1493 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 4639]

       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 September 1, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    8-27-98Emclaire Financial Corp.,
       Emlenton, to acquire 100% of
       the voting shares of Peoples
       Savings Financial Corporation,
       Ridgway
    EmlentonApproved
    Effective
    8-31-98

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    8-31-98The Farmers National Bank
       of Emlenton, Emlenton, and
       Peoples Savings Bank, Ridgway
       Surviving Institution--
       The Farmers National Bank
       of Emlenton
    EmlentonEffective

    Branch Applications

    DateName of Bank LocationAction
    4-23-98Dauphin Deposit Bank and
       Trust Company
    Harrisburg
    Dauphin County
    21 East Market Street
    York
    York County
    (Trust Office)
    Opened
    8-24-98Summit Bank
    Bethlehem
    Northampton County
    Pathmark Supermarket
    140 North McDade Blvd.
    Glenolden
    Delaware County
    Opened
    8-25-98The Madison Bank
    Blue Bell
    Montgomery County
    100 West Main Street
    Lansdale
    Montgomery County
    Opened
    8-27-98First Republic Bank
    Philadelphia
    Philadelphia County
    1818 Market Street
    Philadelphia
    Philadelphia County
    Opened
    8-27-98Berks County Bank
    Reading
    Berks County
    3900 Hamilton Center
    3900 Hamilton Blvd.
    South Whitehall Twp.
    Lehigh County
    Filed
    8-28-98Wilmington Trust of
       Pennsylvania
    West Chester
    Chester County
    787 East Lancaster Ave.
    Villanova
    Delaware County
    Filed
    8-31-98BankPhiladelphia
    Philadelphia
    Philadelphia County
    18 E. Wynnewood Avenue
    Wynnewood
    Montgomery County
    Filed
    8-31-98Fidelity Deposit and
       Discount Bank
    Dunmore
    Lackawanna County
    336--338 North Washington
       Avenue
    Scranton
    Lackawanna County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    8-24-98Penn Security Bank &
       Trust Company
    Scranton
    Lackawanna County
    To:Corner of Sanderson
       Avenue & E. Market St.
    Scranton
    Lackawanna County
    Effective
    From:E. Market St. and
       Boulevard Avenue
    Scranton
    Lackawanna County
    8-28-98Northern Central Bank
    Williamsport
    Lycoming County
    To:Dandy Mini-Mart
    Route 187 (Main St.)
    Rome
    Bradford County
    Approved
    From:Main Street
    Rome
    Bradford County

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit Union LocationAction
    8-28-98Belco Community Credit Union,
       Harrisburg, and Gettysburg
       Area Federal Credit Union,
       Gettysburg
       Surviving Institution--
       Belco Community Credit Union,
       Harrisburg
    HarrisburgApproved
    Effective
    9-1-98

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1493. Filed for public inspection September 11, 1998, 9:00 a.m.]

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