890 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [35 Pa.B. 2762]

       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 19, 2005.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    4-15-05KNBT Bancorp, Inc., Bethlehem, to acquire 100% of the voting shares of Northeast Pennsylvania Financial Corp., HazletonBethlehemApproved

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    4-12-05Enterprise Bank, Allison Park, and Enterprise Interim Bank, Allison Park
    Surviving Institution--
    Enterprise Bank, Allison Park
    Allison ParkFiled
    Merger will be effected solely to facilitate the acquisition of Enterprise Bank by Enterprise Financial Services Group, Inc., a newly formed Pennsylvania corporation and proposed bank holding company.
    4-15-05Keystone Bank & Trust Company, Bethlehem, First Federal Bank, Hazelton, and Northeast Pennsylvania Trust Company, Hazelton
    Surviving Institution--
    Keystone Bank & Trust Company, Bethlehem
    BethlehemApproved
    4-15-05Farmers & Merchants Bank and Trust, Hagerstown, MD, Susquehanna Bank, Baltimore, MD, Citizens Bank of Southern Pennsylvania, Greencastle, PA, and First American Bank of Pennsylvania, Everett, PA
    Surviving Institution--
    Farmers & Merchants Bank and Trust, Hagerstown, MD, with a change in name to Susquehanna Bank.
    Hagerstown, MDEffective
    Note: The four previously noted merger proponents are all wholly owned subsidiaries of Susquehanna Bancshares, Inc., Lititz, PA.
    4-18-05Clearfield Bank & Trust Company
    Clearfield
    Clearfield County
    ClearfieldApproved
    Purchase of assets/assumption of liabilities of one branch of First Commonwealth Bank, Indiana,
    Located at:
    511 Pine Grove Road
    State College
    Centre County

    Branch Applications

    DateName of BankLocationAction
    3-7-05Bank of Hanover and Trust Company
    Hanover
    York County
    8-12 Locust Lane
    Westminster
    Carroll County, MD
    Opened
    4-8-05Pennsylvania Business Bank
    Philadelphia
    Philadelphia County
    1132 Cooper Street
    Deptford
    Gloucester County, NJ
    Opened
    4-11-05East Penn Bank
    Emmaus
    Lehigh County
    18 South Second Street
    Emmaus
    Lehigh County
    Opened
    4-13-05Affinity Bank of Pennsylvania
    Wyomissing
    Berks County
    29 North Sixth Street
    Reading
    Berks County
    Approved
    4-13-05Abington Savings Bank
    Jenkintown
    Montgomery County
    1111 Easton Road
    Warrington
    Bucks County
    Approved
    4-13-05West Milton State Bank
    West Milton
    Union County
    Corner of Pine Street and
    U. S. Route 522
    Beaver Springs
    Spring Township
    Snyder County
    Approved
    4-18-05Mid Penn Bank
    Millersburg
    Dauphin County
    5500 Allentown Boulevard
    Harrisburg
    Dauphin County
    Opened
    4-18-05Fulton Bank
    Lancaster
    Lancaster County
    2747 Century Boulevard
    Sinking Spring
    Spring Township
    Berks County
    Approved

    Branch Discontinuances

    DateName of BankLocationAction
    4-13-05Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Seven branches in Butler County
    at the following locations:
    Approved
    301 North Main Street
    Butler
    Butler County
    1521 North Main Street
    Butler
    Butler County
    700 Moraine Point Plaza
    Butler
    Butler County
    20111 Route 19
    Cranberry Mall
    Cranberry Township
    Butler County
    Main Street
    Saxonburg
    Butler County
    223 Grove City Road
    Slippery Rock
    Butler County
    100 North Main Street
    Zelienople
    Butler County
    4-18-05Lafayette Ambassador Bank
    Easton
    Northampton County
    1401 Easton Avenue
    Bethlehem
    Northampton County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 05-890. Filed for public inspection May 6, 2005, 9:00 a.m.]

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