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

December 11, 1998 Vol. X - No. 49

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
December 11, 1998 - Vol. X - No. 49

SECTION I

NEW BANKS

DATE DESCRIPTION ACTIVITY
11/16/98 Alliance Bank Corporation to begin banking business at 12735 Shops Lane, Fairfax
County, VA
Opened
12/07/98 The Bank of Williamsburg to begin banking business at 5251 John Tyler Highway,
Suite 52, James City County, VA
Approved
12/07/98 Albemarle First Bank to begin banking business at 1265 Seminole Trail,
Albemarle County, VA
Approved
APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
12/01/98 Mid-Atlantic Community BankGroup, Inc., Gloucester, VA to acquire 100
percent of voting stock of United Community Bankshares, Inc., Franklin, VA
Effective
12/07/98 Union Bankshares Corporation , Bowling Green, VA to acquire 100 percent voting Approved
HOLDING COMPANY NAME CHANGE

12/01/98 Mid-Atlantic Community BankGroup, Inc., Gloucester, VA changed its name to
Atlantic Financial Corp. upon the merger into it of United Community Bankshares,
Inc.
Effective
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
11/27/98 First Virginia Bank-Mountain Empire
Wise, VA
Main Street, Pound
Wise County, VA
Closed
12/04/98 Guaranty Bank
Charlottesville, VA
The Shops at Wellesley
Park Terrace and Lauderdale Drives
Henrico County, VA
Filed
12/07/98 Second Bank & Trust
Culpeper, VA
390 University Boulevard
City of Harrisonburg, VA
Opened
12/09/98 The Bank of Hampton Roads
Chesapeake, VA
1316 North Great Neck Road
City of Virginia Beach, VA
Filed
 
 
SECTION II

APPLICATIONS OF NATIONAL BANKS

BRANCH

DATE INSTITUTION LOCATION ACTIVITY
11/23/98 First Union National Bank
Charlotte, NC
2101 Plank Road
Fredericksburg, VA
Closed
BRANCH RELOCATION

11/24/98 First Union National Bank
Charlotte, NC
FROM: 3406 Plank Road
TO: 4246 Plank Road
both in the Fredericksburg, VA
Effective

NO OTHER APPLICATIONS RECEIVED