2128 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 6549]

       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 20, 2001.

    BANKING INSTITUTIONS

    Mutual Holding Company Reorganizations

    DateName of InstitutionLocationAction
    11-13-01PHS Bancorp, M.H.C.
    Beaver Falls
    Beaver County
    Beaver FallsApproved
    Application represents the reorganization/conversion of the mutual holding company into a new Commonwealth stock holding company to be known as ''PHSB Financial Corporation.''

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    11-14-01The Peoples State Bank,
       East Berlin, and Community
       Banks, N.A., Millersburg
       Surviving institution--
       The Peoples State Bank,
       East Berlin, with a change
       in corporate name and location
       to Community Banks, Millersburg
    East BerlinFiled

    Branch Applications

    DateName of BankLocationAction
    11-14-01Royal Bank of Pennsylvania
    Narberth
    Montgomery County
    1650 Grant Avenue
    Philadelphia
    Philadelphia County
    Filed

    Branch Discontinuances

    DateName of BankLocationAction
    11-14-01Fulton Bank
    Lancaster
    Lancaster County
    Weaver's Market
    Routes 272 and 897
    Adamstown
    Lancaster County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 01-2128. Filed for public inspection November 30, 2001, 9:00 a.m.]

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