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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-1747

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 5403]

   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 October 5, 1999.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
9-30-99Port Richmond Savings, Philadelphia, and Gorgas Savings Association, Philadelphia
Surviving Institution--Port Richmond Savings, Philadelphia
PhiladelphiaEffective

Branch Applications

DateName of BankLocationAction
9-23-99Northwest Savings Bank
Warren
Warren County
70 Richmond Street
Painesville
Lake County, Ohio
Opened
9-23-99Northwest Savings Bank
Warren
Warren County
325 Center Street
Chardon
Geauga County, Ohio
Opened
10-1-99Patriot Bank
Pottstown
Montgomery County
151 Good Drive
Lancaster
Lancaster County
Opened
10-1-99Patriot Bank
Pottstown
Montgomery County
500 Office Center Dr.
Ft. Washington
Montgomery County
Opened
10-1-99Patriot Bank
Pottstown
Montgomery County
65 E. Elizabeth Avenue
Bethlehem
Northampton County
Opened

Articles of Amendment

DateName of BankPurposeAction
9-29-99vBank, A Savings Bank
Philadelphia
Philadelphia County
Provides for a change in the principal place of business from:  803 East Germantown Pike, Norristown, Montgomery County; to:  1535 Locust Street, Philadelphia, Philadelphia CountyEffective

SAVINGS ASSOCIATIONS

Conversions

DateName of AssociationLocationAction
10-1-99Morton Savings and Loan Association
Morton
Delaware County
         To:
Morton Savings Bank
Morton
Delaware County
MortonEffective
Represents conversion from a State-chartered savings and loan association to a Federally-chartered savings and loan association.

Consolidations, Mergers and Absorptions

DateName of AssociationLocationAction
9-28-99The Bridesburg Savings Association, Philadelphia, and Cornerstone-
Feltonville Building and Loan Association, Glenside
Surviving Institution--The Bridesburg Savings Association, Philadelphia, with a change in corporate title and location to: ''Cornerstone Savings Association,'' Glenside
PhiladelphiaApproved
Effective
9-30-99
Note:  The former main office of The Bridesburg Savings Association located at 4800 Richmond Avenue, Philadelphia, became a branch office of Cornerstone Savings Association subsequent to the merger.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit UnionLocationAction
9-30-99Atlantic Employees Federal Credit Union, Newtown Square, and National Group Employees Credit Union, Frazer
Surviving Institution--Atlantic Employees Federal Credit Union, Newtown Square
Newtown SquareEffective

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-1747. Filed for public inspection October 15, 1999, 9:00 a.m.]



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