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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-511

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 1660]

   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 March 25, 1997.

BANKING INSTITUTIONS

New Charter Applications

DateName of Bank LocationAction
3-24-97Northwest Interim Savings Bank I
Warren
Warren County
 WarrenApproved
Interim savings bank being formed in connection with the ''two-tier'' reorganization of Northwest Savings Bank, Warren.

Conversions

DateName of Institution LocationAction
3-21-97Farmers Building and Loan
   Association
Rochester
Beaver County
      To:
Farmers Building and Savings Bank
Rochester
Beaver County
 RochesterFiled
Application represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
3-3-97First Union National Bank,
   Avondale, and Centre Square
Trust Company, Philadelphia
surviving institution--
First Union National Bank,
Avondale
 AvondaleEffective

Branch Applications

DateName of Bank LocationAction
3-3-97Premier Bank
Doylestown
Bucks County
 Southampton Shopping
   Center
516 Second Street Pike
Southampton
Bucks County
Opened
3-24-97The Drovers &
   Mechanics Bank
York
York County
 Intersection of I-83
   and Route 851
Shrewsbury Township
York County
Approved

Branch Relocations

DateName of Bank LocationAction
3-25-97Johnstown Bank and
   Trust Company
Johnstown
Cambria County
To:Corner of Rambler
   Drive and Route 356
Sarver
Butler County
Approved
From:111 South Pike Road
Sarver
Butler County

Articles of Amendment

DateName of Bank PurposeAction
3-21-97Public Savings Bank
Bala Cynwyd
Montgomery County
 To provide for a change in the principal place of business
From:  100 Presidential Boulevard, North, Bala Cynwyd, Montgomery County; To: 2300 Computer Avenue, Suite H-42, Willow Grove, Montgomery County
Approved
and
Effective

SAVINGS ASSOCIATIONS

Branch Applications

DateName of Savings Association LocationAction
3-17-97Slovenian Savings and Loan
   Association of Franklin-Conemaugh
Conemaugh
Cambria County
 Riverside Shopping
   Center
1512 Jefferson Ave.
Windber
Somerset County
Opened

Voluntary Liquidations

DateName of Savings Association Action 
3-21-97Progressive Building & Loan
   Association of Kennett Square
Kennett Square
Chester County
 Certificate of Election for
Voluntary Dissolution filed.
Effective as of the close of
business March 21, 1997.

CREDIT UNIONS

   No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-511. Filed for public inspection April 4, 1997, 9:00 a.m.]



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