1022 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 2806]
    [Saturday, June 10, 2006]

       The Department of Banking (Department), 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 30, 2006.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of Corporation LocationAction
    5-26-06F.N.B. Corporation, Hermitage,
    to acquire 100% of the voting
    shares of The Legacy Bank,
    Harrisburg, and The Legacy
    Trust Company, Harrisburg
    HermitageEffective
    Subsequent to consummation of the previously noted acquisition, The Legacy Bank and The Legacy Trust Company were merged with and into the First National Bank of Pennsylvania, Greenville, and the First National Trust Company, Hermitage, respectively, both subsidiaries of F.N.B. Corporation.
    5-30-06Franklin Financial Services
    Corporation, Chambersburg,
    to acquire 100% of the voting shares of Fulton Bancshares
    Corporation, McConnellsburg
    ChambersburgApproved

    New Charter Applications

    DateName of Bank LocationAction
    5-23-06Centra Bank-Smithfield
    Smithfield
    Fayette County
    SmithfieldFiled
    Application represents an interim charter being formed solely to facilitate the acquisition of Smithfield State Bank of Smithfield, PA, Smithfield, PA, by Centra Financial Holdings, Inc., Morgantown, WV.
    5-26-06Hyperion Bank
    Philadelphia
    Philadelphia County
    Philadelphia Approved

    Conversions

    DateName of Bank LocationAction
    5-22-06Omega Bank, N.A.
    State College
    Centre County
       To:
    Omega Bank
    State College
    Centre County
    State College Filed
    Application represents conversion from a Nationally-chartered banking association to a State-chartered commercial bank.

    Bank Holding Company Reorganization

    DateName of Bank LocationAction
    5-25-06Berkshire Bank, Wyomissing,
    and Berkshire Interim Bank,
    Wyomissing
    Surviving Institution--
    Berkshire Bank, Wyomissing
    WyomissingApproved
    Merger transaction being effected solely to facilitate the acquisition of Berkshire Bank, Wyomissing, by Berkshire Bancorp, Inc., a bank holding company in formation.

    Absorptions, Mergers and Consolidations

    DateName of Bank LocationAction
    5-30-06Farmers and Merchants Trust
    Company of Chambersburg,
    Chambersburg, and Fulton
    County National Bank and
    Trust Company, McConnellsburg
    Surviving Institution--
    Farmers and Merchants Trust
    Company of Chambersburg
    ChambersburgApproved

    Branch Applications

    DateName of Bank LocationAction
    5-17-06Premier Bank
    Doylestown
    Bucks County
    603 York Road
    Warminster
    Bucks County
    Opened
    5-23-06
    5-24-06
    Integrity Bank
    Camp Hill
    Cumberland County
    100 Senate Avenue
    Camp Hill
    East Pennsboro Township
    Cumberland County
    Approved
    Opened

    Branch Relocations/Consolidations

    DateName of Bank LocationAction
    4-29-06Irwin Bank & Trust
    Company
    Irwin
    Westmoreland County
    Into:9350 Lincoln Highway
    Irwin
    Westmoreland County
    Effective
    From:8775 Norwin Avenue
    North Huntingdon
    Westmoreland County
    5-23-06S&T Bank
    Indiana
    Indiana County
    To:Corner of Logan
    Boulevard and Dewey Street
    Altoona
    Blair County
    Filed
    From:208 West Plank Road
    Altoona
    Blair County

    Articles of Amendment

    DateName of Bank PurposeAction
    5-23-06Wilmington Trust of
    Pennsylvania
    Villanova
    Delaware County
    Amendment to Article II of the Articles of Incorporation provides
    for a change in the principal place of business to 797 East Lancaster Avenue from 795 East Lancaster Avenue, both addresses in Villanova, Delaware County.
    Approved
    and
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Branch Applications

    DateName of Credit Union LocationAction
    5-30-06Corry Jamestown Credit Union
    Corry
    Erie County
    315 Main Street
    Spartansburg
    Crawford 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. 06-1022. Filed for public inspection June 9, 2006, 9:00 a.m.]

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