1213 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 3285]
    [Saturday, July 1, 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 20, 2006.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    6-14-06Allegheny Valley Bancorp, Inc., Pittsburgh, parent company of Allegheny Valley Bank of Pittsburgh, to acquire 100% of RSV Bancorp, Inc., Pittsburgh, parent company of Mt. Troy Bank, Pittsburgh, a Federal Savings BankPittsburghFiled

    Consolidations, Mergers and Absorptions

    Date Name of BankLocationAction
    6-14-06Allegheny Valley Bank of
    Pittsburgh, Pittsburgh, and
    Mt. Troy Bank, Pittsburgh
    Surviving Institution--
    Allegheny Valley Bank
    of Pittsburgh, Pittsburgh
    PittsburghFiled
    6-14-06The Juniata Valley Bank
    Mifflintown
    Juniata County
    MifflintownFiled
    Purchase of assets/assumption of liabilities of one branch of Mifflinburg Bank and Trust Company, Mifflinburg
    Located at:
    Main Street
    Richfield
    Juniata County

    Branch Applications

    DateName of BankLocationAction
    6-14-06Graystone Bank
    Lancaster
    Lancaster County
    1276 North Atherton Street
    State College
    Centre County
    Withdrawn
    6-16-06The Bryn Mawr Trust Company
    Bryn Mawr
    Montgomery County
    849 Paoli Pike
    West Chester
    Chester County
    Filed
    6-19-06Lafayette Ambassador Bank
    Easton
    Northampton County
    1127 Chestnut Street
    Emmaus
    Lehigh County
    Opened

    Branch Discontinuances

    DateName of BankLocationAction
    6-9-06Orrstown Bank
    Shippensburg
    Cumberland County
    13 Center Square
    Greencastle
    Franklin County
    Effective
    6-13-06First Commonwealth Bank
    Indiana
    Indiana County
    Logan Valley Mall
    West Plank Road
    Altoona
    Logan Township
    Blair County
    (Drive-Up Facility)
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    6-16-06Freedom Credit Union, Philadelphia, and SE Family Federal Credit Union, Philadelphia
    Surviving Institution--
    Feedom Credit Union, Philadelphia
    PhiladelphiaFiled

       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. 06-1213. Filed for public inspection June 30, 2006, 9:00 a.m.]

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