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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 96-2190

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 6193]

   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 December 17, 1996.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of Corporation LocationAction
12-12-96Prime Newco, Inc. (to be renamed Prime Bancorp., Inc.), Philadelphia, to merge with First Sterling Bancorp, Inc., Devon, and so indirectly acquire First Sterling Bank, DevonPhiladelphiaApproved

New Charter Applications

DateName of Bank LocationAction
12-13-96Northwest Interim Savings Bank
Warren
Warren County
WarrenApproved
Subject institution will be utilized to merge Bridgeville Savings Bank, FSB, Bridgeville, with and into Northwest Savings Bank, Warren.

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
12-9-96Parkvale Savings Bank
Monroeville
Allegheny County
MonroevilleEffective
Purchase of assets/assumption
of liabilities of one branch
office of First Home Savings
Bank, FSB, Pittsburgh, located at:
Crafton-Ingram Shopping Center
Pittsburgh
Allegheny County
Assumption of deposits only; said deposits will be transferred to the applicant's existing branch located at the Crafton-Ingram Shopping Center.
12-9-96Northside Bank
Pittsburgh
Allegheny County
PittsburghEffective
Purchase of assets/assumption of
liabilities of one branch office
of First Home Savings Bank, FSB,
Pittsburgh, located at:
701 Liberty Avenue
Pittsburgh
Allegheny County
12-9-96Pittsburgh Home Savings Bank
Pittsburgh
Allegheny County
PittsburghEffective
Purchase of assets/assumption of
liabilities of one branch office
of First Home Savings Bank, FSB,
Pittsburgh, located at:
2905 West Liberty Avenue
Pittsburgh
Allegheny County
12-13-96Northwest Savings Bank,
Warren, and Bridgeville
Savings Bank, F.S.B.,
Bridgeville
surviving institution--
Northwest Savings Bank,
Warren
 WarrenApproved

Branch Applications

DateName of Bank LocationAction
11-13-96Dauphin Deposit Bank and
   Trust Company
Harrisburg
Dauphin County
WalMart
1355 E. Lehman St.
Lebanon
Lebanon County
Opened
11-19-96Dauphin Deposit Bank and
   Trust Company
Harrisburg
Dauphin County
Cressler's Grocery
   Store
1075 W. King St.
Shippensburg
Franklin County
Opened
12-2-96Mifflin County Savings Bank
Lewistown
Mifflin County
Corner of Specht
   and Brown Sts.
McClure
Snyder County
Opened
12-2-96Summit Bank
Bethlehem
Northampton County
Centerville Square
580 Centerville Rd.
East Hempfield Twp.
Lancaster County
Opened
12-10-96Peoples Bank of Glen Rock
Glen Rock
York County
2701 Eastern Blvd.
York
Springettsbury Twp.
York County
Filed
12-13-96Dauphin Deposit Bank
   and Trust Company
Harrisburg
Dauphin County
Rossmoyne Business
   Center
Ritter Road
Mechanicsburg
Cumberland County
Filed

SAVINGS ASSOCIATIONS

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
12-10-96Keystone Savings and Loan Association, Philadelphia; Hometown Building and Loan Association, Philadelphia; and Wayne Junction Savings Association, Ambler
surviving institution--Keystone Savings and Loan Association, Philadelphia
PhiladelphiaWithdrawn

Voluntary Dissolutions

DateName of AssociationAction
12-12-96William F. Campbell Building
   and Loan Association
Philadelphia
Philadelphia County
Certificate of Election for
Voluntary Dissolution filed.
Effective as of the opening of
business December 13, 1996.

CREDIT UNIONS

Conversions

DateName of Credit Union LocationAction
12-12-96Diamond Federal Credit Union
Pottstown
Montgomery County
 100 Medical Drive
Pottstown
Montgomery County
Filed
   To:
Diamond Credit Union
Pottstown
Montgomery County
Represents conversion from a Federally-chartered credit union to a State-chartered credit union.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-2190. Filed for public inspection December 27, 1996, 9:00 a.m.]



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