1534 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 4787]

       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 31, 1999.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    8-27-99Main Street Bank, Reading,
       Pennsylvania, and Main
       Street Bank of New Jersey,
       Lambertville, New Jersey
       Surviving Institution--
       Main Street Bank, Reading,
       Pennsylvania
    Reading, PAEffective
    Interstate Branch Acquired Through Merger:
    39 Bridge Street
    Lambertville
    Hunterdon County, New Jersey

    Branch Applications

    DateName of BankLocationAction
    8-30-99Laurel Trust Company
    Johnstown
    Cambria County
    509 East Main Street
    Somerset
    Somerset County
    Approved
    8-30-99Premier Bank
    Doylestown
    Bucks County
    1401 Easton Avenue
    Bethlehem
    Lehigh County
    Approved
    8-30-99Fulton Bank
    Lancaster
    Lancaster County
    Meadowlands Executive
       Center
    3413A Concord Road
    Springettsbury Twp.
    York County
    Approved

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    8-30-99Prime Bank
    Philadelphia
    Philadelphia County
    Into:9501 Bustleton Ave.
    Philadelphia
    Philadelphia County
    Approved
    From:1695 Grant Avenue
    Philadelphia
    Philadelphia County
    Note:  This transaction is contingent upon the pending merger of Prime Bank with and into Summit Bank, Bethlehem; the Bustleton Avenue address is a branch office of Summit Bank.

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    8-25-99Norristown Bell Credit Union,
       Blue Bell, and Abcon Credit
       Union, Valley Forge
       Surviving Institution--
       Norristown Bell Credit Union,
       Blue Bell
    Blue BellApproved

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-1534. Filed for public inspection September 10, 1999, 9:00 a.m.]

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