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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 98-1557

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 4801]

   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 September 15, 1998.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
9-15-98First Commonwealth Financial Corporation, Indiana, to acquire 100% of the voting shares of Southwest National Corporation, GreensburgIndianaFiled

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
9-10-98First Western Bank,
National Association,
New Castle, and First Western Trust Services Company,
New Castle
Surviving Institution--
First Western Bank,
National Association
New CastleEffective
9-11-98Lafayette Bank, Easton, and
Ambassador Bank of the Commonwealth, Allentown
Surviving Institution--
Lafayette Bank, Easton, with a change in corporate title to
''Lafayette Ambassador Bank''
EastonEffective
All branch offices of Ambassador Bank of the Commonwealth will become branches of Lafayette Ambassador Bank including the former main office located at:
4127 Tilghman Street
Allentown
Lehigh County
9-15-98Northwest Savings Bank
Warren
Warren County
WarrenFiled
Purchase of assets/assumption of liabilities of eight offices of National City Bank of Pennsylvania, Pittsburgh, located at:
103 Broad Street
New Bethlehem
Clarion County
Front Street
Fredericktown
Washington County
1200 Old Town Road
Clearfield
Clearfield County
101 East Lincoln Avenue
McDonald
Washington County
1945 Douglas Parkway
Erie
Erie County
342 Main Street
Wampum
Lawrence County
22 North Main Street
Union City
Erie County
102 East State Street
Pleasantville
Venango County

Branch Applications

DateName of BankLocationAction
6-27-97Mifflinburg Bank and
   Trust Company
Mifflinburg
Union County
Route 2
Market Drive
Spring Mills
Centre County
Opened
9-9-98The Drovers & Mechanics Bank
York
York County
Route 15 and
   Spring Lane Road
Dillsburg
Carroll Township
York County
Approved
8-31-98Irwin Bank & Trust
   Company
Irwin
Westmoreland County
Shop N Save Supermarket
Oak Park Mall
2001 Lincoln Way
White Oak
Allegheny County
Opened
9-14-98Berks County Bank
Reading
Berks County
3900 Hamilton Center
3900 Hamilton Blvd.
South Whitehall Twp.
Lehigh County
Approved

Articles of Amendment

DateName of BankPurposeAction
9-10-98First Western Trust
   Services Company
New Castle
Lawrence County
To change the purpose clause of the trust company to that of acting as a bank and trust company.Approved Effective

SAVINGS ASSOCIATIONS

Conversions

DateName of AssociationLocationAction
9-15-98Security Savings Association
   of Hazleton
Hazleton
Luzerne County
HazletonFiled
Application represents conversion from a State-chartered mutual savings association to a State-chartered stock savings association.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-1557. Filed for public inspection September 25, 1998, 9:00 a.m.]



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