NOTICES
DEPARTMENT OF BANKING
Action on Applications
[35 Pa.B. 23]
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 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 December 21, 2004.
BANKING INSTITUTIONS
Mutual Holding Company Reorganization
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 12-16-04 | Abington Savings Bank Jenkintown Montgomery County | Jenkintown | Effective | |
| Represents reorganization into a mutual holding company to be known as Abington Mutual Holding Company, Jenkintown, PA, a newly formed Commonwealth mutual holding company, and 60% owner of Abington Community Bancorp, Inc., Jenkintown, PA, a newly formed Commonwealth stock holding company. Abington Savings Bank will be a wholly owned subsidiary of Abington Community Bancorp, Inc. | ||||
Conversions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-16-04 | Abington Savings Bank Jenkintown Montgomery County | Jenkintown | Effective | |
| Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank in conjunction with the reorganization into a mutual holding company form of ownership listed previously. | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-16-04 | North Penn Bank Scranton Lackawanna County | Arlington Martin Subdivision Route 115 Chestnuthill Township Monroe County | Filed | |
| 12-17-04 | Stonebridge Bank Exton Chester County | 1212 Churchville Road Bel Air Harford County, MD | Approved |
Branch Relocations/Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-4-04 | Susquehanna Bank PA Lititz Lancaster County | To: | One East Market Street York York County | Effective |
| From: | 49 East Market Street York York County | |||
| 12-13-04 | Susquehanna Bank PA Lititz Lancaster County | To: | 1570 Manheim Pike Lancaster Lancaster County | Effective |
| From: | 2006 Miller Road East Petersburg Lancaster County | |||
| 12-17-04 | Northwest Savings Bank Warren Warren County | Into: | 1265 West Chestnut Street Washington Canton Township Washington County | Approved |
| From: | 125 West Beau Street Washington Washington County | |||
| 12-17-04 | Keystone Nazareth Bank & Trust Company Bethlehem Northampton County | Into: | 2170 West Union Boulevard Bethlehem Lehigh County | Approved |
| From: | 1201 Airport Road Allentown Lehigh County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-16-04 | Orrstown Bank Shippensburg Cumberland County | WalMart 1730 Lincoln Way East Chambersburg Franklin County | Filed |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 12-20-04 | Allegiance Bank of North America Bala Cynwyd Montgomery County | Articles of Amendment provide for the restatement of the Articles of Incorporation in their entirety. | Approved and Effective |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 12-15-04 | Atlantic Credit Union, Newton Square, and Citadel Federal Credit Union, Thorndale Surviving Institution-- Citadel Federal Credit Union, Thorndale | Newton Square | Approved | |
| 12-20-04 | Franklin Credit Union, Franklin, and Oil Region Federal Credit Union, Oil City Surviving Institution-- Franklin Credit Union, Franklin, with a change in corporate title to Franklin-Oil Region Credit Union, Franklin | Franklin | Effective |
Branch Applications
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 12-13-04 | Diamond Credit Union Pottstown Montgomery County | 1500 Ethan Drive Wyomissing Berks County | Opened |
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 05-11. Filed for public inspection December 30, 2004, 9:00 a.m.]
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