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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 01-1273

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[31 Pa.B. 3769]

   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 July 3, 2001.

BANKING INSTITUTIONS

Holding Company Acquisition

DateName of Corporation LocationAction
6-29-01PSB Bancorp, Inc., Philadelphia,
   to acquire 100% of the voting
shares of Jade Financial Corp.,
Feasterville
 PhiladelphiaEffective

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
6-22-01Royal Bank of Pennsylvania
Narberth
Montgomery County
 NarberthEffective
Purchase of assets/assumption of
liabilities of Crusader Holding
Corporation, Philadelphia,
Crusader Savings Bank, F.S.B.,
Philadelphia, and Asset Investment
Corporation, Wilmington, Delaware
7-1-01Three Rivers Bank and Trust
Company, Jefferson Borough, and
The Pennsylvania Capital Bank,
Pittsburgh
Surviving Institution--
Three Rivers Bank and Trust
Company, Jefferson Borough
 Jefferson BoroughEffective
Branch Office Acquired Via Merger:
336 Fourth Avenue
Pittsburgh
Allegheny County
7-1-01Third Street Interim Bank,
   Williamsport, and Woodlands
Bank, Williamsport
Surviving Institution--
Third Street Interim Bank,
Williamsport, with a change
in corporate title to ''Woodlands''
Bank''
 WilliamsportEffective
Merger is being effected solely to facilitate the acquisition of Woodlands Bank, Williamsport, by Woodlands Financial Services Company, Williamsport, a new bank holding company.
7-2-01First Penn Bank, Philadelphia,
   and IGA Federal Savings Bank,
Feasterville
Surviving Institution--
First Penn Bank, Philadelphia
 PhiladelphiaEffective
Branches Acquired Via Merger:
213 West Street Road
Feasterville
Bucks County
1501 S. Newkirk Street
Philadelphia
Philadelphia County
606 East Baltimore Pike
Media
Delaware County
2301 Market Street
Philadelphia
Philadelphia County
500 Chesterbrook Boulevard
Wayne
Delaware County

Branch Applications

DateName of Bank LocationAction
6-26-00Premier Bank
Doylestown
Bucks County
 New Heritage Tower
200 Veterans Lane
Doylestown
Bucks County
(Limited Service Facility)
Opened
6-27-01FirstService Bank
Lansdale
Montgomery County
 94 N. Flowers Mill Rd.
Langhorne
Middletown Twp.
Montgomery County
Opened

Branch Relocations

DateName of Bank LocationAction
5-29-01Commonwealth Bank
Norristown
Montgomery County
To:70 Commerce Drive
Wyomissing
Berks County
Effective
From:320 Abington Drive
Wyomissing
Berks County
6-28-01Keystone Savings Bank
Bethlehem
Northampton County
To:3091 William Penn Hwy.
Palmer Township
Northampton County
Filed
From:3745 Nicholas Street
Palmer Township
Northampton County

SAVINGS INSTITUTIONS

   No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit Union LocationAction
6-29-01Witco Credit Union, Petrolia,
   and Penacol Federal Credit
Union, Petrolia
Surviving Institution--
Penacol Federal Credit
Union, Petrolia
 PetroliaEffective

JAMES B. KAUFFMAN, Jr.,   
Secretary

[Pa.B. Doc. No. 01-1273. Filed for public inspection July 13, 2001, 9:00 a.m.]



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