1836 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 5234]

   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 22, 1996.

BANKING INSTITUTIONS

New Charter Applications

Date	Name of Institution		Location	Action
10-21-96	Sentry Trust Company Chambersburg Franklin County		Nicholson Square Scotland Avenue Chambersburg Franklin County	Filed
	Correspondent:
	Nicholas Bybel, Jr., Esq. and Robert C. May, Esq. Shumaker Williams, P. C. P. O. Box 88 Harrisburg, PA 17108

Holding Company Acquisition

Date	Name of Corporation		Location	Action
10-22-96	JeffBanks, Inc., Haverford,    to acquire 100% of the voting shares    of United Valley Bancorp, Inc.,    Philadelphia		Haverford	Filed

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
10-22-96	Jefferson Bank, Haverford, and United Valley Bank, Philadelphia surviving institution--Jefferson Bank, Haverford		Haverford	Filed

Branch Applications

Date	Name of Bank		Location	Action
9-25-96	Farmers First Bank Lititz Lancaster County		WalMart Store 2034 Lincoln Highway E. E. Lampeter Township Lancaster County	Opened
10-15-96	First Savings Bank of Perkasie Perkasie Bucks County		400 Commerce Blvd. Quakertown Milford Twp. Bucks County	Opened
10-17-96	Mercer County State Bank Sandy Lake Mercer County		Route 62 Jackson Township Mercer County	Filed
10-17-96	Mercer County State Bank Sandy Lake Mercer County		115 W. Adams Street Cochranton Crawford County	Filed
10-17-96	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		Cressler's Grocery Store 1075 W. King Street Shippensburg Franklin County	Approved
10-18-96	Twin Rivers Community Bank Easton Northampton County		1003 W. Broad St. Bethlehem Lehigh County	Approved
10-21-96	Premier Bank Doylestown Bucks County		Southampton Shopping Center 516 Second Street Pike Southampton Bucks County	Filed

Section 112 Applications

Date	Name of Individual			Action
10-18-96	Howard E. Groff to acquire up to 15% of the common stock of Sterling Financial Corporation, Lancaster			Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Branch Applications

Date	Name of Credit Union		Location	Action
10-18-96	ITE Credit Union Southampton Bucks County		Frankford and Linden Aves. Philadelphia Philadelphia County	Filed
10-21-96	Lee Hospital Credit Union Johnstown Cambria County		Laurel View Village Carpenters Park Road Davidsville Somerset County	Filed

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-1836. Filed for public inspection November 1, 1996, 9:00 a.m.]