DEPARTMENT OF BANKING Action on Applications [27 Pa.B. 21] 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 December 24, 1996.
BANKING INSTITUTIONS Branch Applications Date Name of Bank Location Action 12-18-96 West Milton State Bank
West Milton
Union County1025 N. Main St.
Watsontown
Delaware Township
Northumberland CountyOpened 12-18-96 First Capitol Bank
York
York County2170 White Street
York
West Manchester Twp.
York CountyApproved 12-18-96 Northern Central Bank
Williamsport
Lycoming County10 Reitz Boulevard
Lewisburg
Union CountyApproved 12-19-96 First Republic Bank
Philadelphia
Philadelphia County1408 Old York Road
Abington
Montgomery CountyFiled 12-19-96 First Republic Bank
Philadelphia
Philadelphia CountyGermantown Pike and
Swede Road
East Norriton Twp.
Montgomery CountyFiled 12-19-96 Penn Security Bank and
Trust Company
Scranton
Lackawanna CountyNortheast Corner of
PA Route 447 and
US Business Route 209
East Stroudsburg
Monroe CountyApproved 12-20-96 Beneficial Mutual
Savings Bank
Philadelphia
Philadelphia CountyClemens Food Market
Ridge and Butler Pikes
Conshohocken
Montgomery CountyFiled 12-20-96 Beneficial Mutual
Savings Bank
Philadelphia
Philadelphia CountyClemens Food Market
Route 413 and
Doublewoods Road
Langhorne
Bucks CountyFiled 12-23-96 Founders' Bank
Bryn Mawr
Montgomery County300 W. State Street
Media
Delaware CountyApproved Branch Consolidations Date Name of Bank Location Action 12-17-96 S & T Bank
Indiana
Indiana CountyAt: 14 West Long Ave.
Dubois
Clearfield CountyApproved Into: 35 West Scribner Ave.
Dubois
Clearfield CountySection 112 Applications Date Name of Individual Action 12-17-96 Howard E. Groff to acquire up to 15% of
the common stock of Sterling Financial
Corporation, LancasterApproved SAVINGS ASSOCIATIONS No activity.
CREDIT UNIONS No activity.
RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 97-8. Filed for public inspection January 3, 1997, 9:00 a.m.]