43 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [32 Pa.B. 257]

       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 December 25, 2001.

    BANKING INSTITUTIONS

    Holding Company Conversion

    DateName of InstitutionLocationAction
    12-20-01PHS Bancorp, M.H.C.
    Beaver Falls
    Beaver County
    Beaver FallsEffective
             To:
    PHSB Financial Corporation
    Beaver Falls
    Beaver County
    Represents the reorganization/conversion of the mutual holding company into a new Pennsylvania stock holding company, and parent holding company of Peoples Home Savings Bank, Beaver Falls.

    New Charter Applications

    DateName of BankLocationAction
    12-21-01LeTort Management & Trust Company
    Camp Hill
    Cumberland County
    3130 Morningside Dr.
    Camp Hill
    Cumberland County
    Approved

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    12-17-01Northwest Savings Bank
    Warren
    Warren County
    WarrenEffective
    Purchase of assets/assumption of
    liabilities of two branch offices
    of Sun Bank, Selinsgrove, located at:
    2 East Fourth Street
    Emporium
    Cameron County
    Johnsonburg Plaza
    Route 219
    Johnsonburg
    Elk County
    12-19-01The Peoples State Bank,
       East Berlin, and Community
       Banks, N.A., Millersburg
       Surviving Institution--
       The Peoples State Bank,
       East Berlin, with a change
       in corporate name and principal
       place of business to ''Community
       Banks,'' Millersburg
    East BerlinApproved

    Branch Applications

    DateName of BankLocationAction
    12-11-01Firstrust Savings Bank
    Conshohocken
    Montgomery County
    Cathedral Village
    600 Cathedral Road
    Philadelphia
    Philadelphia County
    (Limited Service Facility)
    Opened
    12-17-01Firstrust Savings Bank
    Conshohocken
    Montgomery County
    Greentree Mews
    600 North Route 73
    Marlton
    Burlington County
    NJ
    Opened

    Branch Discontinuances

    DateName of BankLocationAction
    12-14-01Sun Bank
    Selinsgrove
    Snyder County
    Johnsonburg Plaza
    Route 219
    Johnsonburg
    Elk County
    Effective
    12-14-01Sun Bank
    Selinsgrove
    Snyder County
    2 East Fourth St.
    Emporium
    Cameron County
    Effective
    12-14-01Firstrust Savings Bank
    Conshohocken
    Montgomery County
    Cherry Tree
       Corporate Center
    535 Route 38
    Cherry Hill
    Camden County
    NJ
    Effective
    12-17-01First Commonwealth Bank
    Indiana
    Indiana County
    110 Rolling Ridge Dr.
    State College
    Centre County
    Filed
    12-21-01Wilmington Trust of Pennsylvania
    Villanova
    Delaware County
    402 Lancaster Ave.
    Haverford
    Montgomery County
    Approved

    Articles of Amendment

    DateName of BankPurposeAction
    12-21-01United Bank of
       Philadelphia
    Philadelphia
    Philadelphia County
    Amendment to Article II
    provides for a change in
    the principal place of
    business from 714 Market
    Street, Philadelphia, to
    300 North Third Street,
    Philadelphia
    Approved
    and
    Effective
    Note:  The former main office at 714 Market Street, Philadelphia,
    has been discontinued as an office of the bank.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 02-43. Filed for public inspection January 11, 2002, 9:00 a.m.]

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