DEPARTMENT OF BANKING Action on Applications [26 Pa.B. 237] 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 9, 1996.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 1-1-96 First Union Corporation,
Charlotte, NC, to acquire 24.4%
of the voting shares of ExecuFirst Bancorp, Inc., Philadelphia, PACharlotte, NC Effective 1-5-96 National City Corporation,
Cleveland, OH, to acquire 100%
of the voting shares of Integra Financial Corporation, Pittsburgh, PACleveland, Ohio Approved 1-5-96 Harleysville National Corporation,
Harleysville, to acquire 100% of the voting shares of Farmers & Merchants Bank (Honesdale, PA), HonesdaleHarleysville Approved 1-5-96 CoreStates Financial Corp,
Philadelphia, to acquire 100% of the voting shares of Meridian Bancorp, Inc., ReadingPhiladelphia Filed New Charter Applications Date Name of Bank Location Action 1-5-96 Wayne Interim Bank
Honesdale
Wayne CountyHonesdale Approved Subject institution will be utilized to merge with Wayne Bank, Honesdale, and the surviving institution will be acquired by Norwood Financial Corp., Honesdale, a bank holding company in organization. Branch Applications Date Name of Bank Location Action 1-3-96 Founders' Bank
Bryn Mawr
Montgomery County15 East Gay Street
West Chester
Chester CountyFiled Branch Discontinuances Date Name of Bank Location Action 12-29-95 Meridian Bank
Reading
Berks County14 S. Front St.
Milton
Northumberland Co.Effective 12-29-95 Integra Bank
Pittsburgh
Allegheny CountyPenn Hills Shopping
Center
212 Rodi Road
Pittsburgh
Allegheny CountyEffective 1-5-96 Heritage Trust Company
Erie
Erie County381 Mansfield Ave.
Suite 205
Pittsburgh
Allegheny CountyApproved SAVINGS ASSOCIATIONS No activity. CREDIT UNIONS Consolidations, Mergers and Absorptions Date Name of Credit Union Location Action 1-1-96 Butler Armco Employees Credit
Union, Butler, and Butler Memorial Hospital Credit Union, Butler
surviving institution--Butler Armco Employees Credit Union, ButlerButler Effective RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 96-76. Filed for public inspection January 19, 1996, 9:00 a.m.]
