1510 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[30 Pa.B. 4643]

   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 22, 2000.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
7-27-00	Sterling Financial Corporation,    Lancaster, to acquire 100% of    the voting shares of Hanover    Bancorp, Inc., Hanover		Lancaster	Effective
8-16-00	M&T Bank Corporation,    and Olympia Financial    Corp., Buffalo, NY,    to acquire 100% of the    voting shares of Keystone    Financial, Inc., Harrisburg,    PA		Buffalo, NY	Approved

Conversions

Date	Name of Institution		Location	Action
8-22-00	Chelten Hills Savings Association Abington Montgomery County To: Chelten Hills Savings Bank Abington Montgomery County		Abington	Approved
	Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
8-21-00	The Phillipsburg National Bank    and Trust Company, Phillipsburg,    NJ, and Twin Rivers Community    Bank, Easton, PA    Surviving Institution--    The Phillipsburg National Bank and    Trust Company, Phillipsburg, NJ    with a change in Corporate Title    to Vista Bank, National Association		Phillipsburg, NJ	Effective
8-22-00	Merchants Bank of Pennsylvania,    Shenandoah, and The First    National Bank of Leesport,    Leesport    Surviving Institution--    Merchants Bank of Pennsylvania,    Shenandoah, with a change in    Corporate Title to ''Leesport Bank''		Shenandoah	Approved

Branch Applications

Date	Name of Bank		Location	Action
8-14-00	Pittsburgh Home Savings Bank Pittsburgh Allegheny County		1000 Village Run Rd. Wexford Pine Township Allegheny County	Opened
8-22-00	First Commonwealth Bank Indiana Indiana County		9503 Lincoln Highway Bedford Bedford County	Approved

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
8-16-00	Bank of Hanover and    Trust Company Hanover York County	To:	10 Lincoln Street New Oxford Adams County	Approved
		From:	318 Lincolnway East New Oxford Adams County
8-16-00	Laurel Bank Johnstown Cambria County	To:	534 Main Street Berlin Somerset County	Approved
		From:	506 Main Street Berlin Somerset County

Branch Discontinuances

Date	Name of Bank		Location	Action
8-16-00	The Drovers & Merchants Bank York York County		Pennsylvania Ave.    and Landvalle St. York Haven York County	Approved
8-18-00	Main Street Bank Reading Berks County		3321 Willow Lane Macungie Lehigh County	Filed
8-18-00	Main Street Bank Reading Berks County		Route 61 Schuylkill Haven Schuylkill County	Filed

Articles of Amendment

Date	Name of Bank		Purpose	Action
8-18-00	Earthstar Bank Southampton Bucks County		To change the principal place of business From: 111 Second Street Pike, Southampton, Upper Southampton Township, Bucks County, PA To: 376 Second Street Pike, Southampton, Upper Southampton Township, Bucks County, PA	Approved and Effective

SAVINGS INSTITUTIONS

Branch Applications

Date	Name of Association		Location	Action
8-16-00	Washington Savings Association Philadelphia Philadelphia County		8729 Frankford Ave. Philadelphia Philadelphia County	Approved

CREDIT UNIONS

No activity.

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 00-1510. Filed for public inspection September 1, 2000, 9:00 a.m.]