1885 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [32 Pa.B. 5286]

       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 15, 2002.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    10-8-02Citizens Financial Group, Inc.,
       Providence, RI, to
       acquire 100% of the voting
       shares of Commonwealth
       Bancorp, Inc., Norristown,
       PA
    Providence, RIFiled

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    10-8-02Citizens Bank of Pennsylvania,
       Philadelphia, and Commonwealth
       Bank, Norristown
       Surviving Institution--
       Citizens Bank of Pennsylvania,
       Philadelphia
    PhiladelphiaFiled
    10-15-02First Commonwealth Bank,
       Indiana, and Southwest Bank,
       Greensburg
       Surviving Institution--
       First Commonwealth Bank, Indiana
    IndianaEffective
    All branch offices of Southwest Bank will become branch offices of First Commonwealth Bank including the former main office of Southwest Bank located at:
    111 South Main Street
    Greensburg
    Westmoreland County

    Interstate Branch Applications

    DateName of BankLocationAction
    10-1-02U. S. Trust Company
    Greenwich
    Fairfield County, CT
    1818 Market St.
    Philadelphia
    Philadelphia County
    Opened

    Branch Applications

    DateName of BankLocationAction
    10-10-02Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    Clearview Mall
       Giant Eagle
    1521 N. Main St.
    Butler
    Butler County
    Opened
    10-15-02Community Banks
    Millersburg
    Dauphin County
    4501 Hanover Pike
    Manchester
    Carroll County, MD
    Approved
    10-15-02Community State Bank
       of Orbisonia
    Orbisonia
    Huntingdon County
    307 N. Church Street
    Three Springs
    Huntingdon County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    9-23-02Three Rivers Bank and
       Trust Company
    Jefferson Borough
    Allegheny County
    To: 500 Braddock Ave.
    Braddock
    Allegheny County
    Effective
    From:823 Braddock Avenue
    Braddock
    Allegheny County

    Branch Discontinuances

    DateName of BankLocationAction
    10-9-02Pittsburgh Savings Bank
    Pittsburgh
    Allegheny County
    125 Brownsville Rd.
    Pittsburgh
    Allegheny County
    Filed

    Articles of Amendment

    DateName of BankPurposeAction
    10-11-02Standard Bank, PaSB
    Murrysville
    Westmoreland County
    Section II amended to provide for a change in the
    principal place of business from: 3875 Old William
    Penn Highway, Murrysville; to: 4785 Old William
    Penn Highway, Murrysville.
    Approved and Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    PAUL H. WENTZEL, Jr.,   
    Acting Secretary

    [Pa.B. Doc. No. 02-1885. Filed for public inspection October 25, 2002, 9:00 a.m.]

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