1280 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 3811]

   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 28, 1998.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
7-24-98	Emclaire Financial Corp., Emlenton, to acquire 100% of the voting shares of Peoples Savings Financial Corporation, Ridgway		Emlenton	Filed
7-28-98	JeffBanks, Inc., Haverford, to acquire 100% of the voting shares of Regent National Corp., Philadelphia		Haverford	Approved

New Charter Applications

Date	Name of Bank		Location	Action
7-28-98	Peoples Home Interim Savings Bank Beaver Falls Beaver County		1427 Seventh Avenue Beaver Falls Beaver County	Filed

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
7-28-98	Jefferson Bank, Haverford, and Regent National Bank, Philadelphia Surviving Institution-- Jefferson Bank, Haverford		Haverford	Approved

Branch Applications

Date	Name of Bank		Location	Action
7-20-98	First County Bank Doylestown Bucks County		3325 Street Road Bensalem Bucks County	Opened
7-21-98	Summit Bank Bethlehem Northampton County		Pathmark Supermarket 421 S. 69th Boulevard Upper Darby Delaware County	Opened
7-23-98	East Penn Bank Emmaus Lehigh County		951 State Street Mertztown Longswamp Township Berks County	Approved
7-24-98	PeoplesBank, a Codorus    Valley Company Glen Rock York County		Stone Bridge Commerce Center R. D. 2, Wolfe Road Hopewell Township York County	Approved
7-24-98	Prime Bank Philadelphia Philadelphia County		1235 West Chester Pike Havertown Delaware County	Approved
7-27-98	Summit Bank Bethlehem Northampton County		Pathmark Supermarket 140 North McDade Blvd. Glenolden Delaware County	Approved
7-27-98	Summit Bank Bethlehem Northampton County		Genuardi's Family Market 1925 Norristown Road Maple Glen Montgomery County	Approved
7-27-98	Summit Bank Bethlehem Northampton County		Genuardi's Family Market Country Square Shopping Center 1045 Bustleton Pike Feasterville Bucks County	Filed
7-27-98	Summit Bank Bethlehem Northampton County		Genuardi's Family Market 2850 Audubon Village Dr. Audubon Montgomery County	Filed

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
7-20-98	Greater Delaware Valley Savings    Bank Broomall Delaware County	To:	500 East Township Line Road Havertown Delaware County	Filed
		From:	2-6 Brookline Blvd. Havertown Delaware County
7-23-98	Reeves Bank Beaver Falls Beaver County	To: #3590	1700 Beaver Road Baden Beaver County	Approved
		From: #1547	280 Ohio River Blvd. Baden Beaver County

Branch Discontinuances

Date	Name of Bank		Location	Action
7-22-98	First Commonwealth Bank Indiana Indiana County		500 Hyde Park Road Leechburg Armstrong County	Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Articles of Amendment

Date	Name of Credit Union	Purpose		Action
7-24-98	National Group Employees Credit    Union Frazer Chester County		To provide for a change of name in the field of membership.	Approved and Effective

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-1280. Filed for public inspection August 7, 1998, 9:00 a.m.]