216 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 811]

       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 February 4, 1997.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    1-31-97Keystone Financial, Inc.,
       Harrisburg, to acquire
       100% of the voting shares
       of Financial Trust Corp.,
       Carlisle
    HarrisburgFiled
    2-3-97Carnegie Bancorp, Princeton,
       New Jersey, to acquire 100%
       of the voting shares of
       Regent Bancshares Corp.,
       Philadelphia, PA
    Princeton, NJWithdrawn

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    1-30-97Mifflinburg Bank and
       Trust Company
    Mifflinburg
    Union County
    MifflinburgFiled
    Purchase of assets/assumption of liabilities of one branch office of Northern Central Bank, Williamsport, located at:
    Route 35
    Richfield
    Juniata County
    1-31-97Sun Bank, Selinsgrove,
       and Bucktail Bank and
       Trust Company, Emporium
       surviving institution--
       Sun Bank, Selinsgrove
    SelinsgroveFiled

    Branch Applications

    DateName of BankLocationAction
    1-23-97Mercer County State Bank
    Sandy Lake
    Mercer County
    115 W. Adams Street
    Cochranton
    Crawford County
    Opened
    1-29-97Dauphin Deposit Bank and
       Trust Company
    Harrisburg
    Dauphin County
    Rossmoyne Business
       Center
    Ritter Road
    Mechanicsburg
    Cumberland County
    Approved
    1-29-97Harris Savings Bank
    Harrisburg
    Dauphin County
    6301 Grayson Road
    Harrisburg
    Swatara Township
    Dauphin County
    Approved
    1-30-97Peoples Thrift Savings Bank
    Norristown
    Montgomery County
    Bellevue Hotel
    Broad and Walnut Sts.
    Philadelphia
    Philadelphia County
    Approved
    1-30-97Harris Savings Bank
    Harrisburg
    Dauphin County
    635 N. 12th St.
    Lemoyne
    Cumberland County
    Filed
    1-30-97Orrstown Bank
    Orrstown
    Franklin County
    22 S. Hanover St.
    Carlisle
    Cumberland County
    Opened

    Branch Relocations

    DateName of BankLocationAction
    1-29-97Franklin First Savings Bank
    Wilkes-Barre
    Luzerne County
    To:815 Kidder Street
    Wilkes-Barre
    Luzerne County
    Approved
    From:685 Kidder Street
    Wilkes-Barre
    Luzerne County
    2-3-97Fayette Bank
    Uniontown
    Fayette County
    To:3539 Washington Rd.
    McMurray
    Washington County
    Filed
    From:3870 Washington Rd.
    McMurray
    Washington County

    Branch Consolidations

    DateName of BankLocationAction
    2-3-97Jefferson Bank
    Haverford
    Montgomery County
    Into:401 City Line Ave.
    Bala Cynwyd
    Montgomery County
    Filed
    From:100 Presidential Blvd. N.
    Bala Cynwyd
    Montgomery County
    2-3-97Jefferson Bank
    Haverford
    Montgomery County
    Into:Old York Road and
       Washington Lane
    Jenkintown
    Montgomery County
    Filed
    From:616 Old York Road
    Jenkintown
    Montgomery County

    Branch Discontinuances

    DateName of BankLocationAction
    1-31-97Mid-State Bank and
       Trust Company
    Altoona
    Blair County
    1935 Daisy Street
    Clearfield
    Clearfield County
    Filed

    Articles of Amendment

    DateName of BankPurposeAction
    2-4-97Peoples Bank of Glen Rock
    Glen Rock
    York County
    To provide for a change in corporate title
    to ''PeoplesBank, A Cordorus Valley Company.''
    Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-216. Filed for public inspection February 14, 1997, 9:00 a.m.]

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