NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 2651]

   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 20, 1997.

BANKING INSTITUTIONS

Charter Applications

Date	Name of Bank		Location	Action
5-16-97	Penncore Phantom Savings Bank Newtown Bucks County		Newtown	Filed
	Application to charter an interim bank will be used to facilitate the acquisition of Commonwealth State Bank, Newtown, by ML Bancorp, Inc., Villanova.

Conversions

Date	Name of Institution		Location	Action
5-15-97	Farmers Building and Loan    Association Rochester Beaver County		Rochester	Approved
	To:
	Farmers Building and Savings Bank Rochester Beaver County
	Application represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
5-15-97	Johnstown Bank and Trust    Company Johnstown Cambria County		Johnstown	Approved
	Purchase of Assets/Assumption of Liabilities of three branches of National City Bank of Pennsylvania, Pittsburgh, located at:
	210 East Main Street Everett Bedford County		102 North Grant Street Salisbury Somerset County
	229 Main Street Meyersdale Somerset County

Branch Applications

Date	Name of Bank		Location	Action
4-28-97	Summit Bank Bethlehem Northampton County		Pathmark Supermarket 700 York Avenue Warminster Bucks County	Opened
5-5-97	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		4733 West Chester Pike Newtown Square Delaware County (Approved as 4701 West Chester Pike, Edgmont)	Opened

Branch Discontinuances

Date	Name of Bank		Location	Action
4-25-97	Summit Bank Bethlehem Northampton County		3933 Freemansburg Ave. Bethlehem Northampton County	Effective
5-16-97	Wayne Bank Honesdale Wayne County		Jackson Street Thompson Susquehanna County	Filed

SAVINGS ASSOCIATIONS

Consolidations, Mergers and Absorptions

Date	Name of Association		Location	Action
5-12-97	Prudential Savings Bank, PaSA Philadelphia Philadelphia County		Philadelphia	Effective
	Purchase of assets/assumption of liabilities of two branch offices of Roxborough-Manayunk Federal Savings Bank, Philadelphia, located at:
	1722 South Broad Street Philadelphia Philadelphia County		601 Morgan Avenue Drexel Hill Delaware County
	Upon the effective date of the above-noted acquisition, the institution's existing branch office located at 1903 South Broad Street will be discontinued and all accounts will be transferred to the branch office located at 1722 South Broad Street.

CREDIT UNIONS

Conversions

Date	Name of Credit Union		Location	Action
5-15-97	Norristown Bell Federal    Credit Union Blue Bell Montgomery County		Blue Bell	Approved
	To:
	Norristown Bell Credit Union Blue Bell Montgomery County
	Represents conversion from a Federally-chartered credit union to State-chartered credit union.
5-19-97	Incol Credit Union, Old Forge,    and Topps Employees Federal    Credit Union, Duryea    Surviving Institution--    Incol Credit Union, Old Forge		Old Forge	Approved and Effective

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-879. Filed for public inspection May 30, 1997, 9:00 a.m.]

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