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

February 13, 1998 Vol. X - No. 6

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
February 13, 1998 - Vol. X - No. 6

SECTION I


BANK MERGERS


DATE DESCRIPTION ACTIVITY
02/10/98 F & M Bank-Richmond to merge into it Peoples Bank of Virginia, Chesterfield
Virginia.
Filed

BRANCHES OF VIRGINIA BANKS


DATE INSTITUTION LOCATION ACTIVITY
02/09/98 Heritage Bank
McLean, VA
Unit 6, Heritage Plaza
Pidgeon Dill Drive, Sterling
Loudoun County, Virginia
Filed
02/09/98 Bank of Suffolk
Suffolk, VA
1514 Holland Road
City of Suffolk, Virginia
Filed
02/12/98 Highlands Union Bank
Abingdon, VA
506 Maple St.
Glade Spring, Washington County,
Virginia
Filed


TRUST BUSINESS

01/30/98 United Bank
Arlington, VA
3801 Wilson Boulevard
Arlington County, Virginia
Withdrew

EFT'S


02/12/98 Crestar Bank,
Richmond, VA
Hwy 29, Sweetbriar, Amherst
County, Virginia
Filed

SECTION II

APPLICATIONS OF NATIONAL BANKS
DATE INSTITUTION LOCATION ACTIVITY
01/28/98 The National Bank of Blacksburg, Blacksburg, VA to purchase a branch of
First American Federal Savings Bank at 506 E. Stuart Drive, Galax, VA
Filed
02/05/98 Powell Valley National Bank, Jonesville, VA to purchase a branch of
First American Federal Savings Bank at 211 E. 5th Street, Big Stone Gap, VA
Filed
 
 
 
 
 

APPLICATION OF NATIONAL BANK (cont.)

BRANCHES


DATE INSTITUTION LOCATION ACTIVITY
01/31/98 Central Fidelity National Bank
Richmond, VA
853 Chimney Hills Shopping Center
Virginia Beach, Virginia
Closed
02/03/98 First Century Bank, N.A.
Bluefield, VA
427 Virginia Avenue
Bluefield, VA
Opened

NO OTHER APPLICATIONS RECEIVED