DEPARTMENT OF BANKING Action on Applications [28 Pa.B. 282] The Department of Banking of the Commonwealth of Pennsylvania, under the authority contained in the act of November 30, 1965 (P. L. 847, No. 356), known as the Banking Code of 1965; the act of December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; the act of May 15, 1933 (P. L. 565, No. 111), known as the Department of Banking Code; and the act of December 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending January 6, 1998.
BANKING INSTITUTIONS New Charter Applications Date Name of Bank Location Action 1-6-97 Susquehanna Trust Company
Lititz
Lancaster County26 North Cedar St.
Lititz
Lancaster CountyApproved Mutual Holding Company Reorganization Date Name of Bank Location Action 12-30-97 Standard Bank, PaSB
Monroeville
Allegheny CountyMonroeville Filed Application represents reorganization into a mutual holding company to be known as ''Standard Mutual Holding Company,'' Monroeville. Consolidations, Mergers and Absorptions Date Name of Bank Location Action 12-31-97 Penn Security Bank and
Trust Company, Scranton,
and Penn Security Interim
Bank and Trust Company,
Scranton
Surviving Institution--
Penn Security Bank and
Trust Company, ScrantonScranton Effective Subject merger is being effected to facilitate the acquisition of Penn Security Bank and Trust Company, Scranton, by Penseco Financial Services Corporation, Scranton, a new bank holding company. Branch Relocations Date Name of Bank Location Action 1-5-98 First Commonwealth Bank
Indiana
Indiana CountyTo: 545 W. Mahoning St.
(300 Feet West)
Punxsutawney
Jefferson CountyEffective From: 545 W. Mahoning St.
Punxsutawney
Jefferson CountyBranch Discontinuances Date Name of Bank Location Action 12-31-97 Fulton Bank
Lancaster
Lancaster County820 S. Main St.
Akron
Lancaster CountyEffective SAVINGS ASSOCIATIONS Consolidations, Mergers and Absorptions Date Name of Savings Association Location Action 1-1-98 Feltonville Building and Loan
Association, Philadelphia,
and Cornerstone Building and
Loan Association, Glenside
Surviving Institution--
Feltonville Building and Loan
Association, Philadelphia, with a
change in corporate title and
principal place of business to
Cornerstone-Feltonville Building
and Loan Association, GlensidePhiladelphia Effective CREDIT UNIONS No activity. RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 98-83. Filed for public inspection January 16, 1998, 9:00 a.m.]
