NOTICES
Action on Applications
[33 Pa.B. 636]
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 January 21, 2003.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 1-17-03 | Citizens Financial Group, Inc., Providence, RI, to acquire 100% of the voting shares of Commonwealth Bancorp, Inc., Norristown, PA | Providence, RI | Effective |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-17-03 | Clearfield Interim Bank & Trust Company Clearfield Clearfield County | Clearfield | Approved | |
| 1-17-03 | East Penn Interim Bank Emmaus Lehigh County | Emmaus | Filed |
Conversions
| Date | Name of Institution | Location | Action | |
|---|---|---|---|---|
| 1-10-03 | Ambler Savings and Loan Association Ambler Montgomery County | Ambler | Filed | |
| To: | ||||
| Ambler Savings Bank Ambler Montgomery County | ||||
| Represents conversion from a State-chartered mutual savings association to a State-chartered mutual savings bank. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-17-03 | Citizens Bank of Pennsylvania, Philadelphia, and Commonwealth Bank, Norristown Surviving Institution--Citizens Bank of Pennsylvania, Philadelphia | Philadelphia | Effective | |
| All branch offices, including the former main office, of Commonwealth Bank will become branch offices of Citizens Bank of Pennsylvania. | ||||
| Former Main Office: | ||||
| 2 West Lafayette Street Norristown Montgomery County | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-22-02 | Royal Bank of Pennsylvania Narberth Montgomery County | 1650 Grant Avenue Philadelphia Philadelphia County | Opened | |
| 1-6-03 | Northwest Savings Bank Warren Warren County | 355 Biddle Street Kane McKean County (Drive-Up Facility) | Opened | |
| 1-9-03 | Northwest Savings Bank Warren Warren County | 3140 Cape Horn Road Red Lion York County | Opened | |
| 1-13-03 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | 37-41 Brown Street Middletown Dauphin County (Drive-Up Facility) | Opened |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-6-03 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | To: | 4110 Brownsville Rd. Pittsburgh Allegheny County | Effective |
| From: | 4148 Brownsville Rd. Pittsburgh Allegheny County | |||
| 1-6-03 | Community Bank and Trust Company Clarks Summit Lackawanna County | To: | 60 Main Street Clifford Susquehanna County | Effective |
| From: | Route 106 Clifford Susquehanna County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-15-03 | Bank of Hanover and Trust Company Hanover York County | 951 York Street Hanover York County | Filed |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| Note: Addendum to Weekly Summary No. 1, for week ending January 7, 2003: | ||||
| Subsequent to the merger of GTE Erie Federal Credit union (GTE) with and into Erie Insurance Exchange Credit Union (Survivor), the Survivor changed its corporate title to ''Erie Community Credit Union.'' In addition, the former main office of GTE became a branch office of Survivor as follows: | ||||
| 916 French Street Erie Erie County | ||||
Articles of Amendment
| Date | Name of Credit Union | Purpose | Action | |
|---|---|---|---|---|
| 1-17-03 | Knoll Employees Credit Union East Greenville Montgomery County | Amendment to Article 8 provides for a change in the field of membership. | Approved and Effective |
PAUL H. WENTZEL, Jr.
Acting Secretary
[Pa.B. Doc. No. 03-167. Filed for public inspection January 31, 2003, 9:00 a.m.]
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