305 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 1050]

       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 18, 1997.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of Bank LocationAction
    2-12-97Susquehanna Interim Bank
    Bryn Mawr
    Montgomery County
     Bryn MawrFiled
    Application to charter an interim bank will be used to facilitate the acquisition of Founders' Bank, Bryn Mawr, by Susquehanna Bancshares, Inc., Lititz.
    2-13-97Patriot Interim Bank
    Pottstown
    Montgomery County
     PottstownApproved
    Application to charter an interim commercial bank will be used to facilitate the conversion of Patriot Bank, Pottstown, from a Federally-chartered savings bank to a State-chartered commercial bank.

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    2-12-97S & T Bank, Indiana, and
       Peoples Bank of Unity,
       Pittsburgh
       surviving institution--
       S & T Bank, Indiana
     IndianaApproved
    2-13-97Patriot Interim Bank, Pottstown,
       and Patriot Bank, Pottstown
       surviving institution--
       Patriot Interim Bank, Pottstown
     PottstownFiled

    Branch Applications

    DateName of Bank LocationAction
    2-13-97Harris Savings Bank
    Harrisburg
    Dauphin County
     635 N. 12th Street
    Lemoyne
    Cumberland County
    Approved
    2-18-97Abington Savings Bank
    Jenkintown
    Montgomery County
     1432 Easton Road
    Warrington
    Bucks County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    12-14-96The York Bank and
       Trust Company
    York
    York County
    To:4202 Valley Green
    Etters
    York County
    Effective
    From:36 Robin Hood Drive
    Etters
    York County
    2-10-97Sun Bank
    Selinsgrove
    Snyder County
    To:Corner of Routes 11
       and 15 and Kessler Ave.
    Shamokin Dam
    Snyder County
    Filed
    From:Routes 11 and 15
    Shamokin Dam
    Snyder County

    Branch Discontinuances

    DateName of Bank LocationAction
    2-11-97Northern Central Bank
    Williamsport
    Lycoming County
     Main Street (Rte. 35)
    Richfield
    Juniata County
    Filed
    2-13-97Summit Bank
    Bethlehem
    Northampton County
     3933 Freemansburg Ave.
    Bethlehem
    Northampton County
    Approved

    Articles of Amendment

    DateName of Bank PurposeAction
    2-13-97Centre Square Trust Company
    Philadelphia
    Philadelphia County
     To amend and restate in their entirety the Articles of Incorporation to provide for the existence henceforth of the institution as a bank and trust company.Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    Consolidations, Mergers and Associations

    DateName of Association LocationAction
    2-18-97Tioga-Franklin Savings
       Association, Philadelphia,
    and Wayne Junction Savings
    Association, Ambler
    surviving association--
    Tioga-Franklin Savings
    Association, Philadelphia
     PhiladelphiaApproved

    CREDIT UNION

    Branch Applications

    DateName of Credit Union LocationAction
    2-3-97Lee Hospital Credit Union
    Johnstown
    Cambria County
     Laurel View Village
    Carpenters Park Road
    Davidsville
    Somerset County
    Opened

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-305. Filed for public inspection February 28, 1997, 9:00 a.m.]

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