E.J. FACE, JR.
COMMISSIONER OF
FINANCIAL INSTITUTIONS



STATE CORPORATION COMMISSION
BUREAU OF FINANCIAL INSTITUTIONS


1300 EAST MAIN STREET
SUITE EIGHT HUNDRED
P.O. BOX 640
RICHMOND, VIRGINIA 23218-0640
(804) 371-9657
FAX (804) 371-9416
TDD (804) 371-9206
www.state.va.us/scc



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

  May 12, 2000

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
May 12, 2000

SECTION I


APPLICATIONS FILED PURSUANT TO SECTION 6.1-406 OF THE CODE OF VIRGINIA
DATE
DESCRIPTION
ACTIVITY
05-05-2000 Mercantile Bankshares Corporation, Baltimore, MD to acquire The Union National Bank of Westminster, Westminster, MD Approved

APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE CODE OF VIRGINIA
05-10-2000 BOE Financial Services of Virginia, Inc. to acquire 100 percent of the voting stock of Bank of Essex, Tappahannock, VA Approved

BRANCHES OF VIRGINIA BANKS


DATE INSTITUTION LOCATION ACTIVITY
05-01-2000 First State Bank
Danville, VA
445 Mount Cross Road,
City of Danville, VA
Opened
05-08-2000 New Peoples Bank
Honaker, VA
402 Main Street,
Haysi, VA
Opened
05-10-2000 Bank of Tazewell County
Tazewell, VA
1905 Front Street, Richlands,
Tazewell County, VA
Filed

RELOCATIONS

05-08-2000 Benchmark Community Bank
Kenbridge, VA
From: 313 N. Main Street,
To: 220 W. Fifth Avenue
both in Lawrenceville, Brunswick County, VA
Filed

OUT-OF-STATE BANK BRANCHES

05-08-2000 Provident Bank of Maryland
Baltimore, MD
47100 Community Plaza, Sterling
Loudoun County, VA
No Objection
    6200 A Little River Turnpike,
City of Alexandria, VA
No Objection
    1320 Carl D Silver Parkway,
City of Fredericksburg, VA
No Objection

CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION
PURSUANT TO SECTION 6.1-225.23:1 OF THE CODE OF VIRGINIA

DATE
DESCRIPTION
ACTIVITY
05-05-2000 New Horizon Credit Union, Manassas, VA, requests permission to expand its field of membership to include employees of Bowman Consulting Group, Chantilly, VA (currently 120 employees) Filed

SECTION II
APPLICATIONS OF NATIONAL BANKS

BRANCHES

DATE INSTITUTION LOCATION ACTIVITY
04-28-2000 Patriot Bank, National Association
Fredericksburg, VA
8402 Sudley Road
Manassas, VA
Opened
04-29-2000 The National Bank of Fredericksburg
Fredericksburg, VA
1225 Jefferson Davis Highway
Fredericksburg VA
Closed

On April 14, 2000, Wachovia Bank, N.A. closed 10 offices located at (1) 2300 South Pleasant Valley Road, Winchester, VA (2) 12000 Iron Bridge Road, Chester, VA; (3) 671 Southpark Boulevard, Colonial Heights, VA; (4) 1800 Peery Drive, Farmville, VA; (5) 3551 Halifax Road, South Boston, VA; (6) 1001 Virginia Avenue, Martinsville, VA (7) 3900 Wards Road, Lynchburg, VA; (8) 1028C Richmond Avenue, Staunton, VA; (9) 4807 Valley View Boulevard, N.W., Roanoke, VA; (10) 2400 North Franklin Street, Christiansburg, VA

NO OTHER APPLICATIONS RECEIVED