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

  August 11, 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
August 11, 2000

SECTION I

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

DATE
DESCRIPTION
ACTIVITY
07-01-2000 BOE Financial Services of Virginia, Inc. to acquire 100 percent of the voting stock of Bank of Essex, Tappahannock, VA Effective

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
07-29-2000 Bank of the Commonwealth
Norfolk, VA
Las Gaviotas Shopping Center,
1217 Cedar Road,
City of Chesapeake, VA
Opened
07-31-2000 Bank of Tazewell County
Tazewell, VA
1108 Tazewell Avenue,
Tazewell, Tazewell County, VA
Closed
08-08-2000

The Bank of Marion
Marion, VA

787 Fort Chiswell Road, Suite 7, Max Meadows
Wythe County, VA
Approved
08-10-2000 Bank of Lancaster
Kilmarnock, VA
Route 360, Heathsville,
Northumberland County, VA
Approved
    Routes 202 and 360, Callao,
Northumberland County, VA
Approved

REDESIGNATIONS OF MAIN OFFICES

08-10-2000 Branch Banking and Trust Company of Virginia From: 109 E. Main Street,
City of Norfolk, VA
To: 823 E. Main Street,
City of Richmond, VA
No Objection

BRANCHES OF OUT-OF-STATE BANKS


08-02-2000 SequoiaBank
Bethesda, MD
45975 Nokes Boulevard,
Sterling, VA
Filed
08-07-2000 First-Citizens Bank & Trust Company
Raleigh, NC
2012 Wards Road
City of Lynchburg, VA
No Objection

SECTION II
APPLICATIONS OF NATIONAL BANKS

NEW BANKS

07-24-2000 Smith River Community Bank, N.A.
Martinsville, VA
730 East Church Street, Suite 12,
Martinsville, VA
Effective

BRANCHES

07-24-2000 First Union National Bank
Charlotte, NC
Vicinity of 4881 Cox Road
Glen Allen, VA
Approved
07-28-2000 American National Bank and Trust Company
Danville, VA
3229 Halifax Road
South Boston, VA
Filed

PURCHASES AND ASSUMPTIONS

DATE
DESCRIPTION
ACTIVITY
07-26-2000 Century National Bank, Washington, DC to purchase a branch of Sandy Spring National Bank, Olney, MD located at 1430 Spring Hill Road, Suite 105, McLean, Virginia Filed

NO OTHER APPLICATIONS RECEIVED