DEPARTMENT OF BANKING Action on Applications [32 Pa.B. 5964] The Department of Banking, 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 26, 2002.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 11-18-02 Fidelity Bancorp, Inc.,
Pittsburgh, to acquire 100% of
First Pennsylvania Savings
Association, PittsburghPittsburgh Approved 11-21-02 Franklin Financial Services
Corporation, Chambersburg,
to acquire up to 23.5% of the
voting shares of American
Home Bank, National Association,
LancasterChambersburg Approved Consolidations, Mergers and Absorptions Date Name of Bank Location Action 11-18-02 Fidelity Savings Bank,
Pittsburgh, and First
Pennsylvania Savings
Association, Pittsburgh
Surviving Institution--
Fidelity Savings Bank, PittsburghPittsburgh Approved Branch Applications Date Name of Bank Location Action 11-18-02 Community Banks
Millersburg
Dauphin County4501 Hanover Pike
Manchester
Carroll County, MDOpened 11-18-02 The Peoples Bank of
Oxford
Oxford
Chester County1138 Georgetown Road
Georgetown
Bart Township
Lancaster CountyOpened SAVINGS INSTITUTIONS Conversions Date Name of Association Location Action 11-18-02 First Pennsylvania Savings
Association
Pittsburgh
Allegheny CountyPittsburgh Approved Represents conversion from a State-chartered mutual savings association to a State-chartered permanent reserve fund stock savings association. CREDIT UNIONS Consolidations, Mergers and Absorptions Date Name of Credit Union Location Action 11-19-02 Atlantic Credit Union,
Newtown Square, PA, and
UFCW Local 56 Federal Credit
Union, Pennsauken, NJ
Surving Institution--
Atlantic Credit Union,
Newtown Square, PANewtown Square Approved PAUL H. WENTZEL, Jr.,
Acting Secretary[Pa.B. Doc. No. 02-2175. Filed for public inspection December 6, 2002, 9:00 a.m.]