2135 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 6344]

   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 7, 1999.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
12-1-99	NBT Bancorp, Inc., Norwich, New    York, to acquire 100% of the voting shares of Lake Ariel Bancorp, Inc., Lake Ariel, Pennsylvania, and thereby indirectly acquire LA Bank, National Association, Lake Ariel, PA		Norwich, NY	Approved

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
12-1-99	First Union National Bank,    Charlotte, NC, and Meridian Trust Company, Reading, PA Surviving Institution--First Union National Bank, Charlotte, NC		Charlotte, NC	Effective

Branch Applications

Date	Name of Bank		Location	Action
12-2-99	East Penn Bank Emmaus Lehigh County		Emmaus High School 851 North Street Emmaus Lehigh County	Opened
12-3-99	Mauch Chunk Trust Company Jim Thorpe Carbon County		1202 North Street Jim Thorpe Carbon County	Approved
12-3-99	The Drovers & Mechanics Bank York York County		30 West Patrick St. Frederick Frederick County, MD	Approved
12-6-99	The Glen Rock State Bank Glen Rock York County		3090 Cape Horn Road Red Lion York County	Approved

Articles of Amendment

Date	Name of Bank		Purpose	Action
12-1-99	Meridian Trust Company Reading Berks County		Amendment to Article Three provides for a change in the purpose clause to that of a bank and trust company.	Effective

SAVINGS ASSOCIATIONS

   No activity.

CREDIT UNIONS

Conversions

Date	Name of Credit Union		Location	Action
12-1-99	Atlantic Employees Federal    Credit Union Newtown Square Delaware County       To: Atlantic Credit Union Newtown Square Delaware County		16 Campus Boulevard Newtown Square Delaware County	Effective
	Represents conversion from a Federally-chartered credit union to a State-chartered credit union.

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
12-1-99	Philadelphia District Railway    Postal Clerks Federal Credit Union, Philadelphia, and Mutual Credit Union, Philadelphia Surviving Institution--Philadelphia District Railway Postal Clerks Federal Credit Union, Philadelphia		Philadelphia	Effective
12-2-99	Atlantic Credit Union,    Newtown Square, and P.S.W.C. Employees Credit Union, Bryn Mawr Surviving Institution--Atlantic Credit Union, Newtown Square		Newtown Square	Approved

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-2135. Filed for public inspection December 17, 1999, 9:00 a.m.]