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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-1015

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 3222]

   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 15, 1999.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of Corporation LocationAction
6-10-99Penn Laurel Financial Corp.,
Curwensville, to acquire 100%
of the voting shares of Clearfield
Bank & Trust Company, Clearfield
 CurwensvilleApproved
6-14-99BT Financial Corporation,
Johnstown, to acquire 100% of the
voting shares of First Philson
Financial Corporation, Berlin
 JohnstownApproved

New Charter Applications

DateName of Bank LocationAction
6-9-99Asian Bank
Philadelphia
Philadelphia County
 1008 Arch Street
Philadelphia
Philadelphia County
Commenced
Operations
Asian Bank, is a wholly-owned subsidiary of Asian Financial Corp., Philadelphia, a new bank holding company.
6-10-99The Legacy Bank of Harrisburg
Harrisburg
Dauphin County
 2600 Commerce Drive
Harrisburg
Dauphin County
Approved

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
6-14-99Laurel Bank, Johnstown and First Philson Bank, N.A., Berlin
Surviving Institution--
Laurel Bank, Johnstown
 JohnstownApproved

Branch Applications

DateName of Bank LocationAction
6-2-99Main Street Bank
Reading
Berks County
 50 West Market Street
West Chester
Chester County
Opened
6-5-99Main Street Bank
Reading
Berks County
 102 Pennsylvania Ave.
Avondale
Chester County
Opened
6-7-99Beneficial Mutual
   Savings Bank
Philadelphia
Philadelphia County
 Five Points Plaza Shopping Center
640 Cowpath Road
Montgomeryville
Montgomery County
Opened
6-10-99Sun Bank
Selinsgrove
Snyder County
 Route 15 & Route 45
Lewisburg
Union County
Approved
6-10-99Harris Savings Bank
Harrisburg
Dauphin County
 Wertzville Road and
   Center Street
Enola
East Pennsboro Twp.
Cumberland County
Approved
6-10-99Merchants Bank of
   Pennsylvania
Shenandoah
Schuylkill County
 810 McNair Street
Hazleton
Luzerne County
Filed
6-10-99Bank of Hanover and
   Trust Company
Hanover
York County
 2215 E. Market St.
York
York County
Approved
6-10-99Northwest Savings Bank
Warren
Warren County
 1903 Hubbard Road
North Madison
Lake County, Ohio
Opened
6-11-99Harris Savings Bank
Harrisburg
Dauphin County
 1515 DeKalb Pike
Blue Bell
Whitpain Township
Montgomery County
Opened
6-14-99East Penn Bank
Emmaus
Lehigh County
 861 North Route 100
Upper Macungie Twp.
Lehigh County
Approved
6-14-99First Liberty Bank & Trust
Jermyn
Lackawanna County
 910 Commerce Avenue
Dickson City
Lackawanna County
Approved
6-14-99Jefferson Bank
Haverford
Montgomery County
 11725 Bustleton Avenue
Philadelphia
Philadelphia County
Filed

Branch Relocations/Consolidations

DateName of Bank LocationAction
6-10-99Southwest Bank
Greensburg
Westmoreland County
Into:5 Fourth Street
Youngwood
Westmoreland County
Approved
From:Route 119 South
Greensburg
Westmoreland County
6-10-99Southwest Bank
Greensburg
Westmoreland County
Into:331 East Sixth Avenue
Tarentum
Allegheny County
Approved
From:1121 Brackenbridge Avenue
Brackenbridge
Allegheny County
6-10-99First Liberty Bank & Trust
Jermyn
Lackawanna County
To:Route 435
Moscow
Lackawanna County
Approved
From:Route 502
Moscow
Lackawanna County

Articles of Amendment

DateName of Bank PurposeAction
6-14-99American Bank of the
   Lehigh Valley
Allentown
Lehigh County
 To amend Article First which provides for a change in corporate title to ''American Bank.''Approved
and
Effective
6-14-99Brentwood Savings Bank
Pittsburgh
Allegheny County
 To amend Article First which provides for a change in corporate title to ''Brentwood Bank;'' and Article Second which provides for a change in the principal place of business to 411 McMurray Road, Bethel Park, Allegheny County, PA 15102.Approved
and
Effective

SAVINGS ASSOCIATIONS

Branch Applications

DateName of Association LocationAction
5-17-99North Penn Savings & Loan
Scranton
Lackawanna County
 651 Northern Boulevard
Clarks Summit
South Abington Twp.
Lackawanna County
Opened

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit Union LocationAction
6-14-99Philadelphia Telco Credit Union,
   Trevose, and Air-Shields
Employees Credit Union, Hatboro
Surviving Institution--
Philadelphia Telco Credit Union,
Trevose
 TrevoseEffective

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-1015. Filed for public inspection June 25, 1999, 9:00 a.m.]



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