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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-661

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 2151]

   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 April 13, 1999.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
4-9-99Summit Bancorp, Princeton,
   New Jersey, and First Valley
   Corporation, Bethlehem, to
   acquire 100% of the voting shares
   of Prime Bancorp, Inc.,
   Fort Washington
Princeton, NJFiled

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
4-9-99Summit Bank, Bethlehem,
   and Prime Bank, Philadelphia
   Surviving Institution--
   Summit Bank, Bethlehem
BethlehemFiled
4-9-99Harris Savings Bank
Harrisburg
Dauphin County
HarrisburgFiled
Purchase of assets/assumption of
liabilities of one branch office
of Commonwealth Bank, Norristown,
Located at:
2203 West Cumberland Street
Lebanon
Lebanon County

Branch Applications

DateName of BankLocationAction
3-29-99Beneficial Mutual
   Savings Bank
Philadelphia
Philadelphia County
Ivy Ridge Shopping
   Center
7124 Ridge Pike
Philadelphia
Philadelphia County
Opened
4-12-99The Peoples State Bank
East Berlin
York County
Intersection of
   Greenbriar Road
   and Roosevelt Ave.
York
York County
Approved
4-12-99Union Bank and
   Trust Company
Pottsville
Schuylkill County
Redner's Market
Gold Star Highway
Shenandoah
Schuylkill County
Approved
4-12-99Brentwood Savings Bank
Pittsburgh
Allegheny County
5259 Library Road
Bethel Park
Allegheny County
Approved
4-12-99Merchants Bank of
   Pennsylvania
Shenandoah
Schuylkill County
Maplewood Plaza
Humboldt Industrial Park
Hazle Township
Luzerne County
Approved

Branch Relocations

DateName of BankLocationAction
4-9-99Laurel Bank
Johnstown
Cambria County
To:Route 30 East
Latrobe
Westmoreland County
Filed
From:400 Latrobe Thirty
   Shopping Center
Latrobe
Westmoreland County
4-12-99First Commonwealth Bank
Indiana
Indian County
To:683 McMurray Road
Bethel Park
Allegheny County
Approved
From:3400 South Park Road
Bethel Park
Allegheny County

SAVINGS ASSOCIATION

Voluntary Liquidation

DateName of InstitutionAction
4-9-99The Sterling Building and
   Loan Association
Philadelphia
Certificate of Election for voluntary dissolution filed. Effective as of the close of business April 9, 1999.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 99-661. Filed for public inspection April 23, 1999, 9:00 a.m.]



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