1128 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 3741]

       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 6, 1999.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of BankLocationAction
    7-1-99Hometowne Heritage Bank
    Lancaster
    Lancaster County
    1837 William Penn Way
    Lancaster
    Lancaster County
    (Temporary Location)
    Commenced
    Operations

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    6-28-99Northwest Savings Bank
    Warren
    Warren County
    WarrenEffective
    Purchase of assets/assumption of
    liabilities of three branch
    offices of Mellon Bank, N. A.,
    Pittsburgh, located at:
    4 Perry Street
    Union City
    Erie County
    815 Westminster Drive
    Loyalsock
    Lycoming County
    Ridge Road & Pennsylvania Ave.
    Smithfield
    Huntingdon County
    6-28-99Harris Savings Bank
    Harrisburg
    Dauphin County
    HarrisburgEffective
    Purchase of assets/assumption of
    liabilities of one branch office
    of Commonwealth Bank, Norristown,
    located at:
    2203 West Cumberland Street
    Lebanon
    Lebanon County
    7-1-99Main Street Bank, Reading,
       Pennsylvania, and Main Street,
       Bank of New Jersey, Lambertville,
       New Jersey
       Surviving Institution--
       Main Street Bank, Reading,
       Pennsylvania
    Reading, PAFiled
    7-6-99Orrstown Bank
    Orrstown
    Franklin County
    OrrstownFiled
    Purchase of assets/assumption of
    liabilities of one branch
    office of Sovereign Bank, F.S.B.,
    Wyomissing, located at:
    1730 Lincoln Way East
    Chambersburg
    Franklin County

    Branch Applications

    DateName of BankLocationAction
    6-24-99Northwest Savings Bank
    Warren
    Warren County
    922 Columbia Avenue
    Lancaster
    Lancaster County
    Opened
    6-24-99Northwest Savings Bank
    Warren
    Warren County
    1195 Manheim Pike
    Lancaster
    Lancaster County
    Opened
    6-26-99Main Street Bank
    Reading
    Berks County
    1430 Jacobsburg Road
    Wind Gap
    Northampton County
    Opened
    6-30-99Northwest Savings Bank
    Warren
    Warren County
    200 South Center Street
    Grove City
    Mercer County
    Filed
    7-1-99Woodlands Bank
    Williamsport
    Lycoming County
    213 West Fourth Street
    Williamsport
    Lycoming County
    Filed
    7-1-99Somerset Trust Company
    Somerset
    Somerset County
    234 Main Street
    Meyersdale
    Somerset County
    Opened
    7-6-99Summit Bank
    Bethlehem
    Northampton County
    1430 Walnut Street
    Philadelphia
    Philadelphia County
    Approved
    7-6-99Merchants Bank of
       Pennsylvania
    Shenandoah
    Schuylkill County
    810 McNair Street
    Hazleton
    Luzerne County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    7-6-99Summit Bank
    Bethlehem
    Northampton County
    To:12 Chestnut Road
    Paoli
    Chester County
    Approved
    From:1756 E. Lancaster Ave.
    Paoli
    Chester County
    7-6-99Pittsburgh Home Savings
       Bank
    Pittsburgh
    Allegheny County
    To:4900 Liberty Avenue
    Pittsburgh
    Allegheny County
    Approved
    From:4800 Liberty Avenue
    Pittsburgh
    Allegheny County

    Branch Discontinuances

    DateName of BankLocationAction
    6-29-99Patriot Bank
    Pottstown
    Montgomery County
    1620 Pond Road
    Allentown
    Lehigh County
    Filed

    Articles of Amendment

    DateName of BankLocationAction
    6-30-99Allegiance Bank of
       North America
    (In Organization)
    Bala Cynwyd
    Montgomery County
    To provide for the amendment and restatement of the Articles of Incorporation in their entirety.Approved
    and
    Effective
    7-2-99BankPhiladelphia, A
       Savings Bank
    Norristown
    Montgomery County
    To provide for the amendment of Article I of the Articles of Incorporation to provide for a change in corporate title to ''vBank, A Savings Bank.''Approved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Conversions

    DateName of Credit UnionLocationAction
    6-30-99Atlantic Employees Federal
       Credit Union
    Newtown Square
    Delaware County
    Newtown SquareFiled
          To:
    Atlantic Credit Union
    Newtown Square
    Delaware County
    Application represents conversion from a Federally-chartered credit union to a State-chartered credit union.

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-1128. Filed for public inspection July 16, 1999, 9:00 a.m.]

Document Information