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 15, 1999 Vol. XI - No. 41

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 15, 1999 - Vol. XI - No. 41

SECTION I

NEW BANKS
DATE DESCRIPTION ACTIVITY
10/12/99

Citizens Community Bank to begin banking business at 800 North Mecklenburg Avenue, South Hill, Mecklenburg County, VA

Approved
10/14/99

Community First Bank to begin banking business at 306 Gristmill Drive, Unit A, Forest, Bedford County, VA

Opened

MERGERS
10/01/99

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

Effective
10/15/99

SunTrust Bank, Atlanta, Georgia to merge into it Crestar Bank, Richmond, VA

No Objection

APPLICATIONS FILED PURSANT TO SECTION 6.1-383.1 OF THE CODE OF VIRGINIA
09/30/99

BCC Bankshares, Inc. for permission to acquire 100 percent of the voting stock of The Bank of Charlotte County, Phenix, Virginia

Effective
10/01/99

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

Effective

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
08/20/99

Planters Bank & Trust Company of Virginia
Staunton, VA

2101 Forest Avenue
City of Buena Vista, VA

Opened
   

9 Lloyd Tolley Road
Natural Bridge Station,
City of Buena Vista, VA

Opened
08/20/99

Planters Bank & Trust Company of Virginia
Staunton, VA

1197 North Lee Highway
Rockbridge County, VA

Opened
10/01/99

Crestar Bank
Richmond, VA

2749 McRae Road
Chesterfield County, VA

Opened
10/01/99

Shore Bank
Onley, VA

118 Dunne Avenue, Parksley
Accomack County, VA

Opened
10/12/99

Southside Bank
Tappahannock, VA

Pole Green Road at AMF Drive
Mechanicsville, Hanover County, VA

Approved

BRANCH RELOCATION

10/04/99

Branch Banking & Trust Co.
Norfolk, VA

From: 728 W. 21st Street
To: 537 W.21st Street
both in the City of Norfolk, VA

Opened

OUT OF STATE BANK BRANCH

10/14/99

First-Citizens Bank & Trust Company
Raleigh, NC

106 Roanoke Boulevard
City of Salem, VA

No Objection


SECTION II
APPLICATIONS OF NATIONAL BANKS

None Reported

NO OTHER APPLICATIONS RECEIVED