771 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 2433]

       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 6, 1997.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of Bank LocationAction
    4-30-97Harris Interim Savings Bank I
    Harrisburg
    Dauphin County
     HarrisburgApproved
    Interim savings bank being formed in connection with the ''two-tier'' reorganization of Harris Financial, MHC, Harrisburg.
    5-1-97Sentry Trust Company
    Chambersburg
    Franklin County
     1930 Scotland Ave.
    Chambersburg
    Franklin County
    Commenced
    Operations

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    4-29-97Founders' Bank, Bryn Mawr,
       and Susquehanna Interim Bank,
    Bryn Mawr
    Surviving Institution--
    Founders' Bank, Bryn Mawr
     Bryn MawrFiled
    Subject merger is being effected solely to facilitate the acquisition of Founders' Bank, Bryn Mawr, by Susquehanna Bancshares, Inc., Lititz, a bank holding company.
    5-2-97S & T Bank, Indiana, and
       Peoples Bank of Unity,
    Pittsburgh
    Surviving Institution--
    S & T Bank, Indiana
     IndianaEffective
    All branches of Peoples Bank of Unity, Pittsburgh, will become branches of S & S Bank, including the former main office of Peoples Bank located at:
    7660 Saltsburg Road
    Pittsburgh
    Allegheny County

    Branch Applications

    DateName of Bank LocationAction
    12-23-96Old Forge Bank
    Old Forge
    Lackawanna County
     304 Main Street
    Duryea
    Luzerne County
    Opened
    4-30-97Jersey Shore State Bank
    Jersey Shore
    Lycoming County
     WalMart SuperCenter
    Hogan Boulevard and
       Country Club Lane
    Bald Eagle Township
    Clinton County
    Approved
    4-30-97Fulton Bank
    Lancaster
    Lancaster County
     Route 30 and
       Roosevelt Avenue
    York
    West Manchester Twp.
    York County
    Approved
    5-1-97East Penn Bank
    Emmaus
    Lehigh
     Route 100 and
       West End Trail
    Macungie
    Lehigh County
    Approved
    5-1-97Jersey Shore State Bank
    Jersey Shore
    Lycoming County
     Route 64
    Zion
    Walker Township
    Centre County
    Approved
    5-5-97The Glenmede Trust Company
    Philadelphia
    Philadelphia County
     25825 Science Park
       Drive, Suite 385
    Beachwood
    Cuyahoga County
    Ohio
    Filed
    5-5-97Pittsburgh Home Savings
      Bank
    Pittsburgh
    Allegheny County
     Shop N Save
    5001 Library Road
    Bethel Park
    Allegheny County
    Filed

    Branch Discontinuances

    DateName of Bank LocationAction
    5-5-97Financial Trust Company
    Carlisle
    Cumberland County
     805 West Lisburn Rd.
    Mechanicsburg
    Cumberland County
    Filed

    Articles of Amendment

    DateName of Bank PurposeAction
    4-30-97Patriot Interim Bank
    (In Organization)
    Pottstown
    Montgomery County
     To provide for the addition
    of an initial Director to
    Article 8 of the Articles
    of Incorporation.
    Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Conversions

    DateName of Credit Union LocationAction
    5-1-97White Rose Postal Employees
       Federal Credit Union
    York
    York County
          To:
    White Rose Credit Union
    York
    York County
     YorkFiled
    Application represents conversion from a Federally-chartered credit union to a State-chartered credit union.

    Branch Applications

    DateName of Credit Union LocationAction
    5-5-97Philadelphia Telco
       Credit Union
    Trevose
    Bucks County
     291 E. Swedesford Rd.
    Tredyfrin Township
    Wayne
    Chester County
    Filed

    Articles of Amendment

    DateName of Credit Union PurposeAction
    4-30-97Erie Postal Credit Union
    Erie
    Erie County
     To provide for a change in
    the language of Article 8
    of the Articles of
    Incorporation.
    Approved
    and
    Effective

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-771. Filed for public inspection May 16, 1997, 9:00 a.m.]

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