NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 3240]

   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 June 24, 1997.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
6-19-97	Susquehanna Interim Bank, Bryn Mawr, and Founders' Bank, Bryn Mawr Surviving Institution-- Susquehanna Interim Bank, Bryn Mawr, With a Change in Corporate Title to ''Founders' Bank''		Bryn Mawr	Approved
	Subject merger is being effected solely to facilitate the acquisition of Founders' Bank, Bryn Mawr, by Susquehanna Bancshares, Inc., Lititz, a bank holding company.

Branch Applications

Date	Name of Bank		Location	Action
6-16-97	USBANCORP Trust Company Johnstown Cambria County		Oakley Park II Route 30 East Greensburg Westmoreland County	Opened
6-16-97	USBANCORP Trust Company Johnstown Cambria County		110 Regent Court Suite 104 State College Centre County	Opened
6-18-97	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		Morrell Plaza Shopping Center 9910 Frankford Avenue Philadelphia Philadelphia County	Filed
6-23-97	Franklin First Savings Bank Wilkes-Barre Luzerne County		15 South Franklin St. Wilkes-Barre Luzerne County	Opened
6-23-97	Peoples Thrift Savings Bank Morristown Montgomery County		1535 Locust Street Philadelphia Philadelphia County	Filed
6-23-97	First Columbia Bank and Trust    Company Bloomsburg Columbia County		Columbia Mall Hemlock Township Columbia County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
6-20-97	First Commonwealth Bank Indiana Indiana County	To:	545 W. Mahoning St. (300 Feet West) Punxsutawney Jefferson County	Filed
		From:	545 W. Mahoning St. Punxsutawney Jefferson County

Articles of Amendment

Date	Name of Bank		Purpose	Action
6-23-97	New Century Bank (In Organization) Phoenixville Chester County	To provide for a change in the principal place of business and to provide for the addition of three Directors.		Approved and Effective

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-1085. Filed for public inspection July 3, 1997, 9:00 a.m.]

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