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

  October 20, 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
October 20, 2000

SECTION I

MERGERS

DATE
DESCRIPTION
ACTIVITY
10-18-2000 Peninsula Trust Bank, Incorporated, Gloucester, VA to merge into it United Community Bank, Franklin, VA under the charter of Peninsula Trust Bank, Incorporated and title of F & M Bank - Atlantic Approved

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

10-19-2000 BB&T Corporation, Winston-Salem, NC to acquire BankFirst Corporation, Knoxville, TN Approved

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
10-06-2000 Towne Bank
Portsmouth, VA
4216 Virginia Beach Boulevard, Suite 180
City of Virginia Beach, VA
Opened
10-10-2000 Prosperity Bank & Trust Company
Springfield, VA
6050 A Burke Commons Road
Burke, Fairfax County, VA
Opened
10-12-2000 Bank of Clarke County
Winchester, VA
190 Campus Boulevard, Suite 120
City of Winchester, VA
Opened
10-16-2000 The Bank of Southside Virginia
Carson, VA
115 Main Street
Smithfield, Isle of Wight County, VA
Filed
    14003 Boydton Plank Road
Dinwiddie County, VA
Filed
10-18-2000 Bank of Botetourt
Buchanan, VA
Unit 130, Stonewall Square Shopping Center
U.S. Route 60, Rockbridge County, VA
Approved
10-19-2000 Towne Bank
Portsmouth, VA
2101 Parks Avenue, Suite 100
City of Virginia Beach, VA
Filed

BRANCH RELOCATIONS

10-16-2000 F&M Bank - Winchester
Winchester, VA
From: 509 A Amherst Street
To: 1800 Amherst Street
both in the City of Winchester, VA
Effective
10-17-2000 Branch Banking and Trust Company of Virginia
Richmond, VA
From: 105 N. Main Street
To: 102 North Second Avenue
both in the City of Hopewell, VA
Approved

BRANCHES OF OUT-OF-STATE BANKS

10-04-2000 Greene County Bank
Greenville, TN
17510 Lee Highway
Abingdon, VA
Filed
10-16-2000 First-Citizens Bank & Trust Company
Raleigh, NC
305-7 East Main Street
Warren, Front Royal, VA
No Objection

NAME CHANGES

DATE
DESCRIPTION
ACTIVITY
10-01-2000 The Community Bank, Petersburg, VA changed its name to Commerce Bank Effective


CREDIT UNION SERVICE FACILITIES

DATE INSTITUTION LOCATION
ACTIVITY
09-30-2000 Richmond Postal Credit Union
Richmond, VA
29 Franklin Street,
Richmond, VA 23804
Closed
10-18-2000 Virginia Credit Union, Inc.
Richmond, VA
456 Charles Dimmock Parkway, Suite 1
Colonial Heights, VA 23834
Approved

CREDIT UNION MAIN OFFICE RELOCATIONS

09-01-2000 W.P.S.E. Credit Union, Inc.
Waynesboro, VA
From: 301 Pine Avenue
To: 250-E North Poplar Avenue
Waynesboro, VA 22980
Effective

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

DATE
DESCRIPTION
ACTIVITY
10-11-2000 Virginia Credit Union, Incorporated, Richmond, VA requests permission to expand its field of membership to include employees of Mars Music (Richmond employees only), Richmond, VA (currently 40 employees) Filed
10-11-2000 Virginia Credit Union, Incorporated, Richmond, VA requests permission to expand its field of membership to include employees of Southern Health Services, Inc., Richmond, VA (currently 79 employees) Filed


SECTION II

APPLICATIONS OF NATIONAL BANKS

BRANCHES

DATE INSTITUTION LOCATION
ACTIVITY
10-02-2000 National Bank of Commerce
Memphis, TN
3419 Orange Avenue, N.E.
Roanoke, VA
Opened

RELOCATIONS

10-04-2000 Wachovia Bank, N.A.
Winston-Salem, NC
From: Third & Broad Streets
To: 122 East Grace Street
both in Richmond, VA
Filed


NO OTHER APPLICATIONS RECEIVED