NOTICES
DEPARTMENT OF BANKING
Action on Applications
[27 Pa.B. 320]
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 December 31, 1996.
BANKING INSTITUTIONS
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-16-96 | Twin Rivers Community Bank Easton Northampton County | 1003 W. Broad St. Bethlehem Lehigh County | Opened | |
| 12-23-96 | Sun Bank Selinsgrove Snyder County | Old Routes 11 and 15 and Corner of Route 17 Liverpool Perry County | Filed |
Branch Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-6-96 | Northwest Savings Bank Warren Warren | From: | 537 Main Street Clarion Clarion County | Effective |
| Into: | 601 Main Street Clarion Clarion County |
SAVINGS ASSOCIATIONS
No activity.
CREDIT UNIONS
Conversions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 12-27-96 | Harrisburg Belco Federal Credit Union Harrisburg Dauphin County | Harrisburg | Filed | |
| To: | ||||
| Belco Credit Union Harrisburg Dauphin County | ||||
| Application represents conversion from a Federally-chartered credit union to a State-chartered credit union. | ||||
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 January 7, 1997.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 12-31-96 | 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 | Effective |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-2-97 | Patriot Interim Bank Pottstown Montgomery County | Pottstown | Filed | |
| Application to charter an interim commercial bank will be used to facilitate the conversion of Patriot Bank, Pottstown, from a Federally-chartered savings bank to a State-chartered commercial bank. | ||||
Conversions
| Date | Name of Institution | Location | Action | |
|---|---|---|---|---|
| 1-2-97 | Patriot Bank Pottstown Montgomery County | Pottstown | Filed | |
| To: | ||||
| Patriot Savings Bank Pottstown Montgomery County | ||||
| Application represents conversion from a Federally-chartered savings bank to a State-chartered savings bank. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-31-96 | Omega Bank, N. A., State College, and Montour Bank, Danville surviving institution-- Omega Bank, N. A., State College | State College | Effective |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-2-97 | Peoples Bank of Glen Rock Glen Rock York County | 2701 Eastern Blvd. York York County | Approved | |
| 1-6-97 | First Capitol Bank York York County | 2170 White Street York West Manchester Twp. York County | Opened |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 5-31-96 | Dauphin Deposit Bank and Trust Company Harrisburg Dauphin County | 760 Cumberland St. Lebanon Lebanon County | Effective |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 1-7-97 | Community Bank and Trust Company Forest City Susquehanna County | To Restate Article 8 of the Articles of Incorporation re indemnification of directors, officers, employes or agents of the institution. | Approved and Effective |
SAVINGS ASSOCIATIONS
Conversions
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 12-31-96 | Schuylkill Savings and Loan Association Schuylkill Haven Schuylkill County | Schuylkill Haven | Effective | |
| Represents conversion from a Pennsylvania-chartered mutual savings association to a Federally-chartered mutual savings association. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 12-27-96 | St. Edmond's Federal Savings Bank, Philadelphia, and Keystone Savings and Loan Association, Philadelphia surviving institution-- St. Edmond's Federal Savings Bank, Philadelphia | Philadelphia | Effective |
Branch Applications
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 1-2-97 | Slovenian Savings and Loan Association of Franklin- Conemaugh Conemaugh Cambria County | Riverside Shopping Center Jefferson Avenue Windber Somerset County | Approved |
CREDIT UNIONS
No activity.
RICHARD C. RISHEL,
Secretary
[Pa.B. Doc. No. 97-82. Filed for public inspection January 17, 1997, 9:00 a.m.]
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