The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Thursday, December 14, 1995            TAG: 9512140514
SECTION: BUSINESS                 PAGE: D1   EDITION: FINAL 
                                             LENGTH: Short :   34 lines

DAILY DIGEST

Central Fidelity to open branches in Wal-Marts

Central Fidelity National Bank, which operates branches at 27 Farm Fresh supermarkets in Hampton Roads and Richmond, will open offices at seven Wal-Mart Supercenter stores elsewhere in Virginia. The branches will be installed during 1996 at new Wal-Mart stores in Roanoke, Christiansburg, Martinsville, Farmville, Winchester, Colonial Heights and Chester. ``The high volume of shopper traffic and repeat weekly visits make the Supercenters prime locations in which to operate bank branches,'' Richmond-based Central Fidelity said. (Staff) SCC sets framework for phone competition

The State Corporation Commission on Wednesday adopted the basic rules for allowing competition in local phone services. Earlier this year, the General Assembly authorized so-called local-exchange competition for carriers like Bell Atlantic-Virginia, beginning Jan. 1. It told the SCC to adopt the rules. The SCC said it would require competing carriers to provide access to emergency 911 and directory-assistance services and to provide white-page phone listings, among other things. Still to be resolved: rules for assuring service to poor and rural residents, and for letting new competitors buy phone services from existing carriers and resell them to consumers. (Staff) by CNB