The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Saturday, October 8, 1994              TAG: 9410080386
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
TYPE: Digest 
SOURCE: (Staff)
                                             LENGTH: Short :   18 lines

ROANOKE THRIFT GOES PUBLIC

SWVA Banchares Inc., holding company for Southwest Virginia Saving Bank, said it completed a $5.7 million initial public stock offering. The offer of 570,590 shares at $10 a share was in connection with Southwest Virginia's conversion from a mutual to a stock institution. by CNB