1445 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 3617]

       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 July 15, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    7-14-03Univest Corporation of
       Pennsylvania, Souderton,
       to acquire 100% of the
       voting shares of Suburban
       Community Bank, Chalfont
    SoudertonFiled

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    11-1-02Brentwood Bank
    Bethel Park
    Allegheny County
    Bethel ParkEffective
    Purchase of certain assets/
    assumption of certain liabilities
    of one branch office of Pittsburgh
    Savings Bank, Pittsburgh, located at:
    5001 Library Road
    Bethel Park
    Allegheny County
    Note:  Subject branch was closed by Pittsburgh Savings Bank as of October 19, 2002. No real estate was involved in this transaction.
    7-10-03Atlantic Central Bankers
       Bank, Camp Hill, and
       ACB Bank, NJ, Carlstadt, NJ
    Surviving Institution--
       Atlantic Central Bankers
       Bank, Camp Hill
    Camp HillApproved
    7-14-03Suburban Community Bank,
       Chalfont, and UNB Acquisition
       National Bank, Souderton
       Surviving Institution--
       Suburban Community Bank,
       Chalfont
    ChalfontFiled

    Branch Applications

    DateName of BankLocationAction
    7-2-03Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    Roxborough ShopRite
    6901 Ridge Avenue
    Philadelphia
    Philadelphia County
    Opened

    Branch Discontinuances

    DateName of BankLocationAction
    7-10-03Leesport Bank
    Wyomissing
    Berks County
    101 North Main St.
    Shenandoah
    Schuylkill County
    Approved
    7-10-03Leesport Bank
    Wyomissing
    Berks County
    Route 309
    Drums
    Luzerne County
    Approved
    7-10-03Leesport Bank
    Wyomissing
    Berks County
    140 Can-Do Exp.
    Hazleton
    Luzerne County
    Approved
    7-10-03Leesport Bank
    Wyomissing
    Berks County
    1 West Broad St.
    Hazleton
    Luzerne County
    (Drive-Up Facility)
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 03-1445. Filed for public inspection July 25, 2003, 9:00 a.m.]

Document Information