NOTICES
DEPARTMENT OF BANKING
Action on Applications
[29 Pa.B. 1401]
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 March 2, 1999.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 3-1-99 | ACNB Corporation, Gettysburg, to acquire 100% of the voting shares of Farmers National Bancorp, Inc., Newville, and indirectly Farmers National Bank of Newville | Gettysburg | Effective |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-26-99 | Community Bank of Chester County Exton Chester County | 629 N. Pottstown Pike Exton Chester County | Commenced Business | |
| Community Bank of Chester County is a wholly-owned subsidiary of CBCC, Inc., Exton, a new Pennsylvania bank holding company. | ||||
Conversions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-27-99 | First National Bank of Jermyn Jermyn Lackawanna County To: First Liberty Bank & Trust Jermyn Lackawanna County | Jermyn | Effective | |
| Represents conversion from a Nationally-chartered banking institution to a State-chartered banking institution. Subject bank is a wholly-owned subsidiary of First Liberty Bancorp, Inc., Jermyn, a bank holding company. | ||||
| Branches Acquired by Conversion: | ||||
| 1700 Keyser Avenue Scranton Lackawanna County | 67 Salem Avenue Carbondale Lackawanna County | |||
| 210 Church Street Jessup Lackawanna County | Route 502 Daleville Lackawanna County | |||
| 500 Davis Street Scranton Lackawanna County | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-24-99 | 1st Summit Bank Johnstown Cambria County | Johnstown | Approved | |
| Purchase of assets/assumptions of liabilities of two branch offices of Laurel Bank, Johnstown, located at: | ||||
| 117 Route 286 Indiana Indiana County | 922 North Philadelphia Avenue Indiana *Indiana County | |||
| *Upon consummation of the transaction, the Philadelphia Avenue branch office will be consolidated in the Route 286 office. | ||||
| 2-27-99 | Marine Midland Bank, Buffalo, New York, and First Commercial Bank of Philadelphia, Philadelphia, Pennsylvania Surviving Institution-- Marine Midland Bank, Buffalo, New York | Buffalo, New York | Effective | |
| 2-27-99 | First Liberty Bank & Trust, Jermyn, and NBO National Bank, Olyphant Surviving Institution-- First Liberty Bank & Trust Jermyn | Jermyn | Effective | |
| Branches Acquired by Merger: | ||||
| 128 Lackawanna Street Olyphant Lackawanna County | 45 South Main Street Pittston Luzerne County | |||
| 1300 Wyoming Avenue Scranton Lackawanna County | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-25-99 | Elderton State Bank Elderton Armstrong County | Water Street and and Route 85 Rural Valley Armstrong County | Approved |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-27-99 | Fulton Bank Lancaster Lancaster County | 38 E. Roseville Rd. Lancaster Lancaster County | Effective |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 3-2-99 | USBANCORP Trust Company Johnstown Cambria County | To amend Article One of the Articles of Incorporation to provide for a change in corporate title to ''USBANCORP Trust and Financial Services Company.'' | Approved and Effective |
SAVINGS ASSOCIATIONS
CONVERSIONS
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 2-26-99 | American Eagle Savings and Loan Association Boothwyn Delaware County To: American Eagle Savings Bank Boothwyn Delaware County | Boothwyn | Effective | |
| Represents conversion from a Pennsylvania State-chartered mutual savings association to a Federally-chartered mutual savings bank. | ||||
CREDIT UNIONS
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 3-2-99 | Philadelphia Telco Credit Union, Trevose, and Air Shields Employees Credit Union, Hatboro Surviving Institution-- Philadelphia Telco Credit Union, Trevose | Trevose | Filed |
RICHARD C. RISHEL,
Secretary
[Pa.B. Doc. No. 99-411. Filed for public inspection March 12, 1999, 9:00 a.m.]
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