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
March 6, 1998 Vol. X - No. 9

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
March 6, 1998 - Vol. X - No. 9

SECTION I

NEW BANK
DATE INSTITUTION ACTIVITY
02/26/98 Shore Bank to commence banking business at 25253 Lankford Highway,
Onley, VA with the conversion of Shore Bank, a federal savings bank into a
state chartered bank		 Approved

ACQUISITION PURSUANT TO CHAPTER 3.01, ARTICLE 11 OF TITLE 6.1 OF THE VA CODE
03/01/98 BB&T Corporation, Winston-Salem, NC to acquire Life Bancorp, Inc.
Norfolk, VA		 Effective
 
APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
02/28/98 Mainstreet Bankgroup Incorporated, Martinsville, VA to acquire 100 percent
of the voting stock of Tysons Financial Corporation, McLean, VA		 Effective
APPLICATION FILED PURSUANT TO CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE
03/05/98 Mercantile Bankshares Corporation, Baltimore, Maryland to acquire Marshall
National Bank and Trust Company, Marshall, Virginia 		Approved

BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
08/18/97 Virginia Commerce Bank
Arlington, VA		 4230 John Marr Dr.
Annandale, VA		 Opened
10/04/97 Crestar Bank
Richmond, VA		 112 Halpine Road,
Rockville, MD		 Closed
11/10/97 Virginia Commerce Bank
Arlington, VA		 Cameron Station,
5140 Duke Street,
Alexandria, VA		 Opened
02/17/98 Northern Neck State Bank
Warsaw, VA		 284 N. Main Street, Kilmarnock
Lancaster County, VA		 Opened


485 Chesapeake Drive, White Stone
Lancaster County, VA


Rt. 360 Main Street, Reedville,
Northumberland County, VA


15043 Northumberland Highway,
Burgess, Northumberland County, VA
02/27/98 First Virginia Bank of Tidewater
Norfolk, VA		 4114 Lankford Highway,
U.S. Route 13, New Church
Accomack County, VA		 Closed
03/02/98 Bank of Hampton Roads
Chesapeake, VA		 4500 E. Princess Avenue Road,
City of Norfolk, VA		 Opened
03/03/98 First Capital Bank 4101 Dominion Boulevard,
Glen Allen, Henrico County, VA		 Filed

EFT'S
02/12/98 Crestar Bank,
Richmond, VA		 Hwy 29, Sweetbriar, Amherst
County, Virginia		 Approved

BRANCHES OF OUT-OF-STATE BANKS
03/03/98 Centura Bank
Rocky Mount, NC		 5237 Providence Road, Suite 975
City of Virginia Beach, VA		 Filed


5601 High Street West,
City of Portsmouth, VA		 Filed


101 Village Avenue,
York County, VA		 Filed
03/03/98 The First National Bank of Maryland
Baltimore, MD		 105 Harry F. Byrd Highway
Sterling, VA		 Filed

NAME CHANGE
DATE DESCRIPTION ACTIVITY
02/06/98 Princess Anne Bank filed Articles of Amendment to effect a name change
to CENIT Bank.		 Effective

SECTION II

APPLICATIONS OF NATIONAL BANKS

BRANCHES
DATE INSTITUTION LOCATION ACTIVITY
02/06/98 First Union National Bank
Charlotte, NC		 13350 Lankford Highway
Mappsville, VA		 Closed
02/18/98 American National Bank and
Trust Company,
Danville, VA		 13880 U.S. Highway 29,
Chatham , VA		 Approved

NO OTHER APPLICATIONS RECEIVED