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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 01-990

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[31 Pa.B. 2938]

   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 May 29, 2001.

BANKING INSTITUTIONS

Holding Company Acquisition

DateName of Bank LocationAction
5-23-01Sun Bancorp, Inc., Selinsgrove, to
   acquire 100% of the voting shares of Guaranty Bank, N.A., Shamokin
 SelinsgroveApproved
5-23-01PSB Bancorp, Inc., Philadelphia, to
   acquire 100% of the voting shares of Jade Financial Corp., Feasterville
PhiladelphiaApproved

New Charter Applications

DateName of Bank LocationAction
5-25-01Third Street Interim Bank
Williamsport
Lycoming County
 WilliamsportApproved

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
5-23-01Sun Bank, Selinsgrove, and
   Guaranty Bank, N.A., Shamokin
Surviving Institution--
Sun Bank, Selinsgrove
 SelinsgroveApproved
5-23-01First Penn Bank, Philadelphia,
   and IGA Federal Savings,
Feasterville
Surviving Institution--
IGA Federal Savings,
Feasterville
 Philadelphia Approved
5-25-01Third Street Interim Bank,
   Williamsport, and Woodlands
Bank, Williamsport
Surviving Institution--
Third Street Interim Bank,
Williamsport
 WilliamsportFiled
Merger application being filed to facilitate the acquisition of Woodlands Bank, Williamsport, by Woodlands Financial Services Company, Williamsport, a bank holding company in organization.

Branch Applications

DateName of Bank LocationAction
5-17-01Northwest Savings Bank
Warren
Warren County
 200 S. Center St.
Grove City
Mercer County
Opened
5-21-01Jersey Shore State Bank
Jersey Shore
Lycoming County
 1952 Waddle Road
Suite 106
State College
Centre County
Opened
5-25-01Somerset Trust Company
Somerset
Somerset County
 Giant Eagle Store
344 Goucher Street
Johnstown
Cambria County
Filed
5-29-01AmeriServ Financial Bank
Johnstown
Cambria County
 231 State Street
Harrisburg
Dauphin County
Approved

Branch Discontinuances

DateName of Bank LocationAction
5-29-01Farmers First Bank
Lititz
Lancaster County
  Wal-Mart Store
2034 Lincoln Hwy. East
Lancaster
Lancaster County
Filed

SAVINGS INSTITUTIONS

   No activity.

CREDIT UNIONS

   No activity.

JAMES B. KAUFFMAN, Jr.,   
Secretary

[Pa.B. Doc. No. 01-990. Filed for public inspection June 8, 2001, 9:00 a.m.]



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