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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-409

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 1371]

   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 March 4, 1997.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
2-26-97Mifflinburg Bank and
   Trust Company
Mifflinburg
Union County
 MifflinburgApproved
Purchase of assets/assumption
of liabilities of one branch
office of Northern Central Bank,
Williamsport, located at:
Main Street (Route 35)
Richfield
Juniata County

Mutual Holding Company Reorganization

DateName of Bank LocationAction
2-28-97Peoples Home Savings Bank
Beaver Falls
Beaver County
 Beaver FallsFiled
Application represents reorganization into a mutual holding company to be known as ''PHS Bancorp, M.H.C.,'' Beaver Falls.

Branch Applications

DateName of Bank LocationAction
6-24-96Founders' Bank
Bryn Mawr
Montgomery County
 15 East Gay Street
West Chester
Chester County
Opened
3-3-97Franklin First
   Savings Bank
Wilkes-Barre
Luzerne County
 15 S. Franklin St.
Wilkes-Barre
Luzerne County
(Trust Dept. Branch)
Filed

Branch Relocations

DateName of Bank LocationAction
2-28-97Johnstown Bank and Trust
   Company
Johnstown
Cambria County
To:Corner of Rambler Dr.
   and Route 356
Sarver
Butler County
Filed
From:111 South Pike Road
Sarver
Butler County
3-3-97Fayette Bank
Uniontown
Fayette County
To:3539 Washington Rd.
McMurray
Washington County
Approved
From:3870 Washington Rd.
McMurray
Washington County
3-3-97Sun Bank
Selinsgrove
Snyder County
To:Corner of Routes
   11 and 15 and
   Kessler Avenue
Shamokin Dam
Snyder County
Approved
From:Routes 11 and 15
Shamokin Dam
Snyder County

Branch Discontinuances

DateName of Bank LocationAction
2-26-97Northern Central Bank
Williamsport
Lycoming County
 Main Street (Rte. 35)
Richfield
Juniata County
Approved

SAVINGS ASSOCIATIONS

Consolidations, Mergers and Absorptions

DateName of Association LocationAction
2-28-97Tioga-Franklin Savings
   Association, Philadelphia,
and Wayne Junction Savings
Association, Ambler
surviving institution--
Tioga-Franklin Savings
Association, Philadelphia
 PhiladelphiaEffective
3-4-97Prudential Savings Bank, PaSA
Philadelphia
Philadelphia County
 PhiladelphiaApproved
Purchase of assets/assumption of
liabilities of two branch offices
of Roxborough-Manayunk Federal Savings Bank, Philadelphia,
located at:
1722 South Broad Street
Philadelphia
Philadelphia County
601 Morgan Avenue
Drexel Hill
Delaware County

Branch Applications

DateName of Association LocationAction
1-6-97East Stroudsburg Savings
   Association
Stroudsburg
Monroe
 U. S. Highway 209 and
   Edward F. Smith Blvd.
Bushkill
Middle Smithfield Twp.
Monroe County
Opened

CREDIT UNIONS

Conversions

DateName of Credit Union LocationAction
2-28-97Plumbers Local # 27 Credit
   Union
Pittsburgh
Allegheny County
 PittsburghEffective
      To:
Plumbers Local # 27 Federal
   Credit Union
Pittsburgh
Allegheny County
Represents conversion from a State-chartered credit union to a Federally-chartered credit union.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-409. Filed for public inspection March 14, 1997, 9:00 a.m.]



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