1065 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 2657]

       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 May 20, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    5-16-03Univest Corporation of
       Pennsylvania, Souderton,
       to indirectly acquire 100%
       of the voting shares of
       First County Bank, Doylestown,
       through its ownership of Univest
       National Bank and Trust Co.,
       Souderton
    SoudertonApproved
    and
    Effective

    Consolidations, Mergers and Absorptions

    DateName of Bank LocationAction
    5-16-03First County Bank,
       Doylestown, and
       UNB Interim Acquisition
       Bank, Souderton
       Surviving Institution--
       First County Bank,
       Doylestown
    DoylestownApproved
    and
    Effective
    Merger is being effected solely to facilitate the acquisition of First County Bank by Univest Corporation of Pennsylvania, Souderton, through the subsequent merger of First County Bank with and into Univest National Bank and Trust Co., Souderton.
    5-17-03Univest National Bank and
       Trust Co., Souderton, and
       First County Bank, Doylestown
       Surviving Institution--
       Univest National Bank and
       Trust Co., Souderton
    SoudertonEffective

    Branch Applications

    DateName of Bank LocationAction
    5-2-03First Financial Bank
    Downingtown
    Chester County
    300 Simpson Drive
    Chester Springs
    Chester County
    Opened
    5-12-03Leesport Bank
    Wyomissing
    Berks County
    4708 Penn Avenue
    Sinking Spring
    Berks County
    Opened

    Branch Discontinuances

    DateName of Bank LocationAction
    5-15-03S & T Bank
    Indiana
    Indiana County
    Westmoreland Mall
    Route 30
    Greensburg
    Westmoreland County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 03-1065. Filed for public inspection June 6, 2003, 9:00 a.m.]

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