1307 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 4117]

   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 August 5, 1997.

BANKING INSTITUTIONS

New Charters

Date	Name of Bank		Location	Action
8-1-97	Premier Interim Bank Doylestown Bucks County		Doylestown	Filed
	Subject institution will be utilized to merge with Premier Bank, Doylestown, and the surviving institution will be acquired by Premier Bancorp, Inc., a bank holding company in organization.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
7-31-97	Founders' Bank, Bryn Mawr, and Susquehanna Interim Bank, Bryn Mawr Surviving Institution--Founders' Bank, Bryn Mawr		Bryn Mawr	Effective
	Merger is being effected solely to facilitate the acquisition of Founders' Bank, Bryn Mawr, by Susquehanna Bancshares, Inc., Lititz, a bank holding company.

Branch Applications

Date	Name of Bank		Location	Action
7-30-97	Union Bank and Trust Company Pottsville Schuylkill County		Weis Supermarket Route 61 and St. Clair Ave. Pottsville Schuylkill County	Opened
7-31-97	Prime Bank Philadelphia Philadelphia County		661 W. Germantown Pike Plymouth Meeting Montgomery County	Approved
7-31-97	The Madison Bank Blue Bell Montgomery County		100 Main Street Lansdale Montgomery County	Approved
8-4-97	Keystone Savings Bank Bethlehem Northampton County		3933 Freemansburg Rd. Bethlehem Northampton County	Filed
8-5-97	Farmers First Bank Lititz Lancaster County		Weis Market 5360 Lincoln Highway Gap Salisbury Township Lancaster County	Approved

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
7-31-97	Summit Bank Bethlehem Northampton County	To:	Laneco Store Stefko Boulevard    Shopping Center 1880 Stefko Boulevard Bethlehem Northampton County	Filed
		From:	Stefko Boulevard Shopping    Center 1816 Stefko Boulevard Bethlehem Northampton County
8-1-97	Financial Trust Company Carlisle Cumberland County	To:	100 South Spring    Garden Street Carlisle Cumberland County	Effective
		From:	Carlisle Plaza Mall East High Street Carlisle Cumberland County

Branch Discontinuances

Date	Name of Bank		Location	Action
6-27-97	Summit Bank Bethlehem Northampton County		640 Hamilton Mall Allentown Lehigh County	Effective
6-27-97	Summit Bank Bethlehem Northampton County		Valmont Plaza 270 Susquehanna Blvd. West Hazleton Luzerne County	Effective
7-11-97	Summit Bank Bethlehem Northampton County		One Neshaminy Drive Trevose Bucks County	Effective
8-4-97	Summit Bank Bethlehem Northampton County		3900 Hamilton Blvd. Allentown Lehigh County	Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Conversions

Date	Name of Credit Union		Location	Action
8-1-97	Norristown Bell Federal    Credit Union Blue Bell Montgomery County		1407 Erbs Mill Rd. Blue Bell Montgomery County	Effective
	To:
	Norristown Bell Credit Union Blue Bell Montgomery County
	Represents conversion from a Federally-chartered credit union to a State-chartered credit union.

Date	Name of Credit Union		Location	Action
8-1-97	White Rose Postal Employees    Federal Credit Union York York County		3498 Industrial Dr. York York County	Effective
	To:
	White Rose Credit Union York York County
	Represents conversion from a Federally-chartered credit union to a State-chartered credit union.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1307. Filed for public inspection August 15, 1997, 9:00 a.m.]