Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 98-83

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 282]

   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 January 6, 1998.

BANKING INSTITUTIONS

New Charter Applications

DateName of BankLocationAction
1-6-97Susquehanna Trust Company
Lititz
Lancaster County
26 North Cedar St.
Lititz
Lancaster County
Approved

Mutual Holding Company Reorganization

DateName of BankLocationAction
12-30-97Standard Bank, PaSB
Monroeville
Allegheny County
MonroevilleFiled
Application represents reorganization into a mutual holding company to be known as ''Standard Mutual Holding Company,'' Monroeville.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
12-31-97Penn Security Bank and
   Trust Company, Scranton,
   and Penn Security Interim
   Bank and Trust Company,
   Scranton
   Surviving Institution--
   Penn Security Bank and
   Trust Company, Scranton
ScrantonEffective
Subject merger is being effected to facilitate the acquisition of Penn Security Bank and Trust Company, Scranton, by Penseco Financial Services Corporation, Scranton, a new bank holding company.

Branch Relocations

DateName of BankLocationAction
1-5-98First Commonwealth Bank
Indiana
Indiana County
To:545 W. Mahoning St.
(300 Feet West)
Punxsutawney
Jefferson County
Effective
From:545 W. Mahoning St.
Punxsutawney
Jefferson County

Branch Discontinuances

DateName of BankLocationAction
12-31-97Fulton Bank
Lancaster
Lancaster County
820 S. Main St.
Akron
Lancaster County
Effective

SAVINGS ASSOCIATIONS

Consolidations, Mergers and Absorptions

DateName of Savings AssociationLocationAction
1-1-98Feltonville Building and Loan
   Association, Philadelphia,
   and Cornerstone Building and
   Loan Association, Glenside
   Surviving Institution--
   Feltonville Building and Loan
   Association, Philadelphia, with a
   change in corporate title and
   principal place of business to
   Cornerstone-Feltonville Building
   and Loan Association, Glenside
PhiladelphiaEffective

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-83. Filed for public inspection January 16, 1998, 9:00 a.m.]



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