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

November 6, 1998 Vol. X - No. 44

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
November 6, 1998 - Vol. X - No. 44

SECTION I
NEW BANK

DATE INSTITUTION LOCATION ACTIVITY
10/28/98 New Peoples Bank
Honaker, VA
State Route 80 and Gent Street
Honaker, Russell County, VA
Opened
APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE

DATE DESCRIPTION ACTIVITY
11/05/98 Mid-Atlantic Community BankGroup, Inc., Gloucester, VA to acquire 100
percent of voting stock of United Community Bankshares, Inc., Franklin, VA
Approved
APPLICATION FILED PURSUANT TO CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE
11/04/98 BB&T Corporation, Winston-Salem, NC to acquire MainStreet Financial Corporation Filed Martinsville, VA
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
9/14/98 Crestar Bank
Richmond, VA
Fort Belvoir Commissary
6020 Gorgas Road, Suite 101
Fort Belvoir, Fairfax County, VA
Opened
10/20/98 First Virginia Bank-Mountain Empire
Wise, VA
3000 Lee Highway
City of Bristol, VA
Opened
10/26/98 First Virginia Bank
Falls Church, VA
5844 Mapledale Plaza, Woodbridge
Prince William County,VA
Opened
11/03/98 Planters Bank & Trust Company
of Virginia, Staunton, Virginia
1197 North Lee Highway
Rockbridge County, VA
Approved
11/04/98 Bank of the Commonwealth
Norfolk, VA
Las Gaviotas Shopping Center
1245 Cedar Road,
City of Chesapeake, VA
Filed
BRANCH RELOCATION
11/03/98 Branch Banking and Trust Company
of Virginia
Virginia Beach, VA
FROM: 316 S. Jefferson Street
TO: 37 Church Avenue SW
both in the City of Roanoke, VA
Approved
 
EFT'S
DATE INSTITUTION LOCATION ACTIVITY
8/24/98 Crestar Bank
Richmond, VA
10700 North Park Drive
Glen Allen, Henrico County, VA
Closed
8/28/98 Crestar Bank
Richmond, VA
10400 Fernwood Road
Besthesda, MD
Closed
11/02/98 Branch Banking and Trust Company
of Virginia
Virginia Beach, VA
681-A North Battlefield Boulevard
City of Chesapeake, VA
Filed
SECTION II
APPLICATIONS OF NATIONAL BANKS
BRANCH
10/14/98 American National Bank and Trust
Company
Danville, VA
628 Main Street
Danville, VA
Opened
 
NO OTHER APPLICATIONS RECEIVED