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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 96-1836

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[26 Pa.B. 5234]

   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 October 22, 1996.

BANKING INSTITUTIONS

New Charter Applications

DateName of InstitutionLocationAction
10-21-96Sentry Trust Company
Chambersburg
Franklin County
Nicholson Square
Scotland Avenue
Chambersburg
Franklin County
Filed
Correspondent:
Nicholas Bybel, Jr., Esq. and
Robert C. May, Esq.
Shumaker Williams, P. C.
P. O. Box 88
Harrisburg, PA 17108

Holding Company Acquisition

DateName of CorporationLocationAction
10-22-96JeffBanks, Inc., Haverford,
   to acquire 100% of the voting shares
   of United Valley Bancorp, Inc.,
   Philadelphia
HaverfordFiled

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
10-22-96Jefferson Bank, Haverford, and United Valley Bank, Philadelphia
surviving institution--Jefferson Bank, Haverford
HaverfordFiled

Branch Applications

DateName of BankLocationAction
9-25-96Farmers First Bank
Lititz
Lancaster County
WalMart Store
2034 Lincoln Highway E.
E. Lampeter Township
Lancaster County
Opened
10-15-96First Savings Bank of Perkasie
Perkasie
Bucks County
400 Commerce Blvd.
Quakertown
Milford Twp.
Bucks County
Opened
10-17-96Mercer County State Bank
Sandy Lake
Mercer County
Route 62
Jackson Township
Mercer County
Filed
10-17-96Mercer County State Bank
Sandy Lake
Mercer County
115 W. Adams Street
Cochranton
Crawford County
Filed
10-17-96Dauphin Deposit Bank and Trust
   Company
Harrisburg
Dauphin County
Cressler's Grocery Store
1075 W. King Street
Shippensburg
Franklin County
Approved
10-18-96Twin Rivers Community Bank
Easton
Northampton County
1003 W. Broad St.
Bethlehem
Lehigh County
Approved
10-21-96Premier Bank
Doylestown
Bucks County
Southampton Shopping Center
516 Second Street Pike
Southampton
Bucks County
Filed

Section 112 Applications

DateName of IndividualAction
10-18-96Howard E. Groff to acquire up to 15% of the common stock of Sterling Financial Corporation, LancasterFiled

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Branch Applications

DateName of Credit UnionLocationAction
10-18-96ITE Credit Union
Southampton
Bucks County
Frankford and Linden Aves.
Philadelphia
Philadelphia County
Filed
10-21-96Lee Hospital Credit Union
Johnstown
Cambria County
Laurel View Village
Carpenters Park Road
Davidsville
Somerset County
Filed

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 96-1836. Filed for public inspection November 1, 1996, 9:00 a.m.]



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