[Federal Register Volume 68, Number 54 (Thursday, March 20, 2003)]
[Notices]
[Page 13709]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-6670]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than April 14, 2003.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. BB&T Corporation, Winstom-Salem, North Carolina; to merge with 
First Virginia Banks, Inc., Falls Church, Virginia, and thereby 
indirectly acquire Atlantic Bank, Ocean City, Maryland; First Virginia 
Bank - Colonial, Richmond, Virginia; First Virginia Bank - Southwest, 
Roanoke, Virginia; First Virginia Bank - Blue Ridge, Staunton, 
Virginia; First Virginia Bank, Falls Church, Virginia; First Virginia 
Bank - Hampton Roads, Norfolk, Virginia; Farmers Bank of Maryland, 
Annapolis, Maryland; and First Vantage Bank/Tri-Cities, Bristol, 
Virginia.
    In connection with this application, Applicant also has applied to 
acquire First Virginia Banks, Inc.; and thereby indirectly acquire 
First Virginia Life Insurance Company, and First General Leasing 
Company, all of Falls Church, Virginia, and thereby engage in community 
development activities, leasing activities, and credit related 
insurance activities, pursuant to sections 225.28(b)(3), (b)(11)(i) and 
(b)(12)(i), of Regulation Y respectively.

    Board of Governors of the Federal Reserve System, March 14, 
2003.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 03-6670 Filed 3-19-03; 8:45 am]
BILLING CODE 6210-01-S