1910 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 6001]
    [Saturday, September 30, 2006]

       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 19, 2006.

    BANKING INSTITUTIONS

    Interim Charter Applications

    DateName of BankLocationAction
    9-18-06Unity Bank of Pennsylvania
    Forks Township
    Northampton County
    Forks TownshipEffective
    Interim bank is being chartered solely to facilitate the ability of Unity Bank, Clinton, NJ, a New Jersey-chartered bank, to establish a branch office in Pennsylvania. The Interim will be immediately merged with and into Unity Bank, a wholly owned subsidiary of Unity Bancorp, Inc., Clinton, NJ.

    Holding Company Acquisition

    DateName of CorporationLocationAction
    9-1-06Juniata Valley Financial Corporation, Mifflintown, to acquire up to 39.2% of the outstanding common stock of The First National Bank of Liverpool, Liverpool, under the provisions of section 112 of the Banking Code of 1965MifflintownEffective
    9-18-06Unity Bancorp, Inc., Clinton, New Jersey, to acquire 100% of Unity Bank Pennsylvania, Forks Township, PA, which will be merged with and into Unity Bank, Clinton, NJ, the wholly owned subsidiary of Unity Bancorp, Inc.Clinton, NJEffective

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    9-12-06CommunityBanks, Millersburg, and Sentry Trust Company, Chambersburg
    Surviving Institution--
    CommunityBanks, Millersburg
    MillersburgApproved and Effective 9-15-06
    Branch Acquired by means of Merger:
    785 Fifth Avenue
    Chambersburg
    Franklin County

    Branch Applications

    DateName of BankLocationAction
    9-12-06Keystone Nazareth Bank & Trust Company
    Bethlehem
    Northampton County
    Giant Food Store
    1241 Blakeslee Boulevard
    Lehighton
    Carbon County
    Filed
    9-12-06Integrity Bank
    Camp Hill
    Cumberland County
    301 Colonial Road
    Harrisburg
    Lower Paxton Township
    Dauphin County
    Opened
    9-14-06Abington Savings Bank
    Jenkintown
    Montgomery County
    Lansdale Pavillion
    407 South Broad Street
    Lansdale
    Montgomery County
    Approved
    9-14-06Bank of Hanover and Trust Company
    Hanover
    York County
    1120 Fairfield Road
    Gettysburg
    Adams County
    Approved
    9-14-06Lafayette Ambassador Bank
    Easton
    Northampton County
    North Third Street
    Coopersburg
    Lehigh County
    Approved
    9-18-06Prudential Savings Bank
    Philadelphia
    Philadelphia County
    23 North 3rd Street
    Philadelphia
    Philadelphia County
    Filed

    Branch Discontinuances

    DateName of BankLocationAction
    9-13-06Minersville Safe Deposit Bank & Trust Company
    Minersville
    Schuylkill County
    Discontinuance of Three Branch Offices
    Located at:
    Approved
    Fourth and Sunbury Streets
    Minersville
    Schuylkill County
    100 West Main Street
    Girardville
    Schuylkill County
    339 Main Street
    Lavelle
    Schuylkill County
    9-14-06Omega Bank
    State College
    Centre County
    1100 Spring Garden Drive
    Middletown
    Dauphin County
    Filed
    9-14-06Omega Bank
    State College
    Centre County
    51 South Street
    Steelton
    Dauphin County
    Filed
    9-14-06Omega Bank
    State College
    Centre County
    1110 East Simpson Street
    Mechanicsburg
    Cumberland County
    Filed

    Articles of Amendment

    DateName of BankPurposeAction
    9-14-06Sentry Trust Company
    Chambersburg
    Franklin County
    Amendment to Article Third of the Articles of Incorporation in its entirety to read as follows: ''The purpose for which the institution is incorporated is to convert to a bank and trust company and immediately thereafter merge with and into CommunityBanks, a bank and trust company organized and existing under the laws of the Commonwealth of Pennsylvania.''Approved and Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Charter Conversions

    DateName of Credit UnionLocationAction
    9-6-06Lehigh Valley Educators Credit Union
    Allentown
    Lehigh County
    AllentownWithdrawn
    Notice represented a request for conversion from an occupational-based credit union to a community-based charter to serve ''all people who live, work, worship, attend school in, and businesses and other legal entities in Lehigh and Northampton County, in the Commonwealth of Pennsylvania.''
    9-18-06American Pride Credit Union
    Altoona
    Blair County
    AltoonaEffective
    Represents conversion from an occupational-based credit union to a community-based charter; the conversion will be completed by filing Articles of Amendment with the Department of State.

    Consolidations, Mergers and Absorptions

    DateName of Credit UnionLocationAction
    9-13-06Freedom Credit Union, Philadelphia, and SE Family Federal Credit Union, Philadelphia
    Surviving Institution--
    Freedom Credit Union, Philadelphia
    PhiladelphiaApproved
    9-14-06Butler Armco Employees Credit Union, Butler, and Butler County Postal Employees Federal Credit Union, Butler
    Surviving Institution--
    Butler Armco Employees Credit Union, Butler
    ButlerFiled

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    9-18-06American Pride Credit Union
    Altoona
    Blair County
    Amendment to Article XIII of the Articles of Incorporation provides for a change in the field of membership of said credit union to read as follows: ''The field of membership of this credit union will include persons who live, work, worship, attend school, perform voluntary service, or participate in associations, and businesses and other legal entities, including wholly-owned subsidiaries of businesses, located in Blair County Pennsylvania or Bedford County Pennsylvania; Members of their immediate families.''Effective

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

    VICTORIA A. REIDER,   
    Acting Secretary

    [Pa.B. Doc. No. 06-1910. Filed for public inspection September 29, 2006, 9:00 a.m.]

Document Information