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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 97-937

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 2828]

   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 June 3, 1997.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
5-30-97Keystone Financial, Inc.,
   Harrisburg, to acquire
   100% of the voting shares of
   Financial Trust Corp., Carlisle
HarrisburgEffective

Conversions

The following branch offices were acquired by the May 22, 1997 effective date of the conversion of Patriot Bank, Pottstown, from a Federally-chartered savings bank to a State-chartered commercial bank as noted in Summary of Activities #21:
Fifth Avenue and Main Street
Royersford
Montgomery County
E. Philadelphia and Chestnut Sts.
Boyertown
Berks County
536 N. Lewis Road
Limerick
Montgomery County
Bethlehem Square
   Shopping Center
3926 Linden Street
Bethlehem
Lehigh County
46 W. Main Street
Fleetwood
Berks County
2641 MacArthur Road
Whitehall
Lehigh County
30 West Franklin St.
Topton
Berks County
119 Nutt Road
Phoenixville
Chester County
1130 Chestnut Street
Emmaus
Lehigh County

Branch Applications

DateName of BankLocationAction
5-22-97First Republic Bank
Philadelphia
Philadelphia County
Germantown Pike and
   Swede Road
E. Norriton Twp.
Montgomery County
Opened
5-30-97The Glen Rock State Bank
Glen Rock
York County
RD 10, Route 616
   and Noss Road
North Codorus Twp.
York County
Approved
5-30-97Northwest Savings Bank
Warren
Warren County
104 East Main St.
Lock Haven
Clinton County
Approved
5-30-97Pittsburgh Home
   Savings Bank
Pittsburgh
Allegheny County
Shop N Save
5001 Library Road
Bethel Park
Allegheny County
Approved
6-2-97Standard Bank, PaSB
Murrysville
Westmoreland County
WalMart
Routes 819 and 119
Mt. Pleasant
Westmoreland County
Filed

Branch Relocations

DateName of BankLocationAction
5-27-97Franklin First Savings Bank
Wilkes-Barre
Luzerne County
To:811 Kidder Street
Wilkes-Barre
Luzerne County
Effective
From:685 Kidder Street
Wilkes-Barre
Luzerne County

Branch Discontinuances

DateName of BankLocationAction
5-27-97Mid-State Bank and
   Trust Company
Altoona
Blair County
The Bookstore
Pennsylvania State
   University
State College
Centre County
Filed

Articles of Amendment

DateName of BankPurposeAction
5-28-97Old Forge Bank
Old Forge
Lackawanna County
To provide for a two for one stock split to increase the authorized capital stock from 500,000 shares of $5.00 par value per share, to 1,000,000 shares of $2.50 par value per share.Approved
and
Effective
5-30-97American Bank of the
   Lehigh Valley
   (In Organization)
Allentown
Lehigh County
To amend and restate the Articles of Incorporation in their entirety.Approved
and
Effective

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

No activity.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-937. Filed for public inspection June 13, 1997, 9:00 a.m.]



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