DEPARTMENT OF BANKING Action on Applications [29 Pa.B. 2151] 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 13, 1999.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 4-9-99 Summit Bancorp, Princeton,
New Jersey, and First Valley
Corporation, Bethlehem, to
acquire 100% of the voting shares
of Prime Bancorp, Inc.,
Fort WashingtonPrinceton, NJ Filed Consolidations, Mergers and Absorptions Date Name of Bank Location Action 4-9-99 Summit Bank, Bethlehem,
and Prime Bank, Philadelphia
Surviving Institution--
Summit Bank, BethlehemBethlehem Filed 4-9-99 Harris Savings Bank
Harrisburg
Dauphin CountyHarrisburg Filed Purchase of assets/assumption of
liabilities of one branch office
of Commonwealth Bank, Norristown,
Located at:2203 West Cumberland Street
Lebanon
Lebanon CountyBranch Applications Date Name of Bank Location Action 3-29-99 Beneficial Mutual
Savings Bank
Philadelphia
Philadelphia CountyIvy Ridge Shopping
Center
7124 Ridge Pike
Philadelphia
Philadelphia CountyOpened 4-12-99 The Peoples State Bank
East Berlin
York CountyIntersection of
Greenbriar Road
and Roosevelt Ave.
York
York CountyApproved 4-12-99 Union Bank and
Trust Company
Pottsville
Schuylkill CountyRedner's Market
Gold Star Highway
Shenandoah
Schuylkill CountyApproved 4-12-99 Brentwood Savings Bank
Pittsburgh
Allegheny County5259 Library Road
Bethel Park
Allegheny CountyApproved 4-12-99 Merchants Bank of
Pennsylvania
Shenandoah
Schuylkill CountyMaplewood Plaza
Humboldt Industrial Park
Hazle Township
Luzerne CountyApproved Branch Relocations Date Name of Bank Location Action 4-9-99 Laurel Bank
Johnstown
Cambria CountyTo: Route 30 East
Latrobe
Westmoreland CountyFiled From: 400 Latrobe Thirty
Shopping Center
Latrobe
Westmoreland County4-12-99 First Commonwealth Bank
Indiana
Indian CountyTo: 683 McMurray Road
Bethel Park
Allegheny CountyApproved From: 3400 South Park Road
Bethel Park
Allegheny CountySAVINGS ASSOCIATION Voluntary Liquidation Date Name of Institution Action 4-9-99 The Sterling Building and
Loan Association
PhiladelphiaCREDIT UNIONS No activity. RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 99-661. Filed for public inspection April 23, 1999, 9:00 a.m.]
