668 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 1854]

       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 April 1, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisition

    DateName of CorporationLocationAction
    3-28-03Laurel Capital Group, Inc., Allison Park, to acquire 100% of the voting shares of SFSB Holding Company, PittsburghAllison ParkEffective

    Conversions

    DateName of InstitutionLocationAction
    3-27-03Huntingdon Valley Bank
    Huntingdon Valley
    Montgomery County
    Huntingdon ValleyFiled
             To:
    Huntingdon Valley Bank
    Huntingdon Valley
    Montgomery County
    Application represents conversion from a Federally-chartered mutual savings association to a State-chartered mutual savings bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    3-28-03Laurel Savings Bank, Allison Park,
       and Stanton Federal Savings Bank,
       Pittsburgh
       Surviving Institution--Laurel
       Savings Bank, Allison Park
    Allison ParkEffective
    Branches Acquire via Merger:
    900 Saxonburg Boulevard
    Pittsburgh
    Allegheny County
    5200 Butler Street
    Pittsburgh
    Allegheny County

    Branch Applications

    DateName of BankLocationAction
    3-26-03Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Parkway Center Giant Eagle
    1165 McKinney Lane
    Pittsburgh
    Allegheny County
    Filed
    3-26-03Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Brentwood Whitehall Giant Eagle
    4138 Brownsville Road
    Pittsburgh
    Allegheny County
    Filed
    3-31-03Keystone Savings Bank
    Bethlehem
    Northampton County
    Club Avenue and Union Boulevard
    Bethlehem
    Lehigh County
    Approved
    3-31-03Keystone Savings Bank
    Bethlehem
    Northampton County
    3926 Linden St.
    Bethlehem Twp.
    Northampton County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    3-31-03Patriot Bank
    Pottstown
    Montgomery County
    To:2545 Mickley Ave.
    Whitehall
    Lehigh County
    Filed
    From:2541 Mickley Ave.
    Whitehall
    Lehigh County

    Branch Discontinuances

    DateName of BankLocationAction
    3-31-03PeoplesBank, Codorus Valley
       Company
    Glen Rock
    York County
    Normandie Ridge
    1700 Normandie Dr.
    York
    West Manchester Twp.
    York County
    (Limited Service Facility)
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    A. WILLIAM SCHENCK, III   
    Acting Secretary

    [Pa.B. Doc. No. 03-668. Filed for public inspection April 11, 2003, 9:00 a.m.]

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