1233 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [29 Pa.B. 4077]

       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 20, 1999.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    7-13-99Sky Financial Group, Inc., Bowling Green, Ohio, to acquire 100% of the voting shares of First Western Bancorp, Inc., New Castle, PennsylvaniaBowling Green, OhioApproved
    7-14-99BT Financial Corporation, Johnstown, to acquire 100% of the voting shares of First Philson Financial Corporation, BerlinJohnstownEffective

    New Charter Applications

    DateName of BankLocationAction
    7-12-99Northern State Bank
    Towanda
    Bradford County
    304 Main Street
    Towanda
    Bradford County
    Commenced Operations

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    7-15-99Laurel Bank, Johnstown, and First Philson Bank, N.A.,
    Berlin
    Surviving Institution--Laurel Bank, Johnstown
    JohnstownEffective
    Branches Acquired By Merger:
    2066 Indian Head Road
    Indiana Head
    Fayette County
    2937 New Centerville Road
    Rockwood
    Somerset County
    4640 National Pike
    Markleysburg
    Fayette County
    1235 Main Street
    Shanksville
    Somerset County
    534 Main Street
    Berlin
    Somerset County
    509 East Main Street
    Somerset
    Somerset County
    506 Main Street
    Berlin
    Somerset County
    100 East Main Street
    Stoystown
    Somerset County
    508-510 Hughart Street
    Confluence
    Somerset County
    7-15-99The Peoples State Bank
    East Berlin
    Adams County
    East BerlinApproved
    Purchase of assets/assumption of liabilities of one branch office of Sovereign Bank, F.S.B., Wyomissing, Located at:
    29 North Washington Street
    Gettysburg
    Adams County
    7-15-99Port Richmond Savings, Philadelphia, and Gorgas Savings Association, Philadelphia
    Surviving Institution--Port Richmond Savings, Philadelphia
    PhiladelphiaFiled
    7-16-99Northwest Savings Bank
    Warren
    Warren County
    WarrenApproved
    Purchase of assets/assumption of liabilities of eight branch offices of PNC Bank, N.A., Pittsburgh, Located at:
    475 Theatre Drive
    Johnstown
    Cambria County
    Walnut & West Spruce Sts.
    Marienville
    Forest County
    Lyter Drive & Entrance Way
    Johnstown
    Cambria County
    428 Main Street
    Smethport
    McKean County
    225-227 Franklin Street
    Johnstown
    Cambria County
    5 Buckingham Street
    Tidioute
    Warren County
    221 Elm Street
    Tionesta
    Forest County
    101 South Main Street
    Sheffield
    Warren County

    Branch Applications

    DateName of BankLocationAction
    7-19-99First Heritage Bank
    Wilkes-Barre
    Luzerne County
    R. D. 1
    Airport Beltway
    Hazleton
    Luzerne County
    Approved
    7-19-99Harris Savings Bank
    Harrisburg
    Dauphin County
    Shoppes at Kissel Village
    Route 501
    Lititz
    Warwick Township
    Lancaster County
    Approved
    7-19-99Woodlands Bank
    Williamsport
    Lycoming County
    213 W. Fourth Street
    Williamsport
    Lycoming County
    Approved

    Branch Relocations

    DateName of BankLocationAction
    7-19-99Parkvale Savings Bank
    Monroeville
    Allegheny County
    To:Brodhead Road and Mill Street
    Aliquippa
    Beaver County
    Approved
    From:913 23rd Street
    Aliquippa
    Beaver County

    SAVINGS ASSOCIATIONS

    Consolidations, Mergers and Absorptions

    DateName of AssociationLocationAction
    7-13-99Chelten Hills Savings Association, Abington, and Resolute Savings and Loan Association, Philadelphia
    Surviving Institution--Chelten Hills Savings Association, Abington
    AbingtonApproved

    Voluntary Dissolutions

    DateName of AssociationAction
    7-19-99Chestnut Street Building and Loan
       Association
    Philadelphia
    Philadelphia County
    Certificate of Election for voluntary dissolution filed. Effective as of close of business July 19, 1999.

    CREDIT UNIONS

    No activity.

    DAVID E. ZUERN,   
    Secretary

    [Pa.B. Doc. No. 99-1233. Filed for public inspection July 30, 1999, 9:00 a.m.]

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