1714 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 5308]

       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 28, 1999.

    BANKING INSTITUTIONS

    Conversions

    DateName of InstitutionLocationAction
    9-27-99Croydon Building and
       Loan Association
    Croydon
    Bucks County
    CroydonApproved
       To:
    Croydon Savings Bank
    Croydon
    Bucks County
    Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-13-99Orrstown Bank
    Orrstown
    Franklin County
    OrrstownEffective
    Purchase of assets/assumption of
    liabilities of one branch office
    of Sovereign Bank, F.S.B., Wyomissing,
    Located at:
    1730 Lincoln Way East
    Chambersburg
    Franklin County
    9-20-99Northwest Savings Bank
    Warren
    Warren County
    WarrenEffective
    Purchase of assets/assumption of
    liabilities of eight branch
    offices of PNC Bank, N.A.,
    Pittsburgh, located at:
    475 Theatre Drive
    Johnstown
    Cambria County
    Walnut & W. Spruce Sts.
    Marienville
    Forest County
    Lyter Dr. & Entrance Way
    Johnstown
    Cambria County
    428 Main Street
    Smethport
    McKean County
    225-227 Frankklin Street
    Johnstown
    Cambria County
    5 Buckingham Street
    Tidioute
    Warren County
    221 Elm Street
    Tionesta
    Forest County
    101 South Main Street
    Sheffield
    Warren County

    Branch Applications

    DateName of BankLocationAction
    9-20-99Fulton Bank
    Lancaster
    Lancaster County
    South York Plaza
    Pauline Drive
    York Township
    York County
    Opened
    9-22-99Sun Bank
    Selinsgrove
    Snyder County
    2 E. Mountain Ave.
    South Williamsport
    Lycoming County
    Approved
    9-23-99Main Street Bank
    Reading
    Berks County
    15 Maplewood Drive
    Amity Township
    Berks County
    Filed
    9-23-99Main Street Bank
    Reading
    Berks County
    100 Progress Drive
    Doylestown Township
    Bucks County
    Filed
    9-27-99Patriot Bank
    Pottstown
    Montgomery County
    151 Good Drive
    Lancaster
    Lancaster County
    Approved
    9-27-99Patriot Bank
    Pottstown
    Montgomery County
    500 Office Center Dr.
    Fort Washington
    Montgomery County
    Approved
    9-27-99Patriot Bank
    Pottstown
    Montgomery County
    65 E. Elizabeth Ave.
    Bethlehem
    Northampton County
    Approved
    Note: Patriot Bank branches were listed as approved 9-15-99 on Summary No. 38; approval date should be changed to 9-27-99.

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    9-17-99Summit Bank
    Bethlehem
    Northampton County
    Into:9501 Bustleton Ave.
    Philadelphia
    Philadelphia County
    Effective
    From:1695 Grant Avenue
    Philadelphia
    Philadelphia County
    Consolidation was effected in conjunction with the merger of Prime Bank, Philadelphia, with and into Summit Bank. The Grant Avenue branch was a branch office of Prime Bank.
    9-24-99Harris Savings Bank
    Harrisburg
    Dauphin County
    To:36 Robin Hood Drive
    Newberry Township
    York County
    Filed
    From:320 Newberry Commons
    Newberry Township
    York County

    SAVINGS ASSOCIATIONS

    Branch Applications

    DateName of BankLocationAction
    8-26-99East Stroudsburg Savings
       Association
    Stroudsburg
    Monroe County
    Mr. Z's Supermarket
    695 N. Courtland St.
    East Stroudsburg
    Monroe County
    Opened

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    9-27-99Educational Credit Union,
       Philadelphia, and
       The Freedom Federal Credit
       Union, Warminster
       Surviving Institution--
       Educational Credit Union,
       Philadelphia, with a change in
       corporate title to ''Freedom
       Credit Union''
    PhiladelphiaApproved

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-1714. Filed for public inspection October 8, 1999, 9:00 a.m.]

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