891 Action on applications  

  • Action on Applications

    [35 Pa.B. 2764]

       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 26, 2005.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    2-18-05F. N. B. Corporation, Hermitage, to acquire 100% of the voting shares of NSD Bancorp, Inc., Pittsburgh, and thereby indirectly acquire NorthSide Bank, PittsburghHermitageEffective
    Effective as of the acquisition date, NorthSide Bank merged with and into First National Bank of Pennsylvania, Greenville, and is no longer regulated by this Department.

    Branch Applications

    DateName of BankLocationAction
    4-14-05Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    6918 Brous Avenue
    Philadelphia
    Philadelphia County
    Opened
    4-18-05Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    1411 Rhawn Street
    Philadelphia
    Philadelphia County
    Opened
    4-22-05Parkvale Savings Bank
    Monroeville
    Allegheny County
    1420 Greengate Centre Circle
    Greensburg
    Westmoreland County
    Filed
    4-26-05Citizens & Northern Bank
    Wellsboro
    Tioga County
    Corner of Foy and Dewey Avenues
    Williamsport
    Lycoming County
    Approved

    Branch Discontinuances

    DateName of BankLocationAction
    4-15-05Irwin Bank & Trust Company
    Irwin
    Westmoreland County
    512 Broadway
    Pitcairn
    Allegheny County
    Effective

    SAVINGS INSTITUTIONS

    Voluntary Dissolutions

    DateName of AssociationAction
    4-21-05Hometown Building and Loan Association
    Montgomeryville
    Montgomery County
    (Formerly Philadelphia,
    Philadelphia County)
    Articles of Dissolution filed with Department of State. Corporate existence terminated.

    Main Office Relocations

    DateName of AssociationLocationAction
    4-11-05Washington Savings Association
    Philadelphia
    Philadelphia County
    To:2900 Comly Road
    Philadelphia
    Philadelphia County
    Effective
    From:2701 East Allegheny Avenue
    Philadelphia
    Philadelphia County
    Note: The former main office at 2701 East Allegheny Avenue, Philadelphia, will continue as a branch office of Washington Savings Association.

    CREDIT UNIONS

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    4-21-05Utilities Employees Credit Union
    Sinking Spring
    Berks County
    The amendment to Article 8 provides for additional language to item 5 of the credit union's field of membership from: ''The spouse, children (including stepchildren and adopted children), and grandchildren of a member;'' to: ''The spouse, children (including stepchildren and adopted children), grandchildren, parents, and siblings of a member.''Effective

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 05-891. Filed for public inspection May 6, 2005, 9:00 a.m.]

Document Information