933 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 3001]

       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 June 1, 1999.

    BANKING INSTITUTIONS

    Bank Holding Company Acquisitions

    DateName of CorporationLocationAction
    6-1-99First Leesport Bancorp, Inc., Leesport,    to acquire 100% of the voting shares    of Merchants of Shenandoah    Ban-Corp, ShenandoahLeesportApproved

    Conversions

    DateName of InstitutionsLocationAction
    6-1-99Nesquehoning Savings Bank
    Nesquehoning
    Carbon County
    NesquehoningApplication Withdrawn
    Application represented conversion from a State-chartered mutual savings bank to State-chartered stock savings bank solely to facilitate the proposed merger with and into First Star Savings Bank, Bethlehem.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    5-26-99Northwest Savings Bank
    Warren
    Warren County
    WarrenApproved
    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
    815 Westminster Drive
    Loyalsock
    Lycoming County
    Ridge Road & Pennsylvania Ave.
    Smithfield
    Huntingdon County
    6-1-99First Star Savings Bank, Bethlehem, and Nesquehoning Savings Bank, Nesquehoning, Surviving Institution--First Star Savings Bank, BethlehemBethlehemApplication Withdrawn

    Branch Applications

    DateName of BankLocationAction
    5-20-99Northwest Savings Bank
    Warren
    Warren County
    2296 S. Market St.
    Elizabethtown
    Lancaster County
    Opened
    5-20-99Northwest Savings Bank
    Warren
    Warren County
    201 W. Main Street
    New Holland
    Lancaster County
    Opened
    5-22-99Main Street Bank
    Reading
    Berks County
    124 Main Street
    Phoenixville
    Cbester County
    Opened
    5-24-99S & T Bank
    Indiana
    Indiana County
    162 S. Second Ave.
    Clarion
    Clarion County
    Authorization Surrendered
    5-24-99FirstService Bank
    Lansdale
    Montgomery County
    200 Radcliff St.
    Bristol
    Bucks County
    Opened
    5-25-99Fidelity Deposit and Discount Bank
    Dunmore
    Lackawanna County
    4010 Birney Avenue
    Moosic
    Lackawanna County
    Opened
    5-26-99Main Street Bank
    Reading
    Berks County
    1504 S. Fourth Street
    Allentown
    Lehigh County
    Opened
    5-26-99Main Street Bank
    Reading
    Berks County
    3321 Willow Lane
    Macungie
    Lehigh County
    Opened
    5-26-99Union Bank and Trust Company
    Pottsville
    Schuylkill County
    Redner's Market
    Gold Star Highway
    Shenandoah
    Schuylkill County
    Opened
    5-27-99The Drovers & Mechanics Bank
    York
    York County
    Northeast Quadrant of Pine Rd. &    Route 382
    Newberry Township
    York County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    5-28-99Pittburgh Home Savings Bank
    Pittsburgh
    Allegheny County
    To:4900 Liberty Avenue
    Pittsburgh
    Allegheny County
    Filed
    From:4800 Liberty Avenue
    Pittsburgh
    Allegheny County

    Articles of Amendment

    DateName of BankPurposeAction
    5-26-99Susquehanna Trust Company
    (In Organization)
    Lititz
    Lancaster
    To amend and restate the Articles of Incorporation to provide for a change in corporate title to ''Susquehanna Trust & Investment Company;'' and to revise the first board of directors.Approved and Effective

    SAVINGS ASSOCIATIONS

    Consolidations, Mergers and Absorptions

    DateName of AssociationLocationAction
    5-27-99Chelten Hills Savings Association,    Abington, and Resolute Savings and    Loan Association, Philadelphia    Surviving Institution--Chelten Hills    Savings Association, AbingtonAbingtonFiled

    Branch Applications

    DateName of AssociationLocationAction
    5-26-99Ambler Savings and Loan Association
    Ambler
    Montgomery County
    Fort Washington Estates
    1264 Fort Washington Ave.
    Fort Washington
    Montgomery County
    Approved

    CREDIT UNIONS

    No activity.

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-933. Filed for public inspection June 11, 1999, 9:00 a.m.]

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