448 Action of applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [26 Pa.B. 1276]

       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 12, 1996.

    BANKING INSTITUTIONS

    Bank Holding Company Acquisition

    DateName of CorporationLocationAction
    3-7-96BT Financial Corporation,
       Johnstown, to acquire 100%
    of the voting shares of
    Moxham Bank Corporation,
    Johnstown
       JohnstownFiled
    3-11-96Carnegie Bancorp, Princeton,
       NJ, to acquire 100%
    of the voting shares of
    Regent Bancshares Corp.,
    Philadelphia, PA
       Princeton, NJFiled

    Charter Applications

    DateName of BankLocationAction
    3-11-96Suburban Community Bank
    Holland
    Bucks County
    130 Buck Road
    Holland
    Bucks County
    Filed
    Correspondent:
    Frederick W. Dreher, Esq.
    Duane, Morris & Heckscher
    One Liberty Place
    Philadelphia, PA 19103-7396
    3-11-96Pocono Community Bank
    Stroudsburg
    Monroe County
    559 Main Street
    Stroudsburg
    Monroe County
    Filed
    Correspondent:
    John B. Lampi, Esq.
    Schnader, Harrison, Segal & Lewis
    30 N. Third Street
    Harrisburg, PA 17101-1713

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    3-7-96Johnstown Bank and Trust
       Company, Johnstown, and
    The Moxham National Bank
    of Johnstown, Johnstown, and
    The First National Bank of
    Garrett, Garrett
    surviving institution--
    Johnstown Bank and Trust
       Company, Johnstown
       JohnstownFiled

    Branch Applications

    DateName of BankLocationAction
    3-6-96Wayne Bank
    Honesdale
    Wayne County
    Wal-Mart SuperCenter
    Brown and Lincoln Sts.
    East Stroudsburg
    Monroe County
    Filed

    Branch Discontinuances

    DateName of BankLocationAction
    2-29-96Mid-State Bank and
       Trust Company
    Altoona
    Blair County
    Route 869
    New Enterprise
    Bedford County
    Effective

    SAVINGS ASSOCIATIONS

    Branch Applications

    DateName of AssociationLocationAction
    3-6-96First Financing Savings
       Association
    Downingtown
    Chester County
    82 Quarry Road
    Downingtown
    Chester County
    Filed

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 96-448. Filed for public inspection March 22, 1996, 9:00 a.m.]

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