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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-1700

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 5503]

   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 October 14, 1997.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of Corporation LocationAction
10-6-97The Chase Manhattan Corporation,    New York, NY, to acquire 100% of    the voting stock of New Trust    Company, National Association,    Pittsburgh, PANew York, NYFiled

New Chapter Applications

DateName of Bank LocationAction
10-6-97Susquehanna Trust Company
Lititz
Lancaster County
26 N. Cedar Street
Lititz
Lancaster County
Filed
Correspondent:
Charles L. O'Brien, Esq.
Morgan, Lewis & Brockius, LLP
417 Walnut St.
Harrisburg, PA 17101

Conversions

DateName of Corporation LocationAction
10-10-97PSB Mutual Holding Co.
Philadelphia
Philadelphia County
PhiladelphiaFiled
      To:
PSB Bancorp, Inc.
Philadelphia
Philadelphia County
Represents conversion from a mutual holding company to a stock holding company.

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
10-10-97Johnstown Bank and Trust Company    Johnstown; Laurel Bank,    Ebensburg; and Fayette Bank,    Uniontown
   Surviving Institution--
   Johnstown Bank and Trust    Company, Johnstown, with a change    in corporate title to ''Laurel Bank''
JohnstownEffective
Branches Acquired Via Merger:
111 West High Street
Ebensburg
Cambria County
58 West Main Street
Uniontown
Fayette County
10-14-97Community Bank and Trust Company
Forest City
Susquehanna County
Forest CityApproved
Purchase of assets/assumption of liabilities of two Branch Offices of First Union National Bank, Avondale, located at:
Eynon Plaza
Route 6
Eynon
Lackawanna County
97 College Avenue
Factoryville
Wyoming

Branch Applications

DateName of Bank LocationAction
9-12-97Summit Bank
Bethlehem
Northampton County
Laneco Store
Stefko Boulevard Shopping Center
1880 Stefko Boulevard
Bethlehem
Northampton County
Opened
10-9-97The Peoples Bank of Oxford
Oxford
Chester County
Baltimore Pike and Route 796
Penn Township
Chester County
Filed

Branch Relocations

DateName of Bank LocationAction
10-6-97Parkvale Savings Bank
Monroeville
Allegheny County
To:4885 McKnight Road
Storeroom #1A
Pittsburgh
Ross Township
Allegheny County
Filed
From:4885 McKnight Road
Storeroom #18
Pittsburgh
Ross Township
Allegheny County

Branch Discontinuances

DateName of Bank LocationAction
9-26-97Summit Bank
Bethlehem
Northampton County
55 Blue Valley Dr.
Bangor
Northampton County
Effective

Articles of Amendment

DateName of Bank PurposeAction
10-10-97BT Management Trust Company
Johnstown
Cambria County
To provide for a change in corporate title to ''Laurel Trust Company.''Approved
and
Effective

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1700. Filed for public inspection October 24, 1997, 9:00 a.m.]



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