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 19, 1997 Vol. IX - No. 51

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, 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 20 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 19, 1997 - Vol. IX - No. 51

NAME CHANGE

DATE

DESCRIPTION

ACTIVITY

12/12/97

James Monroe Bank Corporation d/b/a James Monroe Bank (organizing) changed its name to James Monroe Bank

Effective

 

12/15/97

BB&T Corporation, Winston-Salem, NC and BB&T Financial Corporation, Virginia Beach, VA to acquire Life Bancorp, Inc., Norfolk, VA

Filed

 

BRANCHES

DATE

INSTITUTION

LOCATION

ACTIVITY

12/05/97

The First Bank and Trust Company<br> Lebanon, VA

1063 Old Abingdon Highway,<br> City of Bristol, VA

Closed

12/06/97

Highlands Union Bank<br> Abingdon, VA

1425 North Main Street,<br> Marion, Smyth County, VA

Opened

12/08/97

The First Bank and Trust Company<br> Lebanon, VA

38 East Valley Drive,<br> City of Bristol, VA

Opened

12/11/97

Farmers and Miners Bank<br> Pennington Gap, VA

Piggly Wiggly Grocery Store,<br> Piggly Wiggly Shopping Center,<br> Chase St., Clintwood, Dickenson<br> County, VA

Filed

 

 

EFT

12/11/97

Citizens and Farmers Bank<br> West Point, VA

19th Street and King William<br> Avenue, West Point,<br> King William County, VA

Closed

 

 

 

SECTION II

APPLICATIONS OF NATIONAL BANKS

MERGER

 DATE

 DESCRIPTION

 ACTIVITY

 12/05/97

 First Union National Bank, Charlotte, NC to merge into it Signet Trust Company, Richmond, VA under the name of First Union National Bank

 Approved

 

 

BRANCHES

DATE

INSTITUTION

LOCATION

ACTIVITY

11/10/97

NationsBank, National Association<br> Charlotte, NC

Greenbrier Pkwy and Interstate 64,<br> Chesapeake, VA

Closed

12/01/97

The Old Point National Bank of Phoebus<br> Hampton, VA

1613 Hardy Cash Drive,<br> Hampton, VA

Filed

 

 

7504 Richmond Road,<br> Williamsburg, VA

Filed

NO OTHER APPLICATIONS RECEIVED