DEPARTMENT OF BANKING Action on Applications [29 Pa.B. 1401] 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 March 2, 1999.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 3-1-99 ACNB Corporation, Gettysburg,
to acquire 100% of the voting
shares of Farmers National
Bancorp, Inc., Newville, and
indirectly Farmers National
Bank of NewvilleGettysburg Effective New Charter Applications Date Name of Bank Location Action 2-26-99 Community Bank of Chester County
Exton
Chester County629 N. Pottstown Pike
Exton
Chester CountyCommenced
BusinessCommunity Bank of Chester County is a wholly-owned subsidiary of CBCC, Inc., Exton, a new Pennsylvania bank holding company. Conversions Date Name of Bank Location Action 2-27-99 First National Bank of Jermyn
Jermyn
Lackawanna County
To:
First Liberty Bank & Trust
Jermyn
Lackawanna CountyJermyn Effective Represents conversion from a Nationally-chartered banking institution to a State-chartered banking institution. Subject bank is a wholly-owned subsidiary of First Liberty Bancorp, Inc., Jermyn, a bank holding company. Branches Acquired by Conversion: 1700 Keyser Avenue
Scranton
Lackawanna County67 Salem Avenue
Carbondale
Lackawanna County210 Church Street
Jessup
Lackawanna CountyRoute 502
Daleville
Lackawanna County500 Davis Street
Scranton
Lackawanna CountyConsolidations, Mergers and Absorptions Date Name of Bank Location Action 2-24-99 1st Summit Bank
Johnstown
Cambria CountyJohnstown Approved Purchase of assets/assumptions of
liabilities of two branch offices
of Laurel Bank, Johnstown, located at:117 Route 286
Indiana
Indiana County922 North Philadelphia Avenue
Indiana
*Indiana County*Upon consummation of the transaction, the Philadelphia Avenue branch office will be consolidated in the Route 286 office. 2-27-99 Marine Midland Bank,
Buffalo, New York, and
First Commercial Bank of
Philadelphia, Philadelphia,
Pennsylvania
Surviving Institution--
Marine Midland Bank,
Buffalo, New YorkBuffalo, New York Effective 2-27-99 First Liberty Bank & Trust,
Jermyn, and NBO National Bank,
Olyphant
Surviving Institution--
First Liberty Bank & Trust
JermynJermyn Effective Branches Acquired by Merger: 128 Lackawanna Street
Olyphant
Lackawanna County45 South Main Street
Pittston
Luzerne County1300 Wyoming Avenue
Scranton
Lackawanna CountyBranch Applications Date Name of Bank Location Action 2-25-99 Elderton State Bank
Elderton
Armstrong CountyWater Street and
and Route 85
Rural Valley
Armstrong CountyApproved Branch Discontinuances Date Name of Bank Location Action 2-27-99 Fulton Bank
Lancaster
Lancaster County38 E. Roseville Rd.
Lancaster
Lancaster CountyEffective Articles of Amendment Date Name of Bank Purpose Action 3-2-99 USBANCORP Trust Company
Johnstown
Cambria CountyTo amend Article One of the
Articles of Incorporation to
provide for a change in
corporate title to ''USBANCORP
Trust and Financial Services Company.''Approved
and
EffectiveSAVINGS ASSOCIATIONS CONVERSIONS Date Name of Association Location Action 2-26-99 American Eagle Savings and
Loan Association
Boothwyn
Delaware County
To:
American Eagle Savings Bank
Boothwyn
Delaware CountyBoothwyn Effective Represents conversion from a Pennsylvania State-chartered mutual savings association to a Federally-chartered mutual savings bank. CREDIT UNIONS Consolidations, Mergers and Absorptions Date Name of Credit Union Location Action 3-2-99 Philadelphia Telco Credit
Union, Trevose, and
Air Shields Employees
Credit Union, Hatboro
Surviving Institution--
Philadelphia Telco Credit
Union, TrevoseTrevose Filed RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 99-411. Filed for public inspection March 12, 1999, 9:00 a.m.]