1986 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 6477]

   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 December 2, 1997.

BANKING INSTITUTIONS

New Charter Applications

Date	Name of Bank		Location	Action
11-26-97	Penn Security Interim    Bank and Trust Company Scranton Lackawanna County		Scranton	Approved
	Subject institution will be utilized to facilitate the acquisition of Penn Security Bank and Trust Company by Penseco Financial Services Corporation, Scranton, a bank holding company in organization.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
11-26-97	Penn Security Bank and    Trust Company, Scranton,    and Penn Security Interim    Bank and Trust Company, Scranton    Surviving Institution--    Penn Security Bank and    Trust Company, Scranton		Scranton	Filed
11-26-97	Northwest Savings Bank Warren Warren County		Warren	Approved
	Purchase of assets/assumption of liabilities of nine branch offices of National City Bank of Pennsylvania, Pittsburgh, located at:
	R. D. 8 Kittanning Armstrong County		14457 Main Street Wattsburg Erie County
	165 Butler Road Kittanning Armstrong County		Main and Park Streets Sykesville Jefferson County
	211 North Main Street Rimersburg Clarion County		Main Street Volant Lawrence County
	Bald Eagle and Madison Sts. Sligo Clarion County		Main Street Marianna Washington County
	Route 555 Weedville Elk County

Branch Applications

Date	Name of Bank		Location	Action
10-20-97	Jefferson Bank Haverford Montgomery County		American and Lehigh Sts. Philadelphia Philadelphia County	Opened
11-12-97	Pennsylvania State Bank Camp Hill Cumberland County		91 Cumberland Parkway Upper Allen Township Cumberland County	Opened
11-12-97	Pennsylvania State Bank Camp Hill Cumberland County		One North Hanover St. Carlisle Cumberland County	Opened
11-12-97	Ambassador Bank of the    Commonwealth Allentown Lehigh County		1605 W. Broad St. Bethlehem Lehigh County	Opened
11-12-97	Jefferson Bank Haverford Montgomery County		3720 Main Street Manayunk Section Philadelphia Philadelphia County	Opened
11-21-97	Orrstown Bank Orrstown Franklin County		625 Norland Avenue Chambersburg Franklin County	Opened
12-1-97	Ambassador Bank of    the Commonwealth Allentown Lehigh County		Saucon Valley Square Wyandotte Street Lower Saucon Twp. Northampton County	Filed

Branch Discontinuances

Date	Name of Bank		Location	Action
11-24-97	Fulton Bank Lancaster Lancaster County		820 South Main St. Akron Lancaster County	Filed

SAVINGS ASSOCIATIONS

Voluntary Liquidation

Date	Name of Association		Action
11-25-97	Old Delancey Building and    Loan Association Aldan Delaware County		Articles of Dissolution filed in the Department of State. Corporate existence terminated.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1986. Filed for public inspection December 12, 1997, 9:00 a.m.]