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

  June 2, 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
June 2, 2000

SECTION I

BANK BRANCH RELOCATIONS



DATE INSTITUTION LOCATION ACTIVITY
06-01-2000 Benchmark Community Bank
Kenbridge, VA
From: 313 N. Main Street,
To: 220 W. Fifth Avenue,
both in Lawrenceville, Brunswick County, VA
Approved

BRANCHES OF OUT OF STATE BANKS

05-26-2000 Gateway Bank & Trust Co.
Elizabeth City, NC
4460 Corporation Lane,
Virginia Beach, VA
No Objection

CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION
PURSUANT TO SECTION 6.1-225.23:1 OF THE VIRGINIA CODE
DATE
DESCRIPTION
ACTIVITY
06-01-2000 The Navy Yard Credit Union, Incorporated, Portsmouth, Virginia requests permission to expand its field of membership to include persons who reside, work, worship, or attend school, combined with all businesses in certain contiguous zip codes in the Cities of Chesapeake, Portsmouth, and Suffolk, Virginia. (The Navy Yard Credit Union currently serves persons who work at the Norfolk Naval Shipyard, Portsmouth, Virginia, and various nearby small employee groups. Estimated potential membership would increase from about 35,000 currently to about 272,464.) Withdrawn

SECTION II

APPLICATIONS OF NATIONAL BANKS


BANK BRANCHES


DATE INSTITUTION LOCATION ACTIVITY
05-12-2000 Patriot Bank, National Association
Fredericksburg, VA
55 Worth Avenue,
Stafford, VA
Opened

BANK BRANCH RELOCATIONS

05-10-2000 Bank of America
National Association
From: 2030 Old Bridge Road,
         Woodbridge, VA
1708 Old Bridge Road,
         Woodbridge, VA
Filed

NO OTHER APPLICATIONS RECEIVED