NOTICES DEPARTMENT of BANKING Action on Applications
4643 NOTICES DEPARTMENT OF BANKING Action on Applications 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 22, 2000. BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 7-27-00 Sterling Financial Corporation, Lancaster Effective Lancaster, to acquire 100% of the voting shares of Hanover Bancorp, Inc., Hanover 8-16-00 M&T Bank Corporation, Buffalo, NY Approved and Olympia Financial Corp., Buffalo, NY, to acquire 100% of the voting shares of Keystone Financial, Inc., Harrisburg, PA Conversions Date Name of Institution Location Action 8-22-00 Chelten Hills Savings Association Abington Approved Abington Montgomery County To: Chelten Hills Savings Bank Abington Montgomery County Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank. Consolidations, Mergers and Absorptions Date Name of Bank Location Action 8-21-00 The Phillipsburg National Bank Phillipsburg, NJ Effective and Trust Company, Phillipsburg, NJ, and Twin Rivers Community Bank, Easton, PA Surviving Institution— The Phillipsburg National Bank and Trust Company, Phillipsburg, NJ with a change in Corporate Title to Vista Bank, National Association 8-22-00 Merchants Bank of Pennsylvania, Shenandoah Approved Shenandoah, and The First National Bank of Leesport, Leesport Surviving Institution— Merchants Bank of Pennsylvania, Shenandoah, with a change in Corporate Title to ‘‘Leesport Bank’’ Branch Applications Date Name of Bank Location Action 8-14-00 Pittsburgh Home Savings Bank 1000 Village Run Rd.
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