NOTICES

DEPARTMENT OF BANKING

Action on Applications

[31 Pa.B. 652]

   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 January 23, 2001.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
1-19-01	FleetBoston Financial Corporation,    Boston, Massachusetts, to acquire    100% of the voting shares of    Summit Bancorp, Princeton, New    Jersey, and thereby indirectly    acquiring First Valley    Corporation, Bethlehem,    Pennsylvania, and its subsidiary,    Summit Bank, Bethlehem,    Pennsylvania		Boston, MA	Approved

Conversions

Date	Name of Bank		Location	Action
1-19-01	Commonwealth Bank (Federal Savings Bank) Norristown Montgomery County          To: Commonwealth Bank (Pennsylvania Savings Bank) Norristown Montgomery County		Norristown	Approved

                     Application represents conversion from a Federally-chartered stock
                     savings bank to a State-chartered stock savings bank.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
1-19-01	Sun Bank Selinsgrove Union County		Selinsgrove	Filed
	Purchase of assets/assumption of liabilities of one branch office of Mellon Bank, Pittsburgh, located at:
	311 Market Street Lewisburg Union County

Branch Applications

Date	Name of Bank		Location	Action
2-2000	The Madison Bank Blue Bell Montgomery County		Summit Square    Shopping Center Route 413 and    Doublewoods Road Langhorne Bucks County	Opened
1-9-01	The Madison Bank Blue Bell Montgomery County		One Abington Plaza Suites 101 & 103 Jenkintown Montgomery County	Opened
1-17-01	Northside Bank Pittsburgh Allegheny County		2000 Corporate Dr. Franklin Park Allegheny County	Approved
1-18-01	Lafayette Ambassador Bank Easton Northampton County		2045 City Line Road Bethlehem Lehigh County	Opened
1-19-01	Abington Savings Bank Jenkintown Montgomery County		1515 The Fairway Rydal Abington Township Montgomery County   (Limited Service Facility)	Approved

Branch Relocations

Date	Name of Bank		Location	Action
1-23-01	Leesport Bank Leesport Berks County	To:	100 Plaza Drive Blandon Maidencreek Twp. Berks County	Approved
		From:	U.S. Route 222 Blandon Maidencreek Twp. Berks County

Savings Institutions

No activity.

Credit Unions

No activity.

JAMES B. KAUFFMAN,   
Acting Secretary

[Pa.B. Doc. No. 01-179. Filed for public inspection February 2, 2001, 9:00 a.m.]

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