708 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 2304]

       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 20, 1999.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    4-29-99Penn Laurel Financial Corp.,
       Curwensville, to acquire 100%
    of the voting shares of Clearfield
    Bank & Trust Company, Clearfield
     CurwensvilleFiled

    Branch Applications

    DateName of Bank LocationAction
    4-19-99Patriot Bank
    Pottstown
    Montgomery County
     4915 Perkiomen Ave.
    Exeter Township
    Berks County
    Approved
    4-20-99Harris Savings Bank
    Harrisburg
    Dauphin County
     1147 Eichelberger St.
    Hanover
    York County
    Approved

    Branch Relocations

    DateName of Bank LocationAction
    4-14-99Royal Bank of Pennsylvania
    Narberth
    Montgomery County
    To:655 W. Dekalb Pike
    King of Prussia
    Upper Merion Twp.
    Montgomery County
    Approved
    From:1030 Dekalb Pike
    King of Prussia
    Upper Merion Twp.
    Montgomery County

    Articles of Amendment

    DateName of Bank PurposeAction
    4-15-99The Glenmede Trust Company
    Philadelphia
    Philadelphia County
     To provide for a change to
    Article Nine for the purpose
    of restating the permissible
    investments of the Company's
    capital so as to include the
    investment in foreign securities.
    Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

       No activity.

    CREDIT UNIONS

       No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 99-708. Filed for public inspection April 30, 1999, 9:00 a.m.]

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