2522 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 7881]
    [Saturday, December 23, 2006]

       The Department of Banking, (Department) 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 9, 2002 (P. L. 1572, No. 207), known as the Credit Union Code, has taken the following action on applications received for the week ending December 12, 2006.

    BANKING INSTITUTIONS

    Conversions

    DateName of BankLocationAction
    12-12-06Community Bank, National
       Association
    Carmichaels
    Green County
          To:
    Community Bank
    Carmichaels
    Green County
    CarmichaelsApproved
    Represents conversion from a National banking association to a State-chartered commercial bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    12-9-06Fulton Bank
    Lancaster
    Lancaster County
    LancasterEffective
    Purchase of essentially all of the assets and assumption of essentially all of the liabilities of Premier Bank, Doylestown, Bucks County, PA. Both institutions are wholly owned subsidiaries of Fulton Financial Corporation, Lancaster, PA. As of the effective date of the transaction, all the branch offices of Premier Bank became branches of Fulton Bank, including the former main office of Premier Bank.
    12-11-06CommunityBanks, Millersburg, and East Prospect State Bank, East Prospect
    Surviving institution--
    CommunityBanks, Millersburg
    MillersburgFiled
    11-30-06Northwest Savings Bank
    Warren
    Warren County
    1055 Union Road
    West Seneca
    Buffalo
    Erie County, NY
    Opened
    11-30-06Bank of Hanover and
       Trust Company
    Hanover
    York County
    1120 Fairfield Road
    Gettysburg
    Adams County
    Opened
    12-4-06Wayne Bank
    Honesdale
    Wayne County
    Fourtain Springs East II
    Route 611
    Tannersville
    Pocono Township
    Monroe County
    Opened
    12-4-06Graystone Bank
    Lancaster
    Lancaster County
    Chateau Place, Lot 1
    Linglestown Road
    Harrisburg
    Dauphin County
    Opened
    12-5-06PeoplesBank, a Codorus Valley
       Company
    York
    York County
    Shrewsburg Lutheran Retirement
       Village
    800 Bollinger Drive
    Shrewsbury
    Shrewsbury Township
    York County
    (Limited Service Facility)
    Opened
    12-7-06CommunityBanks
    Millersburg
    Dauphin County
    700 Norland Avenue
    Chambersburg
    Franklin County
    Filed
    12-8-06CommunityBanks
    Millersburg
    Dauphin County
    2100 Utz Terrace
    Hanover
    West Manheim Township
    York County
    (Limited Service Facility)
    Filed
    12-12-06First Commonwealth Bank
    Indiana
    Indiana County
    5167 William Flynn Highway
    Gibsonia
    Allegheny County
    Approved
    12-12-06Prudential Savings Bank
    Philadelphia
    Philadelphia County
    23 North 3rd Street
    Philadelphia
    Philadelphia County
    Approved
    12-12-06Harleysville Savings Bank
    Harleysville
    Montgomery County
    Arbour Square
    695 Main Street
    Harleysville
    Montgomery County
    (Limited Service Facility)
    Approved

    Branch Relocations

    DateName of BankLocationAction
    12-12-06Atlantic Central Bankers Bank
    Camp Hill
    Cumberland County
    To:550 Broad Street
    Newark
    Essex County, NJ
    Approved
    From:One Gateway Center
    Newark
    Essex County, NJ

    SAVINGS INSTITUTIONS

    Conversions

    DateName of AssociationLocationAction
    12-8-06ESSA Bank & Trust
    Stroudsburg
    Monroe County
    StroudsburgFiled
    Represents conversion from a mutual savings association to a stock savings association and concurrent formation of a holding company, ESSA Bancorp, Inc. that will own 100% of the common stock of the association.

    CREDIT UNIONS

    Branch Relocations

    DateName of Credit UnionLocationAction
    12-12-06White Rose Credit Union
    York
    York County
    To:1 Dairyland Square
    Red Lion
    York Township
    York County
    Approved
    From:200 East High Street
    Red Lion
    York Township
    York County

    The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.

    VICTORIA A. REIDER,   
    Acting Secretary

    [Pa.B. Doc. No. 06-2522. Filed for public inspection December 22, 2006, 9:00 a.m.]

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