NOTICES
DEPARTMENT OF BANKING
Action on Applications
[29 Pa.B. 4698]
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 August 24, 1999.
BANKING INSTITUTIONS
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 8-19-99 | First CornerStone Bank King of Prussia Montgomery County | 1004 West Ninth Ave. King of Prussia Montgomery County | Approved | |
| 8-20-99 | Aligned Partners Trust Company Pittsburgh Allegheny County | Pittsburgh | Filed | |
| Correspondent: | ||||
| John P. Shaffer Rodgers Brothers, Inc. 7 Wood St., 7th Flr. Pittsburgh, PA 15222 |
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 6-30-99 | First Leesport Bancorp, Inc., Leesport, to acquire 100% of the voting shares of Merchants of Shenandoah Ban-Corp, Shenandoah | Leesport | Effective | |
| As a result of this transaction, Merchants Bank of Pennsylvania, Shenandoah, a State-chartered banking institution, became a wholly-owned subsidiary of First Leesport Bancorp, Inc. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 8-20-99 | Keystone Financial Bank, National Association, Harrisburg; Financial Trust Services Company, Carlisle; and Key Trust Company, Horsham Surviving Institution-- Keystone Financial Bank, National Association, Harrisburg | Harrisburg | Effective |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 8-23-99 | Summit Bank Bethlehem Northampton County | 1430 Walnut Street Philadelphia Philadelphia County | Opened |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 8-16-99 | Summit Bank Bethlehem Northampton County | To: | 12 Chestnut Street Paoli Chester County | Effective |
| From: | 1756 East Lancaster Ave. Paoli Chester County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 8-20-99 | Summit Bank Bethlehem Northampton County | Second Avenue and Hutchison St. Martins Creek Northampton County | Effective |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 8-20-99 | Financial Trust Services Company Carlisle Cumberland County | To amend Articles 2 and 3 of the Articles of Incorporation which provide for a change in location of the principal place of business; and change the purpose clause from that of a trust company to a bank and trust company, respectively.* | Approved and Effective | |
| 8-20-99 | Key Trust Company Horsham Montgomery County | To Amend Article 3 of the Articles of Incorporation to change the purpose clause from that of a trust company to a bank and trust company.* | Approved and Effective | |
| *The Articles of Incorporation for the above-noted institutions are being amended to facilitate the merger of the two entities with and into Keystone Financial Bank, National Association, an affiliated nationally-chartered bank. | ||||
SAVINGS ASSOCIATIONS
No activity.
CREDIT UNIONS
No activity.
DAVID E. ZUERN,
Secretary
[Pa.B. Doc. No. 99-1497. Filed for public inspection September 3, 1999, 9:00 a.m.]
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