1636 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 4657]

   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 17, 1996.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
9-13-96	Prime Newco, Inc. (to be renamed Prime Bancorp, Inc.), Philadelphia, to merge with First Sterling Bancorp, Inc., Devon, and so indirectly acquire First Sterling Bank, Devon		Philadelphia	Filed

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
9-12-96	Pittsburgh Home Savings Bank Pittsburgh Allegheny County		Pittsburgh	Filed
	Purchase of assets/assumption of liabilities of one branch office of First Home Savings Bank, FSB, Pittsburgh, located at:
	2505 West Liberty Avenue Pittsburgh Allegheny County

Branch Applications

Date	Name of Bank		Location	Action
9-9-96	Ambassador Bank of the    Commonwealth Allentown Lehigh County		1323 Grape Street Whitehall Lehigh County	Opened
9-12-96	United Bank of Philadelphia Philadelphia Philadelphia County		100 E. Olney Avenue Philadelphia Philadelphia County	Filed
9-13-96	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		Cressler's Grocery Store 1075 W. King Street Shippensburg Franklin County	Filed
9-16-96	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		WalMart 1355 E. Lehman Street Lebanon Lebanon County	Filed
9-16-96	Berks County Bank Reading Berks County		4453 Fifth Street Highway Muhlenberg Twp. Berks County	Filed
9-16-96	Mid-State Bank and Trust Company Altoona Blair County		3180 W. College Ave. State College Ferguson Township Centre County	Opened

Branch Discontinuances

Date	Name of Bank		Location	Action
9-12-96	United Bank of Philadelphia Philadelphia Philadelphia County		1321 West Lindley Ave. Philadelphia Philadelphia County	Filed
9-12-96	United Bank of Philadelphia Philadelphia Philadelphia County		1015 North Marshall St. Philadelphia Philadelphia County	Filed
9-13-96	Dauphin Deposit Bank and Trust    Company Harrisburg Dauphin County		871 W. King Street Shippensburg Franklin County	Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-1636. Filed for public inspection September 27, 1996, 9:00 a.m.]