642 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 2029]

       The Department of Banking of the Commonwealth of Pennsylvania, 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 3, 2001.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    3-26-01Iron and Glass Bank
    Pittsburgh
    Allegheny County
    PittsburghEffective
    Purchase of assets/assumption of liabilities of one branch office of First Commonwealth Bank, Indiana, located at:
    3400 South Park Road
    Bethel Park
    Allegheny County
    3-30-01The Peoples State Bank, East Berlin,
       and The Glen Rock State Bank,
       Glen Rock
       Surviving institution--The Peoples
       State Bank, East Berlin
    East BerlinEffective
    Branch Acquired Via Merger:
    57-59 Main Street
    Glen Rock
    York County
    4-3-01Fulton Bank
    Lancaster
    Lancaster County
    LancasterApproved
    Purchase of assets/assumption of liabilities of one branch office of Sovereign Bank, Wyomissing, located at:
    863 East Baltimore Pike
    Kennett Square
    Chester County

    Branch Applications

    DateName of BankLocationAction
    3-19-01Mifflin County Savings Bank
    Lewistown
    Mifflin County
    101 East Market St.
    Lewistown
    Mifflin County
    Opened
    4-3-01Stonebridge Bank
    Exton
    Chester County
    624 Willowbrook Lane
    West Goshen
    Chester County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    3-29-01Parkvale Savings Bank
    Monroeville
    Allegheny County
    To:74 Allegheny River Boulevard
    Verona
    Allegheny County
    Effective
    From:736 Allegheny River Blvd.
    Verona
    Allegheny County

    Branch Discontinuances

    DateName of BankLocationAction
    3-23-01First Commonwealth Bank
    Indiana
    Indiana County
    3400 S. Park Rd.
    Bethel Park
    Allegheny County
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    4-1-01White Rose Credit Union, York, and
       Stanreco Federal Credit Union, York
       Surviving Institution--White Rose
       Credit Union, York
    YorkEffective
    4-1-01Postmark Credit Union, Harrisburg,
       and DAUCO Federal Credit Union,
       Harrisburg
       Surviving Institution--Postmark
       Credit Union, Harrisburg
    HarrisburgEffective
    4-3-01Witco Credit Union, Petrolia, and
       Penacol Federal Credit Union,
       Petrolia
       Surviving Institution--Penacol
       Federal Credit Union, Petrolia
    PetroliaFiled

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 01-642. Filed for public inspection April 13, 2001, 9:00 a.m.]

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