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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-1497

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

DateName of BankLocationAction
8-19-99First CornerStone Bank
King of Prussia
Montgomery County
1004 West Ninth Ave.
King of Prussia
Montgomery County
Approved
8-20-99Aligned Partners Trust Company
Pittsburgh
Allegheny County
PittsburghFiled
Correspondent:
John P. Shaffer
Rodgers Brothers, Inc.
7 Wood St., 7th Flr.
Pittsburgh, PA 15222

Holding Company Acquisitions

DateName of CorporationLocationAction
6-30-99First Leesport Bancorp, Inc.,
   Leesport, to acquire 100% of
   the voting shares of Merchants
   of Shenandoah Ban-Corp,    Shenandoah
LeesportEffective
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

DateName of BankLocationAction
8-20-99Keystone Financial Bank,
   National Association,
   Harrisburg; Financial
   Trust Services Company,
   Carlisle; and Key Trust
   Company, Horsham
   Surviving Institution--
   Keystone Financial Bank,
   National Association, Harrisburg
HarrisburgEffective

Branch Applications

DateName of BankLocationAction
8-23-99Summit Bank
Bethlehem
Northampton County
1430 Walnut Street
Philadelphia
Philadelphia County
Opened

Branch Relocations

DateName of BankLocationAction
8-16-99Summit Bank
Bethlehem
Northampton County
To:12 Chestnut Street
Paoli
Chester County
Effective
From:1756 East Lancaster Ave.
Paoli
Chester County

Branch Discontinuances

DateName of BankLocationAction
8-20-99Summit Bank
Bethlehem
Northampton County
Second Avenue and Hutchison St.
Martins Creek
Northampton County
Effective

Articles of Amendment

DateName of BankPurposeAction
8-20-99Financial 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
8-20-99Key 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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