1382 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [31 Pa.B. 4096]

       The Department of Banking of the Commonwealth of Pennsylvania, 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 17, 2001.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    7-17-01Citizens Financial Group, Inc.,
       Providence, Rhode Island, to
       acquire 100% of the voting
       shares of Citizens Bank of
       Pennsylvania (In Formation),
       Philadelphia, PA
    Providence, RIFiled

    New Charter Applications

    DateName of BankLocationAction
    7-17-01Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    PhiladelphiaFiled
    Correspondent:
    Gregory J. Lyons
    Goodwin Procter, LLP
    53 State Street
    Boston, MA 02109

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    7-17-01Citizens Bank of Pennsylvania
    (In Formation)
    Philadelphia
    Philadelphia County
    PhiladelphiaFiled
    Purchase of assets/assumption of liabilities of 322 Branch Offices of Mellon Bank, N.A., Pittsburgh, located in Pennsylvania (316), New Jersey (4) and Maryland (2).

    Branch Applications

    DateName of BankLocationAction
    7-5-01Peoples State Bank of
       Wyalusing
    Wyalusing
    Bradford County
    202 S. Turnpike St.
    Dushore
    Sullivan County
    Opened
    7-11-01Mifflinburg Bank and
       Trust Company
    Mifflinburg
    Union County
    RiverWoods
    1 River Road
    Lewisburg
    Union County
    (Limited Service Facility)
    Approved
    7-11-01Leesport Bank
    Leesport
    Berks County
    One West Broad St.
    Hazleton
    Luzerne County
    (Drive-Up Facility)
    Approved
    7-12-01First Heritage Bank
    Wilkes-Barre
    Luzerne County
    685 Wyoming Avenue
    Kingston
    Luzerne County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    7-11-01The Madison Bank
    Blue Bell
    Montgomery County
    To:Plymouth Corporate
       Center, Bldg. F
    625 Ridge Pike
    Conshohocken
    Montgomery County
    Approved
    From:202 West Ridge Pike
    Conshohocken
    Montgomery County
    7-13-01Keystone Savings Bank
    Bethlehem
    Northampton County
    To:3091 William Penn
       Highway
    Palmer Township
    Northampton County
    Approved
    From:3745 Nicholas Street
    Palmer Township
    Northampton County

    Branch Discontinuances

    DateName of BankLocationAction
    6-29-01Main Street Bank
    Reading
    Berks County
    1430 Jacobsburg Rd.
    Wind Gap
    Northampton County
    Effective
    7-12-01Main Street Bank
    Reading
    Berks County
    100 Progress Drive
    Doylestown
    Bucks County
    Filed
    7-12-01Main Street Bank
    Reading
    Berks County
    39 Bridge Street
    Lambertville
    Hunterdon County
    New Jersey
    Filed
    7-13-01AmeriServ Financial Bank
    Johnstown
    Cambria County
    Main Street
    Coalport
    Clearfield County
    Filed

    Articles of Amendment

    DateName of BankPurposeAction
    7-13-01Mifflinburg Bank and
       Trust Company
    Mifflinburg
    Union County
    Amendment to Article II provides for a change in the principal place of business to: 250 East Chestnut Street; from: 343 Chestnut Street, both addresses in Mifflinburg, Union County, PA.Approved
    and
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    JAMES B. KAUFFMAN, Jr.,   
    Secretary

    [Pa.B. Doc. No. 01-1382. Filed for public inspection July 27, 2001, 9:00 a.m.]

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