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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 96-1214

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 3555]

   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 16, 1996.

BANKING INSTITUTIONS

Section 112 Applications

DateName of Individual LocationAction
7-11-96William Peter Ahnert, Voting
   Trustee, and the Ahnert Family Voting Trust to acquire up to 30.6% of the outstanding shares of common stock of Pocono Community Bank, Stroudsburg (in organization)
BushkillFiled

Conversions

DateName of Institution LocationAction
7-12-96Pennwood Savings Bank
Pittsburgh
Allegheny County
683 Lincoln Ave.
Pittsburgh
Allegheny County
Effective
Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank.

Branch Applications

DateName of Bank LocationAction
7-5-96United Bank of Philadelphia
Philadelphia
Philadelphia County
38th Street and
   Lancaster Avenue
Philadelphia
Philadelphia County
Filed
7-11-96United Savings Bank
Philadelphia
Philadelphia County
2535 West Center Pike
Broomall
Delaware County
Filed
7-12-96The York Bank and
   Trust Company
York
York County
Weis Market
2850 Carlisle Road
Dover Township
York County
Filed
7-12-96The York Bank and
   Trust Company
York
York County
Weis Market
2160 White Street
York
York County
Filed
7-12-96The York Bank and
   Trust Company
York
York County
Weis Market
2400 East Market St.
York
York County
Filed
7-16-96Summit Bank
Bethlehem
Northampton County
Pathmark Supermarket
2603 Durham Road
Bristol
Bucks County
Filed
7-16-96Summit Bank
Bethlehem
Northampton County
Pathmark Supermarket
2506 Knights Road
Bensalem
Bucks County
Filed
7-16-96Summit Bank
Bethlehem
Northampton County
Pathmark Supermarket
500 Lincoln Highway
Fairless Hills
Bucks County
Filed

Branch Consolidations

DateName of Bank LocationAction
Northern Central Bank, Williamsport, a wholly-owned subsidiary of Keystone Financial, Inc., Harrisburg, has filed an application to consolidate the following branch offices:
7-9-96Northern Central Bank
Williamsport
Lycoming County
At:400 Main Street
Towanda
Bradford County
Filed
To:312 Main Street
Towanda
Bradford County
DateName of Bank LocationAction
Johnstown Bank and Trust Company, Johnstown, and Laurel Bank, Ebensburg, both wholly-owned subsidiaries of BT Financial Corporation, Johnstown, have filed applications to consolidate the following branch offices:
7-11-96Johnstown Bank and TrustAt:Jefferson Ave. Ext.Filed
   CompanyWindber
JohnstownSomerset County
Cambria
To:415 Park Place
At:112 N. Market St.Windber
LigonierSomerset County
Westmoreland County
         andAt:262 East Main St.
# 1 Ligonier ValleySomerset
   Mini MallSomerset County
Ligonier
Westmoreland CountyTo:121 South Center Ave.
Somerset
To:402 West Main St.Somerset County
Ligonier
Westmoreland CountyAt:1231 Scalp Avenue
Johnstown
At:407 Main StreetCambria County
Johnstown
Cambria CountyTo:1458 Scalp Avenue
Johnstown
To:532--534 Main StreetCambria County
Johnstown
Cambria County
Laurel BankAt:1304 William Penn Highway
EbensburgConemaugh
Cambria CountyCambria County
To:50 Main Street
Conemaugh
Cambria County

Branch Relocations

DateName of Bank LocationAction
7-11-96United Bank of
   Philadelphia
Philadelphia
Philadelphia County
To:38th Street and
   Lancaster Ave.
Philadelphia
Philadelphia County
Withdrawn
From:1015 N. Marshall St.
Philadelphia
Philadelphia County
7-11-96United Bank of
   Philadelphia
Philadelphia
Philadelphia County
To:Front Street and
   Olney Avenue
Philadelphia
Philadelphia County
Withdrawn
From:1321 W. Lindley Ave.
Philadelphia
Philadelphia County

Articles of Amendment

DateName of Bank PurposeAction
7-10-96Vanguard Fiduciary Trust
   Company
Malvern
Chester County
 Provides for the amendment and restatement of Article 6 of the Articles of Incorporation to expand the investment powers of the Trust Company.Approved
and
Effective
7-12-96First Valley Bank
Bethlehem
Northampton County
Provides for a change in corporate title to ''Summit Bank.''Approved
and
Effective

SAVINGS ASSOCIATIONS

   No activity.

CREDIT UNIONS

   No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-1214. Filed for public inspection July 26, 1996, 9:00 a.m.]



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