NOTICES
DEPARTMENT OF BANKING
Action on Applications
[35 Pa.B. 4093]
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 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 July 12, 2005.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 6-29-05 | Putnam, LLC, Boston, MA, to acquire in excess of 10% of the common stock of Commerce Bancorp, Inc., Cherry Hill, NJ, and thereby indirectly acquire 10% or more of the voting shares of Commerce Bank/ Pennsylvania, N. A., Philadelphia, PA, under section 112 of the Banking Code of 1965 | Boston, MA | Filed | |
| 7-7-05 | Northwest Bancorp, Inc., Warren, PA, to acquire 100% of the voting shares of Equinox Financial Corp., Pembroke Pines, FL, under section 115 of the Banking Code of 1965 | Warren, PA | Filed |
Consolidations, Mergers or Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-7-05 | Northwest Bank, Warren, PA, and Equinox Bank, FSB, Pembroke Pines, FL Surviving Institution-- Northwest Bank, Warren | Warren, PA | Filed | |
| 7-8-05 | Beneficial Mutual Savings Bank, Philadelphia, and Northwood Savings Bank, Philadelphia Surviving Institution-- Beneficial Mutual Savings Bank, Philadelphia | Philadelphia | Filed |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 4-11-05 | Royal Bank America Narberth Montgomery County | 213 Main Street Fort Lee Bergen County, NJ | Opened | |
| 6-24-05 | Northwest Savings Bank Warren Warren County | 3517 Union Road Cheektowaga Erie County, NY | Opened | |
| 6-25-05 | Integrity Bank Camp Hill Cumberland County | 440 Bridge Street New Cumberland Cumberland County | Opened | |
| 6-27-05 | Community Banks Millersburg Dauphin County | 271 Market Street Lemoyne Cumberland County | Opened | |
| 6-28-05 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Giant Eagle 3230 West Wilmington Road New Castle Lawrence County | Opened | |
| 7-6-05 | Bucks County Bank Doylestown Bucks County | 2084 Street Road Bensalem Bucks County | Approved | |
| 7-7-05 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Giant Eagle 206 Seven Fields Boulevard Seven Fields Butler County | Approved | |
| 7-8-05 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Cardinal Avenue 3rd Floor George Town Grand Cayman Cayman Islands | Approved |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 3-1-04 | Royal Bank America Narberth Montgomery County | To: | 1230 Walnut Street Philadelphia Philadelphia County | Effective |
| From: | 1340 Walnut Street Philadelphia Philadelphia County | |||
| 7-6-05 | The Fidelity Deposit and Discount Bank Dunmore Lackawanna County | To: | Corner of Green Ridge Street and Ross Avenue Scranton Lackawanna County | Approved |
| From: | Greenridge Plaza Scranton Lackawanna County | |||
| 7-6-05 | Wilmington Trust of Pennsylvania Villanova Delaware County | To: | 2003 South Easton Road Suite 204 Doylestown Bucks County | Approved |
| From: | 116 East Court Street Doylestown Bucks County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-17-05 | Lebanon Valley Farmers Bank Lebanon Lebanon County | 2 Micro Drive Jonestown Lebanon County | Effective | |
| 6-30-05 | Lafayette Ambassador Bank Easton Northampton County | 1401 Easton Avenue Bethlehem Northampton County | Effective | |
| 7-1-05 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Seven branch offices located in Butler County | Authorization Rescinded |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Conversions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 7-8-05 | Belco Community Credit Union Harrisburg Dauphin County | Harrisburg | ** | |
| Represents conversion from an occupational-based credit union to a community charter; the conversion is completed by filing Articles of Amendment with the Department of State (see the following Articles of Amendment). | ||||
| **Application became effective by Operation of Law under section 501(g) of the Credit Union Code. | ||||
Articles of Amendment
| Date | Name of Credit Union | Purpose | Action | |
|---|---|---|---|---|
| 7-8-05 | Belco Community Credit Union Harrisburg Dauphin County | Amendment to section 7 of the Articles of Incorporation provides for a change in the field of membership of the credit union to be: ''Persons who live, work, worship, attend school, and volunteer as well as businesses and other legal entities in the counties of: Adams, Cumberland, Dauphin, Lancaster, Lebanon, Perry, and York, Pennsylvania. Spouses of persons who died while within the field of membership of this credit union; employees of the credit union; members of their immediate family or households; and organizations and/or associations of such persons.'' | Effective |
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 05-1382. Filed for public inspection July 22, 2005, 9:00 a.m.]
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