1328 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 3675]
    [Saturday, July 15, 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 July 4, 2006.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    6-30-06Franklin Financial Services Corp., Chambersburg, parent company of Farmers and Merchants Trust Company of Chambersburg, Chambersburg, to acquire 100% of Fulton Bancshares Corporation, McConnellsburg, parent company of Fulton County National Bank and Trust Company, McConnellsburgChambersburgEffective 7-1-06

    Section 112 Applications

    DateName of IndividualAction
    6-27-06Paul C. Woelkers to acquire up to 12% of the outstanding shares of common stock of Landmark Community Bank, PittstonApproved

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    6-30-06Farmers 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, Chambersburg
    ChambersburgEffective 7-1-06
    Branches Acquired
    by means of Merger:
    6962 Lincoln Way West
    St. Thomas
    Franklin County, PA
    7781 Waterfall Road
    Hustontown
    Fulton County, PA
    560 Great Cove Road
    Warfordsburg
    Fulton County, PA
    100 Lincoln Way East
    McConnellsburg
    Fulton County, PA
    182 Buchanan Trail, Suite 145
    McConnellsburg
    Fulton County, PA
    18810 Sandy Bridge Station
    Orbisonia
    Huntingdon County, PA

    Conversions

    DateName of BankLocationAction
    6-27-06Omega Bank, N. A.
    State College
    Centre County
    State CollegeEffective
             To:
    Omega Bank
    State College
    Centre County
    Application represents a conversion from a National banking association to a State-chartered bank and trust company. All branches operated by Omega Bank, N. A. prior to the conversion became branches of Omega Bank upon the effective date of the conversion.

    Branch Applications

    DateName of BankLocationAction
    6-7-06S & T Bank
    Pittsburgh
    Allegheny County
    603 Stanwix Street
    Pittsburgh
    Allegheny County
    Opened
    6-23-06First Commonwealth
    Indiana
    Indiana County
    198 Park Manor Drive
    Pittsburgh
    Allegheny County
    Opened
    6-23-06Northwest Savings Bank
    Warren
    Warren County
    605 East DuBois Avenue
    Dubois
    Clearfield County
    Filed
    6-23-06Northwest Savings Bank
    Warren
    Warren County
    36 West Main Street
    Rochester, NY
    Monroe County
    Opened
    6-23-06Northwest Savings Bank
    Warren
    Warren County
    Warren Commons
    Shopping Center
    Intersection Routes 62 and 63
    Conewango Township
    Warren County
    Filed
    6-26-06Republic First Bank
    Philadelphia
    Philadelphia County
    Frankford Avenue
    Philadelphia
    Philadelphia County
    Opened
    6-27-06Fulton Bank
    Lancaster
    Lancaster County
    2009-2017 North Atherton Street
    Patton Township
    Centre County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    6-30-06White Rose Credit Union, York, and Flinchbaugh Credit Union, Red Lion
    Surviving Institution--
    White Rose Credit Union, York
    YorkEffective

       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. 06-1328. Filed for public inspection July 14, 2006, 9:00 a.m.]

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