DEPARTMENT OF BANKING Action on Applications [27 Pa.B. 587] 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 January 21, 1997.
BANKING INSTITUTIONS Holding Company Acquisition Date Name of Corporation Location Action 1-17-97 JeffBanks, Inc., Haverford,
to acquire 100% of the
voting shares of United Valley
Bancorp, Inc., PhiladelphiaHaverford Approved
Effective
1-21-97Consolidations, Mergers and Absorptions Date Name of Bank Location Action 1-17-97 Jefferson Bank, Haverford
and United Valley Bank,
Philadelphia
surviving institution--
Jefferson Bank, HaverfordHaverford Approved
Effective
1-21-97Branch Applications Date Name of Bank Location Action 11-25-96 BT Management Trust Company
Johnstown
Cambria County550 Central Avenue
Johnstown
Cambria CountyOpened 1-13-97 The Peoples State Bank
East Berlin
Adams County600 Carlisle Road
Hanover
York CountyOpened 1-14-97 First Lehigh Bank
Walnutport
Northampton County1620 Pond Road
Allentown
Lehigh CountyApproved 1-14-97 Beneficial Mutual
Savings Bank
Philadelphia
Philadelphia CountyClemens Food Market
Route 413 and
Doublewoods Road
Langhorne
Bucks CountyApproved 1-14-97 Beneficial Mutual
Savings Bank
Philadelphia
Philadelphia CountyClemens Food Market
Ridge and Butler Pikes
Conshohocken
Montgomery CountyApproved 1-14-97 Sun Bank
Selinsgrove
Snyder CountyOld Route 11 and 15
and Corner of Rte. 17
Liverpool
Perry CountyApproved 1-15-97 Summit Bank
Bethlehem
Northampton CountyPathmark Supermarket
1000 Easton Road
Cheltenham
Montgomery CountyApproved 1-15-97 Summit Bank
Bethlehem
Northampton CountyPathmark Supermarket
2510 Moreland Road
Willow Grove
Montgomery CountyApproved 1-15-97 Summit Bank
Bethlehem
Northampton CountyPathmark Supermarket
700 York Avenue
Warminster
Bucks CountyApproved 1-15-97 Summit Bank
Bethlehem
Northampton CountyPathmark Supermarket
840 Cottman Avenue
Philadelphia
Philadelphia CountyApproved 1-17-97 First Republic Bank
Philadelphia
Philadelphia County1408 Old York Road
Abington
Montgomery CountyApproved 1-17-97 First Republic Bank
Philadelphia
Philadelphia CountyGermantown Pike and
Swede Road
East Norriton Twp.
Montgomery CountyApproved 1-17-97 First Star Savings Bank
Bethlehem
Lehigh County11 North Main St.
Alburtis
Lehigh CountyApproved SAVINGS ASSOCIATIONS Consolidations, Mergers and Absorptions Date Name of Savings Association Location Action 1-17-97 Tioga Franklin Savings Association,
Philadelphia, and Wayne Junction
Savings Association, Ambler
surviving institution--
Tioga Franklin Savings Association,
PhiladelphiaPhiladelphia Filed CREDIT UNIONS No activity. RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 97-146. Filed for public inspection January 31, 1997, 9:00 a.m.]