NOTICES
DEPARTMENT OF BANKING
Action on Applications
[36 Pa.B. 4617]
[Saturday, August 19, 2006]
[Saturday, August 19, 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 August 1, 2006.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 7-27-06 | First Commonwealth Financial Corporation, Indiana, to acquire 100% of Laurel Capital Group, Inc., Allison Park | Indiana | Approved |
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-25-06 | Hometown Bank of Pennsylvania Bedford Bedford County | Bedford | Filed | |
| Correspondent: | ||||
| David R. Payne, Esq. Stevens & Lee P. O. Box 62330 King of Prussia, PA 19406 | ||||
| 7-28-06 | Conestoga Bank Chester Springs Chester County | 165 Pottstown Pike Chester Springs Chester County | Commenced Operations | |
| Conestoga Bank is a wholly owned banking subsidiary of Conestoga Bancorp, Inc., Chester Springs, a new bank holding company. The bank is also a member of the Federal Reserve Board. | ||||
Interim Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-26-06 | Graystone Interim Bank Lancaster Lancaster County | Lancaster | Approved | |
| Graystone Interim Bank is being formed solely to facilitate the acquisition of Graystone Bank by Graystone Financial Corp., which is being formed as part of the bank's reorganization into a bank holding company structure. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-27-06 | First Commonwealth Bank, Indiana, and Laurel Savings Bank, Allison Park Surviving Institution-- First Commonwealth Bank, Indiana | Indiana | Approved | |
| 7-27-06 | Graystone Interim Bank, Lancaster, and Graystone Bank, Lancaster Surviving Institution-- Graystone Interim Bank, Lancaster | Lancaster | Filed | |
| The merger application is being filed in connection with Graystone Bank's proposed reorganization into a bank holding company structure. | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-31-06 | Community First Bank Reynoldsville Jefferson County | 120 Indiana Street Punxsutawney Jefferson County | Approved | |
| 7-31-06 | Keystone Nazareth Bank & Trust Co. Bethlehem Northampton County | 2400 Schoenersville Road Bethlehem Northampton County | Approved | |
| 7-31-06 | Northwest Savings Bank Warren Warren County | 605 East DuBois Avenue DuBois Clearfield County | Approved | |
| 7-31-06 | Northwest Savings Bank Warren Warren County | Warren Commons Shopping Center Routes 62 and 69 Conewango Township Warren County | Approved | |
| 7-31-06 | Fulton Bank Lancaster Lancaster County | 2009-2017 North Atherton Street State College Patton Township Centre County | Approved |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 8-1-06 | Fulton Bank Lancaster Lancaster County | To: | Route 10 Lower Oxford Township Chester County | Filed |
| From: | 18 South 3rd Street Oxford Chester County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-31-06 | First Commonwealth Bank Indiana Indiana County | Logan Valley Mall West Plank Road Altoona Logan Township Blair County (Drive-Up Facility) | Approved |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Branch Relocations
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 7-31-06 | Franklin-Oil Region Credit Union Franklin Venango County | To: | 102 State Street Oil City Venango County | Approved |
| From: | 101 State Street Oil City Venango County | Approved |
The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 06-1611. Filed for public inspection August 18, 2006, 9:00 a.m.]
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