Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-11

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

DateName of CorporationLocationAction
12-16-04Abington Savings Bank
Jenkintown
Montgomery County
JenkintownEffective
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

DateName of BankLocationAction
12-16-04Abington Savings Bank
Jenkintown
Montgomery County
JenkintownEffective
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

DateName of BankLocationAction
12-16-04North Penn Bank
Scranton
Lackawanna County
Arlington Martin Subdivision
Route 115
Chestnuthill Township
Monroe County
Filed
12-17-04Stonebridge Bank
Exton
Chester County
1212 Churchville Road
Bel Air
Harford County, MD
Approved

Branch Relocations/Consolidations

DateName of BankLocationAction
10-4-04Susquehanna Bank PA
Lititz
Lancaster County
To:One East Market Street
York
York County
Effective
From:49 East Market Street
York
York County
12-13-04Susquehanna Bank PA
Lititz
Lancaster County
To:1570 Manheim Pike
Lancaster
Lancaster County
Effective
From:2006 Miller Road
East Petersburg
Lancaster County
12-17-04Northwest Savings Bank
Warren
Warren County
Into:1265 West Chestnut Street
Washington
Canton Township
Washington County
Approved
From:125 West Beau Street
Washington
Washington County
12-17-04Keystone 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

DateName of BankLocationAction
12-16-04Orrstown Bank
Shippensburg
Cumberland County
WalMart
1730 Lincoln Way East
Chambersburg
Franklin County
Filed

Articles of Amendment

DateName of BankPurposeAction
12-20-04Allegiance 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

DateName of Credit UnionLocationAction
12-15-04Atlantic Credit Union,
Newton Square, and
Citadel Federal Credit
Union, Thorndale
Surviving Institution--
Citadel Federal Credit
Union, Thorndale
Newton SquareApproved
12-20-04Franklin 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
FranklinEffective

Branch Applications

DateName of Credit UnionLocationAction
12-13-04Diamond 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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