580 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [38 Pa.B. 1490]
    [Saturday, March 29, 2008]

       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 March 18, 2008.

    BANKING INSTITUTIONS

    Conversions

    Date Name of Bank Location Action
    3-14-2008 From:  The Merchants National Bank of Bangor
    Bangor
    Northampton County
     
    To:  Merchants Bank of Bangor
    Bangor
    Northampton County
    BangorFiled
    Application for conversion from a Federally-chartered bank to a Pennsylvania State-chartered bank.

    Section 112 Applications

    Date Name of Group Location Action
    3-18-2008 The Snyder Group, Kittanning, to acquire up to 74.2% of Merchants Bancorp of Pennsylvania, KittanningKittanningApproved

    Holding Company Acquisitions

    Date Name of Corporation Location Action
    3-11-2008 S & T Bancorp, Inc., Indiana, to acquire 100% of IBT Bancorp, Inc., Irwin
    IndianaFiled
    3-12-2008 F.N.B. Corporation, Hermitage, to acquire 100% of Omega Financial Corporation, State College and thereby indirectly acquire Omega Bank, State College, which will be merged with and into First National Bank of Pennsylvania, Greenville, a wholly-owned subsidiary of F.N.B. CorporationHermitageApproved

    Consolidations, Mergers and Absorptions

    Date Name of Bank Location Action
    3-11-2008 S & T Bank, Indiana and Irwin Bank, Irwin Surviving Institution:
    S & T Bank, IN
    IndianaFiled
    3-15-2008 Fulton Bank, Lancaster, PA, and Resource Bank, Virginia Beach, VA
    Surviving Institution: Fulton Bank, Lancaster, PA
    LancasterEffective
    Branch offices acquired by Fulton Bank by means of merger:
    4429 Bonney Road
    Virginia Beach
    Virginia Beach County, VA
    501 Independence Parkway
    Suite 105
    Chesapeake City
    Chesapeake County, VA
    735 Thimble Shoals Boulevard
    Newport News
    Newport News County, VA
    8730 Stoney Point Parkway
    Suite 100
    Richmond
    Richmond County, VA
    1616 Laskin Road
    Virginia Beach
    Virginia Beach County, VA
    625 Elden Street
    Herndon
    Fairfax County, VA
    4180 Dominion Boulevard
    Glen Allen
    Henrico County, VA
    9012 Church Street
    Manassas
    Manassas County, VA

    Branch Applications

    Date Name of Bank Location Action
    3-10-2008 First Commonwealth Bank
    Indiana
    Indiana County
    5853 Forbes Avenue
    Pittsburgh
    Allegheny County
    Opened
    3-12-2008 Northwest Savings Bank
    Warren
    Warren County
    860 Long Pond Road
    Greece
    Monroe County, NY
    Approved
    3-12-2008 Susquehanna Bank PA
    Lititz
    Lancaster County
    4185 West Market Street
    York
    York County
    Approved
    3-18-2008 Susquehanna Bank DV
    Bryn Mawr
    Montgomery County
    76 East Lancaster Avenue
    Ardmore
    Montgomery County
    Approved

    Branch Discontinuances

    Date Name of Bank Location Action
    3-12-2008 Omega Bank
    State College
    Centre County
    205 Park Place, Suite 6
    Bellefonte
    Centre County
    Approved
    3-12-2008 Omega Bank
    State College
    Centre County
    639 South Main Street
    Wilkes-Barre
    Luzerne County
    Approved
    3-12-2008 Omega Bank
    State College
    Centre County
    814 Westminster Drive
    Williamsport
    Lycoming County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name of Credit Union Location Action
    3-18-2008 Pennsylvania State Employees Credit Union, Harrisburg, and GF Employees Credit Union, Camp Hill
    Surviving Credit Union: Pennsylvania State Employees Credit Union, Harrisburg
    HarrisburgApproved

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

    STEVEN KAPLAN,   
    Secretary

    [Pa.B. Doc. No. 08-580. Filed for public inspection March 28, 2008, 9:00 a.m.]

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