269 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 895]

       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 February 4, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisition

    DateName of Corporation LocationAction
    2-3-03Univest Corporation of
       Pennsylvania, Souderton,
       to acquire 100% of the
       voting shares of First
       County Bank, Doylestown
    SoudertonFiled
    2-4-03Laurel Capital Group, Inc.,
       Allison Park, to acquire
       100% of the voting shares of
       SFSB Holding Company, Pittsburgh
    Allison ParkApproved

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    2-4-03Laurel Savings Bank,
       Allison Park, and
       Stanton Federal Savings
       Bank, Pittsburgh
       Surviving Institution--
       Laurel Savings Bank,
       Allison Park
    Allison ParkApproved

    Branch Applications

    DateName of Bank LocationAction
    1-27-03Parkvale Savings Bank
    Monroeville
    Allegheny County
    6298 Steubenville Pike
    Robinson Township
    Allegheny County
    Opened
    1-3-03Firstrust Savings Bank
    Conshohocken
    Montgomery County
    The Pavilion No. 207
    261 Old York Road
    Jenkintown
    Montgomery County
    Filed
    1-3-03Wayne Bank
    Honesdale
    Wayne County
    Meadow Lake Plaza
    Milford Road
    (State Route 209)
    Middle Smithfield Twp.
    Monroe County
    Filed
    2-4-03Northwest Savings Bank
    Warren
    Warren County
    3407 Liberty Street
    Erie
    Erie County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    2-4-03Northwest Savings Bank
    Warren
    Warren County
    To:999 S. Main Street
    Meadville
    Crawford County
    Approved
    From:932 Diamond Park
    Meadville
    Crawford County

    Branch Discontinuance

    DateName of Bank LocationAction
    1-31-03AmeriServ Financial Bank
    Johnstown
    Cambria County
    Oakley Park II
    Route 30 East
    Greensburg
    Westmoreland County
    Effective

    Voluntary Dissolutions

    DateName of Bank Action
    1-31-03Butler Wick Trust Company
    Sharon
    Mercer County
    Articles of Dissolution
    filed with the Department
    of State. Corporate
    existence terminated.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit Union LocationAction
    1-31-03Atlantic Credit Union,
       Newtown Square, PA, and
       UFCW Local 56 Federal
       Credit Union, Pennsauken,
       NJ
       Surviving Institution--
       Atlantic Credit Union,
       Newtown Square, PA
    Newtown SquareEffective

    A. WILLIAM SCHENCK, III,   
    Acting Secretary

    [Pa.B. Doc. No. 03-269. Filed for public inspection February 14, 2003, 9:00 a.m.]

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