2059 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [32 Pa.B. 5671]

       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 November 5, 2002.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    11-1-02Berkshire Financial Holdings, Inc.,
       Collegeville, to acquire 100% of
       the voting shares of
       USABancShares.com, Inc.,
       Philadelphia
    CollegevilleEffective

    Mutual Holding Company Reorganization

    DateName of Bank LocationAction
    10-31-02Keystone Savings Bank
    Bethlehem
    Northampton County
    BethlehemApproved
    Application represents reorganization into a mutual holding company to be known as ''Keystone Mutual Holding Company.''

    Branch Applications

    DateName of Bank LocationAction
    10-28-02First American Bank
       of Pennsylvania
    Everett
    Bedford County
    24 N. Cedar Street
    Lititz
    Lancaster County
    Opened
    11-4-02First Columbia Bank &
       Trust Company
    Bloomsburg
    Columbia County
    Route 93 and
       Dessen Drive
    Hazleton
    Luzerne County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    8-12-02Sharon Savings Bank
    Darby
    Delaware County
    To:420 Bainbridge St.
    Philadelphia
    Philadelphia County
    Effective
    From:1730 Snyder Ave.
    Philadelphia
    Philadelphia County
    11-1-02Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    To:4110 Brownsville Rd.
    Pittsburgh
    Allegheny County
    Filed
    From:4148 Brownsville Rd.
    Pittsburgh
    Allegheny County

    Branch Discontinuances

    DateName of Bank LocationAction
    10-19-02Pittsburgh Savings Bank
    Pittsburgh
    Allegheny County
    5001 Library Road
    Bethel Park
    Allegheny County
    Effective

    Articles of Amendment

    DateName of Bank PurposeAction
    11-1-02vBank, A Savings Bank
    Philadelphia
    Philadelphia County
    Amendment to Article First
    provides for a change in
    corporate title from
    ''vBank, A Savings Bank''
    to ''NOVA Savings Bank''
    Approved
    and
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit Union LocationAction
    11-1-02Pennsylvania State Employees Credit
       Union, Harrisburg, and Indiana
       County PA School Employees Federal
       Credit Union, Indiana
       Surviving Institution--
       Pennsylvania State Employees
       Credit Union, Harrisburg
    HarrisburgEffective

    PAUL H. WENTZEL, Jr.,   
    Acting Secretary

    [Pa.B. Doc. No. 02-2059. Filed for public inspection November 15, 2002, 9:00 a.m.]

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