DEPARTMENT OF BANKING Action of Applications [28 Pa.B. 2513] 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 19, 1998.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 5-12-98 Citizens Bancshares, Inc.,
Salineville, Ohio, to Acquire
100% of the Voting Shares of
Century Financial Corporation,
Rochester, PennsylvaniaSalineville, OH Effective Branch Applications Date Name of Bank Location Action 5-18-98 Farmers First Bank
Lititz
Lancaster CountyVarious Locations in Lancaster, Lebanon and York Counties
((2) Mobile Branch Facilities)Approved Branch Discontinuances Date Name of Bank Location Action 5-14-98 Summit Bank
Bethlehem
Northampton County18 East Main Street
Glen Lyon
Luzerne CountyApproved Articles of Amendment Date Name of Bank Purpose Action 5-13-98 First County Bank
Doylestown
Bucks CountyTo amend Article Fifth, subparagraph A, reducing the par value of each share of Common Stock from $5 per share to $2.50 per share. Approved
and
Effective5-15-98 Prudential Trust Company
Scranton
Lackawanna CountyTo change the address of the principal place of business from: 30 E.D. Preate Drive, Moosic, PA 18507; to: 30 Scranton Office Park, Scranton, PA 18507. Approved
and
EffectiveSAVINGS ASSOCIATIONS No activity. CREDIT UNIONS No activity. RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 98-855. Filed for public inspection May 29, 1998, 9:00 a.m.]
