1162 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 3118]
    [Saturday, June 24, 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 June 13, 2006.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    6-8-06First Commonwealth Financial Corporation, Indiana, to acquire 100% of the Laurel Capital Group, Inc., Allison ParkIndianaFiled

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    6-8-06First Commonwealth Bank,
    Indiana, and Laurel Savings Bank, Allison Park
    Surviving Institution--
    First Commonwealth Bank, Indiana
    IndianaFiled

    Branch Applications

    DateName of BankLocationAction
    5-25-06New Century Bank
    Phoenixville
    Chester County
    Lincoln Court Shopping Center
    Route 30
    Malvern
    East Whiteland Township
    Chester County
    Opened
    6-6-06Mauch Chunk Trust Company
    Jim Thorpe
    Carbon County
    735 Blakeslee Drive East
    Lehighton
    Mahoning Township
    Carbon County
    Opened
    6-7-06Berkshire Bank
    Wyomissing
    Berks County
    Lots 1 and 2
    Crestwood East Office Park
    Neversink and Hearthstone Court
    Reading
    Exeter Township
    Berks County
    Filed
    6-8-06MoreBank
    Philadelphia
    Philadelphia County
    7042--7062 Terminal Square
    Upper Darby
    Delaware County
    Filed
    6-12-06Graystone Bank
    Lancaster
    Lancaster County
    Chateau Place, Lot 1
    Linglestown Road
    Harrisburg
    Dauphin County
    Approved
    6-12-06CommunityBanks
    Millersburg
    Dauphin County
    1201 Carlisle Road
    York
    West Manchester Township
    York County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    6-12-06ESB Bank
    Ellwood City
    Lawrence County
    To:SR 65, Ellwood Road
    New Castle
    Shenango Township
    Lawrence County
    Approved
    From:The Lawrence Village Plaza
    New Castle
    Shenango Township
    Lawrence County
    6-12-06Coatesville Savings Bank
    Coatesville
    Chester County
    To:1099 Georgetown Road
    Bart
    Lancaster County
    Approved
    From:1082 Georgetown Road
    Bart
    Lancaster County

    Branch Discontinuances

    DateName of BankLocationAction
    6-8-06Orrstown Bank
    Shippensburg
    Cumberland County
    13 Center Square
    Greencastle
    Franklin County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Charter Conversions

    DateName of Credit UnionLocationAction
    6-8-06Lehigh Valley Educators
       Credit Union
    Allentown
    Lehigh County
    AllentownFiled
    Application represents request for conversion from occupational-based credit union to a community-based charter to serve ''all people who live, work, worship, attend school in, and businesses and other legal entities in Lehigh and Northampton County, in the Commonwealth of Pennsylvania.'' The subject conversion will be completed by filing Articles of Amendment with the Department of State.

    Branch Applications

    DateName of Credit UnionLocationAction
    6-12-06Healthcare First Credit Union
    Johnstown
    Cambria County
    1152 Franklin Street
    Johnstown
    Cambria County
    Approved

       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. 06-1162. Filed for public inspection June 23, 2006, 9:00 a.m.]

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