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

December 23, 1999 Vol. XI - No. 50

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
December 23, 1999 - Vol. XI - No. 50

SECTION I
 
NEW BANK

DATE DESCRIPTION ACTIVITY

12/13/99

Southern Community Bank & Trust to begin business as a bank at 13531 Midlothian Turnpike, Midlothian, Chesterfield County, VA

Opened

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

12/21/99

F & M National Corporation of Winchester, Virginia to acquire all the voting shares of The State Bank of the Alleghenies of Covington, VA

Approved
  
BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY

12/06/99

Crestar Bank
Richmond, VA

3507 W. Cary Street,
City of Richmond, VA

Closed

12/08/99

Crestar Bank
Richmond, VA

1122 George Washington Highway,
City of Chesapeake, VA

Closed

12/16/99

Benchmark Community Bank
Kenbridge, VA

247 N. Main Street, Chase City
Mecklenburg County, VA

Opened

12/20/99

F&M Bank  - Winchester
Winchester, VA

432 South Street, Front Royal
Warren County, VA

Opened

BRANCH RELOCATION

12/23/99

Crestar Bank
Richmond, VA

From: 101 East Main Street,
To: 100 Block of North Madison Road
both in Orange, Orange County, VA

Approved

BRANCH OF OUT OF STATE BANK

12/08/99

Provident Bank of Maryland
Baltimore, MD

6360 Seven Corners Center,
Fairfax County, VA

Opened

CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION
PURSUANT TO SECTION 6.1-225.23 OF THE VIRGINIA CODE

DATE

DESCRIPTION ACTIVITY

12/03/99

Virginia United Methodist Conference Credit Union, Inc., Richmond, Virginia, requests to
change its field of membership to a single group united by the "common bond of association among those who belong to the Virginia Annual Conference of The United Methodist Church." Individuals or groups that "belong" to the Conference must report "annually to the Conference, directly or through elected representatives, and (provide) for the publication of such reports in the Journal of the Annual Conference." (Estimated potential membership increases from about 6,000 to about 220,000.)

Filed

SECTION II

APPLICATIONS OF NATIONAL BANKS

None Reported

NO OTHER APPLICATIONS RECEIVED