87 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[32 Pa.B. 316]

   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 8, 2002.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
1-4-02	Fidelity Bancorp, Inc.,    Pittsburgh, to acquire 100% of    the voting shares of Carnegie    Financial Corporation, Carnegie		Pittsburgh	Approved

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
1-2-02	American Bank, Allentown,    and American Interim Bank,    Allentown    Surviving Institution--    American Bank, Allentown		Allentown	Effective
	Merger is being effected solely to facilitate the acquisition of American Bank by American Bank Incorporated, Allentown, a new Pennsylvania bank holding company.
1-4-02	Fidelity Savings Bank, Pittsburgh,    and Carnegie Savings Bank, F.S.B.,    Carnegie    Surviving Institution--    Fidelity Savings Bank, Pittsburgh		Pittsburgh	Approved

Branch Applications

Date	Name of Bank		Location	Action
12-26-01	The Peoples Bank of Oxford Oxford Chester County		Maple Heights Lane    and Md. Rte. 273 Rising Sun Cecil County Maryland	Opened
1-3-01	Greenville Savings Bank Greenville Mercer County		550 N. Hermitage Rd. Hermitage Mercer County	Opened
1-4-02	Commonwealth Bank Norristown Montgomery		Paul's Run 9896 Bustleton Ave. Philadelphia Philadelphia County	Filed
1-4-02	Commonwealth Bank Norristown Montgomery County		ShopRite Supermarket 3745 Aramingo Avenue Philadelphia Philadelphia County	Filed
1-8-02	Northwest Savings Bank Warren Warren County		1700 Roosevelt Ave. York York County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
11-5-01	Patriot Bank Pottstown Montgomery County	To:	2228 State Hill Rd. Wyomissing Berks County	Effective
		From:	1149 Berkshire Blvd. Wyomissing Berks County

Branch Discontinuances

Date	Name of Bank		Location	Action
1-8-02	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		1126 Kennebec Dr. Chambersburg Franklin County	Approved
1-8-02	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		1901 Research Blvd. Rockville Montgomery County Maryland	Approved
1-8-02	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		77 West Street Suite 210 Annapolis Anne Arundel County Maryland	Approved
1-8-02	First Commonwealth Bank Indiana Indiana County		110 Rolling    Ridge Drive State College Centre County	Approved

SAVINGS INSTITUTIONS

Voluntary Dissolutions

Date	Name of Association		Action
12-31-01	Cornerstone Savings Association Glenside Montgomery County		Certification of election for voluntary dissolution filed. Effective as of close of business December 31, 2001.

CREDIT UNIONS

No activity.

JAMES B. KAUFFMAN, Jr.,   
Secretary

[Pa.B. Doc. No. 02-87. Filed for public inspection January 18, 2002, 9:00 a.m.]