NOTICES
DEPARTMENT OF BANKING
Action on Applications
[31 Pa.B. 1381]
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 February 27, 2001.
BANKING INSTITUTIONS
Conversions
| Date | Name of Institution | | Location | Action |
| 2-26-01 | First Financial Savings Association Downingtown Chester County To: First Financial Bank Downingtown Chester County | | Downingtown | Filed |
| Application represents conversion from a State-chartered stock savings association to a State-chartered bank and trust company. |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | | Location | Action |
| 2-21-01 | Iron and Glass Bank Pittsburgh Allegheny County | | Pittsburgh | Approved |
| Purchase of Assets/Assumption of Liabilities of One Branch Office of First Commonwealth Bank, Indiana, Located At: |
| 3400 South Park Road Bethel Park Allegheny County |
| 2-21-01 | The Peoples State Bank, East Berlin, and The Glen Rock State Bank, Glen Rock Surviving Institution-- The Peoples State Bank, East Berlin | | East Berlin | Approved |
| Transaction includes the approval of Community Banks, Inc., the parent holding company of The Peoples State Bank, to acquire 100% of the voting shares of The Glen Rock State Bank. |
| 2-22-01 | Sun Bank Selinsgrove Snyder County | | Selinsgrove | Approved |
| Purchase of Assets/Assumption of Liabilities of One Branch of Mellon Bank, N.A., Pittsburgh, Located At: |
| 311 Market Street Lewisburg Union County |
Branch Applications
| Date | Name of Bank | | Location | Action |
| 2-20-01 | Somerset Trust Company Somerset Somerset County | | 807 Goucher St. Johnstown Cambria County | Opened |
| 2-21-01 | Jersey Shore State Bank Jersey Shore Lycoming County | | 1952 Waddle Road State College Centre County | Filed |
| 2-27-01 | Mifflinburg Bank and Trust Company Mifflinburg Union County | | Buffalo Valley Lutheran Village 211 Fairground Road Lewisburg Union County (Limited Service Facility) | Opened |
Branch Relocations
| Date | Name of Bank | | Location | Action |
| 2-26-01 | Beneficial Mutual Savings Bank Philadelphia | To: | 530 Walnut St. Philadelphia Philadelphia County | Approved |
| | From: | 330 Market St. Philadelphia Philadelphia County |
Articles of Amendment
| Date | Name of Bank | | Purpose | Action |
| 2-21-01 | Patriot Bank Pottstown Montgomery County | | Amendment to Article III eliminates the authority of Patriot Bank to exercise trust powers. | Approved and Effective |
SAVINGS INSTITUTIONS
Branch Applications
| Date | Name of Bank | | Location | Action |
| 2-26-01 | First Financial Savings Association Downingtown Chester County | | 830 E. Baltimore Pike Kennett Square Chester County | Filed |
CREDIT UNIONS
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | | Location | Action |
| 2-22-01 | Freedom Credit Union, Philadelphia, and Braceland Federal Credit Union, Philadelphia Surviving Institution-- Freedom Credit Union, Philadelphia | | Philadelphia | Filed |
| 2-23-01 | Freedom Credit Union, Philadelphia, and W.E.H. Employees Federal Credit Union, Philadelphia Surviving Institution-- Freedom Credit Union, Philadelphia | | Philadelphia | Effective |
JAMES B. KAUFFMAN, Jr.,
Acting Secretary
[Pa.B. Doc. No. 01-409. Filed for public inspection March 9, 2001, 9:00 a.m.]
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