2099 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [26 Pa.B. 5998]

       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 3, 1996.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of InstitutionLocationAction
    11-25-96Smithfield Trust Company
    Pittsburgh
    Allegheny County
    20 Stanwix St.
    Suite 650
    Pittsburgh
    Allegheny County
    Commenced Operations
    12-2-96Pennwood Interim Savings Bank
    Pittsburgh
    Allegheny County
    PittsburghApproved
    Subject institution will be utilized to merge with Pennwood Savings Bank, Pittsburgh, and the surviving institution will be acquired by Pennwood Bancorp, Inc., Pittsburgh, a bank holding company in organization.
    12-2-96First County Bank
    Doylestown
    Bucks County
    842 N. Easton Rd.
    Doylestown
    Bucks County
    Commenced Operations

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    11-26-96Union Bank and Trust Company
    Pottsville
    Schuylkill County
    PottsvilleApproved
    Purchase of assets/assumption of liabilities of two branch offices of Pennsylvania National Bank and Trust Company, Pottsville, located at;
    101 North Front Street
    Auburn
    Schuylkill County
    450 West Shamokin Street
    Trevorton
    Northumberland County

    Branch Applications

    DateName of BankLocationAction
    10-28-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    2506 Knights Road
    Bensalem
    Bucks County
    Opened
    10-28-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    2603 Durham Road
    Bristol
    Bucks County
    Opened
    11-18-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    500 Lincoln Highway
    Fairless Hills
    Bucks County
    Opened
    11-18-96East Penn Bank
    Emmaus
    Lehigh County
    6890 Hamilton Blvd.
    Trexlertown
    Lehigh County
    Opened
    11-20-96The York Bank and Trust Company
    York
    York County
    Weis Market
    5140 Simpson Ferry Rd.
    Mechanicsburg
    Cumberland County
    Opened
    11-22-96Apollo Trust Company
    Apollo
    Armstrong County
    Hyde Park Road
    Leechburgh
    Allegheny Township
    Westmoreland County
    Opened
    11-27-96Orrstown Bank
    Orrstown
    Franklin County
    22 S. Hanover St.
    Carlisle
    Cumberland County
    Approved
    11-27-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    1000 Easton Road
    Cheltenham
    Montgomery County
    Filed
    11-27-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    700 York Avenue
    Warminster
    Bucks County
    Filed
    11-27-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    2510 Moreland Road
    Willow Grove
    Montgomery County
    Filed
    11-27-96Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    840 Cottman Avenue
    Philadelphia
    Philadelphia County
    Filed
    12-3-96Peoples Thrift Savings Bank
    Norristown
    Montgomery County
    The Food Court at The Bellevue Hotel
    Broad and Walnut Sts.
    Philadelphia
    Philadelphia County
    Filed

    Branch Consolidation

    DateName of BankLocationAction
    11-27-96S & T Bank
    Indiana
    Indiana County
    At:14 West Long Ave.
    Dubois
    Clearfield County
    Filed
    Into:35 West Scribner Ave.
    Dubois
    Clearfield County

    Branch Discontinuances

    DateName of BankLocationAction
    11-5-96United Bank of Philadelphia
    Philadelphia
    Philadelphia County
    1015 N. Marshall St.
    Philadelphia
    Philadelphia County
    Effective
    11-8-96United Bank of Philadelphia
    Philadelphia
    Philadelphia County
    1321 W. Lindley Ave.
    Philadelphia
    Philadelphia County
    Effective

    Articles of Amendment

    DateName of BankPurposeAction
    11-17-96SEI Trust Company
    Wayne
    Chester County
    To provide for a change in the principal place of business From: 650 East Swedesford Road, Wayne, Chester County, PA 19087; To: 100 Cider Mill Road, Oaks, Montgomery County, PA 19456.Approved and Effective 12-2-96

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 96-2099. Filed for public inspection December 13, 1996, 9:00 a.m.]

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