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 Date Name of Bank Location Action 1-16-01 Iron and Glass Bank
Pittsburgh
Allegheny CountyPittsburgh Filed 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 CountyBranch Applications Date Name of Bank Location Action 3-16-00 Smithfield State Bank
Smithfield
Fayette County58 West Church St.
Fairchance
Fayette CountyOpened 1-8-01 Sun Bank
Selinsgrove
Synder County141 Plaza 15
Route 15 North
Lewisburg
Union CountyOpened 1-9-01 First Cornerstone Bank
King of Prussia
Montgomery County2 W. Baltimore Pike
Media
Delaware CountyFiled SAVINGS INSTITUTIONS No activity. CREDIT UNIONS Consolidations, Mergers and Absorptions Date Name of Credit Union Location Action 1-10-01 Freedom Credit Union, Philadelphia, and W.E.H. Employees Federal Credit Union, Philadelphia
Surviving Institution--
Freedom Credit Union,
PhiladelphiaPhiladelphia Approved JAMES B. KAUFFMAN, Jr.,
Acting Secretary[Pa.B. Doc. No. 01-129. Filed for public inspection January 26, 2001, 9:00 a.m.]