1673 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 5111]

       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 21, 1999.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    9-15-99Hudson United Bancorp, Mahwah, New Jersey, to acquire 100% of the voting shares of JeffBanks, Inc., Haverford, Pennsylvania, and so indirectly acquire Jefferson Bank, Haverford, PennsylvaniaMahwah, NJApproved

    New Bank Charters

    DateName of BankLocationAction
    9-20-99The Legacy Bank of Harrisburg
    Harrisburg
    Dauphin County
    2600 Commerce Drive
    Harrisburg
    Dauphin County
    Commenced Operations

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-17-99Summit Bank, Bethlehem, and Prime Bank, Philadelphia
    Surviving Institution--Summit Bank, Bethlehem
    BethlehemEffective
    Branch acquired by merger:
    6425 Rising Sun Avenue
    Philadelphia
    Philadelphia County
    (Former Main Office of Prime Bank)
    Note:  All branch offices of Prime Bank will become branch offices of Summit Bank subsequent to the merger.

    Branch Applications

    DateName of BankLocationAction
    9-15-99Patriot Bank
    Pottstown
    Montgomery County
    151 Good Drive
    Lancaster
    Lancaster County
    Approved
    9-15-99Patriot Bank
    Pottstown
    Montgomery County
    500 Office Center Dr.
    Fort Washington
    Montgomery County
    Approved
    9-15-99Patriot Bank
    Pottstown
    Montgomery County
    65 E. Elizabeth Ave.
    Bethlehem
    Northampton County
    Approved
    9-15-99Jefferson Bank
    Haverford
    Montgomery County
    11725 Bustleton Ave.
    Philadelphia
    Philadelphia County
    Authorization Rescinded
    9-20-99Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    2395 York Road
    Jamison
    Bucks County
    Filed
    9-20-99Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    73 Old Dublin Pike
    Doylestown
    Bucks County
    Filed
    9-21-99Northwest Savings Bank
    Warren
    Warren County
    800 State Street
    Erie
    Erie County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    9-13-99First Liberty Bank & Trust
    Jermyn
    Lackawanna County
    To:Route 435
    Moscow
    Lackawanna County
    Effective
    From:Route 502
    Moscow (Daleville)
    Lackawanna County
    9-17-99Laurel Bank
    Johnstown
    Cambria County
    To:Route 88 & Route 188
    Rices Landing
    Jefferson Township
    Greene County
    Filed
    From:36 Green Street
    Jefferson
    Greene County

    Branch Discontinuances

    DateName of BankLocationAction
    9-20-99Laurel Bank
    Johnstown
    Cambria County
    1235 Main Street
    Shanksville
    Somerset County
    Approved
    9-20-99Laurel Bank
    Johnstown
    Cambria County
    976 Barn Street
    Hooversville
    Somerset County
    Approved
    9-20-99Laurel Bank
    Johnstown
    Cambria County
    7109 Mason Dixon Hghwy.
    Meyersdale
    Somerset County
    Approved

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    9-14-99Schuylkill County School Employees Credit Union, Pottsville, and Good Samaritan Hospital Pottsville Federal Credit Union, Pottsville
    Surviving Institution--Schuylkill County School Employees Credit Union, Pottsville
    PottsvilleFiled

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-1673. Filed for public inspection October 1, 1999, 9:00 a.m.]

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