NOTICES
DEPARTMENT OF BANKING
Action on Applications
[35 Pa.B. 373]
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 4, 2005.
BANKING INSTITUTIONS
Mutual Holding Company Reorganization
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-3-05 | Prudential Savings Bank Philadelphia Philadelphia County | Philadelphia | Approved | |
| Represents reorganization into a mutual holding company to be known as Prudential Mutual Holding Company. | ||||
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 12-31-04 | Parkvale Financial Corporation, Monroeville, PA, to acquire 100% of the voting shares of Advance Financial Bancorp, Wellsburg, WV | Monroeville, PA | Effective |
Conversions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-3-05 | Prudential Savings Bank Philadelphia Philadelphia County | Philadelphia | Approved | |
| 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. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-27-04 | Northwest Savings Bank, Warren, PA, and Jamestown Savings Bank, Jamestown, NY Surviving Institution--Northwest Savings Bank, Warren, PA. | Warren, PA | Filed | |
| 12-31-04 | Commercial Bank of Pennsylvania, Latrobe, and Highview Trust Company, Greensburg Surviving Institution--Commercial Bank of Pennsylvania, with a change in corporate title to Commercial Bank & Trust of PA. | Latrobe | Effective | |
| 12-31-04 | Parkvale Savings Bank, Monroeville, PA, and Advance Financial Savings Bank, Wellsburg, WV Surviving Institution--Parkvale Savings Bank, Monroeville, PA. | Monroeville, PA | Effective | |
| Branches Acquired by means of Merger: | ||||
| 435 Main Street Bridgeport Belmont County, OH | ||||
| 4000 Central Avenue Shadyside Belmont County, OH | ||||
| 1409 Main Street Follansbee Brooke County, OH | ||||
| 1015 Commerce Street Wellsburg Brooke County, OH | ||||
| 125 Dunbar Avenue Steubenville Jefferson County, OH | ||||
| 4420 Sunset Boulevard Steubenville Jefferson County, OH | ||||
| 805 Main Street Wintersville Jefferson County, OH | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-27-04 | The Muncy Bank and Trust Company Muncy Lycoming County | 900 North Loyalsock Avenue Montoursville Lycoming County | Opened | |
| 12-27-04 | S & T Bank Indiana Indiana County | R. R. 6, Box 98, Route 30 Latrobe Westmoreland County | Filed | |
| 12-27-04 | Iron and Glass Bank Pittsburgh Allegheny County | Three Park Manor Drive Robinson Township Allegheny County | Opened | |
| 12-27-04 | Royal Bank America Narberth Montgomery County | 6331 Castor Avenue Philadelphia Philadelphia County | Opened | |
| 12-17-04 | Stonebridge Bank Exton Chester County | 1212 Churchville Road Bel Air Harford County, MD | Opened | |
| 12-30-04 | Penn Liberty Bank Wayne Delaware County | 649 West Germantown Pike Plymouth Meeting Montgomery County | Approved | |
| 12-30-04 | CSB Bank Curwensville Clearfield County | BILO Supermarket Route 255 (Million Dollar Highway) St. Marys Elk County | Filed |
Branch Relocations/Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-28-04 | Irwin Bank & Trust Company Irwin Westmoreland County | Into: | 4580 Broadway Boulevard Monroeville Allegheny County | Approved |
| From: | 4548 Broadway Boulevard Monroeville Allegheny County | |||
| 12-30-04 | Susquehanna Bank PA Lititz Lancaster County | Into: | 1635 Lititz Pike Lancaster Manheim Township Lancaster County | Filed |
| From: | 1700A Fruitville Pike Lancaster Manheim Township Lancaster County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-30-04 | Irwin Bank & Trust Company Irwin Westmoreland County | 512 Broadway Pitcairn Allegheny County | Approved | |
| 1-3-05 | Mid Penn Bank Millersburg Dauphin County | 9 East Main Street Tremont Schuylkill County | Filed |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 12-31-04 | Highview Trust Company Greensburg Westmoreland County | Article III of the Articles of Incorporation is amended and restated in its entirety to indicate that the sole purpose of the institution shall be to merge with Commercial Bank of Pennsylvania, a Pennsylvania chartered bank and trust company; and to amend and restate Article IV of the Articles of Incorporation to indicate that the institution is incorporated as a bank and trust company under the Banking Code of 1965, as amended. | Approved and Effective |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Conversions to Community Charter
| Date | Name of Credit Union | Location | Action | |
| 1-3-05 | Fairless Credit Union Morrisville Bucks County | Morrisville | Approved | |
| Conversion from occupational to community charter will result in an amendment to the credit union's Articles of Incorporation, Article 8, to read: The membership of the Credit Union will be limited to persons who live, work, worship, or attend school in, and businesses and other legal entities located in Bucks County. | ||||
| 1-3-05 | St. Basil Parish Credit Union Pittsburgh Allegheny County | Pittsburgh | Approved | |
| Conversion from associational to community charter will result in amendments to the credit union's Articles of Incorporation, Article 1, to reflect a change in corporate title to Basil Community Credit Union; and Article 8, to extend the field of membership of the credit union to include individuals who live, work, worship and/or gather regularly with the described following areas: The neighborhoods of Beechview (15216), Brookline (15226), Overbrook (15210) and Banksville (15220) within the City of Pittsburgh; the Municipality of Mt. Lebanon (15228 and 15234); the Township of Upper St. Clair (15241); the Boroughs of Brentwood (15227), Baldwin (15236), Castle Shannon (15234), Dormont (15216), Bethel Park (15102), Bridgeville (15017), Carnegie (15106), Crafton (15205) and Greentree (15242). | ||||
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 05-94. Filed for public inspection January 14, 2005, 9:00 a.m.]
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