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 26, 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 26, 2000

SECTION I

NEW BANKS



DATE INSTITUTION LOCATION ACTIVITY
05-22-2000 Hanover Bank
Mechanicsville, VA
8071 Mechanicsville Turnpike,
Mechanicsville, Hanover County, VA
Opened

MERGERS
DATE
DESCRIPTION
ACTIVITY
05-22-2000 Bank of Suffolk, Suffolk, VA to merge into it James River Bank/Colonial, Smithfield, VA under the charter of Bank of Suffolk and title of James River Bank/Colonial Filed

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
05-19-2000 Potomac Bank of Virginia
Vienna, VA
8501 Arlington Boulevard,
Fairfax County, VA
Filed
05-19-2000 First Virginia Bank-Colonial
Richmond, VA
1900 Lauderdale Drive,
Henrico County, VA
Filed
05-19-2000 Bank of the Commonwealth
Norfolk, VA
Webb University Center,
Old Dominion University,
5201 Hampton Boulevard,
City of Norfolk, VA
Filed
05-19-2000 Towne Bank
Portsmouth, VA
6201 Portsmouth Boulevard,
City of Portsmouth, VA
Filed
05-19-2000 F & M Bank-Central Virginia
Charlottesville, VA
2 North Main Street, Chatham
Pittsylvania County, VA
Filed
    148 Tightsqueeze Plaza, Chatham,
Pittsylvania County, VA
Filed
    202 South Main Street, Gordonsville,
Orange County, VA
Filed
    223 Mineral Avenue, Mineral,
Louisa County, VA
Filed
    U.S. Route 15 & Route 601, Palmyra,
Fluvanna County, VA
Filed
    State Road 15, Fork Union,
Fluvanna County, VA
Filed
05-22-2000 F & M Bank-Emporia
Emporia, VA
200 South Main Street, Blackstone,
Nottoway County, VA
Filed
    300 East 2nd Avenue,
City of Franklin, VA
Filed
    204 South Broad Street, Kenbridge,
Lunenburg County, VA
Filed
    4677 Main Street, Drakes Branch,
Charlotte County, VA
Filed
05-23-2000 The Bank of Southside Virginia
Carson, VA

4310 W. Hundred Road, Chester,
Chesterfield County, VA

Approved
05-23-2000 Branch Banking and Trust Company of Virginia Norfolk, VA 3310 South Crater Road,
City of Petersburg, VA
Filed
05-24-2000 James River Bank
Waverly, VA
524 North Main Street,
City of Emporia, VA
Filed

BRANCHES OF OUT-OF-STATE BANKS

05-23-2000 First-Citizens Bank & Trust Company
Raleigh, NC
8433 Timberlake Road,
City of Lynchburg, VA
Filed

CREDIT UNION SERVICE FACILITIES

05-18-2000 Martinsville Du Pont Employees,
Credit Union, Incorporated
Martinsville, VA
58 E. Church Street,
Martinsville, VA
Filed

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

DATE
DESCRIPTION
ACTIVITY
05-19-2000 Newport News Shipbuilding Employees' Credit Union, Inc., Newport News, Virginia, requests permission to expand its field of membership to include employees of Kelly Engineering Resources, Newport News, Virginia (currently 250 employees) Filed
05-19-2000 Piedmont Credit Union, Danville, Virginia, requests permission to expand its field of membership to include employees of Virginia-Carolina Paving Company, South Boston, Virginia (currently 75 employees) Filed
05-19-2000 Piedmont Credit Union, Danville, Virginia, requests permission to expand its field of membership to include employees of Doves, Inc., Danville, Virginia (currently 25 employees) Filed
05-19-2000 Piedmont Credit Union, Danville, Virginia, requests permission to expand its field of membership to include employees of Dan Valley Foods, Danville, Virginia (currently 55 employees) Filed
05-23-2000 Fort Monroe Credit Union, Incorporated, Fort Monroe, Virginia, requests permission to expand its field of membership to include employees of CTR Corporation, Newport News, Virginia (currently 30 employees) Denied


SECTION II

APPLICATIONS OF NATIONAL BANKS

NONE REPORTED

NO OTHER APPLICATIONS RECEIVED