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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-189

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 739]

   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 January 28, 1997.

BANKING INSTITUTIONS

New Charter Applications

DateName of BankLocationAction
1-28-97 Northwest Interim Savings Bank I
Warren
Warren County
WarrenFiled
Interim savings bank being formed in connection with the ''two-tier'' reorganization of Northwest Savings Bank, Warren.

Conversions

DateName of InstitutionLocationAction
1-28-97Wilbur Savings and Loan Association
Bethlehem
Northampton County
BethlehemFiled
   To:
Wilbur Savings Bank
Bethlehem
Northampton County
Application represents conversion from a State-chartered mutual savings and loan association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
1-24-97Union Bank and Trust Company
Pottsville
Schuylkill County
PottsvilleEffective
Purchase of assets/assumption of liabilities of two branch offices of Pennsylvania National Bank and Trust Company, Pottsville, located at:
101 North Front Street
Auburn
Schuylkill County
450 West Shamokin Street
Trevorton
Northumberland County
1-27-97Pennwood Savings Bank, Pittsburgh
   and Pennwood Interim Savings
   Bank, Pittsburgh
   surviving institution--
   Pennwood Savings Bank, Pittsburgh
PittsburghApproved
and
Effective
Subject merger is being effected solely to facilitate the acquisition of Pennwood Savings Bank, Pittsburgh, by Pennwood Bancorp, Inc., Pittsburgh, new bank holding company.

Branch Discontinuances

DateName of BankLocationAction
1-27-97Summit Bank
Bethlehem
Northampton County
3933 Freemansburg Ave.
Bethlehem
Northampton County
Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Conversions

DateName of Credit UnionLocationAction
1-27-97Norristown Bell Federal
   Credit Union
Blue Bell
Montgomery County
Blue BellFiled
   To:
Norristown Bell Credit Union
Blue Bell
Montgomery County
Application represents conversion from a Federally-chartered credit union to a State-chartered credit union.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-189. Filed for public inspection February 7, 1997, 9:00 a.m.]



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