129 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 540]

       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 16, 2001.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    1-16-01Iron and Glass Bank
    Pittsburgh
    Allegheny County
    PittsburghFiled
    Purchase of Assets/Assumption of Liabilities of the Deposits and Certain Loans of a Branch of First Commonwealth Bank, Indiana, (d/b/a Reliable Savings Bank) Located At:
    3400 South Park Road
    Bethel Park
    Allegheny County

    Branch Applications

    DateName of BankLocationAction
    3-16-00Smithfield State Bank
    Smithfield
    Fayette County
    58 West Church St.
    Fairchance
    Fayette County
    Opened
    1-8-01Sun Bank
    Selinsgrove
    Synder County
    141 Plaza 15
    Route 15 North
    Lewisburg
    Union County
    Opened
    1-9-01First Cornerstone Bank
    King of Prussia
    Montgomery County
    2 W. Baltimore Pike
    Media
    Delaware County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    1-10-01Freedom Credit Union, Philadelphia,    and W.E.H. Employees Federal    Credit Union, Philadelphia
       Surviving Institution--
       Freedom Credit Union,
       Philadelphia
    PhiladelphiaApproved

    JAMES B. KAUFFMAN, Jr.,   
    Acting Secretary

    [Pa.B. Doc. No. 01-129. Filed for public inspection January 26, 2001, 9:00 a.m.]

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