F&M National Corp. last week consolidated the trust departments of three bank subsidiaries in Virginia into a new trust company.

The trust departments of the $2.5 billion banking company's lead bank, F&M Bank-Winchester, as well as of F&M Bank-Northern Virginia, Fairfax, and F&M Bank-Warrenton, now have centralized operations for $450 million of assets under management in 1,200 accounts.

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