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
  December 1, 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
December 1, 2000

SECTION I

NEW BANKS
DATE
DESCRIPTION
ACTIVITY
11-20-00 Marathon Merger Bank (Phantom) to commence banking business at 110 University Boulevard, City of Harrisonburg, VA Effective

MERGERS
11-20-00 Rockingham Heritage Bank, Harrisonburg, VA to merge into it Marathon Merger Bank Harrisonburg, VA Effective

APPLICATIONS FILED PURSUANT TO SECTION 6.1-383.1 OF THE CODE OF VIRGINIA
11-20-00 Marathon Financial Corporation, Winchester, VA to acquire all the voting shares of Rockingham Heritage Bank, Harrisonburg, VA Effective
11-22-00 FNB Corporation, Christiansburg, VA to acquire all the voting shares of CNB Holdings, Inc., Pulaski, VA Approved

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION
ACTIVITY
11-20-00 F & M Bank-Central Virginia
Charlottesville, VA
 7003 Seminole Trail
Ruckersville, Greene County, VA		 Opened
11-22-00 Pioneer Bank
Stanley, VA		 8315 Spotswood Trail
Stanardsville, Greene County, VA		 Approved

BRANCHES OF OUT-OF-STATE BANKS

11-30-00 SunTrust Bank
Atlanta, GA 		22500 Pleasant Valley Road
City of Winchester, VA		 No Objection

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

DATE
DESCRIPTION
ACTIVITY
11-21-00 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) Approved
11-21-00 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) Approved


SECTION II
APPLICATIONS OF NATIONAL BANKS

BRANCHES

DATE INSTITUTION LOCATION
ACTIVITY

11-08-00 Virginia National Bank
Charlottesville, VA		 102 East Main Street
Orange, VA		 Effective
11-17-00 Bank of America, N.A.
Charlotte, NC 		3130 Peters Creek Road, N.W.
Roanoke, VA 		Closed

PURCHASES AND ASSUMPTIONS

DATE
DESCRIPTION
ACTIVITY
11-13-00 First National Bank, Christiansburg, VA to purchase two branches of First Union National Bank Charlotte, NC located at (1) 605 Wenonah Ave, Pearisburg, VA and (2) 320 W. Main Street, Wytheville, VA Filed

NO OTHER APPLICATIONS RECEIVED