277 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 835]

       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 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 February 7, 2006.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of BankLocationAction
    2-6-06Hyperion Bank
    Philadelphia
    Philadelphia County
    1201-09 North 2nd Street
    Philadelphia
    Philadelphia County
    Filed
    Correspondent:
    Jonathan L. Levin, Esq.
    Reed Smith, LLP
    2500 One Liberty Place
    1650 Market Street
    Philadelphia, PA 19103-7301

    Branch Applications

    DateName of BankLocationAction
    2-1-06Northwest Savings Bank
    Warren
    Warren County
    2600 Old Washington Road
    Upper St. Clair Township
    Allegheny County
    Approved

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    1-27-06Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Into:2014 Cottman Avenue
    Philadelphia
    Philadelphia County
    Effective
    From:
     
     # 6037
    7935 Bustleton Avenue
    Philadelphia
    Philadelphia County
    1-30-06PeoplesBank, a Codorus
    Valley Company
    York
    York County
    To:48 East Market Street
    York
    York County
    Effective
    From:118 East Market Street
    York
    York County
    2-1-06Northwest Savings Bank
    Warren
    Warren County
    To:1000 Market Place Drive
    Washington Township
    Erie County
    Filed
    From:108 Washington Towne Boulevard
    Washington Township
    Erie County

    Branch Discontinuances

    DateName of BankLocationAction
    2-1-06Leesport Bank
    Wyomissing
    Berks County
    100 West Main Street
    Lansdale
    Montgomery County
    Approved
    2-1-06Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Four branches located at:Approved
    3890 Bigelow Boulevard
    Pittsburgh
    Allegheny County
    1122 Seventh Avenue
    Beaver Falls
    Beaver County
    392 Franklin Avenue
    Aliquippa
    Beaver County
    419 North 7th Street
    Altoona
    Blair County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Conversions

    DateName of Credit UnionLocationAction
    Revision
    12-30-05K of C Federal Credit Union
    Philadelphia
    Philadelphia County
    PhiladelphiaFiled
          To:
    K of C Credit Union
    Philadelphia
    Philadelphia County
    Application represents conversion from a Federal credit union to a State-chartered credit union as well as conversion from an occupational-based credit union to a community charter with a proposed field to include: (a) all persons who live, work, worship, volunteer or attend school in Bucks, Delaware, Montgomery and Philadelphia Counties; (b) businesses and other legal entities located in Bucks, Delaware, Montgomery and Philadelphia Counties; (c) persons within the immediate family or household of a member; (d) spouses of persons who died while within the field of membership of this credit union; (e) organizations of such persons; (f) employees of this credit union; and (g) members of record.
    2-3-06American Pride Credit Union
    Altoona
    Blair County
    AltoonaApproved
    Application represents conversion from occupational-based credit union to a community charter with a proposed field of membership consisting of ''those persons who live, work, worship, attend school, perform volunteer service, or participate in associations, and businesses and other legal entities, including wholly owned subsidiaries of businesses, located in Blair County, Pennsylvania or Bedford County, Pennsylvania; members of their immediate families.''

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    2-2-06Greater Greensburg Industrial Credit Union, Greensburg, and Westmoreland Community Federal Credit Union, Greensburg
    Surviving Institution--
    Westmoreland Community Federal Credit Union, Greensburg
    GreensburgFiled

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 06-277. Filed for public inspection February 17, 2006, 9:00 a.m.]

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