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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 99-1438

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[29 Pa.B. 4564]

   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 August 17, 1999.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
8-12-99Orrstown Bank
Orrstown
Franklin County
OrrstownApproved
Purchase of assests/assumption of
liabilities of one branch office of Sovereign Bank, F.S.B., Wyomissing,
Located at:
 
1730 Lincoln Way East
Chambersburg
Franklin County
8-16-99Main Street Bank, Reading,
   and Main Street Bank of
   New Jersey, Lambertville,
   New Jersey
   Surviving Institution--
   Main Street, Reading
ReadingApproved
Note:  The merger is being effected to facilitate the establishment of a New Jersey interstate branch office of Main Street Bank.

Interstate Branch Applications

DateName of Bank LocationAction
8-9-99U.S. Trust Company of
   Connecticut
Greenwich
Connecticut
100 W. Lancaster Ave.
Wayne
Delaware County
Pennsylvania
Opened

Branch Applications

DateName of Bank LocationAction
8-9-99Summit Bank
Bethlehem
Northampton County
473 York Road
Warminster
Bucks County
Opened
8-11-99Patriot Bank
Pottstown
Montgomery County
500 Office Center Dr.
Fort Washington
Montgomery County
Filed
8-11-99Patriot Bank
Pottstown
Montgomery County
65 E. Elizabeth Ave.
Bethlehem
Northampton County
Filed
8-11-99Patriot Bank
Pottstown
Montgomery County
151 Good Drive
Lancaster
Lancaster County
Filed
8-11-99Harris Savings Bank
Harrisburg
Dauphin County
310 E. Penn Drive
Enola
Cumberland County
Opened
8-16-99First County Bank
Doylestown
Bucks County
100 N. Buckstown Dr.
Suite 204/205
Langhorne
Bucks County
Approved
8-16-99Fulton Bank
Lancaster
Lancaster County
Meadowlands Executive
   Center
3413A Concord Road
Springettsbury Twp.
York County
Filed
8-16-99First County Bank
Doylestown
Bucks County
Three Friends Lane
Newtown
Bucks County
Filed

Branch Discontinuances

DateName of Bank LocationAction
8-16-99Pittsburgh Home Savings Bank
Pittsburgh
Allegheny County
274 N. Craig Street
Pittsburgh
Allegheny County
Approved

SAVINGS ASSOCIATIONS

Consolidations, Mergers and Absorptions

DateName of Association LocationAction
8-11-99The Bridesburg Savings
   Association, Philadelphia, and
   Cornerstone-Feltonville Building
   and Loan Association, Glenside
   Surviving Institution--
   The Bridesburg Savings Association,
   Philadelphia, with a change in    corporate title and location to    Cornerstone Savings Association,    Glenside
PhiladelphiaFiled

Voluntary Dissolutions

DateName of AssociationAction
8-11-99Turtle Creek Savings and
   Loan Association
Turtle Creek
Allegheny County
Certificate of Election for Voluntary Dissolution filed. Effective as of the close of business August 11, 1999.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit Union LocationAction
8-3-99Mutual Credit Union, Philadelphia,
   and Philadelphia District Railway
   Postal Clerks Federal Credit Union,
   Philadelphia
   Surviving Institution--
   Philadelphia District Railway
   Postal Clerks Federal Credit Union,
   Philadelphia
PhiladelphiaFiled
8-17-99Educational Credit Union,
   Philadelphia, and The Freedom
   Federal Credit Union, Warminster
   Surviving Institution--
   Educational Credit Union,
   Philadelphia, with a change in
   corporate title to ''Freedom
   Credit Union''
PhiladelphiaFiled

DAVID E. ZUERN,   
Secretary

[Pa.B. Doc. No. 99-1438. Filed for public inspection August 27, 1999, 9:00 a.m.]



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