1273 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[31 Pa.B. 3769]

   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 July 3, 2001.

BANKING INSTITUTIONS

Holding Company Acquisition

Date	Name of Corporation		Location	Action
6-29-01	PSB Bancorp, Inc., Philadelphia,    to acquire 100% of the voting shares of Jade Financial Corp., Feasterville		Philadelphia	Effective

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
6-22-01	Royal Bank of Pennsylvania Narberth Montgomery County		Narberth	Effective
	Purchase of assets/assumption of liabilities of Crusader Holding Corporation, Philadelphia, Crusader Savings Bank, F.S.B., Philadelphia, and Asset Investment Corporation, Wilmington, Delaware
7-1-01	Three Rivers Bank and Trust Company, Jefferson Borough, and The Pennsylvania Capital Bank, Pittsburgh Surviving Institution-- Three Rivers Bank and Trust Company, Jefferson Borough		Jefferson Borough	Effective
	Branch Office Acquired Via Merger:
	336 Fourth Avenue Pittsburgh Allegheny County
7-1-01	Third Street Interim Bank,    Williamsport, and Woodlands Bank, Williamsport Surviving Institution-- Third Street Interim Bank, Williamsport, with a change in corporate title to ''Woodlands'' Bank''		Williamsport	Effective
	Merger is being effected solely to facilitate the acquisition of Woodlands Bank, Williamsport, by Woodlands Financial Services Company, Williamsport, a new bank holding company.
7-2-01	First Penn Bank, Philadelphia,    and IGA Federal Savings Bank, Feasterville Surviving Institution-- First Penn Bank, Philadelphia		Philadelphia	Effective
	Branches Acquired Via Merger:
	213 West Street Road Feasterville Bucks County		1501 S. Newkirk Street Philadelphia Philadelphia County
	606 East Baltimore Pike Media Delaware County		2301 Market Street Philadelphia Philadelphia County
	500 Chesterbrook Boulevard Wayne Delaware County

Branch Applications

Date	Name of Bank		Location	Action
6-26-00	Premier Bank Doylestown Bucks County		New Heritage Tower 200 Veterans Lane Doylestown Bucks County (Limited Service Facility)	Opened
6-27-01	FirstService Bank Lansdale Montgomery County		94 N. Flowers Mill Rd. Langhorne Middletown Twp. Montgomery County	Opened

Branch Relocations

Date	Name of Bank		Location	Action
5-29-01	Commonwealth Bank Norristown Montgomery County	To:	70 Commerce Drive Wyomissing Berks County	Effective
		From:	320 Abington Drive Wyomissing Berks County
6-28-01	Keystone Savings Bank Bethlehem Northampton County	To:	3091 William Penn Hwy. Palmer Township Northampton County	Filed
		From:	3745 Nicholas Street Palmer Township Northampton County

SAVINGS INSTITUTIONS

   No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
6-29-01	Witco Credit Union, Petrolia,    and Penacol Federal Credit Union, Petrolia Surviving Institution-- Penacol Federal Credit Union, Petrolia		Petrolia	Effective

JAMES B. KAUFFMAN, Jr.,   
Secretary

[Pa.B. Doc. No. 01-1273. Filed for public inspection July 13, 2001, 9:00 a.m.]