old Forest Road, Filed
SECTION II

APPLICATIONS OF NATIONAL BANKS

NEW BANK
7/29/98 Virginia National Bank
Charlottesville, VA
222 East Main Street
Charlottesville, VA
Opened
APPLICATION OF NATIONAL BANKS

BRANCHES
DATE INSTITUTION LOCATION ACTIVITY
7/30/98 Shenandoah National Bank
Staunton, VA
75 North Mason Street
Harrisonburg, VA
Approved
7/30/98 Blue Ridge Bank,
National Association
Floyd, VA
425 State Street
Bristol, VA
Approved


Main Street & Mill Avenue
Lebanon, VA
Approved


3052 Fourth Street
St. Paul, VA
Approved
7/30/98 Patriot Bank, National Association
Fredericksburg, VA
8402 Sudley Road
Manassas, VA
Approved


9136 Mathis Avenue
Manassas, VA
Approved

 
 
 
NO OTHER APPLICATIONS RECEIVED