1395 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 4247]

       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 18, 1998.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    8-13-98Mentor Trust Company,
       Philadelphia, Pennsylvania,
       and First Union National Bank,
       Charlotte, North Carolina
       Surviving Institution--
       First Union National Bank,
       Charlotte, North Carolina
    Philadelphia, PAEffective

    Branch Applications

    DateName of BankLocationAction
    8-10-98Laurel Trust Company
    Johnstown
    Cambria County
    41 North Main Street
    Suite 100
    Greensburg
    Westmoreland County
    Opened
    8-12-98Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family
       Market
    Country Square
       Shopping Center
    1045 Bustleton Pike
    Feasterville
    Bucks County
    Approved
    8-12-98Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family
       Market
    2850 Audubon Village Dr.
    Audubon
    Montgomery County
    Approved
    8-13-98Farmers First Bank
    Lititz
    Lancaster County
    Weis Market
    Rte. 30 & Fruitville Pike
    Manheim Township
    Lancaster County
    Filed
    8-17-98Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    Five Points Plaza
       Shopping Center
    640 Cowpath Road
    Montgomeryville
    Montgomery County
    Filed

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    8-13-98Greater Delaware Valley
       Savings Bank
    Broomall
    Delaware County
    To:500 East Township
       Line Road
    Havertown
    Delaware County
    Approved
    From:2-6 Brookline Blvd.
    Havertown
    Delaware County
    8-13-98Pennview Savings Bank
    Souderton
    Montgomery County
    To:503 Harleysville Pike
    Franconia Township
    Montgomery County
    Filed
    From:500 Harleysville Pike
    Franconia Township
    Montgomery County
    8-14-98Laurel Bank
    Johnstown
    Cambria County
    To:200 Weldon Street
    Latrobe
    Westmoreland County
    Approved
    From:1001 Ligonier Street
    Latrobe
    Westmoreland County
    8-14-98Jefferson Bank
    Haverford
    Montgomery County
    To:1607 Walnut Street
    Philadelphia
    Philadelphia County
    Approved
    From:1430 Walnut Street
    Philadelphia
    Philadelphia County

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    8-17-98Jersey Shore State Bank
    Jersey Shore
    Lycoming County
    To:Hogan Boulevard and
       Country Club Lane
    Mill Hall
    Clinton County
    Filed
    From:Millbrook Plaza
    Hogan Boulevard
    Mill Hall
    Clinton County

    Articles of Amendment

    DateName of BankPurposeAction
    8-13-98Mentor Trust Company
    Philadelphia
    Philadelphia County
    To change the purpose of the trust company to that of a bank and trust company in order to facilitate the merger of the trust company with and into First Union National Bank, Charlotte, North CarolinaApproved
    and
    Effective

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    8-14-98Diamond Credit Union, Pottstown,
       and Mrs. Smith's Pie Company
       Federal Credit Union, Pottstown
       Surviving Institution--
       Diamond Credit Union, Pottstown
    PottstownApproved

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1395. Filed for public inspection August 28, 1998, 9:00 a.m.]

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