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 25, 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 25, 2000

SECTION I

MERGERS

DATE
DESCRIPTION
ACTIVITY
08-21-2000 Southern Financial Bank, Warrenton, Fauquier County, VA to merge into it First Savings Bank of Virginia, Springfield, Fairfax County, VA Approved

APPLICATIONS FILED PURSUANT TO SECTION 6.1-194.87 OF THE CODE OF VIRGINIA

08-21-2000 Southern Financial Bancorp, Inc., Warrenton, Fauquier County, VA to acquire 100 percent of the voting shares of First Savings Bank of Virginia, Springfield, Fairfax County, VA Approved

APPLICATIONS FILED PURSUANT TO SECTION 6.1-406 OF THE CODE OF VIRGINIA

08-24-2000 Mercantile Bankshares Corporation, Baltimore, MD to acquire The Bank of Fruitland, Fruitland, Maryland Approved

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
08-18-2000 Bank of Tazewell County
Tazewell, VA
1905 Front Street,
Richlands, Tazewell County, VA
Opened
08-21-2000 Bank of the James
Lynchburg, VA
5204 Fort Avenue,
City of Lynchburg, VA
Approved

BRANCH RELOCATIONS

08-21-2000 The Peoples Bank
Ewing, VA
From: Four Main Street
To: 200 Main Street,
both in Rose Hill, Lee County, VA
Effective

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

DATE
DESCRIPTION
ACTIVITY
08-18-2000 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) Approved
08-22-2000 Fort Monroe Credit Union, Fort Monroe, VA, requests permission to expand its field of membership to include employees of CTR Corporation, Newport News, VA (currently 30 employees) Approved


SECTION II

APPLICATIONS OF NATIONAL BANKS

NONE REPORTED

NO OTHER APPLICATIONS RECEIVED