2275 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [32 Pa.B. 6263]

       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 December 10, 2002.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    12-9-02F.N.B. Corporation, Naples,
       FL, to acquire up to
       20.0% of the voting shares
       of Sun Bancorp, Inc.,
       Selinsgrove, PA
    Naples, FLApproved

    Branch Application

    DateName of Bank LocationAction
    11-25-02Community Banks
    Millersburg
    Dauphin County
    55 Wetzel Drive
    Hanover
    Conewago Township
    Adams County
    Opened
    12-2-02Firstrust Savings Bank
    Conshohocken
    Montgomery County
    133 Lancaster Ave.
    Devon
    Chester County
    Opened
    12-4-02First Columbia Bank &
       Trust Company
    Bloomsburg
    Columbia County
    Route 93 and
       Dessen Drive
    Hazleton
    Luzerne County
    Approved
    12-4-02Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    37-41 Brown Street
    Middletown
    Dauphin County
    (Drive-Up Facility)
    Approved
    12-4-02The Legacy Bank of
       Harrisburg
    Harrisburg
    Dauphin County
    4231 Trindle Road
    Camp Hill
    Cumberland County
    Approved
    12-10-02Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    1142 Northern Blvd.
    Clarks Summit
    Lackawanna County
    Approved

    Branch Relocations

    DateName of Bank LocationAction
    12-10-02Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    To:4110 Brownsville Rd.
    Pittsburgh
    Allegheny County
    Approved
    From:4148 Brownsville Rd.
    Pittsburgh
    Allegheny County

    Branch Discontinuances

    DateName of Bank LocationAction
    11-29-02Allegheny Valley Bank of
       Pittsburgh
    Pittsburgh
    Allegheny County
    4401 Penn Avenue
    Pittsburgh
    Allegheny County
    Effective

    Articles of Amendment

    DateName of Bank PurposeAction
    12-10-02First CornerStone Bank
    King of Prussia
    Montgomery County
    Amendment to Article Fifth of the Articles of Incorporation provides for a reduction in the par value of common stock from $5 per share to $1 per share.Approved
    and
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    PAUL H. WENTZEL, Jr.,   
    Acting Secretary

    [Pa.B. Doc. No. 02-2275. Filed for public inspection December 20, 2002, 9:00 a.m.]

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