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

April 9, 1999 Vol. XI - No. 14

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
April 9, 1999 - Vol. XI - No. 14

SECTION I
NEW BANK
DATE DESCRIPTION ACTIVITY
04/08/99 TowneBank, Portsmouth, VA to commence banking business at 5800 High Street,
City of Portsmouth, VA and to establish branches at 1510 South Military Highway,
City of Chesapeake, VA and 984 First Colonial Road, City of Virginia Beach, VA
Effective

MERGERS

03/05/99 First Virginia Bank - Southwest, Roanoke, VA to merge into it First Virginia Bank-
Clinch Valley, Tazewell, VA
Effective
03/05/99 First Virginia Bank - Southwest, Roanoke, VA to merge into it First Virginia Bank-
Piedmont, Lynchburg, VA
Effective
03/05/99 First Virginia Bank - Southwest, Roanoke, VA to merge into it First Virginia Bank -
Franklin County, Rocky Mount, VA
Effective
03/22/99 F&M Bank-Northern Virginia, Fairfax, VA to merge into it Security Bank
Corporation, Manassas, VA
Effective
APPLICATION FILED PURSUANT TO SECTION 6.1-406 OF THE VIRGINIA CODE

04/06/99 BB&T Corporation, Winston-Salem, North Carolina to acquire First Citizens
Corporation, Newnan, GA
Filed
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
04/01/99 F&M Bank-Northern Virginia
Fairfax, VA
7900 Sudley Road
Prince William County, VA
Closed


7801 Sudley Road
Prince William County, VA
Opened
04/02/99 The Business Bank
Vienna, VA
1451 Dolley Madison Boulevard
McLean, Fairfax County, VA
Approved
04/05/99 F&M Bank-Northern Virginia
Fairfax, VA
4665 Sudley Road
Catharpin, Prince William County, VA
Opened
04/08/99 Resource Bank
Virginia Beach, VA
501 Independence Parkway, Suite 105
City of Chesapeake, VA
Filed
 
 
SECTION II
APPLICATIONS OF NATIONAL BANKS

MAIN OFFICE RELOCATION
DATE INSTITUTION LOCATION ACTIVITY
03/08/99 First Community Bank, N.A.
Tazewell, VA
From: 643 East Riverside Drive
Tazewell, VA
To: 29 College Drive
Bluefield, WV
Filed

NO OTHER APPLICATIONS RECEIVED