1798 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 5524]

       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 12, 1999.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    10-8-99NBT Bancorp, Inc., Norwich, New York, to acquire 100% of the outstanding shares of Lake Ariel Bancorp, Inc., Lake Ariel, Pennsylvania, and thereby acquire LA Bank, National Association, Lake Ariel, PennsylvaniaNorwich, New YorkFiled

    New Charter Applications

    DateName of BankLocationAction
    10-1-99Northeast Pennsylvania Trust
       Company
    Hazleton
    Luzerne County
    2 East Broad St.
    Hazleton
    Luzerne County
    Commenced
    Operations

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-24-99United Bank of Philadelphia
    Philadelphia
    Philadelphia County
    PhiladelphiaEffective
    Purchase of assets/assumption of liabilities of four branch offices of First Union National Bank, Charlotte, North Carolina, located at:
    1620 Wadsworth Avenue
    Philadelphia
    Philadelphia County
    3945-49 Chestnut Street
    Philadelphia
    Philadelphia County
    2836 West Girard Avenue
    Philadelphia
    Philadelphia County
    1501 North Broad Street
    Philadelphia
    Philadelphia County
    10-5-99First Bank of Philadelphia, Philadelphia, and Pennsylvania Savings Bank, Philadelphia
    Surviving Institution--First Bank of Philadelphia, Philadelphia, with a change in corporate title to ''First Penn Bank''
    PhiladelphiaApproved
    Effective
    10-12-99
    Branches Acquired By Merger:
    1424 Walnut Street
    Philadelphia
    Philadelphia County
    (Former Main Office of First Bank of Philadelphia)

    Branch Applications

    DateName of BankLocationAction
    10-4-99Lebanon Valley Farmers Bank
    Lebanon
    Lebanon County
    115 West Main Street
    Campbelltown
    S. Londonderry Twp.
    Lebanon County
    Opened
    10-7-99The Peoples Bank of Oxford
    Oxford
    Chester County
    Jenners Pond Retirement Community
    Allison Building
    2000 Greenbriar Lane
    Penn Township
    Chester County
    Approved
    10-7-99Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    73 Old Dublin Pike
    Doylestown
    Bucks County
    Approved
    10-7-99Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    2395 York Road
    Jamison
    Bucks County
    Approved
    10-7-99The Madison Bank
    Blue Bell
    Montgomery County
    Pennsylvania Business Campus
    100 Gibraltar Road
    Horsham
    Montgomery County
    Filed
    10-8-99Premier Bank
    Doylestown
    Bucks County
    General Hancock Shopping Center
    Horsham and Upper State Roads
    Montgomeryville
    Montgomery County
    Approved
    10-8-99Main Street Bank
    Reading
    Berks County
    15 Maplewood Drive
    Amity Township
    Berks County
    Approved
    10-8-99Main Street Bank
    Reading
    Berks County
    100 Progress Drive
    Doylestown Township
    Bucks County
    Approved
    10-8-99Northwest Savings Bank
    Warren
    Warren County
    800 State Street
    Erie
    Erie County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    10-5-99Laurel Bank
    Johnstown
    Cambria County
    To:Route 88 & Route 188
    Rices Landing
    Jefferson Township
    Greene County
    Approved
    From:36 Greene Street
    Jefferson
    Greene County
    10-12-99Harris Savings Bank
    Harrisburg
    Dauphin County
    To:1100 Cocoa Avenue
    Hershey
    Derry Township
    Dauphin County
    Filed
    From:114 West Chocolate Ave.
    Hershey
    Derry Township
    Dauphin County

    Articles of Amendment

    DateName of BankLocationAction
    10-8-99FirstService Bank
    Lansdale
    Montgomery County
    To provide for the acquisition of full fiduciary powers.Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    Branch Relocations

    DateName of AssociationLocationAction
    10-8-99East Stroudsburg Savings Association
    Stroudsburg
    Monroe County
    To:601 Route 940
    Mount Pocono
    Monroe County
    Filed
    From:29 Mount Pocono Blvd.
    Mount Pocono
    Monroe County

    Voluntary Liquidations

    DateName of AssociationAction
    10-6-99Building Association of Landenburg, PA
    Landenburg
    Chester County
    Articles of Dissolution filed with the Department of State. Corporate existence terminated.

    CREDIT UNIONS

    No activity.

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-1798. Filed for public inspection October 22, 1999, 9:00 a.m.]

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