DEPARTMENT OF BANKING Action on Applications [27 Pa.B. 2828] 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 3, 1997.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 5-30-97 Keystone Financial, Inc.,
Harrisburg, to acquire
100% of the voting shares of
Financial Trust Corp., CarlisleHarrisburg Effective Conversions The following branch offices were acquired by the May 22, 1997 effective date of the conversion of Patriot Bank, Pottstown, from a Federally-chartered savings bank to a State-chartered commercial bank as noted in Summary of Activities #21: Fifth Avenue and Main Street
Royersford
Montgomery CountyE. Philadelphia and Chestnut Sts.
Boyertown
Berks County536 N. Lewis Road
Limerick
Montgomery CountyBethlehem Square
Shopping Center
3926 Linden Street
Bethlehem
Lehigh County46 W. Main Street
Fleetwood
Berks County2641 MacArthur Road
Whitehall
Lehigh County30 West Franklin St.
Topton
Berks County119 Nutt Road
Phoenixville
Chester County1130 Chestnut Street
Emmaus
Lehigh CountyBranch Applications Date Name of Bank Location Action 5-22-97 First Republic Bank
Philadelphia
Philadelphia CountyGermantown Pike and
Swede Road
E. Norriton Twp.
Montgomery CountyOpened 5-30-97 The Glen Rock State Bank
Glen Rock
York CountyRD 10, Route 616
and Noss Road
North Codorus Twp.
York CountyApproved 5-30-97 Northwest Savings Bank
Warren
Warren County104 East Main St.
Lock Haven
Clinton CountyApproved 5-30-97 Pittsburgh Home
Savings Bank
Pittsburgh
Allegheny CountyShop N Save
5001 Library Road
Bethel Park
Allegheny CountyApproved 6-2-97 Standard Bank, PaSB
Murrysville
Westmoreland CountyWalMart
Routes 819 and 119
Mt. Pleasant
Westmoreland CountyFiled Branch Relocations Date Name of Bank Location Action 5-27-97 Franklin First Savings Bank
Wilkes-Barre
Luzerne CountyTo: 811 Kidder Street
Wilkes-Barre
Luzerne CountyEffective From: 685 Kidder Street
Wilkes-Barre
Luzerne CountyBranch Discontinuances Date Name of Bank Location Action 5-27-97 Mid-State Bank and
Trust Company
Altoona
Blair CountyThe Bookstore
Pennsylvania State
University
State College
Centre CountyFiled Articles of Amendment Date Name of Bank Purpose Action 5-28-97 Old Forge Bank
Old Forge
Lackawanna CountyTo provide for a two for one stock split to increase the authorized capital stock from 500,000 shares of $5.00 par value per share, to 1,000,000 shares of $2.50 par value per share. Approved
and
Effective5-30-97 American Bank of the
Lehigh Valley
(In Organization)
Allentown
Lehigh CountyTo amend and restate the Articles of Incorporation in their entirety. Approved
and
EffectiveSAVINGS ASSOCIATIONS No activity. CREDIT UNIONS No activity. RICHARD C. RISHEL,
Secretary[Pa.B. Doc. No. 97-937. Filed for public inspection June 13, 1997, 9:00 a.m.]
