1707 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [38 Pa.B. 5171]
    [Saturday, September 20, 2008]

       The Department of Banking (Department), 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 September 9, 2008.

       Under section 503.E of the Department of Banking Code (71 P. S. §  733-503.E), any person wishing to comment on the following applications, with the exception of branch applications and any application filed prior to August 7, 2008, may file their comments in writing with the Department of Banking, 17 North Second Street, Suite 1300, Harrisburg, PA 17101. Comments must be received no later than 30 days from the date notice of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection during regular business hours. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    Date Name of CorporationLocation Action
    8-16-2008 F.N.B. Corporation, Hermitage, acquired 100% of Iron and Glass Bancorp, Inc., Pittsburgh, and thereby indirectly acquired Iron and Glass Bank, Pittsburgh, which merged with and into First National Bank of Pennsylvania, Greenville, a wholly-owned subsidiary of F.N.B. CorporationHermitageEffective

    Branch Applications

    De Novo Branches

    Date Name of Bank Location Action
    8-26-2008Abington Savings Bank
    Jenkintown
    Montgomery County
    420 South York Road
    Hatboro
    Montgomery County
    Opened
    9-2-2008Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    910 Haddonfield-Berlin Road
    Voorhees
    Camden County, NJ
    Authorization Surrendered
    9-2-2008 Orrstown Bank
    Shippensburg
    Cumberland County
    1020 Professional Court
    Hagerstown
    Washington County, MD
    Opened

    Branch Discontinuances

    Date Name of Bank Location Action
    9-3-2008Merchants Bank of Bangor
    Bangor
    Northampton County
    291 West Moorestown Road
    Nazareth
    Northampton County
    Filed
    9-4-2008 Conestoga Bank
    Chester Springs
    Chester County
    1501 South Newkirk Street
    Philadelphia
    Philadelphia County
    Closed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

       The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.

    STEVEN KAPLAN,   
    Secretary

    [Pa.B. Doc. No. 08-1707. Filed for public inspection September 19, 2008, 9:00 a.m.]

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