516 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[33 Pa.B. 1489]

   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 11, 2003.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
3-11-03	Univest Corporation of Pennsylvania,    Souderton, to indirectly acquire    100% of the voting shares of First    County Bank, Doylestown, via the    merger of First County Bank with    and into Univest National Bank and    Trust Company, Souderton, wholly    owned subsidiary of Univest    Corporation of Pennsylvania		Souderton	Approved
3-6-03	Sun Bancorp, Inc., Lewisburg, to    acquire 100% of the voting shares of    Steelton Bancorp, Inc., Steelton		Lewisburg	Filed

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
2-25-03	National Penn Bank, Boyertown, and    FirstService Bank, Doylestown    Surviving Institution--National    Penn Bank, Boyertown		Boyertown	Effective
3-6-03	Sun Bank, Lewisburg, and Mechanics    Savings Bank, Steelton    Surviving Institution--Sun Bank,    Lewisburg		Lewisburg	Filed

Branch Applications

Date	Name of Bank		Location	Action
3-6-03	Fulton Bank Lancaster Lancaster County		U.S. Route 1 East Concord Township Delaware County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
2-27-03	Beneficial Mutual Savings Bank Philadelphia Philadelphia County	To:	267 Main Street Exton Chester County	Effective
		From:	470 John Young Way Exton Chester County
	(Note:  Effective date corrected from previous Summary.)
3-11-03	Fulton Bank Lancaster Lancaster County	To:	Route 1 and School House Road East Marlborough Twp. Chester County	Approved
		From:	863 East Baltimore Pike East Marlborough Twp. Chester County

SAVINGS INSTITUTIONS

Main Office Relocation

Date	Name of Association		Location	Action
3-11-03	Washington Savings Association Philadelphia Philadelphia County	To:	Route 1 and School House Rd. East Marlborough Twp. Chester County	Approved
		From:	863 East Baltimore Pike East Marlborough Twp. Chester County

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
3-11-03	Superior Credit Union, Collegeville,    and ARE Federal Credit Union,    Royersford    Surviving Institution--Superior    Credit Union, Collegeville		Collegeville	Filed

A. WILLIAM SCHENCK, III,   
Acting Secretary

[Pa.B. Doc. No. 03-516. Filed for public inspection March 21, 2003, 9:00 a.m.]