599 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 1844]

   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 April 7, 1998.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
4-6-98	Citizens Bancshares, Inc., Salineville,    Ohio, to acquire 100% of the voting     shares of Century Financial     Corporation, Rochester, PA		Salineville, OH	Filed

New Charter Applications

Date	Name of Bank		Location	Action
4-6-98	Millennium Bank Malvern Chester County		Great Valley Corporate Center 30 Valley Stream Pkwy. Malvern Chester County	Filed
	Correspondent:
	Timothy F. Demers, Esq. Stevens & Lee 111 N. Sixth St. P. O. Box 679 Reading, PA 19603-0679

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
4-1-98	Manufacturers and Traders Trust    Company, Buffalo, New York, and    Franklin First Savings Bank,    Wilkes-Barre, PA    Surviving Institution--    Manufacturers and Traders Trust    Company, Buffalo, NY		Buffalo, NY	Effective
4-3-98	Juniata Valley Bank, Mifflintown, and    Lewistown Trust Company,    Lewistown    Surviving Institution--Juniata    Valley Bank, Mifflintown		Mifflintown	Filed

Branch Applications

Date	Name of Bank		Location	Action
3-26-98	Northwest Savings Bank Warren Warren County		104 East Main Street Lock Haven Clinton County	Opened
3-30-98	First Commonwealth Bank Indiana Indiana County		The Landings, Ste. 7, First Floor Harmar Township Allegheny County	Opened

Branch Relocations

Date	Name of Bank		Location	Action
4-7-98	Northwest Savings Bank Warren Warren County	To:	4270 East Lake Road Erie Harborcreek Township Erie County	Approved
		From:	4452 East Lake Road Erie Harborcreek Township Erie County

Branch Discontinuances

Date	Name of Bank		Location	Action
3-27-98	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		1288 N. Mountain Rd. Harrisburg Dauphin County	Effective
3-27-98	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		36 Burd Coleman Road Harrisburg Dauphin County	Effective
3-27-98	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		1150 Muhlenberg St. Reading Berks County	Effective

Foreign Bank Organization Offices

Date	Name of Bank		Location	Action
3-31-98	The Sumitomo Bank, Limited 6-5, Kitahama 4-Chome, Chuo-ku Osaka, Japan 541		One Liberty Place 1650 Market Street Suite 2860 Philadelphia Philadelphia County	Discontinued
3-31-98	The Sumitomo Bank, Limited 6-5, Kitahama 4-Chome, Chuo-ku Osaka, Japan 541		CNG Tower 625 Liberty Avenue Pittsburgh Allegheny County	Discontinued

Articles of Amendment

Date	Name of Bank		Purpose	Action
4-7-98	Peoples Thrift Savings Bank Norristown Montgomery County		To provide for a change in corporate title to ''BankPhiladelphia, a Savings Bank.''	Approved and Effective
4-7-98	First Republic Bank Philadelphia Philadelphia County		To provide for a change in the principal place of business	Approved and Effective
		From:	1515 Market Street, Philadelphia, PA 19102
		To:	1608 Walnut Street, Philadelphia, PA 19103

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-599. Filed for public inspection April 17, 1998, 9:00 a.m.]