985 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 2964]

       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 10, 1997.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of Bank LocationAction
    6-5-97American Bank of the
       Lehigh Valley
    Allentown
    Lehigh County
    4029 W. Tilghman St.
    Allentown
    Lehigh County
    Commenced Operations

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    6-4-97Allied Irish Banks, P.L.C.
    Dublin, Ireland, and First
    Maryland Bancorp, Baltimore,
    Maryland, to acquire 100% of
    the voting shares of
    Dauphin Deposit Corporation,
    Harrisburg, Pennsylvania
    Dublin, Ireland and
       Baltimore, MD
    Approved

    Branch Applications

    DateName of Bank LocationAction
    6-5-97Union Bank and Trust
       Company
    Pottsville
    Schuylkill County
    Weis Supermarket
    Rte. 61 and St. Clair Ave.
    Pottsville
    Schuylkill County
    Approved
    6-5-97Northwest Savings Bank
    Warren
    Warren County
    1 Center Square
    Hanover
    York County
    Opened
    6-10-97USBANCORP Trust Company
    Johnstown
    Cambria County
    Oakley Park II
    Route 30 East
    Greensburg
    Westmoreland County
    Approved
    6-10-97USBANCORP Trust Company
    Johnstown
    Cambria County
    110 Regent Court
    Suite 104
    State College
    Centre County
    Approved
    6-10-97The Madison Bank
    Blue Bell
    Montgomery County
    8000 Verree Road
    Philadelphia
    Philadelphia
    Filed
    6-10-97Ambassador Bank of the
       Commonwealth
    Allentown
    Lehigh County
    1605 West Broad Street
    Bethlehem
    Lehigh County
    Filed
    6-10-97The Glenmede Trust Company
    Philadelphia
    Philadelphia County
    25825 Science Park Dr.
    Suite 385
    Beachwood
    Cuyahoga County, Ohio
    Approved

    Branch Relocations

    DateName of Bank LocationAction
    6-5-97Minersville Safe Deposit
       Bank and Trust Company
    Minersville
    Schuylkill County
    To:400 Sunbury Street
    Minersville
    Schuylkill County
    Approved
    From:129 Sunbury Street
    Minersville
    Schuylkill County
    6-6-97Dauphin Deposit Bank and
       Trust Company
    Harrisburg
    Dauphin County
    To:729 Locust Street
    West Cornwall Twp.
    Lebanon County
    Filed
    From:36 Burd Coleman Road
    Cornwall
    Lebanon County

    Branch Consolidations

    DateName of BankLocationAction
    6-1-97S & T Bank
    Indiana
    Indiana County
    To:35 W. Scribner Ave.
    DuBois
    Clearfield County
    Effective
    From:14 W. Long Avenue
    DuBois
    Clearfield County

    Branch Discontinuances

    DateName of Bank LocationAction
    3-6-97Mid-State Bank and
       Trust Company
    Altoona
    Blair County
    1935 Daisy Street
    Clearfield
    Clearfield
    Effective
    6-5-97Financial Trust Company
    Carlisle
    Cumberland County
    805 West Lisburn Rd.
    Mechanicsburg
    Cumberland County
    Approved

    Articles of Amendment

    DateName of Bank LocationAction
    6-5-97The Fidelity Deposit &
       Discount Bank
    Dunmore
    Lackawanna County
    To provide for a two for one stock split to increase the authorized capital stock from 500,000 shares of $3.125 par value per share; to 1,000,000 shares of $1.5625 par value per share.Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Branch Applications

    DateName of Credit Union LocationAction
    6-4-97Philadelphia Telco Credit
       Union
    Trevose
    Bucks County
    291 E. Swedesford Rd.
    Wayne
    Tredyfrin Township
    Chester County
    Approved

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-985. Filed for public inspection June 20, 1997, 9:00 a.m.]

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