1747 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 5403]

   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 October 5, 1999.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
9-30-99	Port Richmond Savings, Philadelphia, and Gorgas Savings Association, Philadelphia Surviving Institution--Port Richmond Savings, Philadelphia		Philadelphia	Effective

Branch Applications

Date	Name of Bank		Location	Action
9-23-99	Northwest Savings Bank Warren Warren County		70 Richmond Street Painesville Lake County, Ohio	Opened
9-23-99	Northwest Savings Bank Warren Warren County		325 Center Street Chardon Geauga County, Ohio	Opened
10-1-99	Patriot Bank Pottstown Montgomery County		151 Good Drive Lancaster Lancaster County	Opened
10-1-99	Patriot Bank Pottstown Montgomery County		500 Office Center Dr. Ft. Washington Montgomery County	Opened
10-1-99	Patriot Bank Pottstown Montgomery County		65 E. Elizabeth Avenue Bethlehem Northampton County	Opened

Articles of Amendment

Date	Name of Bank		Purpose	Action
9-29-99	vBank, A Savings Bank Philadelphia Philadelphia County		Provides for a change in the principal place of business from:  803 East Germantown Pike, Norristown, Montgomery County; to:  1535 Locust Street, Philadelphia, Philadelphia County	Effective

SAVINGS ASSOCIATIONS

Conversions

Date	Name of Association		Location	Action
10-1-99	Morton Savings and Loan Association Morton Delaware County          To: Morton Savings Bank Morton Delaware County		Morton	Effective
	Represents conversion from a State-chartered savings and loan association to a Federally-chartered savings and loan association.

Consolidations, Mergers and Absorptions

Date	Name of Association		Location	Action
9-28-99	The Bridesburg Savings Association, Philadelphia, and Cornerstone- Feltonville Building and Loan Association, Glenside Surviving Institution--The Bridesburg Savings Association, Philadelphia, with a change in corporate title and location to: ''Cornerstone Savings Association,'' Glenside		Philadelphia	Approved Effective 9-30-99
	Note:  The former main office of The Bridesburg Savings Association located at 4800 Richmond Avenue, Philadelphia, became a branch office of Cornerstone Savings Association subsequent to the merger.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
9-30-99	Atlantic Employees Federal Credit Union, Newtown Square, and National Group Employees Credit Union, Frazer Surviving Institution--Atlantic Employees Federal Credit Union, Newtown Square		Newtown Square	Effective

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-1747. Filed for public inspection October 15, 1999, 9:00 a.m.]