11 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 23]

   The Department of Banking, 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 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 December 21, 2004.

BANKING INSTITUTIONS

Mutual Holding Company Reorganization

Date	Name of Corporation		Location	Action
12-16-04	Abington Savings Bank Jenkintown Montgomery County		Jenkintown	Effective
	Represents reorganization into a mutual holding company to be known as Abington Mutual Holding Company, Jenkintown, PA, a newly formed Commonwealth mutual holding company, and 60% owner of Abington Community Bancorp, Inc., Jenkintown, PA, a newly formed Commonwealth stock holding company. Abington Savings Bank will be a wholly owned subsidiary of Abington Community Bancorp, Inc.

Conversions

Date	Name of Bank		Location	Action
12-16-04	Abington Savings Bank Jenkintown Montgomery County		Jenkintown	Effective
	Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank in conjunction with the reorganization into a mutual holding company form of ownership listed previously.

Branch Applications

Date	Name of Bank		Location	Action
12-16-04	North Penn Bank Scranton Lackawanna County		Arlington Martin Subdivision Route 115 Chestnuthill Township Monroe County	Filed
12-17-04	Stonebridge Bank Exton Chester County		1212 Churchville Road Bel Air Harford County, MD	Approved

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
10-4-04	Susquehanna Bank PA Lititz Lancaster County	To:	One East Market Street York York County	Effective
		From:	49 East Market Street York York County
12-13-04	Susquehanna Bank PA Lititz Lancaster County	To:	1570 Manheim Pike Lancaster Lancaster County	Effective
		From:	2006 Miller Road East Petersburg Lancaster County
12-17-04	Northwest Savings Bank Warren Warren County	Into:	1265 West Chestnut Street Washington Canton Township Washington County	Approved
		From:	125 West Beau Street Washington Washington County
12-17-04	Keystone Nazareth Bank & Trust Company Bethlehem Northampton County	Into:	2170 West Union Boulevard Bethlehem Lehigh County	Approved
		From:	1201 Airport Road Allentown Lehigh County

Branch Discontinuances

Date	Name of Bank		Location	Action
12-16-04	Orrstown Bank Shippensburg Cumberland County		WalMart 1730 Lincoln Way East Chambersburg Franklin County	Filed

Articles of Amendment

Date	Name of Bank		Purpose	Action
12-20-04	Allegiance Bank of North America Bala Cynwyd Montgomery County		Articles of Amendment provide for the restatement of the Articles of Incorporation in their entirety.	Approved and Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
12-15-04	Atlantic Credit Union, Newton Square, and Citadel Federal Credit Union, Thorndale Surviving Institution-- Citadel Federal Credit Union, Thorndale		Newton Square	Approved
12-20-04	Franklin Credit Union, Franklin, and Oil Region Federal Credit Union, Oil City Surviving Institution-- Franklin Credit Union, Franklin, with a change in corporate title to Franklin-Oil Region Credit Union, Franklin		Franklin	Effective

Branch Applications

Date	Name of Credit Union		Location	Action
12-13-04	Diamond Credit Union Pottstown Montgomery County		1500 Ethan Drive Wyomissing Berks County	Opened

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-11. Filed for public inspection December 30, 2004, 9:00 a.m.]