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

  July 28, 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
July 28, 2000

SECTION I


BRANCHES OF VIRGINIA BANKS


DATE INSTITUTION LOCATION ACTIVITY
07-21-2000 Harbor Bank
Newport News, VA
762 J. Clyde Morris Boulevard,
City of Newport News, VA
Filed
07-26-2000 Bank of the James
Lynchburg, VA
5204 Fort Avenue,
City of Lynchburg, VA
Filed

MAIN OFFICE RELOCATIONS

07-24-2000 Community First Bank
Forest, VA
From: 306 Gristmill Drive, Unit A,
Forest, Bedford County, VA
To: 1646 Graves Mill Road,
City of Lynchburg, VA
Effective

SUBSIDIARY TRUST COMPANY BRANCHES

07-24-2000 The Tredegar Trust Company
Richmond, VA
1769 Jamestown Road, Suite 202,
James City County, VA
Opened

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

DATE
DESCRIPTION
ACTIVITY
07-18-2000 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership to include employees of Virginia-Carolina Paving Company, South Boston, VA (currently 75 employees)
Denied
7-21-2000 City of Alexandria Employees' Credit Union, Inc., Alexandria, VA requests permission to expand its field of membership to include employees of Boat America Corporation, Alexandria, VA (currently 1,450 employees) Filed

SECTION II
APPLICATIONS OF NATIONAL BANKS

NEW BANKS

DATE INSTITUTION LOCATION
ACTIVITY
07-24-2000 Smith River Community Bank, N.A.
Martinsville, VA
Martinsville, VA
Opened

BRANCHES

07-24-2000 Virginia National Bank
Charlottesville, VA
102 East Main Street
Orange, VA
Filed

PURCHASES AND ASSUMPTIONS

DATE
DESCRIPTION
ACTIVITY
07-13-00 Century National Bank, Washington, DC to purchase a branch of Resource Bank, Virginia Beach, VA located at 1498 North Point Village Center, Reston, VA Approved


NO OTHER APPLICATIONS RECEIVED