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

February 25, 2000 Vol. XII - No. 8

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
February 25, 2000 - Vol. XII - No. 8

SECTION I 

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

DATE

DESCRIPTION ACTIVITY
02/22/2000

Cardinal Financial Corporation for permission to acquire 100 percent of the voting stock of Cardinal Bank - Alexandria/Arlington, N.A., Alexandria, VA

Filed


BRANCHES OF VIRGINIA BANKS

DATE INSTITUTION LOCATION ACTIVITY
02/22/2000

Lee Bank & Trust Company
Baltimore, MD

707 Gate City Highway,
City of Bristol, VA

Approved

02/22/2000

One Valley Bank - Shenandoah Raphine, VA

1013 South Craig Avenue
City of Covington, VA

Approved
02/25/2000 Hanover Bank (in organization)
Mechanicsville, VA
4241 Mechanicsville Turnpike,
Mechanicsville, Hanover County, VA
Filed

SECTION II

APPLICATIONS OF NATIONAL BANKS

NONE REPORTED

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.