1185 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 3684]

   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 15, 1997.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
7-8-97	Allied 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	Effective
7-15-97	F.N.B. Corporation, Hermitage, to    acquire up to 20.0% of the voting    shares of Sun Bancorp, Inc.,    Selinsgrove		Hermitage	Filed

Mutual Holding Company Reorganization

Date	Name of Bank		Location	Action
7-9-97	Peoples Home Savings Bank Beaver Falls Beaver County		Beaver Falls	Effective
	Represents reorganization into a mutual holding company to be known as ''PHS Bancorp, M.H.C.,'' Beaver Falls

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
7-9-97	Chambersburg Trust Company,    Chambersburg, and Financial Trust    Company, Carlisle    Surviving Institution--    Chambersburg Trust Company,    Chambersburg, With a Change in    Corporate Title to ''Financial Trust    Company''		Chambersburg	Filed
7-10-97	First Sterling Bank, Devon, and    Prime Bank, a Savings Bank,    Philadelphia    Surviving Institution--First Sterling    Bank, Devon		Devon	Filed

Branch Applications

Date	Name of Bank		Location	Action
7-14-97	The Madison Bank Blue Bell Montgomery County		8000 Verree Road Philadelphia Philadelphia County	Approved
7-15-97	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		Morrell Plaza Shopping Center 9910 Frankford Ave. Philadelphia Philadelphia County	Approved
7-15-97	Farmers First Bank Lititz Lancaster		Weis Market 5360 Lincoln Highway Gap Salisbury Township Lancaster County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
7-14-97	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County	To:	729 Locust Street West Cornwall Twp. Lebanon County	Approved
		From:	36 Burd Coleman Road Cornwall Lebanon County

Branch Discontinuances

Date	Name of Bank		Location	Action
7-15-97	Mid-State Bank and Trust Company Altoona Blair County		The Bookstore Pennsylvania State University State College Centre County	Approved

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1185. Filed for public inspection July 25, 1997, 9:00 a.m.]