THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Sunday, February 12, 1995 TAG: 9502100248
SECTION: SUFFOLK SUN PAGE: 10 EDITION: FINAL
SOURCE: BY CAROLE O'KEEFE, Correspondent
LENGTH: Medium: 82 lines
The bank of Southside Virginia will purchase NationsBank branches in Boykins, Capron and Franklin, upping its branches to 13.
The transaction is to be completed within a few months. J. Peter Clements, president of BSV, said the three locations adjoin the bank's existing service area and will add convenience for Southampton County customers, who now use Emporia, Jarratt and Wakefield brances.
BSV bought the buildings and property, deposits and loans of the branches. ``We plan to remain open at the present facilities and retain all employees,'' Clements said.
The automatic teller machine at the Armory Drive bank in Southampton Shopping Center will remain open. The transaction does not include the NationsBank branch in downtown Franklin.
NationsBank, a massive presence in the financial world, has begun selling branches in rural areas to locally based institutions like The Bank of Southside Virginia.
That's to the advantage of the community, Clements said. The three new branches will carry the same products and services it offers at other locations. ``BSV is a community bank, and we stay close to the people in the communities we serve,'' he said.
BSV has $203 million in assets and is an independent community bank with 10 branches: three in Dinwiddie County at Carson, Rohoic/Edgehill and Dinwiddie Courthouse; Sussex County at Stony Creek, Jarratt and Wakefield; and one each in Prince George County and the cities of Petersburg, Emporia and Colonial Heights.
John H. Clements, chairman of the BSV board, said his bank is ``delighted . and we truly believe that we can offer. . . high quality banking products and quality service.'
Anthony L. Goodwyn, 40, opened his major-appliance repair business last fall and added sales within a month.
The first month was slow, he said, but ``since then, we have been in the superlane.''
Then the 800-square-foot building he was in immediately became too small.
Goodwyn Services Limited moved recently to a 6,000-square-foot space at 131 South St., in the Be-Lo Shopping Center, Franklin.
While he began his business with just himself and a secretary, Goodwyn has added three service workers and expects to hire another soon.
Goodwyn sells Frigidaire, Tappan, White-Westinghouse and Kelvinator appliances. He also sells such electronic equipment as televisions, VCRs and stereo systems made by Fisher. His company services them all.
The hours are Monday through Saturday from 10 a.m. to 5 p.m.
Anita M. Falcone, who has been sewing since her mother gave her free rein with the machine at about age 9, is the new owner of what began as Clara's Sewing Box in Franklin.
Clara Worrell founded the business nearly a quarter century ago. Recently, her daughter Renee Wrenn ran the business for less than a year and named it Clara and Renee's Alterations.
Falcone, 31, took over the business early this year at 103 E. 2nd Ave. and has dubbed it Clara's Alterations.
She has been a retail salesperson and manufacturing seamstress for about 14 years. While services are available for new clothing, Falcone specializes in mending, installing zippers, hemming and alterations.
In April, Clara's alterations will begin selling sewing notions.
The hours are Monday, Tuesday, Thursday and Friday from 9 a.m. to 5 p.m. and Saturday from 9 a.m. to noon. She will meet with customers other hours by appointment.
The Tidewater Builders Association will meet at 6 p.m. Thursday, Feb. 23, at the Holiday Inn Chesapeake.
TBA's Spike Club members will be honored for their 1994 membership recruitment efforts, and the 1994 TBA picnic contributors also will be recognized.
The 1994 Associate of the Year and Rookie of the Year will be announced. Steve Kissell will speak on ``The Magic of Laughter.''
The cost is $23 in advance or $28 at the door. For reservations, call 420-2434 by Friday. ILLUSTRATION: Staff photo by MICHAEL KESTNER
Betty Britt will remain as manager of the branch near Franklin after
the buyout.
by CNB