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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 96-1636

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 4657]

   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 September 17, 1996.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
9-13-96Prime Newco, Inc. (to be renamed Prime Bancorp, Inc.), Philadelphia, to merge with First Sterling Bancorp, Inc., Devon, and so indirectly acquire First Sterling Bank, DevonPhiladelphiaFiled

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
9-12-96Pittsburgh Home Savings Bank
Pittsburgh
Allegheny County
PittsburghFiled
Purchase of assets/assumption of liabilities of one branch office of First Home Savings Bank, FSB, Pittsburgh, located at:
2505 West Liberty Avenue
Pittsburgh
Allegheny County

Branch Applications

DateName of BankLocationAction
9-9-96Ambassador Bank of the
   Commonwealth
Allentown
Lehigh County
1323 Grape Street
Whitehall
Lehigh County
Opened
9-12-96United Bank of Philadelphia
Philadelphia
Philadelphia County
100 E. Olney Avenue
Philadelphia
Philadelphia County
Filed
9-13-96Dauphin Deposit Bank and Trust
   Company
Harrisburg
Dauphin County
Cressler's Grocery Store
1075 W. King Street
Shippensburg
Franklin County
Filed
9-16-96Dauphin Deposit Bank and Trust
   Company
Harrisburg
Dauphin County
WalMart
1355 E. Lehman Street
Lebanon
Lebanon County
Filed
9-16-96Berks County Bank
Reading
Berks County
4453 Fifth Street Highway
Muhlenberg Twp.
Berks County
Filed
9-16-96Mid-State Bank and Trust Company
Altoona
Blair County
3180 W. College Ave.
State College
Ferguson Township
Centre County
Opened

Branch Discontinuances

DateName of BankLocationAction
9-12-96United Bank of Philadelphia
Philadelphia
Philadelphia County
1321 West Lindley Ave.
Philadelphia
Philadelphia County
Filed
9-12-96United Bank of Philadelphia
Philadelphia
Philadelphia County
1015 North Marshall St.
Philadelphia
Philadelphia County
Filed
9-13-96Dauphin Deposit Bank and Trust
   Company
Harrisburg
Dauphin County
871 W. King Street
Shippensburg
Franklin County
Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-1636. Filed for public inspection September 27, 1996, 9:00 a.m.]



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