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
  November 17, 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
November 17, 2000

SECTION I

MERGERS
DATE
DESCRIPTION
ACTIVITY
11-09-00 Commerce Bank, Petersburg, VA to merge into it County Bank of Chesterfield, Midlothian, VA Approved
11-09-00 Commerce Bank, Petersburg, VA to merge into it Commerce Bank of Virginia, Richmond, VA Approved
11-10-00 Branch Banking and Trust Company of Virginia, Norfolk, VA to merge into it One Valley Bank - Shenandoah, Raphine, VA and One Valley Bank - Central Virginia, National Association, Lynchburg, VA Effective

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
10-27-00 First Virginia Bank
Falls Church, VA
 4 Warsaw Road, Callao
Northumberland County, VA		 Closed
    U.S. Route 360 and State Route 634
Heathsville, Northumberland County, VA 		Closed
11-07-00 Potomac Bank of Virginia
Vienna, VA 		8501 Arlington Boulevard
Fairfax County, VA		 Opened
11-09-00 Bank of Tazewell County
Tazewell, VA		 968 West Main Street
Abingdon, Washington County, VA 		Opened
    185 East Main Street
Wytheville, Wythe County, VA 		Opened
    303 South Commerce Street
Marion, Smyth County, VA 		Opened
11-09-00 Miners and Merchants Bank and Trust Company
Grundy, VA 		28 Russell Street
St. Paul, Wise County, VA 		Approved
    16-18 Main Street
Lebanon, Russell County, VA 		Approved
11-10-00 First Virginia Bank-Hampton Roads
Norfolk, VA 		437 North Main Street
Kilmarnock, Lancaster County, VA 		Closed
11-10-00 Branch Banking and Trust Company of Virginia
Norfolk, VA 		1000 Berryville Avenue,
City of Winchester, Virginia 		Opened
    440 East Main Street, Purcellville,
Loudoun County, Virginia 		Opened
    426 Weems Lane,
City of Winchester, Virginia 		Opened
11-13-00 Bank of the James
Lynchburg, VA 		5204 Fort Avenue
City of Lynchburg, VA 		Opened
11-13-00 The Bank of Southside Virginia
Carson, VA 		115 Main Street
Smithfield, Isle of Wight County, VA 		Approved
    14003 Boydton Plank Road
Dinwiddie County, VA 		Approved
11-13-00 The Blue Grass Valley Bank
Blue Grass, VA 		on the south side of East Main Street, two blocks east of its intersection with U.S. Route 220
Monterey, Highland County, VA 		Opened

BRANCHES OF OUT-OF-STATE BANKS

11-10-00 Centura Bank
Rocky Mount, NC
 2098 Nickerson Boulevard
City of Hampton, VA		 Closed
11-15-00 SunTrust Bank, Atlanta
Atlanta, GA 		22500 Pleasant Valley Road
City of Winchester, VA		 Filed
11-16-00 SunTrust Bank, Atlanta
Atlanta, GA 		Monticello Avenue and Powhatan Parkway,
Williamsburg, James City County, VA		 Filed

CREDIT UNION SERVICE FACILITIES

11-06-00 Virginia Credit Union, Inc.
Richmond, VA
 456 Charles Dimmock Parkway, Suite 1
Colonial Heights, VA 23834		 Opened

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

11-08-00 Virginia Credit Union, Incorporated, Richmond, VA, requests permission to expand its field of membership to include the Carpenter Center for the Performing Arts, Richmond, VA (currently 12 employees) Filed
11-08-00 Virginia Credit Union, Incorporated, Richmond, VA, requests permission to expand its field of membership to include Colonial Chem-Dry, Ashland, VA (currently 10 employees) Filed
11-08-00 Virginia Credit Union, Incorporated, Richmond, VA, requests permission to expend its field of membership to include Old Dominion Security Co., Inc., Richmond, VA (currently 100 employees) Filed
11-08-00 Virginia Credit Union, Incorporated, Richmond, VA, requests permission to expand its field of membership to include Spike Broadband Systems, Inc. (Virginia employees only), Richmond, VA (currently 44 employees) Filed
11-09-00 The Navy Yard Credit Union, Incorporated, Portsmouth, VA, requests permission to change its field of membership to include persons who live, work, worship, or attend school, and business and other legal entities located in Portsmouth, VA and fourteen census tracts contiguous to the City of Portsmouth, VA. (The Navy Yard Credit Union currently serves employees of the Norfolk Naval Shipyard, Portsmouth, VA, and various nearby small employee groups. Estimated potential membership would increase from 35,000 to about 147,884.) Filed
11-14-00 Piedmont Credit Union, Danville, VA, requests permission to expand its field of membership to include employees of eToys Distribution LLC, Blairs, VA (currently 225 employees) Filed


SECTION II
APPLICATIONS OF NATIONAL BANKS

MERGER

DATE
DESCRIPTION
ACTIVITY
10-31-00 First Community Bank, National Association, Bluefield, VA to merge into it Citizens Southern Bank, Inc., Beckley, WV Effective

BRANCH

DATE INSTITUTION LOCATION
ACTIVITY
10-31-00 Millennium Bank,
National Association
Reston, VA
 1025 Seneca Road
Great Falls, VA		 Filed

 

NO OTHER APPLICATIONS RECEIVED