1503 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [27 Pa.B. 4835]

       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 9, 1997.

    BANKING INSTITUTIONS

    New Charters

    DateName of Bank LocationAction
    9-4-97Premier Interim Bank
    Doylestown
    Bucks County
    DoylestownApproved
    Subject institution will be utilized to merge with Premier Bank, Doylestown, and the surviving institution will be acquired by Premier Bancorp, Inc., a bank holding company in organization.

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    9-4-97Penncore Phantom Savings Bank,    Newtown, and Commonwealth    Savings Bank, Newtown
       Surviving Institution--Penncore    Phantom Savings Bank, Newtown
    NewtownApproved
    Effective
    9-8-97
    Subject merger will be used to facilitate the acquisition of Commonwealth State Bank, Newtown, by ML Bancorp, Inc., Villanova.

    Branch Applications

    DateName of Bank LocationAction
    9-5-97Mid Penn Bank
    Millersburg
    Dauphin County
    Mobile branch to be operated at various locations throughout Dauphin and Cumberland CountiesApproved
    9-8-97The York Bank and Trust Company
    York
    York County
    Weis Market
    1800 Roosevelt Ave.
    York
    York County
    Filed

    Branch Relocations/Consolidations

    DateName of Bank LocationAction
    9-8-97Summit Bank
    Bethlehem
    Northampton County
    To:Laneco Store
    Stefko Boulevard Shopping Center
    1880 Stefko Blvd.
    Bethlehem
    Northampton County
    Approved
    From:Stefko Boulevard Shopping Center
    1816 Stefko Blvd.
    Bethlehem
    Northampton County

    SAVINGS ASSOCIATIONS

    No activity.

    CREDIT UNIONS

    New Charters

    DateName of Credit Union LocationAction
    9-2-97Trident Credit Union
    Philadelphia
    Philadelphia County
    2325 Brown Street
    Philadelphia
    Philadelphia County
    Commenced
    Operations

    Conversions

    DateName of Credit Union LocationAction
    9-2-97Acco York Federal Credit Union
    York
    York County
            To:
    Acco and Associates Credit Union
    York
    York County
    YorkApplication
    Withdrawn
    Application represented conversion from a Federally-chartered credit union to a State-chartered credit union.

    RICHARD C. RISHEL,   
    Secretary

    [Pa.B. Doc. No. 97-1503. Filed for public inspection September 19, 1997, 9:00 a.m.]

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