NOTICES
DEPARTMENT OF BANKING
Action on Applications
[30 Pa.B. 6220]
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 November 21, 2000.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 11-21-00 | Citizens & Northern Corporation, Wellsboro, to acquire 100% of voting shares of Peoples Ltd., Wyalusing | Wellsboro | Application Withdrawn |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 11-14-00 | Gallatin State Bank Uniontown Fayette County | 690 W. Main St. Uniontown Fayette County | Application Withdrawn |
Conversions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-17-00 | Harris Savings Bank Harrisburg Dauphin County To: Waypoint Bank, FSB Harrisburg Dauphin County | Harrisburg | Effective | |
| Represents conversion from a State-chartered stock savings bank to a Federally-chartered stock savings bank, part of an overall merger and conversion transaction involving York Financial Corp., a Pennsylvania savings and loan holding company and its wholly-owned subsidiary Federal savings and loan association, York Federal Savings and Loan Association. In addition, Harris Financial, MHC, the majority owner of Harris Financial, Inc., converted from mutual to stock form and along with Harris Financial, Inc. (the sole owner of Harris Savings Bank), merged with and into Harris Savings Bank and ceased to exist. Waypoint Financial Corp., a new Federal savings and loan holding company, is the sole owner of Waypoint Bank. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
| 11-6-00 | Northwest Savings Bank Warren Warren County | Warren | Effective | |
| Purchase of Assets/Assumption of Liabilities of Nine Branch Offices of Sovereign Bank, F.S.B., Wyomissing, located at: | ||||
| 47 Turner Street Austin Potter County | 50 South Main Street Mansfield Tioga County | |||
| 302 N. East Street Coudersport Potter County | 61 Main Street Wellsboro Tioga County | |||
| 30 West Street Galeton Potter County | 16 Main Street Wellsboro Tioga County (Drive-Up Facility) | |||
| 51 Academy Street Shinglehouse Potter County | 100 E. Main Street Westfield Tioga County | |||
| 53 Main Street Lawrenceville Tioga County | ||||
| 11-9-00 | Sentry Trust Company, Chambersburg, and Greencastle Interim Trust Company, Greencastle Surviving Institution--Sentry Trust Company, Chambersburg | Chambersburg | Filed | |
| Application for merger being filed solely to facilitate the transfer of the trust accounts of The First National Bank of Greencastle to Sentry Trust Company. | ||||
| 11-21-00 | Citizens & Northern Bank, Wellsboro, and Peoples State Bank of Wyalusing, Wyalusing Surviving Institution--Citizens & Northern Bank, Wellsboro | Wellsboro | Application Withdrawn | |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-24-00 | Parkvale Savings Bank Monroeville Allegheny County | 600 WalMart Drive Gibsonia Allegheny County | Opened | |
| 11-6-00 | Mauch Chunk Trust Company Jim Thorpe Carbon County | 1202 North Street Jim Thorpe Carbon County | Opened | |
| 11-6-00 | Northern State Bank Towanda Bradford County | 420 N. Elmira Street Sayre Bradford County | Opened | |
| 11-6-00 | Farmers & Merchants Trust Company of Chambersburg Chambersburg Franklin County | 1909 Ritner Highway Carlisle Cumberland County | Opened | |
| 11-10-00 | Irwin Bank & Trust Company Irwin Westmoreland County | Pennsylvania Avenue Commons 20 N. Pennsylvania Ave. Greensburg Westmoreland County (Trust Office) | Opened | |
| 11-11-00 | Pennsylvania State Bank Camp Hill Cumberland County | 715 Wertzville Road Enola East Pennsboro Twp. Cumberland County | Opened | |
| 11-13-00 | Susquehanna Trust & Investment Company Lititz Lancaster County | 59 W. Washington St. Hagerstown Washington County Maryland | Filed | |
| 11-14-00 | Beneficial Mutual Savings Bank Philadelphia Philadelphia County | Holme Circle Shopping Center Welsh Rd. & Holme Ave. Philadelphia Philadelphia County | Filed | |
| 11-14-00 | Somerset Trust Company Somerset Somerset County | 612 Logan Place Confluence Somerset County | Opened | |
| 11-21-00 | Somerset Trust Company Somerset Somerset County | 807 Goucher Street Johnstown Cambria County | Approved | |
| 11-21-00 | The Madison Bank Blue Bell Montgomery County | 1232 Egypt Road Oaks Montgomery County | Approved |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 11-20-00 | Northwest Savings Bank Warren Warren County | To: | 2218-2220 S. Queen St. York York County | Filed |
| From: | Queensgate Shopping Center 2081 Springwood Rd. York York County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 11-17-00 | First Commonwealth Bank Indiana Indiana County | 3400 S. Park Road Bethel Park Allegheny County | Approved |
SAVINGS INSTITUTIONS
Consolidations, Mergers and Absorptions
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 11-10-00 | Security Savings Association of Hazleton, Hazleton, and First Federal Bank, Hazleton Surviving Institution--First Federal Bank, Hazleton | Hazleton | Effective |
Branch Applications
| Date | Name of Association | Location | Action | |
|---|---|---|---|---|
| 11-1-00 | Washington Savings Association Philadelphia Philadelphia County | 8729 Frankford Ave. Philadelphia Philadelphia County | Opened |
CREDIT UNIONS
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 11-21-00 | Erie Postal Credit Union, Erie, and Erie General Electric Employees Federal Credit Union, Erie Surviving Institution--Erie General Electric Employees Federal Credit Union, Erie | Erie | Conditional Approval |
JAMES B. KAUFFMAN, Jr.,
Acting Secretary
[Pa.B. Doc. No. 00-2066. Filed for public inspection December 1, 2000, 9:00 a.m.]
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