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

January 8, 1999 Vol. XI - No. 1

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
January 8, 1999 - Vol. XI - No. 1

SECTION I

NEW BANK

DATE DESCRIPTION ACTIVITY
12/18/98 First Capital Bank to begin banking business at 4101 Dominion Boulevard, Henrico
County, VA
Opened
12/28/98 Albemarle First Bank to begin banking business at 1265 Seminole Trail, City of
Charlottesville, VA
Opened
ACQUISITIONS PURSUANT TO CHAPTER 3.01, ARTICLE 11 OF TITLE 6.1 OF THE VA CODE

01/04/99 Centura Banks, Inc., Rocky Mount, NC to acquire First Coastal Bankshares, Inc.,
Virginia Beach, VA
Filed
MERGERS

01/07/99 First Virginia Bank-Southwest, Roanoke, VA to merge into it First Virginia Bank-
Clinch Valley, Tazewell, VA
Filed
01/07/99 First Virginia Bank-Southwest, Roanoke, VA to merge into it First Virginia Bank-
Piedmont, Lynchburg, VA
Filed
01/07/99 First Virginia Bank-Southwest, Roanoke, VA to merge into it First Virginia Bank-
Franklin County, Rocky Mount, VA
Filed
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
01/04/99 First Virginia Bank-Southwest
Roanoke, VA
1140 East Stuart Drive
City of Galax, VA
Approved
BRANCH RELOCATION

01/05/99 Branch Banking and Trust
Company of Virginia
Norfolk, VA
From: 2531 W. Hundred Road
To: 12840 Jefferson Davis Highway
both in Chester, Chesterfield County, VA
Approved
EFT'S
01/30/98 Crestar Bank
Richmond, VA
7900 West Park Drive
McLean, Fairfax County, VA
Closed
02/12/98 Crestar Bank
Richmond, VA
3551 Halifax Road
City of South Boston, VA
Closed
03/06/98 Crestar Bank
Richmond, VA
Colonial Williamsburg Visitor Center
City of Williamsburg, VA
Closed
04/15/98 Crestar Bank
Richmond, VA
High's Rocks Road
4802 Rocks Road, Pylesville, MD
Closed


2420 Whiteford Road
Whiteford, MD
Closed
05/01/98 Crestar Bank
Richmond, VA
South Campus Dining Hall
College Park, MD
Closed
 
 
On July 11, 1998 Crestar Bank, Richmond, VA closed the following EFT terminals: (1) Adele H. Stamp Student Union Building, College Park, MD, (2) Elliott Hall Dormitory, College Park, MD and (3) Byrd Stadium/Cole Field House, College Park, MD.

On December 15, 1998, Crestar Bank, Richmond, VA closed the following EFT terminals: (1) 4210 Franklin Road, City of Roanoke, VA, (2) 1455 Town Square Boulevard, City of Roanoke, VA, (3) 1413 E. Main Street, Bedford County, VA, (4) 3700 Plank Road, Fredericksburg, Spotsylvania County, VA, (5) 14050 Worth Avenue, Woodbridge, Prince William County, VA, (6) 7412 Stream Walk Lane, Manassas, Prince William County, VA, (7) 950 Edwards Ferry Road, NE, Leesburg, Loudoun County, VA, (8) 735 Southpark Boulevard, City of Colonial Heights, VA, (9) 3912 Wards Road, City of Lynchburg, VA, (10) 1995 East Market Street, City of Harrisonsburg, VA, (11) 5800 Kingstowne Boulevard, City of Alexandria, (12) 7910 Richmond Highway, City of Alexandria, VA, (13) 217 Garrisonville Road, Stafford County, VA, (14) 975 Hilton Heights Road, City of Charlottesville, VA, (15) 14000 Worth Avenue, Woodbridge, VA, (16) 970 Hilton Heights Road, City of Charlottesville, VA and (17) 45131 Columbia Place, Sterling, Loudoun County, VA.

SECTION II

APPLICATIONS OF NATIONAL BANKS
BRANCHES

DATE INSTITUTION LOCATION ACTIVITY
12/15/98 Community National Bank
South Boston, VA
234 East Atlantic Street
South Hill, VA
Filed
12/17/98 First National Bank
Christiansburg, VA
1206 South Main Street
Blacksburg, VA
Approved


NO OTHER APPLICATIONS RECEIVED