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 28, 2000 Vol. XII - No. 4

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 28, 2000 - Vol. XII - No. 4

SECTION I
   
MERGER
 

DATE

DESCRIPTION ACTIVITY
01/01/2000

SunTrust Bank, Atlanta, GA to merge into it Crestar Bank, Richmond, VA

Effective


APPLICATIONS FILED PURSUANT TO SECTION 6.1-194.87 OF THE CODE OF VIRGINIA

01/27/2000

Virginia Commonwealth Financial Corporation, Culpeper, VA to acquire 100 percent of the voting shares of Caroline Savings Bank, Bowling Green, VA

Approved
 

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

12/22/1999

Virginia Commerce Bancorp, Inc. Arlington, VA to acquire 100 percent of the voting stock of Virginia Commerce Bank, Arlington, VA

Effective

BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
01/24/2000

Prosperity Bank & Trust Company
Springfield, VA

6050 A Burke Commons Road,
Fairfax County, VA

Approved

01/27/2000

Virginia Heartland Bank
Fredericksburg, VA

the southeast corner of the intersection of
Route 17 and Greenbank Road/Route 654, Stafford County, VA

Approved

BRANCH OF OUT-OF-STATE BANK

 

01/24/2000

Centura Bank
Rocky Mount, NC

5700 Lake Wright Drive
City of Norfolk, VA

Filed


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

Virginia United Methodist Conference Credit Union, Inc., Richmond, VA, requests to change its field of Membership to a single group united by the "common bond of association among those who belong to the Virginia Annual Conference of The United Methodist Church." Individuals or groups that "belong" to the Conference must report "annually to the Conference, directly or through elected representatives, and (provide) for the publication of such reports in the Journal of the Annual Conference." (Estimated potential membership increases from about 6,000 to about 220,000.)

Approved
01/21/2000

New Horizon Credit Union, Manassas, VA, requests permission to expand its field of Approved membership to include employees of the Door and Hardware Institute, Chantilly, VA (currently 27 employees)

 Approved

SECTION II

APPLICATIONS OF NATIONAL BANKS

NONE REPORTED

NO OTHER APPLICATIONS RECEIVED