1557 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 4801]

   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 15, 1998.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
9-15-98	First Commonwealth Financial Corporation, Indiana, to acquire 100% of the voting shares of Southwest National Corporation, Greensburg		Indiana	Filed

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
9-10-98	First Western Bank, National Association, New Castle, and First Western Trust Services Company, New Castle Surviving Institution-- First Western Bank, National Association		New Castle	Effective
9-11-98	Lafayette Bank, Easton, and Ambassador Bank of the Commonwealth, Allentown Surviving Institution-- Lafayette Bank, Easton, with a change in corporate title to ''Lafayette Ambassador Bank''		Easton	Effective
	All branch offices of Ambassador Bank of the Commonwealth will become branches of Lafayette Ambassador Bank including the former main office located at:
	4127 Tilghman Street Allentown Lehigh County
9-15-98	Northwest Savings Bank Warren Warren County		Warren	Filed
	Purchase of assets/assumption of liabilities of eight offices of National City Bank of Pennsylvania, Pittsburgh, located at:
	103 Broad Street New Bethlehem Clarion County		Front Street Fredericktown Washington County
	1200 Old Town Road Clearfield Clearfield County		101 East Lincoln Avenue McDonald Washington County
	1945 Douglas Parkway Erie Erie County		342 Main Street Wampum Lawrence County
	22 North Main Street Union City Erie County		102 East State Street Pleasantville Venango County

Branch Applications

Date	Name of Bank		Location	Action
6-27-97	Mifflinburg Bank and    Trust Company Mifflinburg Union County		Route 2 Market Drive Spring Mills Centre County	Opened
9-9-98	The Drovers & Mechanics Bank York York County		Route 15 and    Spring Lane Road Dillsburg Carroll Township York County	Approved
8-31-98	Irwin Bank & Trust    Company Irwin Westmoreland County		Shop N Save Supermarket Oak Park Mall 2001 Lincoln Way White Oak Allegheny County	Opened
9-14-98	Berks County Bank Reading Berks County		3900 Hamilton Center 3900 Hamilton Blvd. South Whitehall Twp. Lehigh County	Approved

Articles of Amendment

Date	Name of Bank		Purpose	Action
9-10-98	First Western Trust    Services Company New Castle Lawrence County		To change the purpose clause of the trust company to that of acting as a bank and trust company.	Approved Effective

SAVINGS ASSOCIATIONS

Conversions

Date	Name of Association		Location	Action
9-15-98	Security Savings Association    of Hazleton Hazleton Luzerne County		Hazleton	Filed
	Application represents conversion from a State-chartered mutual savings association to a State-chartered stock savings association.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-1557. Filed for public inspection September 25, 1998, 9:00 a.m.]