118 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 459]

       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 12, 1999.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    12-31-98First Commonwealth Financial
       Corporation, Indiana, to
       acquire 100% of the voting shares
       of Southwest National Corporation,
       Greensburg
    IndianaEffective

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    12-31-98Pennsylvania National Bank and
       Trust Company, Pottsville, and
       Financial Trust Company, Carlisle;
       Mid-State Bank and Trust
       Company, Altoona; and Northern
       Central Bank, Williamsport
       Surviving Institution--
       Pennsylvania National Bank and
       Trust Company, Pottsville, With a
       Change in Corporate Title and
       Location To ''Keystone Financial
       Bank, National Association,
       Harrisburg
    PottsvilleEffective
    1-11-99Jersey Shore State Bank,
       Jersey Shore, and The First
       National Bank of Spring Mills,
       Spring Mills
       Surviving Institution--
       Jersey Shore State Bank,
       Jersey Shore
    Jersey ShoreEffective
    Branches Acquired Via Merger:
    Route 45 and Ross Hill Road
    Spring Mills
    Centre County
    Route 45, R. D. 2
    Centre Hall
    Centre County

    Branch Applications

    DateName of BankLocationAction
    1-4-99Sentry Trust Company
    Chambersburg
    Franklin County
    Penn's Village Shopping Center
    R. R. 2
    McConnellsburg
    Fulton County
    Opened
    1-4-99The Drovers & Mechanics Bank
    York
    York County
    Northeast Intersection
       of Kreutz Creek Road
       and East Market St.
       (Route 462)
    Hellam Township
    York County
    Opened
    1-8-99Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    50 Lawrence Road
    Broomall
    Delaware County
    Opened
    1-8-99Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    420 McDade Boulevard
    Folsom
    Delaware County
    Opened

    Branch Discontinuances

    DateName of BankLocationAction
    1-6-99U.S. Bank
    Johnstown
    Cambria County
    180 St. Mary's St.
    Loretto
    Cambria County
    Approved

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 99-118. Filed for public inspection January 22, 1999, 9:00 a.m.]

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