1908 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 5780]

   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 10, 1998.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
11-4-98	First Commonwealth Financial    Corporation, Indiana, to    acquire 100% of the voting    shares of Southwest National    Corporation, Greensburg, and    indirectly Southwest National    Bank of Pennsylvania, Greensburg		Indiana	Approved
11-6-98	ACNB Corporation, Gettysburg, to    acquire 100% of the voting shares    of Farmers National Bancorp, Inc.,    Newville, and indirectly Farmers    National Bank of Newville, Newville		Gettsyburg	Filed

Bank Holding Company Reorganization
(Charter/Merger)

Date	Name of Institution/Corporation		Location	Action
11-6-98	Peoples Home Interim Savings Bank Beaver Falls Beaver County		Beaver Falls	Approved Effective 11-9-98
11-6-98	Peoples Home Savings Bank,    Beaver Falls, and Peoples    Home Interim Savings Bank,    Beaver Falls    Surviving Institution--    Peoples Home Savings Bank,    Beaver Falls		Beaver Falls	Approved Effective 11-9-98
	Above transactions are being effected solely in connection with the two-tier reorganization of PHS Bancorp, M.H.C., Beaver Falls.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
11-2-98	Three Rivers Bank and    Trust Company Jefferson Borough Allegheny County		Jefferson Borough	Filed
	Purchase of assets/assumption of liabilities of one branch office of First Western Bank, N.A., New Castle, Located at:
	451 Hyde Park Road Leechburg Westmoreland County
11-2-98	U. S. Bank Johnstown Cambria County		Johnstown	Filed
	Purchase of assets/assumption of liabilities of two branch offices of First Western Bank, N. A., New Castle, Located at:
	103 Tenth Street Barnesboro Cambria County		104 South Center Street Ebensburg Cambria County

Branch Applications

Date	Name of Bank		Location	Action
10-26-98	Harris Savings Bank Harrisburg Dauphin County		Martin's/Giant    Food Store 1729 Dual Highway Hagerstown Washington County Maryland	Opened
10-30-98	Berks County Bank Reading Berks County		601 Penn Street Reading Berks County	Opened
10-30-98	Parkvale Savings Bank Monroeville Allegheny County		307 Fourth Avenue Pittsburgh Allegheny County	Opened
11-2-98	Abington Savings Bank Jenkintown Montgomery County		101 Ft. Washington Ave. Fort Washington Montgomery County	Filed
11-2-98	Abington Savings Bank Jenkintown Montgomery County		667 Welsh Road Lower Moreland Twp. Montgomery County	Filed
11-4-98	Northwest Savings Bank Warren Warren County		2296 South Market St. Elizabethtown Lancaster County	Approved
11-4-98	Northwest Savings Bank Warren Warren County		922 Columbia Avenue Lancaster Lancaster County	Approved
11-4-98	Northwest Savings Bank Warren Warren County		201 West Main St. New Holland Lancaster County	Approved
11-4-98	Northwest Savings Bank Warren Warren County		1195 Manheim Pike Lancaster Lancaster County	Approved

Branch Relocations

Date	Name of Bank		Location	Action
11-4-98	Lafayette Ambassador Bank Easton Northampton County	To:	60 West Broad Street Bethlehem Northampton County	Filed
		From:	231 East Broad Street Bethlehem Northampton County
11-6-98	Lebanon Valley Farmers Bank Lebanon Lebanon County	To:	Palmyra Shopping Center 901 East Main St. Palmyra Lebanon County	Filed
		From:	41 North Londonderry Square Palmyra North Londonderry Twp. Lebanon County

Branch Discontinuances

Date	Name of Bank		Location	Action
11-2-98	Three Rivers Bank and    Trust Company Jefferson Borough Allegheny County		914 Narrows Run Road Coraopolis Allegheny County	Filed
11-6-98	U. S. Bank Johnstown Cambria County		180 St. Mary's St. Loretto Cambria County	Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-1908. Filed for public inspection November 20, 1998, 9:00 a.m.]