1919 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[34 Pa.B. 5812]

   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 October 5, 2004.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
9-28-04	ESB Financial Corporation, Ellwood City, to acquire 100% of PHSB Financial Corporation, Beaver Falls		Ellwood City	Filed
9-29-04	F. N. B. Corporation, Hermitage, to acquire 100% of the voting shares of Slippery Rock Financial Corporation, Slippery Rock		Hermitage	Approved
9-29-04	Sterling Financial Corporation, Lancaster, to acquire 100% of the voting shares of The Pennsylvania State Banking Company, Camp Hill		Lancaster	Approved
	As a result of the holding company merger, Pennsylvania State Bank, Camp Hill, a wholly owned banking subsidiary of The Pennsylvania State Banking Company, will become a wholly owned subsidiary of Sterling Financial Corporation.
10-1-04	Leesport Financial Corp., Wyomissing, acquired 100% of the voting shares of Madison Bancshares Group, Ltd., Blue Bell		Wyomissing	Effective
10-1-04	Omega Financial Corporation, State College, acquired 100% of Sun Bancorp, Inc., Lewisburg, and thereby indirectly acquired Sun Bank, Lewisburg, which was merged with and into Omega Bank, N. A., State College		State College	Effective
	As a result of this transaction, Sentry Trust Company, Chambersburg, a nondepository trust subsidiary of Sun Bank, was acquired by Omega Financial Corporation and became a subsidiary of Omega Bank, N. A.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
9-28-04	ESB Savings Bank, Ellwood City, and Peoples Home Savings Bank, Beaver Falls Surviving Institution-- ESB Savings Bank, Ellwood City		Ellwood City	Filed
9-30-04	First Financial Bank Downingtown Chester County		Downingtown	Filed
	Purchase of assets/assumption of liabilities of one branch of PNC Bank, N. A., Pittsburgh, Located at:
	Pennsylvania Avenue and First Street Avondale Chester County
10-1-04	Leesport Bank, Wyomissing, and The Madison Bank, Blue Bell Surviving Institution-- Leesport Bank, Wyomissing		Wyomissing	Effective
	As a result of the merger, all branches of The Madison Bank, including the former main office, will become branches of Leesport Bank.
	1767 Sentry Parkway West Blue Bell Montgomery County

Branch Applications

Date	Name of Bank		Location	Action
9-7-04	Stonebridge Bank Exton Chester County		600 West Germantown Pike Plymouth Meeting Montgomery County	Opened
9-22-04	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		Medford Acme 175 Route 70 Medford Burlington County, NJ	Opened
9-24-04	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		Broomall Acme Lawrence Park Shopping Center 1991 Sproul Road Broomall Delaware County	Opened
9-28-04	First Financial Bank Downingtown Chester County		321 North Third Street Oxford Chester County	Filed
9-28-04	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		Acme 720 Downingtown Pike West Chester Chester County	Opened
9-29-04	Royal Bank America Narbeth Montgomery County		7001 West Chester Pike Upper Darby Delaware County	Opened
9-30-04	First CornerStone Bank King of Prussia Montgomery County		Ridley Shopping Center 160 Morton Avenue Ridley Park Delaware County	Approved
10-1-04	Greenville Savings Bank Greenville Mercer County		3302 Wilmington Road New Castle Lawrence County	Filed
10-4-04	First Commonwealth Bank Indiana Indiana County		Pittsburgh Mills Circle Frazer Township Allegheny County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
9-30-04	Farmers First Bank Lititz Lancaster County	To:	1570 Manheim Pike Lancaster Lancaster County	Filed
		From:	2006 Miller Road East Petersburg Lancaster County
10-4-04	Fulton Bank Lancaster Lancaster County	To:	2057 South Queen Street York Township York County	Filed
		From:	2081 Springwood Road York Township York County

Branch Discontinuances

Date	Name of Bank		Location	Action
9-30-04	The Madison Bank Blue Bell Montgomery County		Summit Square Shopping Center Route 413 and Doublewoods Road Langhorne Bucks County	Effective
9-30-04	The Madison Bank Blue Bell Montgomery County		One Abington Plaza 101 Old York Road Jenkintown Montgomery County	Effective

Articles of Amendment

Date	Name of Bank		Purpose	Action
9-30-04	Prudential Trust Company Scranton Lackawanna County		Amendment to Article III reflects the removal of references to ''The Prudential Insurance Company of America'' from the purpose clause.	Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 04-1919. Filed for public inspection October 22, 2004, 9:00 a.m.]