1340 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [35 Pa.B. 3948]

       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 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 5, 2005.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    7-1-05Community Banks, Inc., Harrisburg, to acquire 100% of the voting shares of PennRock Financial Services Corp., Blue BallHarrisburgEffective
    PennRock Financial Services Corp. is the parent holding company of Blue Ball National Bank, which will be merged with and into Community Banks as a result of this transaction (see Consolidations, Mergers and Absorptions which appears later in this notice).

    Conversions

    DateName of BankLocationAction
    6-28-05The First National Bank of Canton
    Canton
    Bradford County
          To:
    Bank of Canton
    Canton
    Bradford County
    CantonEffective
    Represents conversion from a National banking association to a State-chartered bank. Bank of Canton is a wholly owned banking subsidiary of Canton Bancorp, Inc., Canton, an existing bank holding company. The bank was previously approved as a member of the Federal Reserve System and membership became effective as of the date of conversion.
    Branches Acquired by Means of Conversion:
    304 Main Street
    Towanda
    Bradford County
    410 Canton Street
    Troy
    Bradford County

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    7-1-05Community Banks, Millersburg, and Blue Ball National Bank,
    Blue Ball
    Surviving Institution--
    Community Banks, Millersburg
    MillersburgEffective
    Branches Acquired by Means of Merger:
    State Routes 23 and 10
    Morgantown
    Berks County
    219 Cats Bank Road
    Ephrata
    Lancaster County
    2900 St. Lawrence Avenue
    Mt. Penn
    Berks County
    1001 Sharp Avenue
    Ephrata
    Lancaster County
    800 Kenhorst Plaza
    Shillington
    Berks County
    Routes 30 and 41
    Gap
    Lancaster County
    2210 Quarry Drive
    West Lawn
    Berks County
    2098 Spring Valley Road
    Lancaster
    Lancaster County
    5318 Allentown Pike
    Temple
    Berks County
    333 West Main Street
    Leola
    Lancaster County
    750 Crossings Boulevard
    Elverson
    Berks County
    3130 Lititz Pike
    Lititz
    Lancaster County
    4710 Horseshoe Pike
    Honey Brook
    Chester County
    Route 23 and Shirk Road
    New Holland
    Lancaster County
    850 Commons Drive
    Parkesburg
    Chester County
    100 West Main Street
    Terre Hill
    Lancaster County
    Corner of Routes 272 and 897
    Adamstown
    Lancaster County
    Main Street
    Mount Joy
    Lancaster County
    (Approved/Unopened)
    1060 Main Street
    Blue Ball
    Lancaster County
    90 Willow Valley Lakes Drive
    Willow Street
    Lancaster County

    Branch Applications

    DateName of BankLocationAction
    6-28-05Abington Savings Bank
    Jenkintown
    Montgomery County
    329 North Main Street
    Chalfont
    Bucks County
    Filed
    6-28-05Abington Savings Bank
    Jenkintown
    Montgomery County
    800 Bethlehem Pike
    Springhouse
    Montgomery County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Trade, Industry or Professional Charter Notice

    DateName of Credit UnionLocationAction
    6-28-05HVHS Credit Union
    Sewickley
    Allegheny County
    SewickleyFiled
    Notice represents the intent to convert from an occupational-based credit union to a Trade, Industry or Professional Charter with a proposed field of membership consisting of ''all employees, independent contractors, or self-employed persons and their family members who work regularly in the Health Care industry within the counties of the 2003 Pittsburgh Metropolitan Statistical Area (MSA) as defined by the U. S. Census Bureau. The Pittsburgh MSA is comprised of the following: Allegheny, Armstrong, Beaver, Butler, Fayette, Washington, and Westmoreland Counties, in the Commonwealth of Pennsylvania.''

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    7-1-05Pittsburgh Teachers Credit Union, Pittsburgh, and MHE Federal Credit Union, McKeesport
    Surviving Institution--
    Pittsburgh Teachers Credit Union,
    Pittsburgh
    PittsburghEffective

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 05-1340. Filed for public inspection July 15, 2005, 9:00 a.m.]

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