Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 00-1510

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[30 Pa.B. 4643]

   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 22, 2000.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of Corporation LocationAction
7-27-00Sterling Financial Corporation,
   Lancaster, to acquire 100% of
   the voting shares of Hanover
   Bancorp, Inc., Hanover
LancasterEffective
8-16-00M&T Bank Corporation,
   and Olympia Financial
   Corp., Buffalo, NY,
   to acquire 100% of the
   voting shares of Keystone
   Financial, Inc., Harrisburg,
   PA
Buffalo, NYApproved

Conversions

DateName of Institution LocationAction
8-22-00Chelten Hills Savings Association
Abington
Montgomery County
To:
Chelten Hills Savings Bank
Abington
Montgomery County
AbingtonApproved
Represents conversion from a State-chartered mutual savings
association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
8-21-00The Phillipsburg National Bank
   and Trust Company, Phillipsburg,
   NJ, and Twin Rivers Community    Bank, Easton, PA
   Surviving Institution--
   The Phillipsburg National Bank and    Trust Company, Phillipsburg, NJ
   with a change in Corporate Title    to Vista Bank, National Association
Phillipsburg, NJEffective
8-22-00Merchants Bank of Pennsylvania,
   Shenandoah, and The First
   National Bank of Leesport,
   Leesport
   Surviving Institution--
   Merchants Bank of Pennsylvania,
   Shenandoah, with a change in
   Corporate Title to ''Leesport Bank''
ShenandoahApproved

Branch Applications

DateName of Bank LocationAction
8-14-00Pittsburgh Home Savings Bank
Pittsburgh
Allegheny County
1000 Village Run Rd.
Wexford
Pine Township
Allegheny County
Opened
8-22-00First Commonwealth Bank
Indiana
Indiana County
9503 Lincoln Highway
Bedford
Bedford County
Approved

Branch Relocations/Consolidations

DateName of Bank LocationAction
8-16-00Bank of Hanover and
   Trust Company
Hanover
York County
To:10 Lincoln Street
New Oxford
Adams County
Approved
From:318 Lincolnway East
New Oxford
Adams County
8-16-00Laurel Bank
Johnstown
Cambria County
To:534 Main Street
Berlin
Somerset County
Approved
From:506 Main Street
Berlin
Somerset County

Branch Discontinuances

DateName of Bank LocationAction
8-16-00The Drovers & Merchants Bank
York
York County
Pennsylvania Ave.
   and Landvalle St.
York Haven
York County
Approved
8-18-00Main Street Bank
Reading
Berks County
3321 Willow Lane
Macungie
Lehigh County
Filed
8-18-00Main Street Bank
Reading
Berks County
Route 61
Schuylkill Haven
Schuylkill County
Filed

Articles of Amendment

DateName of BankPurposeAction
8-18-00Earthstar Bank
Southampton
Bucks County
To change the principal
place of business From:
111 Second Street Pike,
Southampton, Upper Southampton Township, Bucks County, PA
To: 376 Second Street Pike,
Southampton, Upper Southampton
Township, Bucks County, PA
Approved
and
Effective

SAVINGS INSTITUTIONS

Branch Applications

DateName of Association LocationAction
8-16-00Washington Savings Association
Philadelphia
Philadelphia County
8729 Frankford Ave.
Philadelphia
Philadelphia County
Approved

CREDIT UNIONS

No activity.

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 00-1510. Filed for public inspection September 1, 2000, 9:00 a.m.]



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