861 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 2588]

       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 8, 2001.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    5-2-01Promistar Financial Corporation,
       Johnstown, to acquire 100% of
    the voting shares of
    FNH Corporation, Irwin
     JohnstownFiled
    5-3-01Community Bank System, Inc.,
       DeWitt, New York, and First
    Liberty Bank Corp., Jermyn
     DeWitt, NYApproved
    5-4-01Franklin Financial Services
       Corporation, Chambersburg,
    to acquire up to 15.8% of
    common stock and warrants of
    American Home Bank, National
    Association, Lancaster
     ChambersburgFiled

    New Charter Applications

    DateName of Bank LocationAction
    5-1-01Sterlingworth Trust Company
    Lancaster
    Lancaster County
     160 N. Pointe Blvd.
    Lancaster
    Lancaster County
    Filed
    Correspondent:
    Timothy P. Brown, Esq.
    583 N. School Lane
    Lancaster, PA 17603

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    4-30-01Mercer County State Bank
    Sandy Lake
    Mercer County
     Sandy LakeEffective
    Purchase of assets/assumption of
    liabilities of one branch
    office of Mellon Bank, N.A.,
    Pittsburgh, located at:
    144 Venango Avenue
    Cambridge Springs
    Crawford County
    5-2-01Promistar Bank, Johnstown,
       and First National Bank
    of Herminie, Herminie
    Surviving Institution--
    Promistar Bank, Johnstown
     JohnstownFiled

    Branch Applications

    DateName of Bank LocationAction
    5-7-01The Legacy Bank of
       Harrisburg
    Harrisburg
    Dauphin County
     One S. Church St.
    Hazleton
    Luzerne County
    Opened
    5-7-01Keystone Savings Bank
    Bethlehem
    Northampton County
     3015 W. Emmaus Ave.
    Allentown
    Lehigh County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    5-4-01Commonwealth Bank
    Norristown
    Montgomery County
    To:70 Commerce Drive
    Wyomissing
    Berks County
    Filed
    From:320 Abington Drive
    Wyomissing
    Berks County
    5-7-01Farmers First Bank
    Lititz
    Lancaster County
    To:338 Park City Center
    Lancaster
    Lancaster County
    Filed
    From:735 Park City Center
    Lancaster
    Lancaster County

    Branch Discontinuances

    DateName of Bank LocationAction
    4-27-01Investors Trust Company
    Wyomissing
    Berks County
     The Atrium
    234 Mall Blvd.
    King of Prussia
    Montgomery County
    Effective
    5-2-01Main Street Bank
    Reading
    Berks County
     1430 Jacobsburg Rd.
    Wind Gap
    Northampton County
    Filed
    Approved
    5-4-01

    Articles of Amendment

    DateName of Bank PurposeAction
    5-7-01U. S. Bank
    Johnstown
    Cambria County
    Amendment to Article 1
    provides for a change in
    corporate title to
    AmeriServ Financial Bank
    Approved
    and
    Effective
    5-7-01USBANCORP Trust and
       Financial Services
       Company
    Johnstown
    Cambria County
    Amendment to Article 1
    provides for a change in
    corporate title to
    AmeriServe Trust and
    Financial Services Company
    Approved
    and
    Effective

    SAVINGS INSTITUTIONS

       No activity.

    CREDIT UNIONS

    Articles of Amendment

    DateName of Credit Union PurposeAction
    5-7-01Utilities Employees
       Credit Union
    Sinking Spring
    Berks County
    Amendment to Article 8
    reflects a change in
    the field of membership.
    Approved
    and
    Effective
    5-7-01Philadelphia Telco
       Credit Union
    Trevose
    Bucks County
    Amendment to Article 8
    reflects a change in
    the field of membership
    Approved
    and
    Effective

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 01-861. Filed for public inspection May 18, 2001, 9:00 a.m.]

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