1214 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 3555]

   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 16, 1996.

BANKING INSTITUTIONS

Section 112 Applications

Date	Name of Individual		Location	Action
7-11-96	William Peter Ahnert, Voting    Trustee, and the Ahnert Family Voting Trust to acquire up to 30.6% of the outstanding shares of common stock of Pocono Community Bank, Stroudsburg (in organization)		Bushkill	Filed

Conversions

Date	Name of Institution		Location	Action
7-12-96	Pennwood Savings Bank Pittsburgh Allegheny County		683 Lincoln Ave. Pittsburgh Allegheny County	Effective
	Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank.

Branch Applications

Date	Name of Bank		Location	Action
7-5-96	United Bank of Philadelphia Philadelphia Philadelphia County		38th Street and    Lancaster Avenue Philadelphia Philadelphia County	Filed
7-11-96	United Savings Bank Philadelphia Philadelphia County		2535 West Center Pike Broomall Delaware County	Filed
7-12-96	The York Bank and    Trust Company York York County		Weis Market 2850 Carlisle Road Dover Township York County	Filed
7-12-96	The York Bank and    Trust Company York York County		Weis Market 2160 White Street York York County	Filed
7-12-96	The York Bank and    Trust Company York York County		Weis Market 2400 East Market St. York York County	Filed
7-16-96	Summit Bank Bethlehem Northampton County		Pathmark Supermarket 2603 Durham Road Bristol Bucks County	Filed
7-16-96	Summit Bank Bethlehem Northampton County		Pathmark Supermarket 2506 Knights Road Bensalem Bucks County	Filed
7-16-96	Summit Bank Bethlehem Northampton County		Pathmark Supermarket 500 Lincoln Highway Fairless Hills Bucks County	Filed

Branch Consolidations

Date	Name of Bank		Location	Action
Northern Central Bank, Williamsport, a wholly-owned subsidiary of Keystone Financial, Inc., Harrisburg, has filed an application to consolidate the following branch offices:
7-9-96	Northern Central Bank Williamsport Lycoming County	At:	400 Main Street Towanda Bradford County	Filed
		To:	312 Main Street Towanda Bradford County

Date	Name of Bank		Location	Action
Johnstown Bank and Trust Company, Johnstown, and Laurel Bank, Ebensburg, both wholly-owned subsidiaries of BT Financial Corporation, Johnstown, have filed applications to consolidate the following branch offices:
7-11-96	Johnstown Bank and Trust	At:	Jefferson Ave. Ext.	Filed
	Company		Windber
	Johnstown		Somerset County
	Cambria
		To:	415 Park Place
At:	112 N. Market St.		Windber
	Ligonier		Somerset County
	Westmoreland County
	and	At:	262 East Main St.
	# 1 Ligonier Valley		Somerset
	Mini Mall		Somerset County
	Ligonier
	Westmoreland County	To:	121 South Center Ave. Somerset
To:	402 West Main St.		Somerset County
	Ligonier
	Westmoreland County	At:	1231 Scalp Avenue Johnstown
At:	407 Main Street		Cambria County
	Johnstown
	Cambria County	To:	1458 Scalp Avenue Johnstown
To:	532--534 Main Street		Cambria County
	Johnstown Cambria County
	Laurel Bank	At:	1304 William Penn Highway
	Ebensburg		Conemaugh
	Cambria County		Cambria County
		To:	50 Main Street
			Conemaugh Cambria County

Branch Relocations

Date	Name of Bank		Location	Action
7-11-96	United Bank of    Philadelphia Philadelphia Philadelphia County	To:	38th Street and    Lancaster Ave. Philadelphia Philadelphia County	Withdrawn
		From:	1015 N. Marshall St. Philadelphia Philadelphia County
7-11-96	United Bank of    Philadelphia Philadelphia Philadelphia County	To:	Front Street and    Olney Avenue Philadelphia Philadelphia County	Withdrawn
		From:	1321 W. Lindley Ave. Philadelphia Philadelphia County

Articles of Amendment

Date	Name of Bank		Purpose	Action
7-10-96	Vanguard Fiduciary Trust    Company Malvern Chester County		Provides for the amendment and restatement of Article 6 of the Articles of Incorporation to expand the investment powers of the Trust Company.	Approved and Effective
7-12-96	First Valley Bank Bethlehem Northampton County		Provides for a change in corporate title to ''Summit Bank.''	Approved and Effective

SAVINGS ASSOCIATIONS

   No activity.

CREDIT UNIONS

   No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-1214. Filed for public inspection July 26, 1996, 9:00 a.m.]