NOTICES
DEPARTMENT OF BANKING
Action on Applications
[28 Pa.B. 282]
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 6, 1998.
BANKING INSTITUTIONS
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-6-97 | Susquehanna Trust Company Lititz Lancaster County | 26 North Cedar St. Lititz Lancaster County | Approved |
Mutual Holding Company Reorganization
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-30-97 | Standard Bank, PaSB Monroeville Allegheny County | Monroeville | Filed | |
| Application represents reorganization into a mutual holding company to be known as ''Standard Mutual Holding Company,'' Monroeville. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-31-97 | Penn Security Bank and Trust Company, Scranton, and Penn Security Interim Bank and Trust Company, Scranton Surviving Institution-- Penn Security Bank and Trust Company, Scranton | Scranton | Effective | |
| Subject merger is being effected to facilitate the acquisition of Penn Security Bank and Trust Company, Scranton, by Penseco Financial Services Corporation, Scranton, a new bank holding company. | ||||
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-5-98 | First Commonwealth Bank Indiana Indiana County | To: | 545 W. Mahoning St. (300 Feet West) Punxsutawney Jefferson County | Effective |
| From: | 545 W. Mahoning St. Punxsutawney Jefferson County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-31-97 | Fulton Bank Lancaster Lancaster County | 820 S. Main St. Akron Lancaster County | Effective |
SAVINGS ASSOCIATIONS
Consolidations, Mergers and Absorptions
| Date | Name of Savings Association | Location | Action | |
|---|---|---|---|---|
| 1-1-98 | Feltonville Building and Loan Association, Philadelphia, and Cornerstone Building and Loan Association, Glenside Surviving Institution-- Feltonville Building and Loan Association, Philadelphia, with a change in corporate title and principal place of business to Cornerstone-Feltonville Building and Loan Association, Glenside | Philadelphia | Effective |
CREDIT UNIONS
No activity.
RICHARD C. RISHEL,
Secretary
[Pa.B. Doc. No. 98-83. Filed for public inspection January 16, 1998, 9:00 a.m.]
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