76 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 435]

       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 January 9, 2001.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    1-3-01National Penn Bancshares, Inc.,
       Boyertown, to acquire 100% of
       voting shares of Community
       Independent Bank, Inc., Bernville
    BoyertownEffective

    New Charter Applications

    DateName of BankLocationAction
    1-8-01Earthstar Bank
    Southampton
    Bucks County
    111 Second Street Pike
    Southampton
    Bucks County
    Commenced
    Operations

    Branch Applications

    DateName of BankLocationAction
    1-2-01Susquehanna Trust and
       Investment Company
    Lititz
    Lancaster County
    59 W. Washington St.
    Hagerstown
    Washington County
    Maryland
    Opened
    1-4-01Brentwood Bank
    Bethel Park
    Allegheny County
    6257 Library Road
    Bethel Park
    Allegheny County
    Approved

    Branch Discontinuances

    DateName of BankLocationAction
    1-2-01Standard Bank
    Monroeville
    Allegheny County
    Shop 'N Save
    418 Latrobe Thirty
       Shopping Center
    Latrobe
    Westmoreland County
    Filed
    1-2-01Standard Bank
    Monroeville
    Allegheny County
    Giant Eagle
    Eastgate Shopping Center
    1120B E. Pittsburgh St.
    Greensburg
    Westmoreland County
    Filed

    SAVINGS INSTITUTIONS

    No Activity

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    1-8-01White Rose Credit Union,
       York, and Stanreco Federal
       Credit Union, York
       Surviving Institution--
       White Rose Credit Union, York
    YorkApproved

    JAMES B. KAUFFMAN,   
    Acting Secretary

    [Pa.B. Doc. No. 01-76. Filed for public inspection January 19, 2001, 9:00 a.m.]

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