870 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[36 Pa.B. 2412]

   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 9, 2002 (P. L. 1572, No. 207), known as the Credit Union Code, has taken the following action on applications received for the week ending May 9, 2006.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
5-1-06	Orrstown Financial Services, Inc., Shippensburg, to acquire 100% of the voting shares of The First National Bank of Newport, Newport		Shippensburg	Effective
	The First National Bank of Newport will be operated as a wholly-owned subsidiary of Orrstown Financial Services, Inc.

Conversions

Date	Name of Bank		Location	Action
5-9-06	Compass Federal Savings Bank Wilmerding Allegheny County          To: Compass Savings Bank Wilmerding Allegheny County		Wilmerding	Approved
	Application represents a conversion from a Federally-chartered mutual savings bank to a State- chartered mutual savings bank.

Branch Applications

Date	Name of Bank		Location	Action
4-27-06	The Muncy Bank and Trust Company Muncy Lycoming County		319 South Main Street Muncy Lycoming County (Drive-Up Facility)	Opened
4-24-06	Allegiance Bank of North America Bala Cynwyd Montgomery County		190 East DeKalb Pike King of Prussia Montgomery County	Opened
4-24-06	Fulton Bank Lancaster Lancaster County		2350 North Reading Road Denver East Cocalico Township Lancaster County	Opened
5-5-06	Northwest Savings Bank Warren Warren County		950 South Pine Island Road Suite 180 Plantation Broward County, FL	Approved
5-5-06	Northwest Savings Bank Warren Warren County		8221 Peters Road Plantation Broward County, FL (Drive-Up Facility)	Approved
5-8-06	Integrity Bank Camp Hill Cumberland County		100 Senate Avenue Camp Hill East Pennsboro Township Cumberland County	Filed

Branch Relocations

Date	Name of Bank		Location	Action
5-4-06	Atlantic Central Bankers Bank Camp Hill Cumberland County	To:	Gateway One Newark Essex County, NJ	Effective
		From:	400A Commerce Boulevard Carlstadt Bergen County, NJ
5-5-06	Fulton Bank Lancaster Lancaster County	To:	South Market Street and Cumberland Parkway Mechanicsburg Upper Allen Township Cumberland County	Approved
		From:	360 Cumberland Parkway Mechanicsburg Upper Allen Township Cumberland County
5-5-06	Coatesville Savings Bank Coatesville Chester County	To:	1099 Georgetown Road Bart Lancaster County	Filed
		From:	1082 Georgetown Road Bart Lancaster County

Branch Discontinuances

Date	Name of Bank		Location	Action
4-22-06	Fulton Bank Lancaster Lancaster County		1976 Bowmansville Road Adamstown Lancaster County	Effective
5-1-06	Orrstown Bank Shippensburg Cumberland County		13 Center Square Greencastle Franklin County	Filed

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Conversions to Community Charters

Date	Name of Credit Union		Location	Action
3-27-06	White Rose Credit Union York York County		York	**
	**Conversion to community charter became effective by Operation of Law under section 501(g) of the Credit Union Code. The conversion was completed by filing Articles of Amendment with the Department of State effective May 5, 2006 (see following).

Articles of Amendment

Date	Name of Credit Union		Purpose	Action
5-5-06	White Rose Credit Union York York County		Amendment to Article 8 of the Articles of Incorporation provides for a change by extending the field of membership to include ''All people who live, work, worship, attend school in, and businesses and other legal entities in York and Adams County, in the Commonwealth of Pennsylvania.''	Effective

BRANCH APPLICATIONS

Date	Name of Credit Union		Location	Action
5-8-06	HealthCare First Credit Union Johnstown Cambria County		1152 Franklin Street Johnstown Cambria County	Filed

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

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 06-870. Filed for public inspection May 19, 2006, 9:00 a.m.]