DEPARTMENT OF BANKING Action on Applications [31 Pa.B. 2938] 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 29, 2001.
BANKING INSTITUTIONS Holding Company Acquisition
Date Name of Bank Location Action 5-23-01 Sun Bancorp, Inc., Selinsgrove, to
acquire 100% of the voting shares of Guaranty Bank, N.A., ShamokinSelinsgrove Approved 5-23-01 PSB Bancorp, Inc., Philadelphia, to
acquire 100% of the voting shares of Jade Financial Corp., FeastervillePhiladelphia Approved New Charter Applications
Date Name of Bank Location Action 5-25-01 Third Street Interim Bank
Williamsport
Lycoming CountyWilliamsport Approved Consolidations, Mergers and Absorptions Date Name of Bank Location Action 5-23-01 Sun Bank, Selinsgrove, and
Guaranty Bank, N.A., Shamokin
Surviving Institution--
Sun Bank, SelinsgroveSelinsgrove Approved 5-23-01 First Penn Bank, Philadelphia,
and IGA Federal Savings,
Feasterville
Surviving Institution--
IGA Federal Savings,
FeastervillePhiladelphia Approved 5-25-01 Third Street Interim Bank,
Williamsport, and Woodlands
Bank, Williamsport
Surviving Institution--
Third Street Interim Bank,
WilliamsportWilliamsport Filed Merger application being filed to facilitate the acquisition of Woodlands Bank, Williamsport, by Woodlands Financial Services Company, Williamsport, a bank holding company in organization. Branch Applications
Date Name of Bank Location Action 5-17-01 Northwest Savings Bank
Warren
Warren County200 S. Center St.
Grove City
Mercer CountyOpened 5-21-01 Jersey Shore State Bank
Jersey Shore
Lycoming County1952 Waddle Road
Suite 106
State College
Centre CountyOpened 5-25-01 Somerset Trust Company
Somerset
Somerset County
Giant Eagle Store
344 Goucher Street
Johnstown
Cambria CountyFiled 5-29-01 AmeriServ Financial Bank
Johnstown
Cambria County231 State Street
Harrisburg
Dauphin CountyApproved Branch Discontinuances
Date Name of Bank Location Action 5-29-01 Farmers First Bank
Lititz
Lancaster CountyWal-Mart Store
2034 Lincoln Hwy. East
Lancaster
Lancaster CountyFiled SAVINGS INSTITUTIONS No activity.
CREDIT UNIONS No activity.
JAMES B. KAUFFMAN, Jr.,
Secretary[Pa.B. Doc. No. 01-990. Filed for public inspection June 8, 2001, 9:00 a.m.]
