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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-1052

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 3373]

   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 22, 1999.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
6-15-99Summit Bancorp, Princeton, New Jersey, and First Valley Corporation, Bethlehem, PA, to acquire 100% of the voting shares of Prime Bancorp, Inc., Fort Washington, PAPrinceton, NJApproved

New Charter Applications

DateName of BankLocationAction
6-18-99Northeast Pennsylvania Trust
   Company
Hazleton
Luzerne County
2 East Broad Street
Hazleton
Luzerne County
Approved

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
6-15-99United Bank of Philadelphia
Philadelphia
Philadelphia County
PhiladelphiaFiled
Purchase of assets/assumption of liabilities of three branch offices of First Union National Bank, Charlotte, NC, located at:
1620 Wadsworth Avenue
Philadelphia
Philadelphia County
3945-49 Chestnut Street
Philadelphia
Philadelphia County
2836 West Girard Avenue
Philadelphia
Philadelphia County
Summit Bank, Bethlehem, and Prime
   Bank, Philadelphia
Surviving Institution--Summit Bank,
   Bethlehem
BethlehemApproved
6-18-99Northwest Savings Bank
Warren
Warren County
WarrenFiled
Purchase of assets/assumption of liabilities of eight branch offices of PNC Bank, N.A., Pittsburgh, located at:
475 Theatre Drive
Johnstown
Cambria County
Lyter Drive & Entrance Way
Johnstown
Cambria County
Walnut & West Spruce Street
Marienville
Forest County
428 Main Street
Smethport
McKean County
225-227 Franklin Street
Johnstown
Cambria County
5 Buckingham Street
Tidioute
Warren County
221 Elm Street
Tionesta
Forest County
101 South Main Street
Sheffield
Warren County
6-18-99The Peoples State Bank
East Berlin
Adams County
East BerlinFiled
Purchase of assets/assumption of liabilities of one branch office of Sovereign Bank, FSB, Wyomissing, located at:
29 North Washington Street
Gettysburg
Adams County

Interstate Branch Applications

DateName of BankLocationArticle
6-17-99U.S. Trust Company of Connecticut
Greenwich
Connecticut
100 W. Lancaster Ave.
Wayne
Delaware County
Pennsylvania
Approved

Branch Applications

DateName of BankLocationAction
10-1-98Fidelity Savings Bank
Pittsburgh
Allegheny County
2034 Penn Avenue
Pittsburgh
Allegheny County
Opened
6-15-99Main Street Bank
Reading
Berks County
1701 Chew Street
Allentown
Lehigh County
Opened
6-16-99FirstService Bank
Lansdale
Montgomery County
301 Oxford Valley Rd.
Yardley
Bucks County
Approved
6-16-99The Drovers & Mechanics Bank
York
York County
Northeast Quadrant of Pine Rd. &
   Route 382
Newberry Township
York County
Approved
6-17-99Prime Bank
Philadelphia
Philadelphia County
12 Chestnut Road
Paoli
Chester County
Authorization
Surrendered
6-17-99Prime Bank
Philadelphia
Philadelphia County
473 York Road
Warminster
Bucks County
Authorization
Surrendered
6-17-99Prime Bank
Philadelphia
Philadelphia County
1430 Walnut Street
Philadelphia
Philadelphia County
Authorization
Surrendered
6-17-99Summit Bank
Bethlehem
Northampton County
473 York Road
Warminster
Bucks County
Filed
6-17-99Summit Bank
Bethlehem
Northampton County
1430 Walnut Street
Philadelphia
Philadelphia County
Filed
6-18-99Prime Bank
Philadelphia
Philadelphia County
1235 West Chester Pike
Havertown
Delaware County
Authorization
Surrendered
6-19-99Main Street Bank
Reading
Berks County
235 Main Street
Emmaus
Lehigh County
Opened
6-19-99Main Street Bank
Reading
Berks County
225 West Lancaster Ave.
Ardmore
Montgomery County
Opened
6-21-99First Heritage Bank
Wilkes-Barre
Luzerne County
R. D. #1
Airport Beltway
Hazleton
Luzerne County
Filed

Branch Relocations

DateName of BankLocationAction
6-17-99Summit Bank
Bethlehem
Northampton County
To:12 Chestnut Road
Paoli
Chester County
Filed
From:1756 East Lancaster Avenue
Paoli
Chester County

Branch Discontinuances

DateName of BankLocationAction
6-8-99Laurel Trust Company
Johnstown
Cambria County
101 Ligonier Street
Latrobe
Westmoreland County
Filed
6-8-99Laurel Trust Company
Johnstown
Cambria County
922 Philadelphia St.
Indiana
Indiana County
Filed
6-16-99Summit Bank
Bethlehem
Northampton County
Second Avenue and Hutchison Street
Martins Creek
Northampton County
Approved

Articles of Amendment

DateName of BankPurposeAction
6-17-99Hometowne Heritage Bank
Intercourse
Lancaster County
To amend Article Six of the Articles of Incorporation to provide for the restatement of the organizers' subscription for common stock.Approved
and
Effective

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-1052. Filed for public inspection July 2, 1999, 9:00 a.m.]



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