1608 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 4953]

       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 22, 1998.

    BANKING INSTITUTIONS

    Conversions

    DateName of BankLocationAction
    9-21-98United States National
       Bank in Johnstown
    Johnstown
    Cambria
       To:
    U.S. Bank
    Johnstown
    Cambria County
    JohnstownApproved
    Application represents conversion from national charter to a State charter.

    Branch Applications

    DateName of BankLocationAction
    9-16-98Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    1758 Allentown Road
    Lansdale
    Montgomery County
    Approved
    9-16-98Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    Five Points Plaza Shopping Center
    640 Cowpath Road
    Montgomeryville
    Montgomery County
    Approved
    9-16-98Suburban Community Bank
    Chalfont
    Bucks County
    40 East Street Road
    Feasterville
    Lower Southampton Twp.
    Bucks County
    Approved
    9-18-98Berks County Bank
    Reading
    Berks County
    4001 Perkiomen Avenue
    Exeter Township
    Berks County
    Filed
    9-21-98FirstService Bank
    Lansdale
    Montgomery County
    1494 Old York Road
    Abington
    Montgomery County
    Approved
    9-21-98Wilmington Trust of Pennsylvania
    West Chester
    Chester County
    787 E. Lancaster Ave.
    Villanova
    Delaware County
    Approved
    9-21-98Prime Bank
    Philadelphia
    Philadelphia County
    7111 Valley Green Rd.
    Fort Washington
    Montgomery County
    Authorization Rescinded
    9-21-98BankPhiladelphia
    Norristown
    Montgomery County
    18 E. Wynnewood Ave.
    Wynnewood
    Montgomery County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    9-14-98Laurel Bank
    Johnstown
    Cambria County
    To:200 Weldon Street
    Latrobe
    Westmoreland County
    Effective
    From:1001 Ligonier Street
    Latrobe
    Westmoreland County
    9-16-98Abington Savings Bank
    Jenkintown
    Montgomery County
    To:990 Old York Road
    Abington
    Montgomery County
    Approved
    From:1020 Old York Road
    Abington
    Montgomery County
    9-17-98Pennview Savings Bank
    Souderton
    Montgomery County
    To:503 Harleysville Pike
    Franconia Township
    Montgomery County
    Approved
    From:500 Harleysville Pike
    Franconia Township
    Montgomery County
    9-21-98Firstrust Savings Bank
    Flourtown
    Montgomery County
    To:Pike Plaza Shopping Center
    Second Street Pike
    Southampton
    Bucks County
    Filed
    From:Hampton Square Shopping Center
    Second Street Pike
    Southampton
    Bucks County

    Articles of Amendment

    DateName of BankPurposeAction
    9-17-98Mauch Chunk Trust Company
    Jim Thorpe
    Carbon County
    To increase the authorized capital of the institution from $350,000 divided into 350,000 shares of common stock at $1.00 par value each; to $1,500,000 divided into 1,500,000 shares of common stock at $1.00 par value each.Approved

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    9-18-98Utilities Employees Credit Union
    Sinking Spring
    Berks County
    To amend Article 8, providing for a change in the field of membership.Approved and Effective

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1608. Filed for public inspection October 2, 1998, 9:00 a.m.]

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