1862 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[30 Pa.B. 5547]

   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 17, 2000.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
10-6-00	M&T Bank Corporation and    Its Wholly-Owned Subsidiary,    Olympia Financial Corp.,    Buffalo, New York, acquired 100%    of the voting shares of Keystone    Financial, Inc., Harrisburg,    Pennsylvania		Buffalo, NY	Effective
10-10-00	National Penn Bancshares, Inc.,    Boyertown, to acquire 100% of    the voting shares of Community    Independent Bank, Inc., Bernville		Boyertown	Filed

Branch Applications

Date	Name of Bank		Location	Action
10-12-00	Iron and Glass Bank Pittsburgh Allegheny County		3400 South Park Rd. Bethel Park Allegheny County	Filed
10-12-00	Premier Bank Doylestown Bucks County		2100 Street Road Bensalem Bucks County	Opened
10-16-00	The Muncy Bank and    Trust Company Muncy Lycoming County		319 S. Main Street Muncy Lycoming County (Drive-Up Facility)	Approved

Branch Relocations

Date	Name of Bank		Location	Action
10-12-00	Parkvale Savings Bank Monroeville Allegheny County	To:	74 Allegheny River    Boulevard Verona Allegheny County	Approved
		From:	736 Allegheny River    Boulevard Verona Allegheny County
10-16-00	Sun Bank Selinsgrove Snyder County	To:	141 Plaza 15 Route 15 North Lewisburg Union County	Approved
		From:	Routes 15 & 45 Lewisburg Union County (Approved/Unopened)

Branch Discontinuances

Date	Name of Bank		Location	Action
10-16-00	Laurel Bank Johnstown Cambria County		324 Curry Hollow Rd. Pleasant Hills Allegheny County	Approved

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
10-11-00	Belco Community Credit Union,    Harrisburg, and Quaker Oats    Shiremanstown Federal Credit    Union, Shiremanstown    Surviving Institution--    Belco Community Credit Union,    Harrisburg		Harrisburg	Filed

JAMES B. KAUFFMAN, Jr.,   
Acting Secretary

[Pa.B. Doc. No. 00-1862. Filed for public inspection October 27, 2000, 9:00 a.m.]