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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-1307

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 4117]

   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 5, 1997.

BANKING INSTITUTIONS

New Charters

DateName of Bank LocationAction
8-1-97Premier Interim Bank
Doylestown
Bucks County
DoylestownFiled
Subject institution will be utilized to merge with Premier Bank, Doylestown, and the surviving institution will be acquired by Premier Bancorp, Inc., a bank holding company in organization.

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
7-31-97Founders' Bank, Bryn Mawr,
and Susquehanna Interim Bank, Bryn Mawr Surviving Institution--Founders' Bank, Bryn Mawr
Bryn Mawr Effective
Merger is being effected solely to facilitate the acquisition of Founders' Bank, Bryn Mawr, by Susquehanna Bancshares, Inc., Lititz, a bank holding company.

Branch Applications

DateName of Bank LocationAction
7-30-97Union Bank and Trust Company
Pottsville
Schuylkill County
Weis Supermarket
Route 61 and St. Clair Ave.
Pottsville
Schuylkill County
Opened
7-31-97Prime Bank
Philadelphia
Philadelphia County
661 W. Germantown Pike
Plymouth Meeting
Montgomery County
Approved
7-31-97The Madison Bank
Blue Bell
Montgomery County
100 Main Street
Lansdale
Montgomery County
Approved
8-4-97Keystone Savings Bank
Bethlehem
Northampton County
3933 Freemansburg Rd.
Bethlehem
Northampton County
Filed
8-5-97Farmers First Bank
Lititz
Lancaster County
Weis Market
5360 Lincoln Highway
Gap
Salisbury Township
Lancaster County
Approved

Branch Relocations/Consolidations

DateName of Bank LocationAction
7-31-97Summit Bank
Bethlehem
Northampton County
To:Laneco Store
Stefko Boulevard
   Shopping Center
1880 Stefko Boulevard
Bethlehem
Northampton County
Filed
From:Stefko Boulevard Shopping
   Center
1816 Stefko Boulevard
Bethlehem
Northampton County
8-1-97Financial Trust Company
Carlisle
Cumberland County
To:100 South Spring
   Garden Street
Carlisle
Cumberland County
Effective
From:Carlisle Plaza Mall
East High Street
Carlisle
Cumberland County

Branch Discontinuances

DateName of Bank LocationAction
6-27-97Summit Bank
Bethlehem
Northampton County
640 Hamilton Mall
Allentown
Lehigh County
Effective
6-27-97Summit Bank
Bethlehem
Northampton County
Valmont Plaza
270 Susquehanna Blvd.
West Hazleton
Luzerne County
Effective
7-11-97Summit Bank
Bethlehem
Northampton County
One Neshaminy Drive
Trevose
Bucks County
Effective
8-4-97Summit Bank
Bethlehem
Northampton County
3900 Hamilton Blvd.
Allentown
Lehigh County
Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Conversions

DateName of Credit Union LocationAction
8-1-97Norristown Bell Federal
   Credit Union
Blue Bell
Montgomery County
1407 Erbs Mill Rd.
Blue Bell
Montgomery County
Effective
      To:
Norristown Bell Credit Union
Blue Bell
Montgomery County
Represents conversion from a Federally-chartered credit union to a State-chartered credit union.
DateName of Credit Union LocationAction
8-1-97White Rose Postal Employees
   Federal Credit Union
York
York County
 3498 Industrial Dr.
York
York County
Effective
      To:
White Rose Credit Union
York
York County
Represents conversion from a Federally-chartered credit union to a State-chartered credit union.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1307. Filed for public inspection August 15, 1997, 9:00 a.m.]



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