Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: June 25, 2001

For immediate release

The Federal Reserve Board today announced its approval of the application of BB&T Corporation, Winston-Salem, North Carolina, to acquire F&M National Corporation, Winchester, Virginia, and its eleven wholly owned subsidiary banks. The Board also has approved BB&T Corporationís proposal to acquire F&M's nonbanking subsidiaries, F&M Trust Company, Winchester, Virginia, and Johnson Mortgage Company, LLC, Newport News, Virginia.

Attached is the Board's Order relating to this action.

Attachment (123 KB PDF)

2001 Orders on banking applications

Home | News and events
Last update: June 25, 2001