2235 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [34 Pa.B. 6659]

       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 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 December 7, 2004.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    12-2-04Parkvale Financial Corporation,
    Monroeville, PA, to acquire 100% of
    Advance Financial Bancorp,
    Wellsburg, WV
    MonroevilleApproved
    12-3-04Sterling Financial Corporation,
    Lancaster, to acquire 100% of the
    voting shares of The Pennsylvania
    State Banking Company, Camp Hill
    LancasterEffective
    As a result of the holding company merger, Pennsylvania State Bank, Camp Hill, the wholly owned banking subsidiary of The Pennsylvania State Banking Company, will become a wholly owned subsidiary of the Sterling Financial Corporation.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    12-2-04Commercial Bank of Pennsylvania,
    Latrobe, and Highway Trust Company,
    Greensburg
    Surviving Institution--
    Commercial Bank of Pennsylvania,
    Latrobe, with a change in corporate
    title to ''Commercial Bank & Trust
    of Pa.''
    LatrobeApproved
    12-2-04Parkvale Savings Bank,
    Monroeville, PA, and Advance
    Financial Savings Bank,
    Wellsburg, WV
    Surviving Institution--
    Parkvale Savings Bank,
    Monroeville, PA
    MonroevilleApproved

    Branch Applications

    Date Name of BankLocationAction
    11-1-04Sharon Savings Bank
    Darby
    Delaware County
    1900-02 South Street
    Philadelphia
    Philadelphia County
    Opened
    12-1-04NOVA Savings Bank
    Philadelphia
    Philadelphia County
    448 East Baltimore Pike
    Media
    Delaware County
    Approved
    12-7-04Allegiance Bank of North America
    Bala Cynwyd
    Montgomery County
    36 North 3rd Street
    Philadelphia
    Philadelphia County
    Approved

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    12-1-04Mercer County State Bank
    Sandy Lake
    Mercer County
    To:16411 Conneaut Lake Road
    Meadville
    Crawford County
    Approved
    From:16881 Conneaut Lake Road
    Meadville
    Crawford County
    12-3-04Irwin Bank & Trust Company
    Irwin
    Westmoreland County
    To:4580 Broadway Boulevard
    Monroeville
    Allegheny County
    Filed
    From:4548 Broadway Boulevard
    Monroeville
    Allegheny County
    12-3-04Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    To:1188 Mae Street
    Hershey
    Dauphin County
    Filed
    From:1201 Governor Road
    Hershey
    Dauphin County

    Branch Discontinuances

    DateName of BankLocationAction
    12-1-04Fulton Bank
    Lancaster
    Lancaster County
    1188 Mae Street
    Hummelstown
    Dauphin County
    Approved
    12-2-04Irwin Bank & Trust Company
    Irwin
    Westmoreland County
    512 Broadway
    Pitcairn
    Allegheny County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    12-1-04Erie Community Credit Union,
    Erie, and Zurn Community
    Federal Credit Union, Erie
    Surviving Institution--
    Erie Community Credit Union, Erie
    ErieEffective
    Branch Acquired by means of Merger:
    2165 West 21st Street
    Erie
    Erie County

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 04-2235. Filed for public inspection December 17, 2004, 9:00 a.m.]

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