2020 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 6306]
    [Saturday, October 14, 2006]

       The Department of Banking (Department), 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 9, 2002 (P. L. 1572, No. 207), known as the Credit Union Code, has taken the following action on applications received for the week ending October 3, 2006.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    9-29-06Orrstown Bank
    Shippensburg
    Cumberland County
    ShippensburgApproved
    Purchase of assets/assumption of liabilities of one branch office of Omega Bank, State College,
    Located at:
     
     
    #6804
    1110 East Simpson Street
    Mechanicsburg
    Cumberland County

    Branch Applications

    DateName of Bank LocationAction
    9-25-06Farmers and Merchants Trust
       Company of Chambersburg
    Chambersburg
    Franklin County
    518 North Antrim Way
    Greencastle
    Franklin County
    Opened
    9-28-06First Commonwealth Bank
    Indiana
    Indiana County
    5167 William Flynn Highway
    Gibsonia
    Allegheny County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    9-26-061st Summit Bank
    Johnstown
    Cambria County
    To:600 Main Street
    Johnstown
    Cambria County
    Filed
    From:516 Main Street
    Johnstown
    Cambria County
    9-28-06First Commonwealth Bank
    Indiana
    Indiana County
    To:Corner of Wagner Road
       and Center Commons Boulevard
    Center Township
    Beaver County
    Filed
    From:693 Beaver Valley Mall
    Center Township
    Beaver County

    Branch Discontinuances

    DateName of Bank LocationAction
    9-29-06Omega Bank
    State College
    Centre County
    1110 East Simpson Street
    Mechanicsburg
    Cumberland County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit Union LocationAction
    10-1-06Freedom Credit Union,
       Philadelphia, and SE Family
       Federal Credit Union, Philadelphia
       Surviving Institution--
       Freedom Credit Union, Philadelphia
    PhiladelphiaEffective
    10-2-06North Districts Community
       Credit Union, Gibsonia, and
       Glenshaw Federal Credit Union,
       Glenshaw
       Surviving Institution--
       North Districts Community
       Credit Union, Gibsonia
    Gibsonia Effective

       The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.

    VICTORIA A. REIDER,   
    Acting Secretary

    [Pa.B. Doc. No. 06-2020. Filed for public inspection October 13, 2006, 9:00 a.m.]

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