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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 98-1908

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[28 Pa.B. 5780]

   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 November 10, 1998.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
11-4-98First Commonwealth Financial
   Corporation, Indiana, to
   acquire 100% of the voting
   shares of Southwest National
   Corporation, Greensburg, and
   indirectly Southwest National
   Bank of Pennsylvania, Greensburg
IndianaApproved
11-6-98ACNB Corporation, Gettysburg, to
   acquire 100% of the voting shares
   of Farmers National Bancorp, Inc.,
   Newville, and indirectly Farmers
   National Bank of Newville, Newville
GettsyburgFiled

Bank Holding Company Reorganization
(Charter/Merger)

DateName of Institution/CorporationLocationAction
11-6-98Peoples Home Interim Savings Bank
Beaver Falls
Beaver County
Beaver FallsApproved
Effective
11-9-98
11-6-98Peoples Home Savings Bank,
   Beaver Falls, and Peoples
   Home Interim Savings Bank,
   Beaver Falls
   Surviving Institution--
   Peoples Home Savings Bank,
   Beaver Falls
Beaver FallsApproved
Effective
11-9-98
Above transactions are being effected solely in connection with the two-tier reorganization of PHS Bancorp, M.H.C., Beaver Falls.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
11-2-98Three Rivers Bank and
   Trust Company
Jefferson Borough
Allegheny County
Jefferson BoroughFiled
Purchase of assets/assumption of
liabilities of one branch office
of First Western Bank, N.A., New Castle,
Located at:
451 Hyde Park Road
Leechburg
Westmoreland County
11-2-98U. S. Bank
Johnstown
Cambria County
JohnstownFiled
Purchase of assets/assumption of
liabilities of two branch offices
of First Western Bank, N. A., New Castle,
Located at:
103 Tenth Street
Barnesboro
Cambria County
104 South Center Street
Ebensburg
Cambria County

Branch Applications

DateName of BankLocationAction
10-26-98Harris Savings Bank
Harrisburg
Dauphin County
Martin's/Giant
   Food Store
1729 Dual Highway
Hagerstown
Washington County
Maryland
Opened
10-30-98Berks County Bank
Reading
Berks County
601 Penn Street
Reading
Berks County
Opened
10-30-98Parkvale Savings Bank
Monroeville
Allegheny County
307 Fourth Avenue
Pittsburgh
Allegheny County
Opened
11-2-98Abington Savings Bank
Jenkintown
Montgomery County
101 Ft. Washington Ave.
Fort Washington
Montgomery County
Filed
11-2-98Abington Savings Bank
Jenkintown
Montgomery County
667 Welsh Road
Lower Moreland Twp.
Montgomery County
Filed
11-4-98Northwest Savings Bank
Warren
Warren County
2296 South Market St.
Elizabethtown
Lancaster County
Approved
11-4-98Northwest Savings Bank
Warren
Warren County
922 Columbia Avenue
Lancaster
Lancaster County
Approved
11-4-98Northwest Savings Bank
Warren
Warren County
201 West Main St.
New Holland
Lancaster County
Approved
11-4-98Northwest Savings Bank
Warren
Warren County
1195 Manheim Pike
Lancaster
Lancaster County
Approved

Branch Relocations

DateName of BankLocationAction
11-4-98Lafayette Ambassador Bank
Easton
Northampton County
To:60 West Broad Street
Bethlehem
Northampton County
Filed
From:231 East Broad Street
Bethlehem
Northampton County
11-6-98Lebanon Valley Farmers Bank
Lebanon
Lebanon County
To:Palmyra Shopping Center
901 East Main St.
Palmyra
Lebanon County
Filed
From:41 North Londonderry Square
Palmyra
North Londonderry Twp.
Lebanon County

Branch Discontinuances

DateName of BankLocationAction
11-2-98Three Rivers Bank and
   Trust Company
Jefferson Borough
Allegheny County
914 Narrows Run Road
Coraopolis
Allegheny County
Filed
11-6-98U. S. Bank
Johnstown
Cambria County
180 St. Mary's St.
Loretto
Cambria County
Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 98-1908. Filed for public inspection November 20, 1998, 9:00 a.m.]



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