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


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Last update: June 25, 2001