|
E.J. FACE, JR. |
STATE CORPORATION COMMISSION BUREAU OF FINANCIAL INSTITUTIONS |
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| November 3, 2000 |
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:
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 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:
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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.
SECTION I
NEW BANKS
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DATE
|
DESCRIPTION
|
ACTIVITY
|
|
| 10-31-00 | Marathon Merger Bank (Phantom) to commence banking business at 110 University Boulevard, City of Harrisonburg, VA | Approved | |
| 11-02-00 | Fredericksburg State Bank, Fredericksburg, VA to commence banking business at 400 George Street, City of Fredericksburg, VA upon the conversion of Fredericksburg Savings Bank, a federal savings institution, into a state chartered bank | Approved | |
MERGERS
| 10-31-00 | Rockingham Heritage Bank, Harrisonburg, VA to merge into it Marathon Merger Bank, Harrisonburg, VA | Approved | |
APPLICATIONS FILED PURSUANT TO SECTION
6.1-383.1 OF THE CODE OF VIRGINIA
| 10-31-00 | Marathon Financial Corporation, Winchester, VA to acquire all the voting shares of Rockingham Heritage Bank of Harrisonburg, VA | Approved | |
| 11-02-00 | Virginia Capital Bancshares, Inc., Fredericksburg, VA to acquire Fredericksburg State Bank, Fredericksburg, VA | Approved | |
BRANCHES OF VIRGINIA BANKS
| DATE | INSTITUTION | LOCATION |
ACTIVITY
|
| 10-24-00 | Burke & Herbert Bank & Trust Company Alexandria, VA |
6200 Backlick Road Springfield, Fairfax County, VA |
Opened |
| 10-26-00 | Monarch Bank Chesapeake, VA |
2700 Virginia Beach Boulevard City of Virginia Beach, VA |
Approved |
| 10-27-00 | New Peoples Bank, Inc Honaker, VA |
685 East Main Street Lebanon, Russell County, VA |
Approved |
| 10-30-00 | Rockingham Heritage Bank Harrisonburg, VA |
1406 Greenville Avenue Augusta County, VA |
Approved |
| 10-30-00 | Community Bank of Northern Virginia Sterling, VA | 5955 Kingstowne Towne Center Springfield, Fairfax County, VA |
Approved |
| 10-31-00 | First Capital Bank Glen Allen, VA |
113 Junction Drive Ashland, Hanover County, VA |
Approved |
| 10-31-00 | Pioneer Bank Stanley, VA |
8315 Spotswood Trail Stanardsville, Greene County, VA |
Filed |
| 11-01-00 | Capital One Bank Richmond, VA |
2 First Canadian Place 130 King Street West, 18th Floor Toronto, Ontario, Canada |
Approved |
| 11-02-00 | Bank of Northumberland Heathsville, VA |
437 North Main Street Kilmarnock, Lancaster County, VA |
Filed |
BRANCH RELOCATIONS
| 10-31-00 | Rockingham Heritage Bank Harrisonburg, VA |
From: 51 Franklin Street To: 54 Franklin Street, Suite 102 both in Weyers Cave, Augusta County, VA |
Approved |
NAME CHANGES
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DATE
|
DESCRIPTION
|
ACTIVITY
|
|
| 10-16-00 | Heritage Bank changed its name to Cardinal Bank-Potomac | Effective | |
| 11-01-00 | F & M Bank-Emporia changed its name to F&M Bank-Southern Virginia | Effective | |
BRANCHES OF OUT-OF-STATE BANKS
| DATE | INSTITUTION | LOCATION |
ACTIVITY
|
| 10-30-00 | First-Citizens Bank & Trust Company Raleigh, NC |
239 North Central Avenue City of Staunton, VA |
Filed |
| 5005 Lee Highway Verona, Augusta County, VA |
Filed |
CREDIT UNION REQUESTS FOR FIELD OF MEMBERSHIP EXPANSION
PURSUANT TO SECTION 6.1-225.23:1 CODE OF VIRGINIA
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DATE
|
DESCRIPTION
|
ACTIVITY
|
|
| 10-23-00 | Valley Industrial Credit Union, Waynesboro, VA requests permission to expand its field of membership to include employees of METFAB International, Inc. Waynesboro, VA (currently 32 employees) | Filed | |
| 10-23-00 | Valley Industrial Credit Union, Waynesboro, VA, requests permission to expand its field of membership to include employees of Blue Ridge Motors, Inc. Waynesboro, VA (currently 3 employees) | Filed | |
| 10-26-00 | Chesapeake Public School Employee's Credit Union, Inc., Chesapeake, VA, requests permission to expand its field of membership to include the Chesapeake Council of Parent Teacher Associations (currently 2,500 members) | Approved | |
SECTION II
APPLICATIONS OF NATIONAL BANKS
PURCHASES AND ASSUMPTIONS
|
DATE
|
DESCRIPTION
|
ACTIVITY
|
|
| 10-16-00 | Cardinal Bank - Dulles, National Association, Reston, VA to purchase a branch of The Heritage Bank, McLean, VA located at 46005 Regal Plaza, Suite 180, Sterling, VA | Effective | |
NO OTHER APPLICATIONS RECEIVED