351 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 1233]

       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 February 23, 1999.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of BankLocationAction
    2-17-99The Legacy Bank of Harrisburg
    Harrisburg
    Dauphin County
    2600 Commerce Drive
    Harrisburg
    Susquehanna Township
    Dauphin County
    Filed
    Correspondent:
    Robin M. Wilder, Esq.
    Duane, Morris & Heckscher, LLP
    305 North Front Street
    Harrisburg, PA 17108

    Foreign Bank Organization Offices

    DateName of BankLocationAction
    2-19-99Bank Hapoalim, B. M.
    50 Rothschild Boulevard
    Tel Avis, Israel
    1515 Market St.
    Suite 205
    Philadelphia
    Philadelphia County
    Discontinued

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    2-12-99U. S. Bank
    Johnstown
    Cambria County
    JohnstownEffective
    Purchase of assets/assumption of liabilities of two branch offices of First Western Bank, N. A., New Castle, located at:
    103 Tenth Street
    Barnesboro
    Cambria County
    104 South Center Street
    Ebensburg
    Cambria County
    2-16-99Three Rivers Bank and
       Trust Company
    Jefferson Borough
    Allegheny County
    Jefferson BoroughEffective
    Purchase of assets/assumption of liabilities of one branch office of First Western Bank, N. A., New Castle, located at:
    451 Hyde Park Road
    Leechburg
    Westmoreland County

    Branch Applications

    DateName of BankLocationAction
    2-17-99Harris Savings Bank
    Harrisburg
    Dauphin County
    33 S. Main Street
    Chambersburg
    Franklin County
    Approved
    2-18-99Harris Savings Bank
    Harrisburg
    Dauphin County
    Martin's/Giant Food
    1580 Wesel Boulevard
    Hagerstown
    Washington Co., Maryland
    Opened
    2-18-99Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    25 W. Germantown Pike
    Norristown
    Montgomery County
    Opened
    2-19-99Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    840 Cottman Avenue
    Philadelphia
    Philadelphia County
    Authorization Rescinded
    2-19-99Union Bank and
      Trust Company
    Pottsville
    Schuylkill County
    Redner's Market
    Gold Star Highway
    Shenandoah
    Schuylkill County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    2-17-99Harris Savings Bank
    Harrisburg
    Dauphin County
    To:3556 Old Gettysburg Rd.
    Lower Allen Township
    Cumberland County
    Filed
    From:3555 Capital City Mall
    Lower Allen Township
    Cumberland County
    2-17-99Harris Savings Bank
    Harrisburg
    Dauphin County
    To:2700 Queen Street
    (S. Queen & Allegheny Dr.)
    York Township
    York County
    Filed
    From:2081 Springwood Road
    York Township
    York County

    Branch Discontinuances

    DateName of BankLocationAction
    2-12-99Three Rivers Bank and
       Trust Company
    Jefferson Borough
    Allegheny County
    914 Narrows Run Rd.
    Coraopolis
    Allegheny County
    Effective
    2-17-99S & T Bank
    Indiana
    Indiana County
    Route 28 and
    Carrier Street
    Summerville
    Jefferson County
    Approved

    Articles of Amendment

    DateName of BankPurposeAction
    2-22-99Patriot Bank
    Pottstown
    Montgomery County
    To provide for the amendment to Article Third providing for the acquisition of fiduciary powers.Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    2-16-99Members 1st Federal Credit
       Union, Mechanicsburg, and
       Iceberg Credit Union, Emigsville
       Surviving Institution--
       Members 1st Federal Credit
       Union, Mechanicsburg
    MechanicsburgFiled

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    2-22-99Utilities Employee
       Credit Union
    Sinking Spring
    Berks County
    To provide for a revision to Article 8 permitting the Board of Directors to approve the addition of a new group to the field of membership, as provided by law and with prior approval of the Department of Banking, without the need to call a Special Meeting of Members.Approved
    and
    Effective

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 99-351. Filed for public inspection March 5, 1999, 9:00 a.m.]

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