634 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 1957]

       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 14, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    4-8-98Dauphin Bancorp, Inc., Harrisburg,
       To acquire up to 39.16% of the
       voting shares of The First
       National Bank of Liverpool,
       Liverpool
    HarrisburgFiled
    4-9-98BCB Financial Services Corporation,
      Reading, and Heritage Bancorp,    Inc., Pottsville, to be acquired by
       Main Street Bancorp, Inc., Reading
    ReadingApproved
    4-14-98First Union Corporation, Charlotte,    North Carolina, to acquire 100% of    the voting shares of CoreStates    Financial Corp., Philadelphia,    PennsylvaniaCharlotte, NCApproved

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    4-8-98Three Rivers Bank
       and Trust Company
       Jefferson Borough
       Allegheny
    Jefferson BoroughApproved
    Purchase of Assets/Assumption of
       Liabilities of two branch
       Offices of National City Bank
       of Pa., Pittsburgh, located at:
    600 East Ohio Street
    Pittsburgh
    Allegheny County
    823 Braddock Avenue
    Braddock
    Allegheny County

    Branch Applications

    DateName of Bank LocationAction
    4-13-98Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    Ivy Ridge Shopping
       Center
    7124 Ridge Pike
    Philadelphia
    Philadelphia County
    Filed
    4-13-98Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    Oaklands Corporate
       Center
    Campbell Boulevard and
       John Young Way
    Exton
    Chester County
    Filed
    4-13-98Pittsburgh Home Savings Bank
    Pittsburgh
    Allegheny County
    Lot Number 202 in the
       A&R Plan of Lots
       Number 3
    North Fayette Township
    Allegheny County
    Filed

    Articles of Amendment

    DateName of Bank PurposeAction
    4-14-98United Asian Bank
    Philadelphia
    Philadelphia County
    To provide for a change in corporate
    title to ''Asian Bank,'' and for the
    addition of four Directors.
    Approved
    and
    Effective

    Voluntary Liquidations

    DateName of Bank Action
    4-13-98Butler Wick Trust Company
    Sharon
    Mercer County
    Certificate of election for voluntary dissolution filed. Effective as of opening of business April 13, 1998.

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-634. Filed for public inspection April 24, 1998, 9:00 a.m.]

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