1102 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 3304]

       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 30, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    6-19-98Dauphin Bancorp, Inc., Harrisburg,
       To acquire up to 39.16% of the
    voting shares of The First National
    Bank of Liverpool, Liverpool
     HarrisburgApproved

    Conversions

    DateName of Institution LocationAction
    6-23-98Bally Building and Loan
       Association
     BallyFiled
    Bally
    Berks County
          To:
    Bally Savings Bank
    Bally
    Berks County
    Application represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    6-19-98Financial Trust Company
    Carlisle
    Cumberland County
     CarlisleEffective
    Purchase of assets/assumption of liabilities
    of seven branch offices of the Pennsylvania
    National Bank and Trust Company, Pottsville,
    Located at:
    5137 Jonestown Road
    Harrisburg
    Dauphin County
     N. Front & Market Sts.
    Harrisburg
    Dauphin County
    1002 N. Seventh Street
    Harrisburg
    Dauphin County
    2151 Linglestown Road
    Harrisburg
    Dauphin County
    5074 Jonestown Road
    Harrisburg
    Dauphin County
    4231 Trindle Road*
    Camp Hill
    Cumberland County
    1661 E. Chocolate Ave.
    Hershey
    Dauphin County
    (*Note--This branch was consolidated into the bank's existing branch located at 3805 Trindle Rd., Camp Hill.

    Branch Applications

    DateName of Bank LocationAction
    6-19-98PeoplesBank, a Codorus
       Valley Company
    Glen Rock
    York County
     Stone Bridge Commerce
       Center
    R. D. 2, Wolfe Road
    Hopewell Township
    York County
    Filed
    6-22-98Prime Bank
    Philadelphia
    Philadelphia County
     1235 West Chester Pike
    Havertown
    Delaware County
    Filed
    6-29-98Summit Bank
    Bethlehem
    Northampton County
     Genuardi's Family
       Market
    Roslyn Shopping Center
    Easton & Susquehanna Rds.
    Roslyn
    Montgomery County
    Approved
    6-30-98Summit Bank
    Bethlehem
    Northampton County
     Pathmark Supermarket
    140 N. McDade Blvd.
    Glenolden
    Delaware County
    Filed
    6-30-98Summit Bank
    Bethlehem
    Northampton County
     Genuardi's Family Market
    1925 Norristown Road
    Maple Glen
    Montgomery County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    6-30-98Reeves Bank
    Beaver Falls
    Beaver County
    To:1700 Beaver Road
    Baden
    Beaver County
    Filed
    From:280 Ohio River Blvd.
    Baden
    Beaver County

    Branch Discontinuances

    DateName of Bank LocationAction
    6-5-98Summit Bank
    Bethlehem
    Northampton County
     18 East Main St.
    Glen Lyon
    Luzerne County
    Effective

    Articles of Amendment

    DateName of BankPurposeAction
    6-30-98Suburban Community Bank
    Chalfont
    Bucks County
    To increase the number of authorized shares of common stock from 2,000,000 shares to 4,000,000 shares Approved
    Effective
    7-1-98

    SAVINGS ASSOCIATIONS

    Branch Discontinuances

    DateName of Association LocationAction
    6-19-98American Eagle Savings
       Bank, PaSA
    Boothwyn
    Delaware County
     2712 W. Third St.
    Chester
    Chester County
    Effective

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit Union LocationAction
    6-18-98Diamond Credit Union, Pottstown,
       and Mrs. Smith's Pie Company
    Federal Credit Union, Pottstown
    Surviving Institution--
    Diamond Credit Union, Pottstown
     PottstownFiled
    6-19-98Post Office Employees Credit
       Union, Pittsburgh, and
    Mochem Federal Credit Union,
    Pittsburgh
    Surviving Institution--
    Post Office Employees
    Credit Union, Pittsburgh
     PittsburghFiled
    6-29-98Belco Community Credit Union,
       Harrisburg, and Gettysburg
    Area Federal Credit Union,
    Gettysburg
    Surviving Institution--
    Belco Community Credit Union,
    Harrisburg
     HarrisburgFiled

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1102. Filed for public inspection July 10, 1998, 9:00 a.m.]

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