NOTICES
DEPARTMENT OF BANKING
Action on Applications
[27 Pa.B. 5503]
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 October 14, 1997.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 10-6-97 | The Chase Manhattan Corporation, New York, NY, to acquire 100% of the voting stock of New Trust Company, National Association, Pittsburgh, PA | New York, NY | Filed |
New Chapter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-6-97 | Susquehanna Trust Company Lititz Lancaster County | 26 N. Cedar Street Lititz Lancaster County | Filed | |
| Correspondent: | ||||
| Charles L. O'Brien, Esq. Morgan, Lewis & Brockius, LLP 417 Walnut St. Harrisburg, PA 17101 |
Conversions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 10-10-97 | PSB Mutual Holding Co. Philadelphia Philadelphia County | Philadelphia | Filed | |
| To: | ||||
| PSB Bancorp, Inc. Philadelphia Philadelphia County | ||||
| Represents conversion from a mutual holding company to a stock holding company. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-10-97 | Johnstown Bank and Trust Company Johnstown; Laurel Bank, Ebensburg; and Fayette Bank, Uniontown Surviving Institution-- Johnstown Bank and Trust Company, Johnstown, with a change in corporate title to ''Laurel Bank'' | Johnstown | Effective | |
| Branches Acquired Via Merger: | ||||
| 111 West High Street Ebensburg Cambria County | 58 West Main Street Uniontown Fayette County | |||
| 10-14-97 | Community Bank and Trust Company Forest City Susquehanna County | Forest City | Approved | |
| Purchase of assets/assumption of liabilities of two Branch Offices of First Union National Bank, Avondale, located at: | ||||
| Eynon Plaza Route 6 Eynon Lackawanna County | 97 College Avenue Factoryville Wyoming |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-12-97 | Summit Bank Bethlehem Northampton County | Laneco Store Stefko Boulevard Shopping Center 1880 Stefko Boulevard Bethlehem Northampton County | Opened | |
| 10-9-97 | The Peoples Bank of Oxford Oxford Chester County | Baltimore Pike and Route 796 Penn Township Chester County | Filed |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-6-97 | Parkvale Savings Bank Monroeville Allegheny County | To: | 4885 McKnight Road Storeroom #1A Pittsburgh Ross Township Allegheny County | Filed |
| From: | 4885 McKnight Road Storeroom #18 Pittsburgh Ross Township Allegheny County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-26-97 | Summit Bank Bethlehem Northampton County | 55 Blue Valley Dr. Bangor Northampton County | Effective |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 10-10-97 | BT Management Trust Company Johnstown Cambria County | To provide for a change in corporate title to ''Laurel Trust Company.'' | Approved and Effective | |
SAVINGS ASSOCIATIONS
No activity.
CREDIT UNIONS
No activity.
RICHARD C. RISHEL,
Secretary
[Pa.B. Doc. No. 97-1700. Filed for public inspection October 24, 1997, 9:00 a.m.]
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