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

October 1, 1999 Vol. XI - No. 39

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
October 1, 1999 - Vol. XI - No. 39

SECTION I
MERGERS
DATE DESCRIPTION ACTIVITY
09/18/99 The Bank of Franklin, Franklin, VA to merge into it The Bank of Sussex and Surry, Wakefield, VA under the charter of The Bank of Franklin and the title of United Community Bank Effective

09/27/99

Southern Financial Bank, Warrenton, VA to merge into it The Horizon Bank of Virginia, Merrifield, VA

Approved

APPLICATION FILED PURSANT TO SECTION 6.1-383.1 OF THE CODE OF VIRGINIA

09/27/99

Southern Financial Bancorp, Inc. Warrenton, VA to acquire 100 percent of the voting stock of The Horizon Bank of Virginia, Merrifield, VA

Approved

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
07/22/99

Bank of Hampton Roads,
Chesapeake, VA

4720 Battlefield Boulevard, South
City of Chesapeake, VA

Opened
09/15/99

First Virginia Bank-Southwest
Roanoke, VA

1140 East Stuart Drive,
City of Galax, VA

Opened
09/23/99

Crestar Bank
Richmond, VA

7373 Peppers Ferry Boulevard,
Pulaski County, VA

Filed
09/27/99

New Peoples Bank, Inc.
Honaker, VA

Main Street, Haysi,
Dickerson County, VA

Filed
09/30/99

Monarch Bank
Chesapeake, VA

601 Battlefield Boulevard, South
City of Chesapeake, VA

Filed

BRANCH RELOCATION

09/27/99

Branch Banking and Trust Company
of Virginia
Norfolk, VA

From:  201 N. Washington Highway
To:  England Street, 150 feet east of its
intersection with N. Washington Highway,
both in Ashland, Hanover County, VA
Filed
09/27/99 Crestar Bank
Richmond, VA
From: 29 W. Patrick Street
To: 2 N. Market Street
both in Frederick, MD
Filed

BRANCH OF OUT-OF-STATE BANK

09/28/99 Provident Bank of Maryland
Baltimore, MD
3801 Jefferson Davis Highway
City of Alexandria, VA
Filed


SECTION II
APPLICATIONS OF NATIONAL BANKS

None Reported

NO OTHER APPLICATIONS RECEIVED