1233 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 3594]

       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 21, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    7-16-98Dauphin Bancorp, Inc., Harrisburg,
       to acquire up to 39.16% of the
       voting shares of The First National
       Bank of Liverpool, Liverpool
    HarrisburgEffective

    Conversions

    DateName of CorporationLocationAction
    7-15-98PSB Mutual Holding Company
    Philadelphia
    Philadelphia County
    PhiladelphiaEffective
             To:
    PSB Bancorp, Inc.
    Philadelphia
    Philadelphia County
    Represents conversion from a mutual holding company to a stock holding company which will wholly own Pennsylvania Savings Bank, a State-chartered stock savings bank.
    7-15-98Huntingdon Savings and
       Loan Association
    Huntingdon
    Huntingdon County
    HuntingdonApproved
             To:
    Huntingdon Savings Bank
    Huntingdon
    Huntingdon County
    Application represents conversion from a State-chartered mutual savings and loan association to a State-chartered mutual savings bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    7-15-98S & T Bank
    Indiana
    Indiana County
    IndianaApproved
    Purchase of assets/assumptions of liabilities of one branch office of Mellon Bank, N. A., Pittsburgh, located at:
    410 Main Street
    Clarion
    Clarion County

    Branch Applications

    DateName of BankLocationAction
    7-13-98Reliance Savings Bank
    Altoona
    Blair County
    100 Hawbaker Industrial
       Drive
    State College
    Centre County
    Opened
    7-15-98Jonestown Bank and
       Trust Company
    Jonestown
    Lebanon County
    421 East Penn Ave.
    Cleona
    Lebanon County
    Opened
    7-16-98Somerset Trust Company
    Somerset
    Somerset County
    4185 Glades Pike
    Somerset Township
    Somerset County
    Filed
    7-16-98Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    1000 Easton Road
    Wyncote
    Montgomery County
    Opened

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1233. Filed for public inspection July 31, 1998, 9:00 a.m.]

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