SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 19, 1997
ONE VALLEY BANCORP, INC.
(Exact name of registrant as specified in its charter)
West Virginia 0-10042 55-0609408
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
One Valley Square, Charleston, West Virginia 25326
(Address of principal executive offices)
(Zip Code)
(304) 348-7000
(Registrant's telephone number, including area code)
Not applicable
(Former name, address, and fiscal year, if changed since last
report)
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One Valley Bancorp, Inc.
Item 5. Other Events
One Valley Bancorp, Inc. stock will commence trading on the New
York Stock Exchange (NYSE) on May 22, 1997 using the symbol 'OV',
company President and Chief Executive Officer J. Holmes Morrison
announced today.
Morrison said, "We believe One Valley shares will enjoy enhanced
liquidity and tighter quotation spreads on the NYSE, which will
result in greater value for our shareholders."
"The New York Stock Exchange is the largest and oldest organized
securities market. It represents 83% of total U. S. market
capitalization and 62% of U. S. equity trading volumes. In
addition, the majority of banking companies our size or larger
trade on the NYSE," Morrison stated.
One Valley Bancorp, headquartered in Charleston, WV, is the largest
bank holding company based in West Virginia with $4.4 billion in
total assets. The company has twelve affiliate banks with 89
offices--79 of which are in West Virginia and 10 in Virginia.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
One Valley Bancorp, Inc.
DATE May 19, 1997
BY /S/ Laurance G. Jones
Laurance G. Jones
Executive Vice President &
Chief Financial Officer
