1551 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [34 Pa.B. 4609]

       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 August 10, 2004.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    8-4-04Yardville National Bancorp,
       Trenton, NJ, to acquire
       up to 19.9% of the outstanding
       common stock of Bucks County
       Bank (In Organization), Doylestown,
       PA
    Trenton, NJApproved
    8-5-04Leesport Financial Corp., Wyomissing,
       to acquire 100% of the voting shares
       of Madison Bancshares Group, Ltd.,
       Blue Bell
    WyomissingFiled

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    8-5-04Leesport Bank, Wyomissing,
       and The Madison Bank,
       Blue Bell
       Surviving Institution--
       Leesport Bank, Wyomissing
    WyomissingFiled

    Branch Applications

    DateName of BankLocationAction
    8-2-04S & T Bank
    Indiana
    Indiana County
    30 Towne Center Drive
    Leechburg
    Westmoreland County
    Opened
    8-2-04Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    2905 Whitehall Road
    Norristown
    Montgomery County
    (previously approved as
    701 West Germantown Pike)
    Opened
    8-4-04Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Parkway Center Giant Eagle
    1165 McKinney Lane
    Pittsburgh
    Allegheny County
    Authorization
    Rescinded
    8-5-04Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Erie WalMart
    2711 Elm Street
    Erie
    Erie County
    Filed
    8-6-04First Star Savings Bank
    Bethlehem
    Lehigh County
    Moravian Village Tower
    Wood Street
    Bethlehem
    Northampton County
    (Limited Service Facility)
    Filed
    8-10-04Reliance Savings Bank
    Altoona
    Blair County
    1921 Pleasant Valley Road
    Altoona
    Blair County
    Filed

    Branch Relocations

    DateName of BankLocationAction
    8-4-04Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    To:1065 West County Line Road
    Hatboro
    Montgomery County
    Filed
    From:200 Blair Mill Road
    Horsham
    Montgomery County
    8-5-04Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    To:Giant Eagle
    400 Northtowne Square
    Gibsonia
    Allegheny County
    Effective
    From:Giant Eagle
    5600 Wm. Flynn Highway
    Gibsonia
    Allegheny County

    Branch Discontinuances

    DateName of BankLocationAction
    7-30-04S & T Bank
    Indiana
    Indiana County
    109 Grant Avenue
    Vandergrift
    Westmoreland County
    Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    8-5-04TruMark Financial Credit Union
    Trevose
    Bucks County
    Amendment to Article 1 of
    the Articles of Incorporation
    provides for a reduction
    in the par value of one
    share from $50 to $5.
       Approved
    and
    Effective
    8-5-04Pittsburgh Teachers Credit Union
    Pittsburgh
    Allegheny County
    Amendment to Article 8 of
    the Articles of Incorporation
    provides for the addition
    of occupational or associa-
    tional groups to the credit
    union's field of membership.
       Approved
    and
    Effective

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 04-1551. Filed for public inspection August 20, 2004, 9:00 a.m.]

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