1839 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 5717]

       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 October 2, 2001.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    10-1-01Parkvale Financial Corporation,
    Monroeville, to acquire 100% of the
    voting shares of The Second National
    Bank of Masontown, Masontown
    MonroevilleFiled

    New Charters

    DateName of BankLocationAction
    8-15-01Sageworth Trust Company
    Lancaster
    Lancaster County
    160 N. Pointe Blvd.
    Lancaster
    Lancaster County
    Commenced Operations
    10-1-01Parkvale Interim Savings Bank
    Monroeville
    Allegheny County
    MonroevilleFiled
    Application to form interim savings bank being filed solely to facilitate the merger of The Second National Bank of Masontown, Masontown, and Parkvale Savings Bank, Monroeville.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-27-01CSB Bank
    Curwensville
    Clearfield County
    CurwensvilleEffective
    Purchase of assets/assumption of
    liabilities of one branch of
    AmeriServ Financial Bank, Johnstown,
    Located at:
    356 Main Street
    Coalport
    Clearfield County
    Note:  Upon completion of this transaction, CSB Bank will transfer the assets and liabilities of the 356 Main Street office to its existing office at Main and Linwood Streets, Coalport, and close the 356 Main Street office.

    Branch Applications

    DateName of BankLocationAction
    9-26-01Leesport Bank
    Leesport
    Berks County
    350 West Main St.
    Birdsboro
    Berks County
    Filed

    Branch Discontinuances

    DateName of BankLocationAction
    9-27-01AmeriServ Financial Bank
    Johnstown
    Cambria County
    356 Main Street
    Coalport
    Clearfield County
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 01-1839. Filed for public inspection October 12, 2001, 9:00 a.m.]

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