146 Action on applications  

  • 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

    DateName of CorporationLocationAction
    1-17-97JeffBanks, Inc., Haverford,
       to acquire 100% of the
       voting shares of United Valley
       Bancorp, Inc., Philadelphia
    HaverfordApproved
    Effective
    1-21-97

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    1-17-97Jefferson Bank, Haverford
       and United Valley Bank,
       Philadelphia
       surviving institution--
       Jefferson Bank, Haverford
    HaverfordApproved
    Effective
    1-21-97

    Branch Applications

    DateName of BankLocationAction
    11-25-96BT Management Trust Company
    Johnstown
    Cambria County
    550 Central Avenue
    Johnstown
    Cambria County
    Opened
    1-13-97The Peoples State Bank
    East Berlin
    Adams County
    600 Carlisle Road
    Hanover
    York County
    Opened
    1-14-97First Lehigh Bank
    Walnutport
    Northampton County
    1620 Pond Road
    Allentown
    Lehigh County
    Approved
    1-14-97Beneficial Mutual
       Savings Bank
    Philadelphia
    Philadelphia County
    Clemens Food Market
    Route 413 and
       Doublewoods Road
    Langhorne
    Bucks County
    Approved
    1-14-97Beneficial Mutual
       Savings Bank
    Philadelphia
    Philadelphia County
    Clemens Food Market
    Ridge and Butler Pikes
    Conshohocken
    Montgomery County
    Approved
    1-14-97Sun Bank
    Selinsgrove
    Snyder County
    Old Route 11 and 15
       and Corner of Rte. 17
    Liverpool
    Perry County
    Approved
    1-15-97Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    1000 Easton Road
    Cheltenham
    Montgomery County
    Approved
    1-15-97Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    2510 Moreland Road
    Willow Grove
    Montgomery County
    Approved
    1-15-97Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    700 York Avenue
    Warminster
    Bucks County
    Approved
    1-15-97Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    840 Cottman Avenue
    Philadelphia
    Philadelphia County
    Approved
    1-17-97First Republic Bank
    Philadelphia
    Philadelphia County
    1408 Old York Road
    Abington
    Montgomery County
    Approved
    1-17-97First Republic Bank
    Philadelphia
    Philadelphia County
    Germantown Pike and
       Swede Road
    East Norriton Twp.
    Montgomery County
    Approved
    1-17-97First Star Savings Bank
    Bethlehem
    Lehigh County
    11 North Main St.
    Alburtis
    Lehigh County
    Approved

    SAVINGS ASSOCIATIONS

    Consolidations, Mergers and Absorptions

    DateName of Savings AssociationLocationAction
    1-17-97Tioga Franklin Savings Association,
       Philadelphia, and Wayne Junction
       Savings Association, Ambler
       surviving institution--
       Tioga Franklin Savings Association,
       Philadelphia
    PhiladelphiaFiled

    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.]

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