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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-2135

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 6344]

   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 7, 1999.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of Corporation LocationAction
12-1-99NBT Bancorp, Inc., Norwich, New
   York, to acquire 100% of the voting shares of Lake Ariel Bancorp, Inc., Lake Ariel, Pennsylvania, and thereby indirectly acquire LA Bank, National Association, Lake Ariel, PA
 Norwich, NYApproved

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
12-1-99First Union National Bank,
   Charlotte, NC, and Meridian Trust Company, Reading, PA
Surviving Institution--First Union National Bank, Charlotte, NC
 Charlotte, NCEffective

Branch Applications

DateName of Bank LocationAction
12-2-99East Penn Bank
Emmaus
Lehigh County
 Emmaus High School
851 North Street
Emmaus
Lehigh County
Opened
12-3-99Mauch Chunk Trust Company
Jim Thorpe
Carbon County
 1202 North Street
Jim Thorpe
Carbon County
Approved
12-3-99The Drovers & Mechanics Bank
York
York County
 30 West Patrick St.
Frederick
Frederick County, MD
Approved
12-6-99The Glen Rock State Bank
Glen Rock
York County
 3090 Cape Horn Road
Red Lion
York County
Approved

Articles of Amendment

DateName of Bank PurposeAction
12-1-99Meridian Trust Company
Reading
Berks County
 Amendment to Article Three
provides for a change in the
purpose clause to that of a
bank and trust company.
Effective

SAVINGS ASSOCIATIONS

   No activity.

CREDIT UNIONS

Conversions

DateName of Credit Union LocationAction
12-1-99Atlantic Employees Federal
   Credit Union
Newtown Square
Delaware County
      To:
Atlantic Credit Union
Newtown Square
Delaware County
 16 Campus Boulevard
Newtown Square
Delaware County
Effective
Represents conversion from a Federally-chartered credit union to a State-chartered credit union.

Consolidations, Mergers and Absorptions

DateName of Credit Union LocationAction
12-1-99Philadelphia District Railway
   Postal Clerks Federal Credit Union, Philadelphia, and Mutual Credit Union, Philadelphia
Surviving Institution--Philadelphia District Railway Postal Clerks Federal Credit Union, Philadelphia
 PhiladelphiaEffective
12-2-99Atlantic Credit Union,
   Newtown Square, and P.S.W.C. Employees Credit Union,
Bryn Mawr
Surviving Institution--Atlantic Credit Union, Newtown Square
 Newtown SquareApproved

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-2135. Filed for public inspection December 17, 1999, 9:00 a.m.]



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