NOTICES
DEPARTMENT OF BANKING
Action on Applications
[29 Pa.B. 3222]
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 June 15, 1999.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 6-10-99 | Penn Laurel Financial Corp., Curwensville, to acquire 100% of the voting shares of Clearfield Bank & Trust Company, Clearfield | Curwensville | Approved | |
| 6-14-99 | BT Financial Corporation, Johnstown, to acquire 100% of the voting shares of First Philson Financial Corporation, Berlin | Johnstown | Approved |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-9-99 | Asian Bank Philadelphia Philadelphia County | 1008 Arch Street Philadelphia Philadelphia County | Commenced Operations | |
| Asian Bank, is a wholly-owned subsidiary of Asian Financial Corp., Philadelphia, a new bank holding company. | ||||
| 6-10-99 | The Legacy Bank of Harrisburg Harrisburg Dauphin County | 2600 Commerce Drive Harrisburg Dauphin County | Approved | |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-14-99 | Laurel Bank, Johnstown and First Philson Bank, N.A., Berlin Surviving Institution-- Laurel Bank, Johnstown | Johnstown | Approved |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-2-99 | Main Street Bank Reading Berks County | 50 West Market Street West Chester Chester County | Opened | |
| 6-5-99 | Main Street Bank Reading Berks County | 102 Pennsylvania Ave. Avondale Chester County | Opened | |
| 6-7-99 | Beneficial Mutual Savings Bank Philadelphia Philadelphia County | Five Points Plaza Shopping Center 640 Cowpath Road Montgomeryville Montgomery County | Opened | |
| 6-10-99 | Sun Bank Selinsgrove Snyder County | Route 15 & Route 45 Lewisburg Union County | Approved | |
| 6-10-99 | Harris Savings Bank Harrisburg Dauphin County | Wertzville Road and Center Street Enola East Pennsboro Twp. Cumberland County | Approved | |
| 6-10-99 | Merchants Bank of Pennsylvania Shenandoah Schuylkill County | 810 McNair Street Hazleton Luzerne County | Filed | |
| 6-10-99 | Bank of Hanover and Trust Company Hanover York County | 2215 E. Market St. York York County | Approved | |
| 6-10-99 | Northwest Savings Bank Warren Warren County | 1903 Hubbard Road North Madison Lake County, Ohio | Opened | |
| 6-11-99 | Harris Savings Bank Harrisburg Dauphin County | 1515 DeKalb Pike Blue Bell Whitpain Township Montgomery County | Opened | |
| 6-14-99 | East Penn Bank Emmaus Lehigh County | 861 North Route 100 Upper Macungie Twp. Lehigh County | Approved | |
| 6-14-99 | First Liberty Bank & Trust Jermyn Lackawanna County | 910 Commerce Avenue Dickson City Lackawanna County | Approved | |
| 6-14-99 | Jefferson Bank Haverford Montgomery County | 11725 Bustleton Avenue Philadelphia Philadelphia County | Filed |
Branch Relocations/Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-10-99 | Southwest Bank Greensburg Westmoreland County | Into: | 5 Fourth Street Youngwood Westmoreland County | Approved |
| From: | Route 119 South Greensburg Westmoreland County | |||
| 6-10-99 | Southwest Bank Greensburg Westmoreland County | Into: | 331 East Sixth Avenue Tarentum Allegheny County | Approved |
| From: | 1121 Brackenbridge Avenue Brackenbridge Allegheny County | |||
| 6-10-99 | First Liberty Bank & Trust Jermyn Lackawanna County | To: | Route 435 Moscow Lackawanna County | Approved |
| From: | Route 502 Moscow Lackawanna County |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 6-14-99 | American Bank of the Lehigh Valley Allentown Lehigh County | To amend Article First which provides for a change in corporate title to ''American Bank.'' | Approved and Effective | |
| 6-14-99 | Brentwood Savings Bank Pittsburgh Allegheny County | To amend Article First which provides for a change in corporate title to ''Brentwood Bank;'' and Article Second which provides for a change in the principal place of business to 411 McMurray Road, Bethel Park, Allegheny County, PA 15102. | Approved and Effective |
SAVINGS ASSOCIATIONS
Branch Applications
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 5-17-99 | North Penn Savings & Loan Scranton Lackawanna County | 651 Northern Boulevard Clarks Summit South Abington Twp. Lackawanna County | Opened |
CREDIT UNIONS
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 6-14-99 | Philadelphia Telco Credit Union, Trevose, and Air-Shields Employees Credit Union, Hatboro Surviving Institution-- Philadelphia Telco Credit Union, Trevose | Trevose | Effective |
DAVID E. ZUERN,
Secretary
[Pa.B. Doc. No. 99-1015. Filed for public inspection June 25, 1999, 9:00 a.m.]
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