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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 03-516

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[33 Pa.B. 1489]

   The Department of Banking, 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 March 11, 2003.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
3-11-03Univest Corporation of Pennsylvania,
   Souderton, to indirectly acquire
   100% of the voting shares of First
   County Bank, Doylestown, via the
   merger of First County Bank with
   and into Univest National Bank and
   Trust Company, Souderton, wholly
   owned subsidiary of Univest
   Corporation of Pennsylvania
SoudertonApproved
3-6-03Sun Bancorp, Inc., Lewisburg, to
   acquire 100% of the voting shares of
   Steelton Bancorp, Inc., Steelton
LewisburgFiled

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
2-25-03National Penn Bank, Boyertown, and
   FirstService Bank, Doylestown
   Surviving Institution--National
   Penn Bank, Boyertown
BoyertownEffective
3-6-03Sun Bank, Lewisburg, and Mechanics
   Savings Bank, Steelton
   Surviving Institution--Sun Bank,
   Lewisburg
LewisburgFiled

Branch Applications

DateName of BankLocationAction
3-6-03Fulton Bank
Lancaster
Lancaster County
U.S. Route 1 East
Concord Township
Delaware County
Filed

Branch Relocations

DateName of BankLocationAction
2-27-03Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
To:267 Main Street
Exton
Chester County
Effective
From:470 John Young Way
Exton
Chester County
(Note:  Effective date corrected from previous Summary.)
3-11-03Fulton Bank
Lancaster
Lancaster County
To:Route 1 and School House Road
East Marlborough Twp.
Chester County
Approved
From:863 East Baltimore Pike
East Marlborough Twp.
Chester County

SAVINGS INSTITUTIONS

Main Office Relocation

DateName of AssociationLocationAction
3-11-03Washington Savings Association
Philadelphia
Philadelphia County
To:Route 1 and School House Rd.
East Marlborough Twp.
Chester County
Approved
From:863 East Baltimore Pike
East Marlborough Twp.
Chester County

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit UnionLocationAction
3-11-03Superior Credit Union, Collegeville,
   and ARE Federal Credit Union,
   Royersford
   Surviving Institution--Superior
   Credit Union, Collegeville
CollegevilleFiled

A. WILLIAM SCHENCK, III,   
Acting Secretary

[Pa.B. Doc. No. 03-516. Filed for public inspection March 21, 2003, 9:00 a.m.]



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