1561 Action of applications

DEPARTMENT OF BANKING

Action on Applications

[30 Pa.B. 4738]

   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 29, 2000.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
8-23-00	Northwest Savings Bank Warren Warren County		Warren	Approved
	Purchase of Assets/Assumption of Liabilities of Nine (9) Branch Offices of Sovereign Bank, F.S.B., Wyomissing, Located at:
#5557	47 Turner Street Austin Potter County		50 South Main Street Mansfield Tioga County
#5558	302 North East Street Coudersport Potter County		61 Main Street Wellsboro Tioga County
#5559	30 West Street Galeton Potter County		16 Main Street Wellsboro Tioga County (Drive-Up Facility)
#5560	51 Academy Street Shinglehouse Potter County		100 East Main Street Westfield Tioga County
#5561	53 Main Street Lawrenceville Tioga County

Branch Applications

Date	Name of Bank		Location	Action
7-10-00	Mid Penn Bank Millersburg Dauphin County		2615 N. Front St. Harrisburg Dauphin County	Opened
8-17-00	Wayne Bank Honesdale Wayne County		Lords Valley Plaza Route 739 Blooming Grove Twp. Pike County	Opened

Branch Relocations

Date	Name of Bank		Location	Action
8-21-00	Somerset Trust Company Somerset Somerset County	To:	1416 Scalp Avenue Johnstown Richland Township Cambria County	Effective
		From:	3220 Elton Road Johnstown Richland Township Cambria County

Branch Discontinuances

Date	Name of Bank		Location	Action
8-23-00	United Bank of Philadelphia Philadelphia Philadelphia County		Three Branches at the Following Locations:	Approved
	40th and Chestnut Sts. Philadelphia Philadelphia County		4806 Frankford Ave. Philadelphia Philadelphia County

Articles of Amendment

Date	Name of Bank		Purpose	Action
8-28-00	Firstservice Bank Lansdale Montgomery County		Amendment to Article 2 provides for a change in the principal place of Business	Approved and Effective
		From:	139 South Broad St., Lansdale, Montgomery Co., PA 19446-3814;
		To:	90 N. Main St., Doylestown, Bucks Co., PA 18901; Article 5 changes the par value of Common Stock from $4.00 per share to $1.00 per share and Preferred Stock from $0.40 per share to $0.10 per share; and Article 6 increases the number of authorized shares of Common Stock to 25,000,000 at $1.00 per share and Preferred Stock to 25,000,000 at $0.10 per share.

SAVINGS INSTITUTIONS

Articles of Amendment

Date	Name of Association		Purpose	Action
8-25-00	ADP Savings Association Allentown Lehigh County		Provides for a change in principal place of business
		From:	881 Marcon Blvd., Allentown, Lehigh County, PA 18103;
		To:	1125 Virginia Drive, Fort Washington, Montgomery County, PA 19034-7506.	Approved and Effective

CREDIT UNIONS

Branch Applications

Date	Name of Credit Union		Location	Action
8-28-00	Lancaster Postal Employees    Credit Union Lancaster Lancaster County		1000 West Valley Road Southeastern Chester County	Filed

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 00-1561. Filed for public inspection September 8, 2000, 9:00 a.m.]