1745 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [26 Pa.B. 5020]

       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 8, 1996.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    10-4-96Parkvale Savings Bank
    Monroeville
    Allegheny County
    MonroevilleApproved
    Purchase of assets/assumption of liabilities of a branch office of First Home Savings Bank, FSB, Pittsburgh, located at:
    Crafton-Ingram Shopping Center
    Pittsburgh
    Allegheny County
    Assumption of deposits only; said deposits will be transferred to the applicant's existing branch located at the Crafton-Ingram Shopping Center.

    Branch Applications

    DateName of BankLocationAction
    10-1-96United Savings Bank
    Philadelphia
    Philadelphia County
    2535 West Chester Pike
    Broomall
    Delaware County
    Opened
    10-1-96The Dime Bank
    Honesdale
    Wayne County
    Route 507
    Greentown
    Pike County
    Opened
    10-2-96Twin Rivers Community Bank
    Easton
    Northampton County
    1003 W. Broad Street
    Bethlehem
    Lehigh County
    Filed
    10-4-96Old Forge Bank
    Old Forge
    Lackawanna County
    304 Main Street
    Duryea
    Luzerne County
    Approved
    10-7-96United Bank of Philadelphia
    Philadelphia
    Philadelphia County
    100 E. Olney Ave.
    Philadelphia
    Philadelphia County
    Withdrawn

    Branch Relocations

    DateName of BankLocationAction
    10-1-96First Sterling Bank
    Devon
    Chester County
    To:101 West Baltimore Pike
    Media
    Delaware County
    Effective
    From:NE Corner of State and Jackson Sts.
    Media
    Delaware County
    (Approved/Unopened)

    Branch Consolidations

    DateName of BankLocationAction
    10-2-96Northwest Savings Bank
    Warren
    Warren County
    From:537 Main Street
    Clarion
    Clarion County
    Filed
    To:601 Main Street
    Clarion
    Clarion County

    Branch Discontinuances

    DateName of BankLocationAction
    9-27-96The Drovers & Mechanics Bank
    York
    York County
    2 East Main St.
    Windsor
    York County
    Effective
    10-3-96United Bank of Philadelphia
    Philadelphia
    Philadelphia County
    1015 N. Marshall St.
    Philadelphia
    Philadelphia County
    Approved
    10-3-96United Bank of Philadelphia
    Philadelphia
    Philadelphia County
    1321 W. Lindley Ave.
    Philadelphia
    Philadelphia County
    Approved

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 96-1745. Filed for public inspection October 18, 1996, 9:00 a.m.]

Document Information