771 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 2291]

       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 May 5, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    4-28-98First Union Corporation, Charlotte,
       North Carolina, to acquire 100% of
    the voting shares of CoreStates
    Financial Corp., Philadelphia,
    Pennsylvania
     Charlotte, NCEffective

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    4-28-98Mid Penn Bank, Millersburg,
       and Miners Bank of Lykens
    Surviving Institution--
    Mid Penn Bank, Millersburg
     MillersburgFiled
    4-30-98Lafayette Bank, Easton, and
       Ambassador Bank of the
    Commonwealth, Allentown
    Surviving Institution--
    Lafayette Bank, Easton, with a
    change in corporate title to
    Lafayette Ambassador Bank
     EastonFiled

    Branch Applications

    DateName of Bank LocationAction
    3-2-98First Commonwealth Bank
    Indiana
    Indiana County
     Route 220 and Stadium Dr.
    Altoona
    Blair County
    Opened
    4-29-98Somerset Trust Company
    Somerset
    Somerset County
     116 Market Street
    Johnstown
    Cambria County
    Approved
    4-30-98Community Bank and
       Trust Company
    Forest City
    Susquehanna County
     Corner of Main and
       Lackawanna Avenue
    Dickson City
    Lackawanna County
    Filed
    5-4-98S & T Bank
    Indiana
    Indiana County
     162 S. Second Ave.
    Clarion
    Clarion County
    Filed
    5-5-98Laurel Trust Company
    Johnstown
    Cambria County
     41 North Main Street
    Suite 100
    Greensburg
    Westmoreland County
    Approved
    5-5-98Jonestown Bank and
       Trust Company
    Jonestown
    Lebanon County
     1765 Quentin Road
    North Cornwall Twp.
    Lebanon County
    Approved
    5-5-98Pittsburgh Home Savings Bank
    Pittsburgh
    Allegheny County
     Lot Number 202 in the
       A&R Plan of Lots
       Number 3
    North Fayette Township
    Allegheny County
    Approved

    Branch Discontinuances

    DateName of Bank LocationAction
    5-5-98Dauphin Deposit Bank
       and Trust Company
    Harrisburg
    Dauphin County
     2700 Eastern Boulevard
    York
    York County
    Filed
    5-5-98Dauphin Deposit Bank
       and Trust Company
    Harrisburg
    Dauphin County
     1200 Greensprings Drive
    York
    York County
    Filed

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-771. Filed for public inspection May 15, 1998, 9:00 a.m.]

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