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 20, 1999 Vol. XI - No. 33

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 20, 1999 - Vol. XI - No. 33

SECTION I

MERGER
DATE DESCRIPTION ACTIVITY
08/12/99
VA under the charter of The Bank of Franklin and the title of United Community Bank
The Bank of Franklin, Franklin, VA to merge into it The Bank of Sussex and Surry, Wakefield, Approved
 
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
03/22/99 New Peoples Bank, Inc.
Honaker, VA
102 Miners Drive,
Castlewood, Russell County, VA
Opened
08/02/99 Crestar Bank
Richmond, VA
210 Virginia Avenue, Bridgewater,
Rockingham County, VA
Opened
08/10/99 Crestar Bank
Richmond, VA
7951 Brook Road,
Henrico County, VA
Closed
08/11/99 Crestar Bank
Richmond, VA
3322 Holland Road,
City of Virginia Beach, VA
Closed
08/12/99 Crestar Bank
Richmond, VA
12201 S. Chalkley Road,
Chester, Chesterfield County, VA
Closed
08/12/99 Peoples Community Bank
Montross, VA
State Route 3, one-third mile west of State
Route 206, King George County, VA
Approved
08/16/99 Metro-County Bank of Virginia, Inc.
Mechanicsville, VA
6401 Horsepen Road,
Henrico County, VA
Filed
 
EFT

07/28/99 Crestar Bank
Richmond, VA
444 Western Maryland Drive
Westminster, MD
Opened

BRANCH RELOCATION

08/13/99
Miners and Merchants Bank and Trust Company
Grundy, VA
From: 1905 Front Street
To: 1425 Second Street
both in Richlands, Tazewell County, VA
Approved
CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION PURSUANT TO
SECTION 6.1-225.23:1 OF THE CODE OF VIRGINIA
DATE DESCRIPTION ACTIVITY
08/18/99 Virginia League Central Credit Union, Incorporated, Lynchburg, Virginia, requests permission
to expand its field of membership to include students at Randolph-Macon
Woman's College, Lynchburg, Virginia (currently 750 students)
Filed
08/18/99 Virginia League Central Credit Union, Incorporated, Lynchburg, Virginia, requests permission
to expand its field of membership to include employees of Consolidated Shoe Co.,
Lynchburg, Virginia (currently 115 employees)
Filed

 
 
NO OTHER APPLICATIONS RECEIVED