NOTICES
DEPARTMENT OF BANKING
Action on Applications
[29 Pa.B. 3373]
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 22, 1999.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 6-15-99 | Summit Bancorp, Princeton, New Jersey, and First Valley Corporation, Bethlehem, PA, to acquire 100% of the voting shares of Prime Bancorp, Inc., Fort Washington, PA | Princeton, NJ | Approved |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-18-99 | Northeast Pennsylvania Trust Company Hazleton Luzerne County | 2 East Broad Street Hazleton Luzerne County | Approved |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-15-99 | United Bank of Philadelphia Philadelphia Philadelphia County | Philadelphia | Filed | |
| Purchase of assets/assumption of liabilities of three branch offices of First Union National Bank, Charlotte, NC, located at: | ||||
| 1620 Wadsworth Avenue Philadelphia Philadelphia County | 3945-49 Chestnut Street Philadelphia Philadelphia County | |||
| 2836 West Girard Avenue Philadelphia Philadelphia County | ||||
| Summit Bank, Bethlehem, and Prime Bank, Philadelphia Surviving Institution--Summit Bank, Bethlehem | Bethlehem | Approved | ||
| 6-18-99 | Northwest Savings Bank Warren Warren County | Warren | Filed | |
| Purchase of assets/assumption of liabilities of eight branch offices of PNC Bank, N.A., Pittsburgh, located at: | ||||
| 475 Theatre Drive Johnstown Cambria County Lyter Drive & Entrance Way Johnstown Cambria County | Walnut & West Spruce Street Marienville Forest County 428 Main Street Smethport McKean County | |||
| 225-227 Franklin Street Johnstown Cambria County | 5 Buckingham Street Tidioute Warren County | |||
| 221 Elm Street Tionesta Forest County | 101 South Main Street Sheffield Warren County | |||
| 6-18-99 | The Peoples State Bank East Berlin Adams County | East Berlin | Filed | |
| Purchase of assets/assumption of liabilities of one branch office of Sovereign Bank, FSB, Wyomissing, located at: | ||||
| 29 North Washington Street Gettysburg Adams County |
Interstate Branch Applications
| Date | Name of Bank | Location | Article | |
|---|---|---|---|---|
| 6-17-99 | U.S. Trust Company of Connecticut Greenwich Connecticut | 100 W. Lancaster Ave. Wayne Delaware County Pennsylvania | Approved |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-1-98 | Fidelity Savings Bank Pittsburgh Allegheny County | 2034 Penn Avenue Pittsburgh Allegheny County | Opened | |
| 6-15-99 | Main Street Bank Reading Berks County | 1701 Chew Street Allentown Lehigh County | Opened | |
| 6-16-99 | FirstService Bank Lansdale Montgomery County | 301 Oxford Valley Rd. Yardley Bucks County | Approved | |
| 6-16-99 | The Drovers & Mechanics Bank York York County | Northeast Quadrant of Pine Rd. & Route 382 Newberry Township York County | Approved | |
| 6-17-99 | Prime Bank Philadelphia Philadelphia County | 12 Chestnut Road Paoli Chester County | Authorization Surrendered | |
| 6-17-99 | Prime Bank Philadelphia Philadelphia County | 473 York Road Warminster Bucks County | Authorization Surrendered | |
| 6-17-99 | Prime Bank Philadelphia Philadelphia County | 1430 Walnut Street Philadelphia Philadelphia County | Authorization Surrendered | |
| 6-17-99 | Summit Bank Bethlehem Northampton County | 473 York Road Warminster Bucks County | Filed | |
| 6-17-99 | Summit Bank Bethlehem Northampton County | 1430 Walnut Street Philadelphia Philadelphia County | Filed | |
| 6-18-99 | Prime Bank Philadelphia Philadelphia County | 1235 West Chester Pike Havertown Delaware County | Authorization Surrendered | |
| 6-19-99 | Main Street Bank Reading Berks County | 235 Main Street Emmaus Lehigh County | Opened | |
| 6-19-99 | Main Street Bank Reading Berks County | 225 West Lancaster Ave. Ardmore Montgomery County | Opened | |
| 6-21-99 | First Heritage Bank Wilkes-Barre Luzerne County | R. D. #1 Airport Beltway Hazleton Luzerne County | Filed |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-17-99 | Summit Bank Bethlehem Northampton County | To: | 12 Chestnut Road Paoli Chester County | Filed |
| From: | 1756 East Lancaster Avenue Paoli Chester County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-8-99 | Laurel Trust Company Johnstown Cambria County | 101 Ligonier Street Latrobe Westmoreland County | Filed | |
| 6-8-99 | Laurel Trust Company Johnstown Cambria County | 922 Philadelphia St. Indiana Indiana County | Filed | |
| 6-16-99 | Summit Bank Bethlehem Northampton County | Second Avenue and Hutchison Street Martins Creek Northampton County | Approved |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 6-17-99 | Hometowne Heritage Bank Intercourse Lancaster County | To amend Article Six of the Articles of Incorporation to provide for the restatement of the organizers' subscription for common stock. | Approved and Effective |
SAVINGS ASSOCIATIONS
No activity.
CREDIT UNIONS
No activity.
DAVID E. ZUERN,
Secretary
[Pa.B. Doc. No. 99-1052. Filed for public inspection July 2, 1999, 9:00 a.m.]
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