Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-1986

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 6477]

   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 2, 1997.

BANKING INSTITUTIONS

New Charter Applications

DateName of BankLocationAction
11-26-97Penn Security Interim
   Bank and Trust Company
Scranton
Lackawanna County
ScrantonApproved
Subject institution will be utilized to facilitate the acquisition of Penn Security Bank and Trust Company by Penseco Financial Services Corporation, Scranton, a bank holding company in organization.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
11-26-97Penn Security Bank and
   Trust Company, Scranton,
   and Penn Security Interim
   Bank and Trust Company, Scranton
   Surviving Institution--
   Penn Security Bank and
   Trust Company, Scranton
ScrantonFiled
11-26-97Northwest Savings Bank
Warren
Warren County
WarrenApproved
Purchase of assets/assumption of liabilities of nine branch offices of National City Bank of Pennsylvania, Pittsburgh, located at:
R. D. 8
Kittanning
Armstrong County
14457 Main Street
Wattsburg
Erie County
165 Butler Road
Kittanning
Armstrong County
Main and Park Streets
Sykesville
Jefferson County
211 North Main Street
Rimersburg
Clarion County
Main Street
Volant
Lawrence County
Bald Eagle and Madison Sts.
Sligo
Clarion County
Main Street
Marianna
Washington County
Route 555
Weedville
Elk County

Branch Applications

DateName of BankLocationAction
10-20-97Jefferson Bank
Haverford
Montgomery County
American and Lehigh Sts.
Philadelphia
Philadelphia County
Opened
11-12-97Pennsylvania State Bank
Camp Hill
Cumberland County
91 Cumberland Parkway
Upper Allen Township
Cumberland County
Opened
11-12-97Pennsylvania State Bank
Camp Hill
Cumberland County
One North Hanover St.
Carlisle
Cumberland County
Opened
11-12-97Ambassador Bank of the
   Commonwealth
Allentown
Lehigh County
1605 W. Broad St.
Bethlehem
Lehigh County
Opened
11-12-97Jefferson Bank
Haverford
Montgomery County
3720 Main Street
Manayunk Section
Philadelphia
Philadelphia County
Opened
11-21-97Orrstown Bank
Orrstown
Franklin County
625 Norland Avenue
Chambersburg
Franklin County
Opened
12-1-97Ambassador Bank of
   the Commonwealth
Allentown
Lehigh County
Saucon Valley Square
Wyandotte Street
Lower Saucon Twp.
Northampton County
Filed

Branch Discontinuances

DateName of BankLocationAction
11-24-97Fulton Bank
Lancaster
Lancaster County
820 South Main St.
Akron
Lancaster County
Filed

SAVINGS ASSOCIATIONS

Voluntary Liquidation

DateName of AssociationAction
11-25-97Old Delancey Building and
   Loan Association
Aldan
Delaware County
Articles of Dissolution filed in the Department of State. Corporate existence terminated.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1986. Filed for public inspection December 12, 1997, 9:00 a.m.]



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