654 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [34 Pa.B. 2078]

       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 6, 2004.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    4-1-04National Penn Bancshares, Inc.,
    Boyertown, to acquire 100% of
    Peoples First Inc., Oxford
    BoyertownFiled

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    4-1-04First Financial Bank
    Downingtown
    Chester County
    DowningtownEffective
    Purchase of assets/assumption of
    liabilities of one branch office of
    PNC Bank, N. A., Pittsburgh,
    Located at:
    112 Old Lincoln Highway
    Coatesville
    Chester County

    Branch Applications

    DateName of BankLocationAction
    3-31-04Indiana First Savings Bank
    Indiana
    Indiana County
    915 Route 22
    Highway West
    Blairsville
    Burrell Township
    Indiana County
    Filed
    4-1-04Iron and Glass Bank
    Pittsburgh
    Allegheny County
    Three Park Manor Drive
    Robinson Township
    Allegheny County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    3-29-04Citizens Bank of
    Pennsylvania
    Philadelphia
    Philadelphia County
    To:70 Towne Square Way
    Pittsburgh
    Allegheny County
    Effective
    From:4110 Brownsville Road
    Pittsburgh
    Allegheny County

    Branch Discontinuances

    DateName of BankLocationAction
    3-30-04CSB Bank
    Curwensville
    Clearfield County
    Route 879 Clearfield/
    Curwensville Highway
    Clearfield
    Lawrence Township
    Clearfield County
    Filed

    Articles of Amendment

    DateName of BankPurposeAction
    3-31-04Royal Bank of Pennsylvania
    Narberth
    Montgomery County
    Amendment to Article 1
    provides for a change in
    corporate title to
    Royal Bank America.
    Approved
    Effective
    4-1-04

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 04-654. Filed for public inspection April 16, 2004, 9:00 a.m.]

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