526 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [32 Pa.B. 1736]

       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 March 26, 2002.

    BANKING INSTITUTIONS

    Consolidations, Mergers and Absorptions

    Date Name of Bank LocationAction
    3-8-02Main Street Bank, Reading,
       and Sovereign Bank,
       Wyomissing
       Surviving Institution--
       Sovereign Bank, Wyomissing
    Reading Effective
    3-21-02 Minersville Safe Deposit Bank
       and Trust Company
    Minersville
    Schuylkill County
    Minersville Approved
    Purchase of assets/assumption of
    liabilities of two branches of
    Community Banks, Millersburg, located at:
    300 Hobart Street
    Gordon
    Schuylkill County
    339 Main Street
    Lavelle
    Schuylkill County

    Branch Applications

    Date Name of Bank Location Action
    3-5-01 Abington Savings Bank
    Jenkintown
    Montgomery County
    1515 The Fairway
    Rydal
    Abington Township
    Montgomery County
    (Limited Service Facility)
    Opened
    4-23-01 Northside Bank
    Pittsburgh
    Allegheny County
    2000 Corporate Dr.
    Franklin Park
    Allegheny County
    Opened
    2-20-02 Smithfield State Bank
    Smithfield
    Fayette County
    81 West Main St.
    Uniontown
    Fayette County
    Opened
    3-18-02 Greater Delaware Valley
       Savings Bank
    Broomall
    Delaware County
    The Shoppes at
       Brinton Lake
    Baltimore Pike and
       Brinton Lake Rd.
    Glen Mills
    Delaware County
    Opened
    3-21-02 The Peoples Bank of
       Oxford
    Oxford
    Chester County
    1138 Georgetown Rd.
    Georgetown
    Bart Township
    Lancaster County
    Approved
    3-22-02 Leesport Bank
    Leesport
    Berks County
    4361 Perkiomen Ave.
    Reading
    Berks County
    Filed

    Branch Relocations

    Date Name of Bank Location Action
    3-18-02 Northwest Savings Bank
    Warren
    Warren County
    To: 39 S. St. Marys St.
    St. Marys
    Elk County
    Effective
    From: 201 Brusselles St.
    St. Marys
    Elk County
    3-22-02 Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    To: 132-134 S. 34th St.
    Philadelphia
    Philadelphia County
    Filed
    From: 36th and Walnut Streets
    Philadelphia
    Philadelphia County

    Branch Discontinuances

    Date Name of Bank Location Action
    3-22-02 First Commonwealth Bank
    Indiana
    Indiana County
    269 King Street
    Petersburg
    Huntingdon County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Branch Relocations

    Date Name of Credit Union Location Action
    12-4-00 Incol Credit Union
    Old Forge
    Lackawanna County
    To: 320 S. Pennsylvania
       Blvd., Suite 364
    Wilkes-Barre
    Luzerne County
    Effective
    From: 775-1 Rutter Avenue
    Kingston
    Luzerne County

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 02-526. Filed for public inspection April 5, 2002, 9:00 a.m.]

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