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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-235

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 741]

   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 25, 2005.

BANKING INSTITUTIONS

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
1-21-05Susquehanna Bank PA, Lititz, First Susquehanna Bank & Trust, Sunbury, and WNB Bank, Williamsport
Surviving Institution--
Susquehanna Bank PA, Lititz
LititzEffective
Note:  Farmers First Bank, Lititz, changed its corporate title to Susquehanna Bank PA, through the filing of Articles of Amendment, effective November 5, 2004. The three merger components are all subsidiary banks of Susquehanna Bancshares, Inc. All branch offices will become branches of Susquehanna Bank PA, including the former main offices of First Susquehanna Bank & Trust, Sunbury, and WNB Bank, Williamsport, as follows:
Branches Obtained by Means of Merger:
400 Market Street
Sunbury
Northumberland County
329 Pine Street
Williamsport
Lycoming County

Branch Applications

DateName of BankLocationAction
1-18-05Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
12360 Academy Road
Philadelphia
Philadelphia County
Opened
1-20-05Northwest Savings Bank
Warren
Warren County
1767 North Atherton Street
State College
Patton Township
Centre County
Opened

Branch Relocations

Date Name of BankLocationAction
1-18-05Fulton Bank
Lancaster
Lancaster County
To:2100 Van Reed Road
West Lawn
Berks County
Effective
From:2101 State Hill Road
Wyomissing
Berks County
1-18-05Mercer County State Bank
Sandy Lake
Mercer County
To:16411 Conneaut Lake Road
Meadville
Crawford County
Effective
From:16881 Conneaut Lake Road
Meadville
Crawford County

Branch Discontinuances

Date Name of BankLocationAction
1-20-05Community Bank & Trust Co.
Clarks Summit
Lackawanna County
97 College Avenue
Factoryville
Wyoming County
Approved

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Conversion to Community Charter

DateName of Credit UnionLocationAction
1-21-05Freedom Credit Union
Philadelphia
Philadelphia County
PhiladelphiaApproved
Represents conversion from an occupational-based to a community-based credit union which will be accomplished by amending Article 8 of the credit union's Articles of Incorporation to extend the field of membership of the credit union to include persons who live, work, worship, perform volunteer services, attend school, and businesses and other legal entities located in the Counties of Philadelphia, Bucks, Chester, Delaware and Montgomery in Pennsylvania, subject to a requirement that prior to establishing an initial branch in either Delaware or Chester County, and as part of the branch approval process, the credit union provide additional support regarding the feasibility and financial impact of the branching activity.

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-235. Filed for public inspection February 4, 2005, 9:00 a.m.]



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