1777 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [35 Pa.B. 5276]

       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 September 13, 2005.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    9-8-05Northwest Bancorp, Inc., Warren, PA to acquire 100% of the voting shares of Equinox Financial Corp., Pembroke Pines, FL, under section 115 of the Banking Code of 1965WarrenApproved

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-8-05Northwest Savings Bank, Warren, PA and Equinox Bank, F. S. B., Pembroke Pines, FL
    Surviving Institution--
    Northwest Savings Bank, Warren
    WarrenApproved
    9-9-05Beneficial Mutual Savings Bank, Philadelphia, and Northwood Savings Bank, Philadelphia
    Surviving Institution--
    Beneficial Mutual Savings Bank, Philadelphia
    PhiladelphiaApproved

    Branch Applications

    DateName of BankLocationAction
    9-6-05Reliance Savings Bank
    Altoona
    Blair County
    1921 Pleasant Valley Boulevard
    Altoona
    Blair County
    Opened
    9-8-05Orrstown Bank
    Shippensburg
    Cumberland County
    308 Carolle Street
    Greencastle
    Franklin County
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Conversions to Community Charters

    DateName of Credit UnionLocationAction
    9-7-05Diamond Credit Union
    Pottstown
    Montgomery County
    PottstownFiled
    Application represents proposed conversion from an occupational-based to a community credit union serving persons who live, work (or regularly conduct business), worship or attend school in and businesses and other legal entities located in Montgomery, Chester and Berks Counties in this Commonwealth as permitted under the Pennsylvania Credit Union Code.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 05-1777. Filed for public inspection September 23, 2005, 9:00 a.m.]

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