92 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [34 Pa.B. 393]

       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 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 January 6, 2004.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    1-5-04Citizens Financial Group, Inc.,
       Providence, RI, to acquire 100% of
       the voting shares of Thistle Group
       Holdings Co., Philadelphia, PA
    Providence, RIEffective

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    1-1-04Market Street Interim Bank,
       Camp Hill, and Pennsylvania
       State Bank, Camp Hill
       Surviving Institution--
       Market Street Interim Bank,
       Camp Hill, with a change in
       corporate title to Pennsylvania
       State Bank, Camp Hill
    Camp HillEffective
    The merger was effected solely to facilitate the acquisition of Pennsylvania State Bank by The Pennsylvania State Banking Company, Camp Hill, a new bank holding company.
    1-5-04Citizens Bank of Pennsylvania,
       Philadelphia, and
       Roxborough-Manayunk Bank,
       Philadelphia
       Surviving Institution--
       Citizens Bank of Pennsylvania,
       Philadelphia
    PhiladelphiaEffective
    Branches Acquired by Means of Merger:
    50 East Uwchlan Avenue
    Lionville
    Chester County
    8345 Ridge Avenue*
    Philadelphia
    Philadelphia County
    1522 McDaniel Drive
    West Chester
    Chester County
    201 Spring Garden Street
    Philadelphia
    Philadelphia County
    33 West Gay Street
    West Chester
    Chester County
    30 South 15th Street*
    Philadelphia
    Philadelphia County
    160 West Eagle Road
    Havertown
    Delaware County
    6503 Haverford Avenue*
    Philadelphia
    Philadelphia County
    119 West State Street*
    Media
    Delaware County
    7568 Ridge Avenue*
    Philadelphia
    Philadelphia County
    1024 Church Lane*
    Yeadon
    Delaware County
    4370 Main Street
    Philadelphia
    Philadelphia County
    1461 Bethlehem Pike
    Flourtown
    Montgomery County
    York Road
    Jamison
    Bucks County
    (Approved; Unopened)
    6060 Ridge Avenue
    Philadelphia
    Philadelphia County
    Note: Branches marked with an * are subject to consolidation with and into other existing branches.

    Branch Applications

    DateName of BankLocationAction
    12-26-03Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Aliquippa Giant Eagle
    Green Garden Shopping Center
    Aliquippa
    Beaver County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    12-15-03Patriot Bank
    Pottstown
    Montgomery County
    To:1345 Airport Road
    Allentown
    Lehigh County
    Effective
    From:2126 West Union Boulevard
    Bethlehem
    Lehigh County
    12-22-03Fulton Bank
    Lancaster
    Lancaster County
    To:501 School House Road
    Kennett Square
    East Marlborough Township
    Chester County
    Effective
    From:863 East Baltimore Pike
    Kennett Square
    East Marlborough Township
    Chester County
    12-31-03Millennium Bank
    Malvern
    Chester County
    To:2800 State Hill Road
    Wyomissing
    Berks County
    Filed
    From:1200 Broadcasting Road
    Wyomissing
    Berks County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Conversions

    DateName of Credit UnionLocationAction
    12-30-03Erie Community Credit Union
    Erie
    Erie County
    ErieApproved
    Application represents request to convert to a community charter to include anyone living, working, worshipping and/or attending school in Erie County.

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    1-1-04Post Office Employees Credit Union of
       Pittsburgh, PA, Pittsburgh, PA, and
       U. S. Postal Service Federal Credit
       Union, Clinton, MD
       Surviving Institution--
       U. S. Postal Service Federal Credit
       Union, Clinton, MD
    PittsburghEffective
    1-2-04Freedom Credit Union, Philadelphia,
       and Montco Teachers Federal Credit
       Union, Willow Grove
       Survising Institution--
       Freedom Credit Union, Philadelphia
    PhiladelphiaEffective

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 04-92. Filed for public inspection January 16, 2004, 9:00 a.m.]

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