409 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 1371]

       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 4, 1997.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    2-26-97Mifflinburg Bank and
       Trust Company
    Mifflinburg
    Union County
     MifflinburgApproved
    Purchase of assets/assumption
    of liabilities of one branch
    office of Northern Central Bank,
    Williamsport, located at:
    Main Street (Route 35)
    Richfield
    Juniata County

    Mutual Holding Company Reorganization

    DateName of Bank LocationAction
    2-28-97Peoples Home Savings Bank
    Beaver Falls
    Beaver County
     Beaver FallsFiled
    Application represents reorganization into a mutual holding company to be known as ''PHS Bancorp, M.H.C.,'' Beaver Falls.

    Branch Applications

    DateName of Bank LocationAction
    6-24-96Founders' Bank
    Bryn Mawr
    Montgomery County
     15 East Gay Street
    West Chester
    Chester County
    Opened
    3-3-97Franklin First
       Savings Bank
    Wilkes-Barre
    Luzerne County
     15 S. Franklin St.
    Wilkes-Barre
    Luzerne County
    (Trust Dept. Branch)
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    2-28-97Johnstown Bank and Trust
       Company
    Johnstown
    Cambria County
    To:Corner of Rambler Dr.
       and Route 356
    Sarver
    Butler County
    Filed
    From:111 South Pike Road
    Sarver
    Butler County
    3-3-97Fayette Bank
    Uniontown
    Fayette County
    To:3539 Washington Rd.
    McMurray
    Washington County
    Approved
    From:3870 Washington Rd.
    McMurray
    Washington County
    3-3-97Sun Bank
    Selinsgrove
    Snyder County
    To:Corner of Routes
       11 and 15 and
       Kessler Avenue
    Shamokin Dam
    Snyder County
    Approved
    From:Routes 11 and 15
    Shamokin Dam
    Snyder County

    Branch Discontinuances

    DateName of Bank LocationAction
    2-26-97Northern Central Bank
    Williamsport
    Lycoming County
     Main Street (Rte. 35)
    Richfield
    Juniata County
    Approved

    SAVINGS ASSOCIATIONS

    Consolidations, Mergers and Absorptions

    DateName of Association LocationAction
    2-28-97Tioga-Franklin Savings
       Association, Philadelphia,
    and Wayne Junction Savings
    Association, Ambler
    surviving institution--
    Tioga-Franklin Savings
    Association, Philadelphia
     PhiladelphiaEffective
    3-4-97Prudential Savings Bank, PaSA
    Philadelphia
    Philadelphia County
     PhiladelphiaApproved
    Purchase of assets/assumption of
    liabilities of two branch offices
    of Roxborough-Manayunk Federal Savings Bank, Philadelphia,
    located at:
    1722 South Broad Street
    Philadelphia
    Philadelphia County
    601 Morgan Avenue
    Drexel Hill
    Delaware County

    Branch Applications

    DateName of Association LocationAction
    1-6-97East Stroudsburg Savings
       Association
    Stroudsburg
    Monroe
     U. S. Highway 209 and
       Edward F. Smith Blvd.
    Bushkill
    Middle Smithfield Twp.
    Monroe County
    Opened

    CREDIT UNIONS

    Conversions

    DateName of Credit Union LocationAction
    2-28-97Plumbers Local # 27 Credit
       Union
    Pittsburgh
    Allegheny County
     PittsburghEffective
          To:
    Plumbers Local # 27 Federal
       Credit Union
    Pittsburgh
    Allegheny County
    Represents conversion from a State-chartered credit union to a Federally-chartered credit union.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-409. Filed for public inspection March 14, 1997, 9:00 a.m.]

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