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 16, 1999 Vol. XI - No. 15

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 16, 1999 - Vol. XI - No. 15

SECTION I

NEW BANK

DATE DESCRIPTION ACTIVITY
04/14/99 Monarch Bank to begin banking business at 750 Volvo Parkway, City of Chesapeake,
VA
Opened
MERGERS

04/12/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
Bank of Ferrum, Ferrum, VA
Filed
04/12/99
Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
Piedmont Trust Bank, Martinsville, VA
Filed
04/12/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
MainStreet Bank (Central Virginia), Richmond, VA
Filed
04/12/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
Bank of Carroll, Hillsville, VA
Filed
04/12/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
First Community Bank of Saltville, Saltville, VA
Filed
04/13/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
The First Bank of Stuart, Stuart, VA
Filed
04/13/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
The First National Bank of Clifton Forge, Clifton Forge, VA
Filed
04/14/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
MainStreet Trust Company, N.A., Martinsville, VA
Filed
04/14/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
The Bank of Northern Virginia, Arlington, VA
Filed
04/14/99 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it
Tysons National Bank, McLean, VA
Filed
APPLICATION FILED PURSUANT TO SECTION 6.1-383.1 OF THE VIRGINIA CODE
04/01/99 Millennium Bankshares Corporation to acquire Millennium Bank N.A., Reston, VA Effective
 
 
 
 
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
04/07/99 Second Bank & Trust
Culpeper, VA
134-136 West Main Street, Orange
Orange County, VA
Opened
04/12/99 Rockingham Heritage Bank
Harrisonburg, VA
51 Franklin Street, Weyers Cave
Augusta County, VA
Opened
04/12/99 Community Bank of Northern Virginia
Sterling, VA
Borders Plaza Center, State Route 7
and Palisades Parkway, Sterling,
Loudoun County, VA
Approved
04/12/99 Virginia Commerce Bank
Arlington, VA
506 King Street
City of Alexandria, VA
Filed
04/12/99 The Middleburg Bank
Middleburg, VA
4 South King Street
Leesburg, Loudoun County, VA
Approved

 
On March 31, 1999 Crestar Bank closed the following branch offices: (1) 6845 Midlothian Turnpike, City of Richmond, VA; (2) 23400 Frederick Road, Clarksburg, MD; (3) 1025 Herndon Parkway, Herndon, Fairfax County, VA; (4) 6640 W. Crain Highway, LaPlata, MD; (5) 1708 Old Bridge Road, Woodbridge, Prince William County, VA; (6) 6501 Sheriff Road, Landover, MD and 1550 Wilson Boulevard, Arlington County, VA
BRANCH RELOCATIONS
DATE INSTITUTION LOCATION ACTIVITY
04/09/99 F & M Bank-Richmond
Richmond, VA
From: 4310 West Hundred Road
To: 11900 Chester Village Drive
both in Chester, Chesterfield County, VA
Filed
04/12/99 Branch Banking & Trust Company
of Virginia
Norfolk, VA
From: 728 W. 21st Street
To: 537 W. 21st Street
both in the City of Norfolk, VA
Approved
04/15/99 Crestar Bank
Richmond, VA
From: 2 W. Rolling Crossroads, Suite 110
To: Rolling Road and Johnnycake Road
both in Catonsville, MD
Filed
NAME CHANGE

DATE DESCRIPTION ACTIVITY
04/01/99 Farmers & Merchants Bank of Stanley changed its name to Pioneer Bank Effective
 
 
TRUST COMPANY BRANCH

DATE INSTITUTION LOCATION ACTIVITY
03/11/99 The Trust Company of Virginia
Richmond, VA
Colonial Arms Building
204 South Jefferson Street
City of Roanoke, VA
Approved
OUT OF STATE BANK BRANCH
DATE INSTITUTION LOCATION ACTIVITY
04/14/99 First-Citizens Bank & Trust Company
Raleigh, NC
Southwest quadrant of Highway 58
and Cranberry Road, Grayson County,VA
Filed

SECTION II
APPLICATIONS OF NATIONAL BANKS
BRANCHES

On March 29, 1999 First Union National Bank, Charlotte, NC closed the following branch locations: (1) 3124 West Broad Street, Richmond, VA; (2) 2821 Shore Drive, Virginia Beach, VA; (3) 3201 High Street, Portsmouth, VA; (4) 5205 Leesburg Pike, Falls Church, VA and (5) 10697 Braddock Road, Fairfax, VA.


NO OTHER APPLICATIONS RECEIVED