1799 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [37 Pa.B. 5273]
    [Saturday, September 29, 2007]

       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 18, 2007.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    Date Name of Corporation Location Action
    9-10-07 First Keystone Corporation, Berwick, to acquire 100% of Pocono Community Bank, Stroudsburg, which will be merged with and into First Keystone National Bank, Berwick (a wholly-owned subsidiary of First Keystone Corporation).BerwickFiled
    9-17-07 The PNC Financial Services Group, Inc., Pittsburgh, to acquire 100% of Sterling Financial Corporation, Lancaster, and thereby indirectly acquire BLC Bank, N.A., Strasburg, and Sterling Financial Trust Company, Lancaster.PittsburghApproved

    Consolidations, Mergers and Absorptions

    Date Name of Bank Location Action
    9-7-07 Brentwood Bank
    Bethel Park
    Allegheny County
    Bethel ParkEffective
    Purchase of assets/assumption of liabilities of one branch office of Community Bank, Carmichaels,
    located at:
    3730 Brownsville Road
    Pittsburgh
    Allegheny County

    Branch Applications

    Date Name of Bank Location Action
    8-24-07 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    31 West Ridge Pike
    Royersford
    Montgomery County
    Opened
    9-4-07 Fulton Bank
    Lancaster
    Lancaster County
    515 Hershey Avenue
    Lancaster
    Lancaster County
    Opened
    9-5-07 Mifflinburg Bank and
    Trust Company
    Mifflinburg
    Union County
    214 Vine Street
    New Berlin
    Union County
    Filed
    9-10-07 Republic First Bank
    Philadelphia
    Philadelphia County
    833 Chestnut Street
    Philadelphia
    Philadelphia County
    Opened
    9-10-07 Susquehanna Bank PA
    Lititz
    Lancaster County
    100 Sterling Parkway
    Suite 100
    Mechanicsburg
    Cumberland County
    (Limited Service Facility)
    Opened
    9-13-07 Mercer County State Bank
    Sandy Lake
    Mercer County
    712 West Main Street
    Grove City
    Mercer County
    Approved
    9-17-07 Community State Bank or Orbisonia
    Orbisonia
    Huntingdon
    354 Buchanan Trail
    McConnellsburg
    Fulton County
    Authorization Surrendered

    Branch Consolidations

    Date Name of BankLocation Action
    9-6-07 S & T Bank
    Indiana
    Indiana County
    Into:3884 Route 30E
    Latrobe
    Westmoreland County
    Filed
    From: 100 Colony Lane
    Latrobe
    Westmoreland County

    Branch Discontinuances

    Date Name of Bank Location Action
    9-6-07 S & T Bank
    Indiana
    Indiana County
    Delmont Wal-Mart
    6700 Hollywood Boulevard
    Delmont
    Westmoreland County
    Filed
    9-10-07 Stonebridge Bank
    West Chester
    Chester County
    1212 Churchville Road
    Bel Air
    Harford County, MD
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name of Credit Union Location Action
    8-28-07 First Credit Union of Scranton,
    Scranton and McKinney-Scranton
    Federal Credit Union, Scranton
    ScrantonFiled
    Surviving Institution--
    First Credit Union of Scranton,
    Scranton

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

    STEVEN KAPLAN,   
    Secretary

    [Pa.B. Doc. No. 07-1799. Filed for public inspection September 28, 2007, 9:00 a.m.]

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