1700 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 5503]

   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 14, 1997.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
10-6-97	The Chase Manhattan Corporation,    New York, NY, to acquire 100% of    the voting stock of New Trust    Company, National Association,    Pittsburgh, PA		New York, NY	Filed

New Chapter Applications

Date	Name of Bank		Location	Action
10-6-97	Susquehanna Trust Company Lititz Lancaster County		26 N. Cedar Street Lititz Lancaster County	Filed
	Correspondent:
	Charles L. O'Brien, Esq. Morgan, Lewis & Brockius, LLP 417 Walnut St. Harrisburg, PA 17101

Conversions

Date	Name of Corporation		Location	Action
10-10-97	PSB Mutual Holding Co. Philadelphia Philadelphia County		Philadelphia	Filed
	To:
	PSB Bancorp, Inc. Philadelphia Philadelphia County
	Represents conversion from a mutual holding company to a stock holding company.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
10-10-97	Johnstown Bank and Trust Company    Johnstown; Laurel Bank,    Ebensburg; and Fayette Bank,    Uniontown    Surviving Institution--    Johnstown Bank and Trust    Company, Johnstown, with a change    in corporate title to ''Laurel Bank''		Johnstown	Effective
	Branches Acquired Via Merger:
	111 West High Street Ebensburg Cambria County		58 West Main Street Uniontown Fayette County
10-14-97	Community Bank and Trust Company Forest City Susquehanna County		Forest City	Approved
	Purchase of assets/assumption of liabilities of two Branch Offices of First Union National Bank, Avondale, located at:
	Eynon Plaza Route 6 Eynon Lackawanna County		97 College Avenue Factoryville Wyoming

Branch Applications

Date	Name of Bank		Location	Action
9-12-97	Summit Bank Bethlehem Northampton County		Laneco Store Stefko Boulevard Shopping Center 1880 Stefko Boulevard Bethlehem Northampton County	Opened
10-9-97	The Peoples Bank of Oxford Oxford Chester County		Baltimore Pike and Route 796 Penn Township Chester County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
10-6-97	Parkvale Savings Bank Monroeville Allegheny County	To:	4885 McKnight Road Storeroom #1A Pittsburgh Ross Township Allegheny County	Filed
		From:	4885 McKnight Road Storeroom #18 Pittsburgh Ross Township Allegheny County

Branch Discontinuances

Date	Name of Bank		Location	Action
9-26-97	Summit Bank Bethlehem Northampton County		55 Blue Valley Dr. Bangor Northampton County	Effective

Articles of Amendment

Date	Name of Bank	Purpose		Action
10-10-97	BT Management Trust Company Johnstown Cambria County	To provide for a change in corporate title to ''Laurel Trust Company.''		Approved and Effective

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1700. Filed for public inspection October 24, 1997, 9:00 a.m.]