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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-1085

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

DateName of Bank LocationAction
6-19-97Susquehanna 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 MawrApproved
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

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

Branch Relocations

DateName of Bank LocationAction
6-20-97First 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

DateName of Bank PurposeAction
6-23-97New 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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