1523 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [28 Pa.B. 4725]

       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 8, 1998.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    Date Name of Corporation Location Action
    9-8-98Susquehanna Bancshares, Inc.,
    Lititz, to acquire 100% of the voting shares of Cardinal Bancorp, Inc., Everett
    LititzApproved

    Charter Applications

    DateName of BankLocationAction
    9-8-98HomeTowne Heritage Bank
    Earl Township
    Lancaster County
    Earl TownshipFiled
    Correspondent:
    J. Lawrence Grim, Jr., Esq.
    Grim, Biehn & Thatcher
    Sixth & Chestnut Sts.
    P. O. Box 215
    Perkasie, PA 18944

    Conversions

    DateName of InstitutionLocationAction
    9-3-98Bally Building and Loan
       Association
    Bally
    Berks County
    BallyApproved
    To:
    Bally Savings Bank
    Bally
    Berks County
    Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-8-98Lafayette Bank, Easton,
    and Ambassador Bank of the Commonwealth, Allentown
    Surviving Institution--
    Lafayette Bank, Easton, with a change in corporate title to Lafayette Ambassador Bank
    EastonApproved

    Branch Applications

    DateName of BankLocationAction
    9-1-98Summit Bank
    Bethlehem
    Northampton County
    Genuardi's Family Market
    1758 Allentown Road
    Lansdale
    Montgomery County
    Filed
    9-3-98Farmers First Bank
    Lititz
    Lancaster County
    Weis Market
    Route 30 and Fruitville Pike
    Manheim Township
    Lancaster County
    Approved

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    9-1-98Reeves Bank
    Beaver Falls
    Beaver County
    To:1700 Beaver Road
    Baden
    Beaver County
    Effective
    From:280 Ohio River Blvd.
    Baden
    Beaver County
    9-4-98Jersey Shore State Bank
    Jersey Shore
    Lycoming County
    To:WalMart Supercenter
    Hogan Boulevard and
       Country Club Lane
    Mill Hall
    Clinton County
    Approved
    From:Millbrook Plaza
    Hogan Boulevard
    Mill Hall
    Clinton County

    Branch Discontinuances

    DateName of BankLocationAction
    9-2-98The York Bank and Trust Company
    York
    York County
    Nine branch offices at the
    following locations:
    Approved
    Weis Market
    4300 Linglestown Road
    Harrisburg
    Dauphin County
    Weis Market
    800 South 12th Street
    Lebanon
    Lebanon County
    Weis Market
    5000 Jonestown Road
    Harrisburg
    Dauphin County
    Weis Market
    2160 White Street
    York
    York County
    Weis Market
    3885 Union Deposit Road
    Harrisburg
    Dauphin County
    West Manchester Mall
    1800 Loucks Road
    York
    York County
    Weis Market
    1651 East Cumberland Street
    Lebanon
    Lebanon County
    1425 North Sherman Street
    York
    York County
    2220 South Queen Street
    York
    York County
    9-4-98Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    118 North Wayne Ave.
    Wayne
    Delaware County
    Approved

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    No activity.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 98-1523. Filed for public inspection September 18, 1998, 9:00 a.m.]

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