1633 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 4180]

       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 12, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    8-1-03Fulton Financial Corporation,
       Lancaster, to acquire 100% of
       the outstanding shares of
       Premier Bancorp, Inc., Doylestown
    LancasterEffective
    As a result of this acquisition of shares, Premier Bank is now a wholly owned subsidiary of Fulton Financial Corporation.
    8-11-03Univest Corporation of
       Pennsylvania, Souderton, to
       acquire 100% of the voting shares
       of Suburban Community Bank,    Chalfont
    SoudertonApproved
    8-12-03KNBT Bancorp, Inc., Bethlehem, to
       acquire 100% of the voting shares
       of First Colonial Group, Inc.,
       Nazareth
    BethlehemApproved

    Conversions

    DateName of BankLocationAction
    8-12-03Keystone Savings Bank
    Bethlehem
    Northampton
    BethlehemApproved
    Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    8-11-03Suburban Community Bank,
       Chalfont, and UNB Acquisition
       National Bank, Souderton
       Surviving Institution--
       Suburban Community Bank,
       Chalfont
    ChalfontApproved
    8-12-03Keystone Savings Bank,
       Bethlehem, and Nazareth
       National Bank and Trust
       Company, Nazareth
       Surviving Institution--
       Keystone Savings Bank, Bethlehem,
       with a change in corporate title
       to Keystone Nazareth Bank &
       Trust Company
    BethlehemApproved

    Branch Applications

    DateName of BankLocationAction
    8-4-03S & T Bank
    Indiana
    Indiana County
    20001 Route 19
    Cranberry
    Cranberry Township
    Butler County
    Opened

    Branch Relocations

    Date Name of BankLocationAction
    8-5-03Bank of Hanover and
       Trust Company
    Hanover
    York County
    To:2430 E. Market St.
    York
    York County
    Filed
    From:2215 E. Market St.
    York
    York County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    8-11-03Lee Hospital Credit Union,
       Johnstown, and Cambria-
       Somerset COG Federal Credit
       Union, Windber
       Surviving Institution--
       Lee Hospital Credit Union,
       Johnstown
    JohnstownApproved

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 03-1633. Filed for public inspection August 22, 2003, 9:00 a.m.]

Document Information