Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, July 7, 1993                   TAG: 9307070475
SECTION: BUSINESS                    PAGE: B-6   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

IN BUSINESS

Crestar Bank has kicked off a drive to make credit more accessible for qualified small businesses in Virginia, Washington and Maryland.

The bank earmarked at least $200 million for small-business loans in those areas. The 60-day campaign will involve in-person calls on more than 2,500 small businesses. Crestar also streamlined its application process.

Crestar has about $700 million in loans outstanding to businesses with annual sales under $2 million. Of that, about $175 million is in its western region, headquartered in Roanoke. - Staff report

Briefly . . .

\ NationsBank Corp. has completed its acquisition of Chicago Research and Trading Group Ltd., an options and futures trading concern, for $225 million. The company's name will be changed to NationsBanc-CRT, and its headquarters will remain in Chicago.

\ General Electric Co.will cut about 100 jobs at its Warren, Ohio, lamp plant and transfer them to divisions in Virginia, Canada and Mexico. The moves will take effect in December.