1011 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [34 Pa.B. 3019]

       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 June 1, 2004.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    3-22-04Pitcairn Financial Group, Inc., Jenkintown, acquired 100% of the shares of common stock of Pitcairn Trust Company, Jenkintown, under section 112 of the Banking Code of 1965JenkintownEffective

    Conversions

    DateName of InstitutionLocationAction
    5-26-04Prudential Savings Association
    Philadelphia
    Philadelphia County
    PhiladelphiaFiled
             To:
    Prudential Savings Bank
    Philadelphia
    Philadelphia County
    Application represents conversion of State-chartered mutual savings association to a State-chartered mutual savings bank.

    Branch Applications

    DateName of BankLocationAction
    5-26-04Landmark Community Bank
    Pittston
    Luzerne County
    Davis Street and Pittston Avenue
    Scranton
    Lackawanna County
    Approved
    5-27-04Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    2775 West Main Street
    Norristown
    Montgomery County
    Opened
    5-28-04Citizens & Northern Bank
    Wellsboro
    Tioga County
    130 Court Street
    Williamsport
    Lycoming County
    Opened

    Branch Relocations

    DateName of BankLocationAction
    5-24-04Peoples State Bank of Wyalusing
    Wyalusing
    Bradford County
    To:Route 6 East
    Wyalusing Township
    Bradford County
    Effective
    From:201 Church Street
    Wyalusing Township
    Bradford County
    (Customer Service Only)
    5-26-04S & T Bank
    Indiana
    Indiana County
    To:920 Fifth Avenue
    Ford City
    Armstrong County
    Filed
    From:323 Ford Street
    Ford City
    Armstrong County

    SAVINGS INSTITUTIONS

    Conversions

    DateName of AssociationLocationAction
    5-20-04Citizens Savings Association
    Mount Pocono
    Monroe County
    Mount PoconoEffective
             To:
    Citizens Savings Bank
    Clarks Summit
    Lackawanna County
    Represents conversion from a State-chartered mutual savings association to a Federally-chartered mutual savings bank.

    CREDIT UNIONS

    Branch Applications

    DateName of Credit UnionLocationAction
    5-18-04Freedom Credit Union
    Philadelphia
    Philadelphia County
    636 East Main Street
    Lansdale
    Montgomery County
    Opened

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 04-1011. Filed for public inspection June 11, 2004, 9:00 a.m.]

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