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 27, 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 27, 2000

SECTION I

MERGERS

DATE
DESCRIPTION
ACTIVITY
10-20-2000 Peninsula Trust Bank, Incorporated to merge into it United Community Bank under the charter of Peninsula Trust Bank, Incorporated and the title of F & M Bank - Atlantic Effective

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

10-23-2000 F & M National Corporation, Winchester, VA to acquire 100 percent of the voting stock of Atlantic Financial Corp., Newport News, VA Filed

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
10-13-2000 F&M Bank - Winchester
Winchester, VA
124 West Piccadilly Street
City of Winchester, VA
Closed
10-13-2000 First Virginia Bank
Falls Church, VA
13881-G Metrotech Drive
Chantilly, Fairfax County, VA
Closed
10-17-2000 First Virginia Bank
Falls Church, VA
7681 Linton Hall Road
Gainesville, Prince William County, VA
Opened
10-26-2000 Monarch Bank
Chesapeake, VA
2700 Virginia Beach Boulevard
City of Virginia Beach, VA
Filed

BRANCHES OF OUT-OF-STATE BANKS

10-24-2000 SunTrust Bank
Atlanta, GA
15 Spradlin Farm Drive
Christiansburg, Montgomery County, VA
No Objection

CREDIT UNION SERVICE FACILITIES

10-20-2000 Newport News Shipbuilding
Employees' Credit Union
Newport News, VA
500 West Park Lane
Hampton, VA 23666
Filed
    4215 Marshall Avenue
Newport News, VA 23607
Filed
    230 41st Street
Newport News, VA 23607
Filed
    2900 Washington Avenue
Newport News, VA 23607
Filed
    2700 Huntington Avenue
Newport News, VA 23607
Filed
    4101 Washington Avenue
Newport News, VA 23607
Filed
    35th Street Gate, 4101 Washington Avenue
Newport News, VA 23607
Filed

SECTION II
APPLICATIONS OF NATIONAL BANKS

BRANCHES

DATE INSTITUTION LOCATION
ACTIVITY
10-12-2000 Smith River Community Bank, N.A
Martinsville, VA
380 Riverside Drive
Bassett, VA
Approved

PURCHASES AND ASSUMPTIONS

DATE
DESCRIPTION
ACTIVITY
10-10-2000 Cardinal Bank - Dulles, N.A., Reston, VA to purchase a branch of The Heritage Bank located at 46005 Regal Plaza, Suite 180, Sterling, VA Approved
10-10-2000 The National Bank of Blacksburg, Blacksburg, VA to purchase three branches of AmSouth Bank, Birmingham, AL located at (1) 2001 Norwood Street, Radford, VA; (2) 348 Broad Street, Dublin, VA; and (3) 250 North Washington Avenue, Pulaski, VA Approved

NO OTHER APPLICATIONS RECEIVED