1537 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [26 Pa.B. 4438]

       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 3, 1996.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of BankLocationAction
    8-28-96American Bank of the
       Lehigh Valley
    Allentown
    Lehigh County
    4029 W. Tilghman St.
    Allentown
    Lehigh County
    Approved
    8-29-96Centre Square Trust Company
    Philadelphia
    Philadelphia County
    PhiladelphiaApproved
    The institution is being incorporated for the limited purpose of becoming transferee of certain corporate trust accounts held by Meridian Trust Company, a wholly-owned subsidiary of CoreStates Financial Corp., Philadelphia.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    8-28-96Northside Bank
    Pittsburgh
    Allegheny County
    PittsburghFiled
    Purchase of assets/assumption
    of liabilities of one branch
    office of First Home Savings Bank,
    Pittsburgh, located at:
    701 Liberty Avenue
    Pittsburgh
    Allegheny County

    Branch Applications

    DateName of BankLocationAction
    8-26-96Mauch Chunk Trust Company
    Jim Thorpe
    Carbon County
    Redner's Market
    184 Market St.
    Nesquehoning
    Carbon County
    Filed
    8-27-96Twin Rivers Community Bank
    Easton
    Northampton County
    2850 Easton Avenue
    Bethlehem
    Northampton County
    Approved
    8-29-96Mifflinburg Bank and
       Trust Company
    Mifflinburg
    Union County
    Route 2
    Market Drive
    Spring Mills
    Centre County
    Filed
    8-29-96Wayne Bank
    Honesdale
    Wayne County
    WalMart Supercenter
    Brown and Lincoln Sts.
    East Stroudsburg
    Monroe County
    Authorization
    Surrendered

    Branch Relocations

    DateName of BankLocationAction
    8-29-96Northern Central Bank
    Williamsport
    Lycoming County
    To:Colonial Plaza
    Towanda
    Bradford County
    Approved
    From:Colonial Plaza
    Route 6
    Towanda
    Bradford County

    SAVINGS ASSOCIATIONS

    Branch Applications

    DateName of AssociationLocationAction
    8-27-96First Financial Savings
       Association
    Downingtown
    Chester County
    82 Quarry Road
    Downingtown
    Chester County
    Opened

    CREDIT UNION

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 96-1537. Filed for public inspection September 13, 1996, 9:00 a.m.]

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