754 Actions on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 2501]

       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 April 27, 1999.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    4-23-99Northwest Savings Bank
    Warren
    Warren County
    WarrenFiled
    Purchase of assets/assumption of liabilities of three branch offices of Mellon Bank, N.A., Pittsburgh, located at:
    4 Perry Street
    Union City
    Erie County
    Ridge Road and Pennsylvania Avenue
    Smithfield
    Huntingdon County
    815 Westminster Drive
    Loyalsock
    Lycoming County

    Branch Applications

    DateName of BankLocationAction
    3-20-99Main Street Bank
    Reading
    Berks County
    2493 Route 183
    Bernville Road
    Bern Township
    Berks County
    Opened
    4-12-99BankPhiladelphia
    Norristown
    Montgomery County
    18 E. Wynnewood Ave.
    Wynnewood
    Montgomery County
    Opened
    4-22-99FirstService Bank
    Lansdale
    Montgomery County
    301 Oxford Valley Rd.
    Yardley
    Bucks County
    Filed
    4-22-99Somerset Trust Company
    Somerset
    Somerset County
    234 Main Street
    Meyersdale
    Somerset County
    Filed

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    4-21-99First Commonwealth Bank
    Indiana
    Indiana County
    Into:709 Hannah Street
    Houtzdale
    Clearfield County
    Approved
    From:Woodward Plaza
    Route 53
    Houtzdale
    Clearfield County
    4-26-99Laurel Bank
    Johnstown
    Cambria County
    To:Route 30 East
    Latrobe
    Westmoreland County
    Approved
    From:400 Latrobe Thirty Shopping Center
    Latrobe
    Westmoreland County

    Articles of Amendment

    DateName of BankPurposeAction
    4-26-99Northwest Savings Bank
    Warren
    Warren County
    To amend Article Third of the Articles of Incorporation to provide for the acquisition of fiduciary powers.Approved and Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    4-21-99Philadelphia Telco Credit Union, Trevose, and Air-Shields Employees Credit Union, Hatboro
    Surviving Institution--Philadelphia Telco Credit Union, Trevose
    TrevoseApproved

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 99-754. Filed for public inspection May 7, 1999, 9:00 a.m.]

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