453 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[33 Pa.B. 1368]

   The Department of Banking, 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, 2003.

BANKING INSTITUTIONS

Conversions

Date	Name of Institution		Location	Action
2-28-03	Ambler Savings and Loan    Association Ambler Montgomery County          To: Ambler Savings Bank Ambler Montgomery County		155 E. Butler Ave. Ambler Montgomery County	Effective
	Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
2-28-03	Clearfield Interim Bank and    Trust Company, Clearfield,    and Clearfield Bank & Trust    Company, Clearfield    Surviving Institution--    Clearfield Interim Bank and    Trust Company, with a change    in name to Clearfield Bank &    Trust Company, Clearfield		Clearfield	Effective
	Merger being effected solely to effect the acquisition of Clearfield Bank & Trust Company by CBT Financial Corp., Clearfield, a newly formed bank holding company.

Branch Applications

Date	Name of Bank		Location	Action
2-28-03	Beneficial Mutual    Savings Bank Philadelphia Philadelphia County		1520 Cecil B.    Moore Avenue Philadelphia Philadelphia County	Filed

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
11-15-02	Beneficial Mutual    Savings Bank Philadelphia Philadelphia County	Into:	1600 Chestnut St. Philadelphia Philadelphia County	Effective
		From:	15 and Market Streets Philadelphia Philadelphia County
11-15-02	Beneficial Mutual    Savings Bank Philadelphia Philadelphia County	To:	267 Main Street Exton Chester County	Effective
		From:	470 John Young Way Exton Chester County
3-4-03	Citizens Bank of    Pennsylvania Philadelphia Philadelphia County		Consolidation of 11 branch offices with and into existing branch offices	Approved
	Consolidating:		Continuing Location:
	3531 West Chester Pike Newton Square Delaware County	To:	3514 West Chester Pike Newton Square Delaware County
	201 Second Ave., Ste. 100 Collegeville Montgomery County	To:	222 West Main Street Collegeville Montgomery County
	638 East Main Street Lansdale Montgomery County	To:	25 East Main Street Lansdale Montgomery County
	521 West Main Street Lansdale Montgomery County	To:	25 East Main Street Lansdale Montgomery County
	200 W. Ridge Pike, Ste. 108 Conshohocken Montgomery County	To:	202 West Ridge Pike Conshohocken Montgomery County
	7425 Frankford Avenue Philadelphia Philadelphia County	To:	7327 Frankford Avenue Philadelphia Philadelphia County
	3745 Aramingo Avenue Philadelphia Philadelphia County	To:	3500 Aramingo Avenue Philadelphia Philadelphia Coumty
	30 South 15th Street Philadelphia Philadelphia County	To:	1515 Market Street Philadelphia Philadelphia County
	61 East Germantown Pike East Norriton Montgomery County	To:	5 West Germantown Pike East Norriton Montgomery County
	6331 Castor Avenue Philadelphia Philadelphia County	To:	6537 Castor Avenue Philadelphia Philadelphia County
	6301 Oxford Avenue Philadelphia Philadelphia County	To:	6537 Castor Avenue Philadelphia Philadelphia County

Voluntary Dissolution

Date	Name of Bank		Action
2-28-03	ADP Savings Association Fort Washington Montgomery County	Certificate of Election for Voluntary Dissolution filed. Effective as of close of business February 28, 2003.

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

A. WILLIAM SCHENCK, III,   
Acting Secretary

[Pa.B. Doc. No. 03-453. Filed for public inspection March 14, 2003, 9:00 a.m.]