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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 01-409

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[31 Pa.B. 1381]

   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 February 27, 2001.

BANKING INSTITUTIONS

Conversions

DateName of Institution LocationAction
2-26-01First Financial Savings
   Association
Downingtown
Chester County
      To:
First Financial Bank
Downingtown
Chester County
Downingtown Filed
Application represents conversion from a State-chartered stock
savings association to a State-chartered bank and trust company.

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
2-21-01Iron and Glass Bank
Pittsburgh
Allegheny County
Pittsburgh Approved
Purchase of Assets/Assumption of
Liabilities of One Branch Office
of First Commonwealth Bank, Indiana,
Located At:
3400 South Park Road
Bethel Park
Allegheny County
2-21-01The Peoples State Bank,
   East Berlin, and
   The Glen Rock State
   Bank, Glen Rock
   Surviving Institution--
   The Peoples State Bank,
   East Berlin
East BerlinApproved
Transaction includes the approval of Community Banks, Inc., the
parent holding company of The Peoples State Bank, to acquire 100%
of the voting shares of The Glen Rock State Bank.
2-22-01Sun Bank
Selinsgrove
Snyder County
SelinsgroveApproved
Purchase of Assets/Assumption of
Liabilities of One Branch of
Mellon Bank, N.A., Pittsburgh,
Located At:
311 Market Street
Lewisburg
Union County

Branch Applications

DateName of Bank LocationAction
2-20-01Somerset Trust Company
Somerset
Somerset County
807 Goucher St.
Johnstown
Cambria County
Opened
2-21-01Jersey Shore State Bank
Jersey Shore
Lycoming County
1952 Waddle Road
State College
Centre County
Filed
2-27-01Mifflinburg Bank and
   Trust Company
Mifflinburg
Union County
Buffalo Valley
   Lutheran Village
211 Fairground Road
Lewisburg
Union County
(Limited Service Facility)
Opened

Branch Relocations

DateName of Bank LocationAction
2-26-01Beneficial Mutual
   Savings Bank
Philadelphia
To:530 Walnut St.
Philadelphia
Philadelphia County
Approved
From:330 Market St.
Philadelphia
Philadelphia County

Articles of Amendment

DateName of Bank PurposeAction
2-21-01Patriot Bank
Pottstown
Montgomery County
Amendment to Article III
eliminates the authority
of Patriot Bank to
exercise trust powers.
Approved
and
Effective

SAVINGS INSTITUTIONS

Branch Applications

DateName of Bank LocationAction
2-26-01First Financial Savings
   Association
Downingtown
Chester County
830 E. Baltimore Pike
Kennett Square
Chester County
Filed

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit Union LocationAction
2-22-01Freedom Credit Union,
   Philadelphia, and Braceland
   Federal Credit Union, Philadelphia
   Surviving Institution--
   Freedom Credit Union, Philadelphia
PhiladelphiaFiled
2-23-01Freedom Credit Union,
   Philadelphia, and
   W.E.H. Employees Federal
   Credit Union, Philadelphia
   Surviving Institution--
   Freedom Credit Union, Philadelphia
PhiladelphiaEffective

JAMES B. KAUFFMAN, Jr.,   
Acting Secretary

[Pa.B. Doc. No. 01-409. Filed for public inspection March 9, 2001, 9:00 a.m.]



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