505 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 1590]

       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 13, 2001.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    3-8-01Community Bank System, Inc.,
       DeWitt, New York, to acquire
       100% of First Liberty Bank
       Corp., Jermyn PA, and
       thereby indirectly acquire
       First Liberty Bank and Trust,
       Jermyn, PA
    DeWitt, NYFiled

    New Charter Applications

    DateName of BankLocationAction
    3-13-01Embassy Bank for the
       Lehigh Valley
    Bethlehem
    Hanover Township
    Northampton County
    Bethlehem
    Hanover Township
    Northampton County
    Filed
    Correspondent:
    David M. Lobach, Jr.
    6932 Kings Highway South
    Zionsville, PA 18092

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    3-12-01First Penn Bank, Philadelphia,
       and IGA Federal Savings,
       Feasterville
       Surviving Institution--
       First Penn Bank, Philadelphia
    PhiladelphiaFiled

    Branch Applications

    DateName of BankLocationAction
    3-9-01Leesport Bank
    Leesport
    Berks County
    237 Route 61 South
    Schuylkill Haven
    North Manheim Township
    Schuylkill County
    Filed
    3-12-01The Fidelity Deposit and
       Discount Bank
    Dunmore
    Lackawanna County
    247 Wyoming Avenue
    Kingston
    Luzerne County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 01-505. Filed for public inspection March 23, 2001, 9:00 a.m.]

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