1294 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [35 Pa.B. 3827]

       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 June 28, 2005.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    6-22-05F. N. B. Corporation, Hermitage, to acquire 100% of the voting shares of North East Bancshares, Inc., North East, and thereby indirectly acquire North East National Bank, North EastHermitageFiled

    New Charter Applications

    DateName of BankLocationAction
    6-22-05East River Bank
    Philadelphia
    Philadelphia County
    PhiladelphiaFiled
    Correspondent:
    John P. Soukenik, Esq.
    Elias, Matz, Tiernan & Herrick, LLP
    734 15th Street, N.W., 12th Floor
    Washington, D. C. 20005

    Conversions

    DateName of BankLocationAction
    6-22-05The First National Bank of Canton
    Canton
    Bradford County
             To:
    Bank of Canton
    Canton
    Bradford County
    CantonApproved
    Application represents conversion from a National banking association to a Pennsylvania
    State-chartered bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    6-18-05Clearfield Bank & Trust Company
    Clearfield
    Clearfield County
    ClearfieldEffective
    Purchase of assets/assumption of liabilities of one branch of First Commonwealth Bank, IN
    Located at:
    511 Pine Grove Road
    State College
    Centre County

    Branch Applications

    Date Name of BankLocationAction
    6-22-05Abington Savings Bank
    Jenkintown
    Montgomery County
    Messenger service to service customers in Bucks, Montgomery and Philadelphia CountiesOpened
    6-22-05Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Giant Eagle
    206 Seven Fields Boulevard
    Seven Fields
    Butler County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    6-23-05Lafayette Ambassador Bank
    Easton
    Northampton County
    To:1945 Sullivan Trail
    Forks Township
    Northampton County
    Filed
    From:1700 Sullivan Drive
    Forks Township
    Northampton County

    Branch Discontinuances

    DateName of BankLocationAction
    6-17-05First Commonwealth Bank
    Indiana
    Indiana County
    511 Pine Grove Road
    State College
    Centre County
    Effective

    Articles of Amendment

    DateName of BankPurposeAction
    6-23-05Pennsylvania Business Bank
    Philadelphia
    Philadelphia County
    Amendment to Article Fifth of the Articles of Incorporation provides for an increase in the number of shares the bank has the authority to issue.Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Trade, Industry or Profession Charter Application

    DateName of BankLocationAction
    6-23-05Lee Hospital Credit Union
    Johnstown
    Cambria County
    JohnstownFiled
    Application represents a conversion from an occupational-based credit union to a Trade, Industry or Profession Charter with a proposed field of membership consisting of health care workers in Blair, Cambria and Somerset Counties to include employees, independent contractors or self-employed persons that work at or provide the following services: assisted living facilities that provide healthcare; birthing centers; blood, organ and tissue banks; emergency medical care; health clinics; health maintenance organizations facilities; home health care; hospices; hospitals; medical and diagnostic labs; nursing homes; nursing services; offices of chiropractors, dentists, licensed therapists, optometrists, physicians, podiatrists and psychologists; pain centers; paramedic services; pharmacy services; and rehabilitation centers providing medical treatment or licensed psychological or physical therapy.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 05-1294. Filed for public inspection July 8, 2005, 9:00 a.m.]

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