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

January 21, 2000 Vol. XII - No. 3

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
January 21, 2000 - Vol. XII - No. 3

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

DATE

DESCRIPTION ACTIVITY
01/18/2000

BB&T Corporation, Winston-Salem, NC to acquire Hardwick Holding Company, Dalton, GA

Filed
01/20/2000

BB&T Corporation, Winston-Salem, NC to acquire First Banking Company of Southeast 
Georgia, Statesboro, GA

 Filed

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
01/18/2000

F & M Bank-Peoples
Warrenton, VA

501C Jefferson Davis Highway,
City of Fredericksburg, VA

Filed

01/20/2000

Highlands Union Bank
Abingdon, VA

1013 Highway 105,
Boone, NC

Filed

SUBSIDIARY TRUST COMPANY
 
DATE INSTITUTION LOCATION ACTIVITY

01/03/2000

Bay Trust Company
Kilmarnock, VA

1 North Main Street
Kilmarnock, Lancaster County, VA

Opened

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

DATE

DESCRIPTION ACTIVITY
01/20/2000

Piedmont Credit Union, Danville, VA requests permission to expand its field of membership to include employees of Columbia Forest Products, Danville, VA (currently 393 employees)

Approved
01/20/2000

Piedmont Credit Union, Danville, VA requests permission to expand its field of membership to include employees of the Danville facility of Diebold, Incorporated, Danville, VA (currently 120 employees)

 Approved

SECTION II

APPLICATIONS OF NATIONAL BANKS

NEW BANK

DATE INSTITUTION LOCATION ACTIVITY

12/30/1999

Cardinal Bank-Alexandria/Arlington, N.A.
Alexandria, VA

1737 King Street,
Alexandria, VA

Approved

BRANCH

DATE INSTITUTION LOCATION ACTIVITY

12/30/1999

First Union National Bank
Charlotte, NC

7017 Three Chopt Road
Richmond, VA

Closed

NO OTHER APPLICATIONS RECEIVED 


NOTICE

Due to efficiencies available through current technology and the widespread availability of the Internet, we plan to discontinue the general distribution via postal service of the Weekly Information Bulletin beginning with the March 3, 2000 edition. The Bulletin is posted to the Bureau's web site each Friday and may be accessed at www.state.va.us/scc/division/banking . Anyone who wishes to receive the Bulletin by electronic mail may do so by e-mailing such request to Ms. Katrina Lewis at KLewis@scc.virginia.gov . Non-financial institution subscribers will continue to receive the Bulletin by U.S. mail until the subscription expires, after which the subscription may be renewed as in previous years. Any financial institution that wishes to continue receiving the Bulletin by U.S. mail, may do so by writing to:

Ms. Katrina Lewis
Bureau of Financial Institutions
P.O. Box 640
Richmond, VA 23218

In your request, please state the name and address of the recipient, and enclose a $75 check, payable to the Treasurer of Virginia.