1214 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 3821]

       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 22, 1997.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    7-17-97Northwest Savings Bank
    Warren
    Warren County
    WarrenApproved
    Purchase of assets/assumption of liabilities of one branch office of First Western Bank, FSB, Sharon, located at:
    6 East First Street
    Oil City
    Venango County
    7-18-97Three Rivers Bank and Trust Company, Jefferson Borough, and Community Savings Bank, Monroeville
    Surviving Institution--Three Rivers Bank and Trust Company, Jefferson Borough
    Jefferson BoroughEffective
    The former main office of Community Savings Bank will be operated as a branch office of Three Rivers Bank and Trust Company subsequent to consummation of the merger as follows:
    2681 Moss Side Boulevard
    Monroeville
    Allegheny County
    7-22-97Chambersburg Trust Company, Chambersburg, and First National Bank and Trust Company, Waynesboro
    Surviving Institution--
    Chambersburg Trust Company, Chambersburg
    ChambersburgApproved

    Conversions

    DateName of Institution LocationAction
    7-22-97Reliable Savings and Loan Association
       of Bridgeville, PA
    Bridgeville
    Allegheny County
          To:
    Reliable Savings Bank
    Bridgeville
    Allegheny County
    BridgevilleFiled
    Application represents conversion from a State-chartered stock savings association to a State-chartered stock savings bank.

    Branch Applications

    DateName of Bank LocationAction
    7-7-97Fulton Bank
    Lancaster
    Lancaster County
    Garden Spot Village Retirement
       Community
    433 South Kinzer Ave.
    New Holland
    Earl Township
    Lancaster County
    Opened
    7-16-97First Columbia Bank and Trust    Company
    Bloomsburg
    Columbia County
    Columbia Mall
    Hemlock Township
    Columbia County
    Approved
    7-16-97Premier Bank
    Doylestown
    Bucks County
    101 Floral Vale Blvd.
    Yardley
    Bucks County
    Approved
    7-18-97Summit Bank
    Bethlehem
    Northampton County
    Laneco Store
    Stefko Boulevard Shopping Center
    1880 Stefko Boulevard
    Bethlehem
    Northampton County
    Filed
    7-22-97PeoplesBank
    Glen Rock
    York County
    Normandie Ridge
    1700 Normandie Drive
    West Manchester Twp.
    York County
    (Limited Service Facility)
    Approved

    Branch Relocations/Consolidations

    DateName of Bank LocationAction
    7-16-97First Commonwealth Bank
    Indiana
    Indiana County
    To:545 W. Mahoning St.
    (300 Feet West)
    Punxsutawney
    Jefferson County
    Approved
    From:545 W. Mahoning St.
    Punxsutawney
    Jefferson County
    7-17-97Reeves Bank
    Beaver Falls
    Beaver County
    To:1700 Beaver Road
    Economy
    Beaver County
    Filed
    From:1676 W. State Street
    Economy
    Beaver County
    7-22-97Financial Trust Company
    Carlisle
    Cumberland County
    To:100 South Spring Garden Street
    Carlisle
    Cumberland County
    Approved
    From:Carlisle Plaza Mall
    East High Street
    Carlisle
    Cumberland County

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-1214. Filed for public inspection August 1, 1997, 9:00 a.m.]

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