1656 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 5140]

       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 September 29, 1998.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-23-98First Capitol Bank, York,
       and Susquehanna Interim
       Bank, York
       Surviving Institution--
       First Capitol Bank, York
    YorkFiled
    Subject merger will be effected to facilitate the acquisition of First Capitol Bank, York, by Susquehanna Bancshares, Inc., Lititz, a bank holding company.
    9-29-98Laurel Bank, Johnstown, and
       The Peoples National Bank
       of Rural Valley, Rural Valley
       Surviving Institution--
       Laurel Bank, Johnstown
    JohnstownApproved

    Branch Applications

    DateName of BankLocationAction
    4-13-98Keystone Savings Bank
    Bethlehem
    Northampton County
    3933 Freemansburg Rd.
    Bethlehem
    Northampton County
    Opened
    9-24-98Somerset Trust Company
    Somerset
    Somerset County
    116 Market Street
    Johnstown
    Cambria County
    Opened
    9-29-98Firstrust Savings Bank
    Flourtown
    Montgomery County
    288 South Main St.
    Doylestown
    Bucks County
    Filed

    Branch Discontinuances

    DateName of BankLocationAction
    8-26-98First Commonwealth Bank
    Indiana
    Indiana County
    500 Hyde Park Road
    Leechburg
    Armstrong County
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1656. Filed for public inspection October 9, 1998, 9:00 a.m.]

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