816 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 2423]

       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 12, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    4-40-98Main Street Bancorp, Inc.,
       Reading, acquired 100% of the
       voting shares of BCB Financial
       Services Corporation, Reading,
       and Heritage Bancorp, Inc.,
       Pottsville
    ReadingEffective
    Main Street Bancorp, Inc., Reading, a new bank holding company, is the parent holding company of Berks County Bank, Reading, and Heritage National Bank, Pottsville.
    5-6-98Citizens Bancshares, Inc.
       Salineville, Ohio, to acquire
       100% of the voting shares of
       Century Financial Corporation,
       Rochester, PA
    Salineville, OHApproved

    BRANCH APPLICATIONS

    DateName of BankLocationAction
    5-5-98Dauphin Deposit Bank and
       Trust Company
    Harrisburg
    Dauphin County
    107 W. Market Street
    York
    York County
    (Loan Production Office)
    Opened
    5-6-98Investors Trust Company
    Wyomissing
    Berks County
    The Atrium
    234 Mall Boulevard
    King of Prussia
    Montgomery County
    Filed
    5-7-98Citizens & Northern Bank
    Wellsboro
    Tioga County
    1085 S. Main Street
    Mansfield
    Tioga County
    Filed
    5-7-98Fidelity Deposit and
       Discount Bank
    Dunmore
    Lackawanna County
    Bruno's Market
    401 Kennedy Boulevard
    Pittston
    Luzerne County
    Filed
    5-11-98Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    1000 Easton Road
    Cheltenham
    Montgomery County
    Filed

    Branch Discontinuances

    DateName of BankLocationAction
    5-8-98Investors Trust Company
    Wyomissing
    Berks County
    8200 Flourtown Ave.
    Wyndmoor
    Montgomery County
    Filed

    Articles of Amendment

    DateName of BankPurposeAction
    5-11-98Clearfield Bank & Trust
       Company
    Clearfield
    Clearfield County
    To amend and restate the Articles of Incorporation in their entirety.Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    5-8-98Local #38 and Associates
       Credit Union
    Milton
    Northumberland County
    To provide for a change in the field of membership.Approved
    and
    Effective

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-816. Filed for public inspection May 22, 1998, 9:00 a.m.]

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