216 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [32 Pa.B. 800]

       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 January 29, 2002.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    12-31-01Earthstar Bank
    Southampton
    Bucks County
    SouthamptonEffective
    Purchase of assets/assumption of
    liabilities of Cornerstone Savings
    Association, Glenside
    Branch Acquired:
    4800 Richmond Street
    Philadelphia
    Philadelphia County
    1-24-02Parkvale Savings Bank,
       Monroeville, and The Second
       National Bank of Masontown,
       Masontown
       Surviving institution--
       Parkvale Savings Bank,
       Monroeville
    MonroevilleApproved

    Branch Applications

    DateName of Bank LocationAction
    1-23-02Northwest Savings Bank
    Warren
    Warren County
    1700 Roosevelt Ave.
    York
    York County
    Approved
    1-23-02Parkvale Savings Bank
    Monroeville
    Allegheny County
    6298 Steubenville Pike
    Robinson Township
    Allegheny County
    Filed
    1-24-02Commonwealth Bank
    Norristown
    Montgomery County
    ShopRite Supermarket
    3745 Aramingo Avenue
    Philadelphia
    Philadelphia County
    Approved
    1-24-02First Penn Bank
    Philadelphia
    Philadelphia County
    1032 Arch Street
    Philadelphia
    Philadelphia County
    Filed
    1-25-02Community Bank and
       Trust Company
    Clarks Summit
    Lackawanna County
    Corner of Seventh and
       Lackawanna Avenues
    Scranton
    Lackawanna County
    Filed

    Branch Relocations

    DateName of Bank LocationAction
    1-24-02Community Bank and Trust
       Company
    Clarks Summit
    Lackawanna County
    To:60 Main Street
    Clifford
    Susquehanna County
    Filed
    From:Route 106
    Clifford
    Susquehanna County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 02-216. Filed for public inspection February 8, 2002, 9:00 a.m.]

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