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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-81

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 334]

   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 5, 1999.

BANKING INSTITUTIONS

Conversions

DateName of BankLocationAction
12-30-98Southwest National Bank of    Pennsylvania
Greensburg
Westmoreland County
         To:
Southwest Bank
Greensburg
Westmoreland County
GreensburgEffective
Represents conversion from a nationally-chartered banking institution to a State-chartered banking institution.
Branches Acquired By Conversion:
1121 Brackenridge Avenue
Brackenridge
Allegheny County
900 Greengate Plaza
Greensburg
Westmoreland County
Heights Plaza Shopping Center
Natrona Heights
Allegheny County
Route 119 South
Greensburg
Westmoreland County
(Drive-Up Facility)
331 E. Sixth Avenue
Tarentum
Allegheny County
Route 30 Shopping Plaza
Latrobe
Westmoreland County
38 Greensburg Street
Delmont
Westmoreland County
3880 Old William Penn Highway
Murrysville
Westmoreland County
200 S. Chestnut Street
Derry
Westmoreland County
412 W. Main Street
New Alexandria
Westmoreland County
5780 Kennedy Avenue
Export
Westmoreland County
Center & Highland Avenues
New Stanton
Westmoreland County
750 E. Pittsburgh Street
Greensburg
Westmoreland County
5 S. Fourth Street
Youngwood
Westmoreland County
U.S. Route 30 East
Greensburg
Westmoreland County
1-1-99Iron Workers' Savings and Loan    Association
Aston
Delaware County
            To:
Iron Workers Savings Bank
Aston
Delaware County
AstonEffective
Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.
Branch Acquired By Conversion:
3 State Road
Media
Delaware County
1-1-99Bally Building and Loan Association
Bally
Berks County
      To:
Bally Savings Bank
Bally
Berks County
BallyEffective
Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
12-29-98Berks County Bank, Reading, and    Heritage National Bank, Pottsville
   Surviving Institution--Berks County    Bank, Reading, with a change in    corporate title to ''Main Street Bank''
ReadingApproved
Effective
1-1-99
Branches Acquired By Merger:
200 Tunnel Street
Williamstown
Dauphin County
24-28 E. Main Street
Schuylkill Haven
Schuylkill County
6144 Cressona Mall
Pottsville
Schuylkill County
Route 61 South
Schuylkill Haven
Schuylkill County
(Drive-Up Facility)
Route 54
Tamaqua
Schuylkill County
2-4 N. Main Street
Shenandoah
Schuylkill County
247 Sunbury Street
Minersville
Schuylkill County
Routes 895 & 309
New Ringgold
Schuylkill County
Wayne & S. Liberty Sts.
Orwigsburg
Schuylkill County
408 E. Broad Street
Tamaqua
Schuylkill County
29 E. Pottsville Street
Pine Grove
Schuylkill County
757 South Route 183
Schuylkill Haven
Schuylkill County
76 Coal Street
Port Carbon
Schuylkill County
120 S. Centre Street
Pottsville
Schuylkill County
1-4-99First Capitol Bank, York, and    Susquehanna Interim Bank, York
   Surviving Institution--First Capitol    Bank, York
YorkEffective
Merger is being effected to facilitate the acquisition of First Capitol Bank, York, by Susquehanna Bancshares, Inc., Lititz, a bank holding company.

Branch Applications

DateName of BankLocationAction
12-29-98Lebanon Valley Farmers Bank
Lebanon
Lebanon County
Northport Industrial Park, Micro    Drive
Union Township
Lebanon County
Filed
12-29-98Twin Rivers Community Bank
Easton
Northampton County
2400 Schoenersville Rd.
Bethlehem
Hanover Township
Northampton County
Filed
12-29-98Twin Rivers Community Bank
Easton
Northampton County
3815 Linden Street
Bethlehem
Bethlehem Township
Northampton County
Filed
12-31-98First Commonwealth Trust Company
Indiana
Indiana County
111 South Main Street
Greensburg
Westmoreland County
Approved
12-31-98First Commonwealth Trust Company
Indiana
Indiana County
15 South Main Street
Chambersburg
Franklin County
Approved
12-31-98Lebanon Valley Farmers Bank
Lebanon
Lebanon County
119 W. Main Street
Campbelltown
South Londonderry Twp.
Lebanon County
Filed
1-4-99Summit Bank
Bethlehem
Northampton County
Genuardi's Family Market
4275 County Line Road
Chalfont
Bucks County
Approved
1-4-99Summit Bank
Bethlehem
Northampton County
Genuardi's Family Market
1844 Bethlehem Pike
Flourtown
Montgomery County
Approved
1-4-99Summit Bank
Bethlehem
Northampton County
Genuardi's Family Market
Germantown Pike and Route 202
Norristown
Montgomery County
Approved
1-4-99Summit Bank
Bethlehem
Northampton County
Genuardi's Family Market
Old Bethlehem Pike and Moore Road
Spring House
Montgomery County
Approved

Branch Relocations/Consolidations

DateName of BankLocationAction
1-2-99Lebanon Valley Farmers Bank
Lebanon
Lebanon County
Into:Palmyra Shopping Center
901 East Main Street
Palmyra
Lebanon County
Effective
From:41 N. Londonderry Square
Palmyra
Lebanon County

Branch Discontinuances

DateName of BankLocationAction
12-31-98First Commonwealth Trust Company
Indiana
Indiana County
501 Penn Street
Huntingdon
Huntingdon County
Approved

SAVINGS ASSOCIATIONS

Conversions

DateName of AssociationLocationAction
12-30-98Security Savings Association of    Hazleton
Hazleton
Luzerne County
HazletonEffective
Represents conversion from a State-chartered mutual savings association to a State-chartered stock savings association.

Consolidations, Mergers and Absorptions

DateName of AssociationLocationAction
1-4-99Schuylkill Savings & Loan    Association, Schuylkill Haven, and    Sobieski Building & Loan    Association, Mount Carmel
   Surviving Institution--Schuylkill    Savings & Loan Association,    Schuylkill Haven (A Federal    Savings Bank)
Schuylkill HavenEffective

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit UnionLocationAction
12-31-98Pennsylvania State Employees Credit    Union, Harrisburg, and PREA    Credit Union, Harrisburg
   Surviving Institution--Pennsylvania    State Employees Credit Union,    Harrisburg
HarrisburgFiled

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 99-81. Filed for public inspection January 15, 1999, 9:00 a.m.]



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