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
August 13, 1999 Vol. XI - No. 32

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, credit unions, 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 15 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
August 13, 1999 - Vol. XI - No. 32

SECTION I
NEW BANK
DATE DESCRIPTION ACTIVITY
08/12/99 Community First Bank to begin banking business at 306 Gristmill Drive, Unit A, Forest,
Bedford County, VA		 Approved
BRANCHES OF VIRGINIA BANKS
DATE INSTITUTION LOCATION ACTIVITY
08/06/99 Benchmark Community Bank
Kenbridge, VA		 403 East Virginia Avenue,
Suite E, Clarksville,
Mecklenburg County, VA		 Approved


313 N. Main Street, Lawrenceville,
Brunswick County, VA		 Approved
08/06/99 Citizens and Farmers Bank
West Point, VA 		1100 Jamestown Road, Approved
City of Williamsburg, VA
08/06/99 The Blue Grass Valley Bank
Blue Grass, VA		 East Main Street, two blocks from its
intersection with U.S. Route 220,
Monterey, Highland County, VA		 Filed
08/06/99 Resource Bank
Virginia Beach, VA		 735 Thimble Shoals Boulevard, Suite 170,
City of Newport News, VA		 Filed
08/09/99 Southside Bank
Tappahannock, VA		 Food Lion Shopping Center,
New Kent Crossings, State Route 249,
Quinton, New Kent County, VA		 Filed
08/11/99 Farmers and Miners Bank
Pennington Gap, VA		 the north side of State Route 83, 500 yards
west of the intersection with Brush Creek
Road, Clintwood, Dickenson County, VA		 Approved
BRANCH RELOCATIONS
DATE INSTITUTION LOCATION ACTIVITY
08/09/99 Branch Banking and Trust Company of Virginia
Norfolk, VA		 From: 8209 West Broad Street
To: 3214 Skipwith Road
both in Henrico County, VA		 Filed


From: 830 East Main Street
To: 823 East Main Street
both in the City of Richmond, VA 		Filed

 
 
 CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION PURSUANT TO
SECTION 6.1-225.23:1 OF THE CODE OF VIRGINIA
DATE DESCRIPTION ACTIVITY
08/09/99 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership
membership to include employees of Capps Shoe Company, Gretna, VA (currently 140
employees)		 Filed
08/09/99 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership
to include employees of Commonwealth Home Health Center, Danville, VA (currently 85
employees)		 Filed
08/09/99 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership
to include employees of Fire Sprinkler Limited, Chatham, VA (currently 25 employees)		 Filed
08/09/99 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership
to include employees of Menasha Corporation, Danville, VA (currently 105 employees)		 Filed
08/09/99 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership
to include employees of Shorewood Packaging Corporation of Virginia, Danville, VA
(currently 170 employees)		 Filed
08/11/99 Virginia Credit Union, Inc., Richmond, VA, requests permission to expand its field of
membership to include employees of IPC Technologies, Inc., Richmond, VA (currently 300
employees)		 Approved
08/11/99 New Horizon CU, Manassas, VA, requests permission to expand its field of membership to
include employees of Universal Systems, Incorporated, Chantilly, VA (currently 461
employees)		 Approved

SECTION II
APPLICATIONS OF NATIONAL BANKS

NEW BANK
DATE INSTITUTION LOCATION ACTIVITY
08/04/99 Smith River Community Bank, N.A.
Martinsville, VA		 730 East Church Street, Suite 12,
Martinsville, VA		 Approved
NAME CHANGE
DATE DESCRIPTION ACTIVITY
08/09/99 NationsBank National Association, Charlotte, NC changed its name to Bank of America,
National Association		 Effective

NO OTHER APPLICATIONS RECEIVED