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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-2024

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 6139]

   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 October 25, 2005.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
10-21-05Northwest Bancorp, Inc., Warren, PA, to acquire 100% of the voting shares of Equinox Financial Corporation, Pembroke Pines, FL, under section 115 of the Banking Code of 1965Warren, PAEffective
10-20-05Application of Relational Investors, LLC, San Diego, CA, for approval to solicit proxy authority to vote more than 10% of the outstanding shares of Sovereign Bancorp, Inc., Philadelphia, PA, under section 112 of the Banking Code of 1965San Diego, CAFiled

Consolidations, Mergers and Absorptions

Date Name of BankLocationAction
10-21-05Northwest Savings Bank, Warren, PA, and Equinox Bank, F.S.B., Pembroke Pines, FL,
Surviving Institution--
Northwest Savings Bank, Warren, PA
Warren, PAEffective
Branches Acquired by Means of Merger:
1851 NW 125th Avenue, Suite 100
Pembroke Pines
Broward County, FL
2000 North Flamingo Road
Pembroke Pines
Broward County, FL
10-21-05First Commonwealth Bank, Indiana, and First Commonwealth Trust Company, Indiana
Surviving Institution--
First Commonwealth Bank, Indiana
IndianaFiled

Branch Applications

DateName of BankLocationAction
7-14-05First Commonwealth Bank
Indiana
Indiana County
Pittsburgh Mills Circle
Frazer Township
Allegheny County
Opened
10-17-05West Milton State Bank
West Milton
Union County
U. S. Route 522 and Pine Street
Beaver Springs
Spring Township
Snyder County
Opened
10-17-05People's State Bank of Wyalusing
Wyalusing
Bradford County
118 College Avenue
Factoryville
Wyoming County
Opened
10-19-05Nesquehoning Savings Bank
Nesquehoning
Carbon County
113 East Water Street
Coaldale
Schuylkill County
Approved
10-21-05Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Elmwood Plaza
791 East Route 70
Marlton
Burlington Co., NJ
Opened

Branch Relocations

DateName of BankLocationAction
10-19-05Northwest Savings Bank
Warren
Warren County
To:70 West Columbus Avenue
Corry
Erie County
Approved
From:150 North Center Street
Corry
Erie County

Branch Discontinuances

DateName of BankLocationAction
10-19-05Northwest Savings Bank
Warren
Warren County
1073 Park Avenue
Meadville
Crawford County
(Drive-Up Facility)
Approved

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Conversions to Community Charters

DateName of Credit UnionLocationAction
10-3-05Boeing Helicopters Credit Union
Ridley Park
Delaware County
Ridley ParkFiled
Prohibited
10-24-05
Application represents proposed conversion from an occupation-based
to a community charter serving Delaware County.

Articles of Amendment

DateName of Credit UnionPurposeAction
10-19-05Lee Hospital Credit Union
Johnstown
Cambria County
Amendment to Article 1 of the Articles of Incorporation provides for a change in corporate title to ''HealthCare First Credit Union.''Approved and Effective

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-2024. Filed for public inspection November 4, 2005, 9:00 a.m.]



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