887 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [37 Pa.B. 2308]
    [Saturday, May 19, 2007]

       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 May 8, 2007.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    Date Name of Corporation  Location Action
    5-2-07 Northwest Bancorp, Inc.,
    Warren, to Acquire 100% of
    the Voting Shares of Penn
    Laurel Financial Corporation,
    Curwensville
    Warren Approved

    New Charter Applications

    Date Name of Bank  Location Action
    5-4-07 Great Bear Bank
    Allentown
    Lehigh County
    Allentown Approved

    Consolidations, Mergers and Absorptions

    Date Name of Bank  Location Action
    5-2-07 Northwest Savings Bank,
    Warren, and CSB Bank,
    Curwensville
    Surviving Institution--
    Northwest Savings Bank, Warren
    Warren Approved
    5-8-07 Beneficial Mutual Savings
    Bank, Philadelphia, PA and
    Farmers & Mechanics Bank,
    Burlington, NJ
    Surviving Institution--
    Beneficial Mutual Savings
    Bank, Philadelphia, PA
    Philadelphia Approved

    Branch Relocations

    Date Name of Bank Location Action
    5-4-07 CommunityBanks
    Millersburg
    Dauphin County
    To:1801 Baltimore Pike
    York
    West Manheim Township
    York County
    Filed
    From:1345 Baltimore Street
    York
    West Manheim Township
    York County

    Branch Discontinuances

    Date Name of Bank Location Action
    4-13-07 S & T Bank
    Indiana
    Indiana County
    Treasure Lake
    Coral Reef and
    Crooked Island Roads
    DuBois
    Clearfield County
    Effective
    4-27-07 AmeriServ Financial Bank
    Johnstown
    Cambria County
    900 Locust Street
    St. Michael
    Adams Township
    Cambria County
    Filed
    5-1-07 Standard Bank, PaSB
    Murrysville
    Westmoreland County
    730 Penn Avenue
    Wilkinsburg
    Allegheny County
    Effective

    SAVINGS INSTITUTIONS

    Conversions

    Date Name of Association  Location Action
    4-3-07 ESSA Bank & Trust
    Stroudsburg
    Monroe County
    Stroudsburg Effective
    Represents conversion from a mutual savings association to a stock savings association and concurrent formation of a thrift holding company, ESSA Bancorp, Inc., that will own 100% of the common stock of the association.

    CREDIT UNIONS

    Branch Applications

    Date Name of Credit Union  Location Action
    5-1-07 TruMark Financial
    Credit Union
    Trevose
    Bucks County
    Plymouth Whitemarsh
    High School
    201 East Germantown Pike
    Plymouth Meeting
    Montgomery County
    Filed

    Branch Relocations

    Date Name of Credit Union  Location Action
    4-30-07 White Rose Credit Union
    York
    York County
    To:200 East High Street
    Red Lion
    York Township
    York County
    Effective
    From:13 Dairyland Square
    Red Lion
    York Township
    York County

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

    VICTORIA A. REIDER,   
    Acting Secretary

    [Pa.B. Doc. No. 07-887. Filed for public inspection May 18, 2007, 9:00 a.m.]

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