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 15, 1999 Vol. XI - No. 2

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 15, 1999 - Vol. XI - No. 2

SECTION 1

MERGER
DATE DESCRIPTION ACTIVITY
01/14/99 F&M Bank-Northern Virginia, to merge into it Security Bank Corporation,
Manassas, VA
Filed
APPLICATION FILED PURSUANT TO CHAPTER 15 OF TITLE 6.1 OF THE VIRGINIA CODE
01/15/99 South Branch Valley Bancorp, Inc., Moorefield, WV, to acquire Shenandoah Valley Approved
  National Bank, (In Organization) Winchester, VA  

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
12/30/98 Commonwealth Bank
Chesterfield, VA
707 East Main Street
City of Richmond, VA
Opened
01/04/99 Branch Banking and Trust Company
of Virginia
Norfolk, VA
1421 Prince Street
City of Alexandria, VA
Approved


6949 Commerce Street
Springfield, Fairfax County, VA
Approved


1650 Tysons Boulevard
McLean, Fairfax County, VA
Approved
01/06/99 Guaranty Bank
Park Terrace and Lauderdale Drives
The Shops at Wellesley
Charlottesville, VA  
 
Approved
01/11//99 The Bank of Hampton Roads
Chesapeake, VA
1316 North Great Neck Road
City of Virginia Beach, VA
Approved
01/11/99 Bank of Tidewater
Virginia Beach, VA
6330 Newtown Road, Suite 100
City of Norfolk, VA
Opened
01/11/99 First Virginia Bank of Tidewater
Norfolk, VA
355 Crawford Street
City of Portsmouth, VA
Opened
01/14/99 Southern Financial Bank
Warrenton, VA
10175 Hastings Drive
City of Manassas, VA
Filed
01/15/99 First Virginia Bank-Piedmont
Lynchburg, VA
515 Mt. Cross Road
City of Danville, VA
Filed
 
 
 
SECTION II
APPLICATIONS OF NATIONAL BANKS

NEW BANK

DATE INSTITUTION LOCATION ACTIVITY
01/05/99 Cardinal Bank - Manassas/Prince William,
National Association
Manassas, VA
9626 Center Street
Manassas, VA
Filed
BRANCHES

On December 30, 1998, First Union National Bank, Charlotte, NC opened four offices at the following locations: (1) 16575 Mountain Road, Montpelier, VA; (2) 500 East Plume Street, Norfolk, VA; (3) 1320 New Market Road, Richmond, VA and (4) 932 W. Market Street, Harrisonsburg, VA.


NO OTHER APPLICATIONS RECEIVED