452 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 1428]

       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 10, 1998.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    3-4-98PSB Interim Bank, East Berlin,
       and the Peoples State Bank,
       East Berlin
       Surviving Institution--
       PSB Interim Bank, East Berlin,
       With a change in corporate title
       to The Peoples State Bank
    East BerlinApproved
    The proposed merger will be effected solely to facilitate the acquisition of The Peoples State Bank, East Berlin, by Community Banks, Inc., Millersburg, a bank holding company.

    Branch Applications

    DateName of BankLocationAction
    8-97Peoples Thrift Savings Bank
    Norristown
    Montgomery County
    Bellevue Hotel
    200 S. Broad St.
    Philadelphia
    Philadelphia County
    Opened
    11-12-97Patriot Bank
    Pottstown
    Montgomery County
    Redner's Supermarket
    703 S. West End Blvd.
    Quakertown
    Bucks County
    Opened
    2-23-98Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Supermarket
    Jeffersonville Shopping
    County
    1930 West Main Street
    Norristown
    Montgomery County
    Opened
    3-5-98Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    2510 Moreland Road
    Willow Grove
    Montgomery County
    Authorization
    Surrendered

    Branch Relocations

    DateName of BankLocationAction
    3-9-98Northwest Savings Bank
    Warren
    Warren County
    To:4270 East Lake Road
    Erie
    Harborcreek Twp.
    Erie County
    Filed
    From:4452 East Lake Road
    Erie
    Harborcreek Twp.
    Erie County

    Branch Discontinuances

    DateName of BankLocationAction
    2-27-98First Commonwealth Bank
    Indiana
    Indiana County
    2032 East Pleasant
    Valley Boulevard
    Altoona
    Blair County
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-452. Filed for public inspection March 20, 1998, 9:00 a.m.]

Document Information