1985 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [30 Pa.B. 5974]

       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 November 7, 2000.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    11-7-00National Penn Bancshares, Inc.,
       Boyertown, to acquire 100% of
       the voting shares of Community
       Independent Bank, Inc., Bernville
    BoyertownApproved

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    10-25-00Farmers First Bank
    Lititz
    Lancaster County
    LititzApproved
    Purchase of Assets/Assumption of
    Liabilities of One Branch Office of
    Main Street Bank, Reading, Located at:
    1950 Old Philadelphia Pike
    East Lampeter Township
    Lancaster County
    (Note: Listed incorrectly on previous Weekly Summary #44.)

    Branch Applications

    DateName of BankLocationAction
    10-31-00The Glen Rock State Bank
    Glen Rock
    York County
    3094 Cape Horn Road
    Red Lion
    York Township
    York County
    Opened
    11-1-00Somerset Trust Company
    Somerset
    Somerset County
    807 Goucher St.
    Johnstown
    Cambria County
    Filed
    11-2-00Iron and Glass Bank
    Pittsburgh
    Allegheny County
    3400 S. Park Road
    Bethel Park
    Allegheny County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    10-23-00Peoples State Bank
       of Wyalusing
    Wyalusing
    Bradford County
    To:110 Main Street
    (Route 220)
    Ulster
    Bradford County
    Effective
    From:111 Main Street
    Ulster
    Bradford County
    10-31-00Summit Bank
    Bethlehem
    Northampton County
    To:1975 Street Road
    Bensalem
    Bucks County
    Filed
    From:2084 Street Road
    Bensalem
    Bucks County

    Branch Discontinuances

    DateName of BankLocationAction
    10-31-00Main Street Bank
    Reading
    Berks County
    1950 Old Philadelphia
       Pike
    Greenfield
    East Lampeter Twp.
    Lancaster County
    Filed
    11-7-00Fulton Bank
    Lancaster
    Lancaster County
    2900 Oregon Pike
    Lititz
    Lancaster County
    Approved

    Articles of Amendment

    DateName of BankPurposeAction
    11-7-00Laurel Bank
    Johnstown
    Cambria County
    Amendment to Article 1,
    providing for a change in
    name of the institution to
    ''Promistar Bank.''
    Approved
    Effective
    11-15-00
    11-7-00Laurel Trust Company
    Johnstown
    Cambria County
    Amendment to Article 1,
    providing for a change in
    name of the institution to
    ''Promistar Trust Company.''
    Approved
    Effective
    11-15-00

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Acting Secretary

    [Pa.B. Doc. No. 00-1985. Filed for public inspection November 17, 2000, 9:00 a.m.]

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