No statutes or acts will be found at this website.
The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governor’s Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules.
• No statutes or acts will be found at this website.
The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governor’s Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules.
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 December 27, 2005.
BANKING INSTITUTIONS
Holding Company Acquisitions
Date
Name of Corporation
Location
Action
12-19-05
Application of Relational Investors, LLC, San Diego, CA, to solicit and act as proxy for more than 10% of the outstanding shares of common stock of Sovereign Bancorp, Inc., Philadelphia, PA, under the provisions of section 112 of the Banking Code of 1965
San Diego, CA
Approved
Consolidations, Mergers and Absorptions
Date
Name of Bank
Location
Action
12-2-05
Fulton Bank Lancaster Lancaster County
Lancaster
Effective
Purchase of assets/assumption of liabilities of one branch of Susquehanna Bank PA, Lititz
Located at:
2305 Susquehanna Trail North York York County
The subject branch was immediately consolidated into an existing branch of Fulton Bank located at 3183 Susquehanna Trail, York, York County.
12-19-05
Affinity Bank of Pennsylvania Wyomissing Berks County
Wyomissing
Effective
Purchase of assets/assumption of liabilities of one branch of Susquehanna Patriot Bank, Marlton, NJ
Located at:
3101 Shillington Road Sinking Spring Berks County
12-20-05
Maryland Permanent Bank & Trust Co., Owings Mills, MD, and Northwest Merger Subsidiary II, Inc., Warren, PA Surviving Institution--Maryland Permanent Bank & Trust Co., Owings Mills, MD
Owings Mills, MD
Filed
12-20-05
Northwest Savings Bank, Warren, PA, and Maryland Permanent Bank & Trust Co., Owings Mills, MD Surviving Institution--Northwest Savings Bank, Warren PA
Warren, PA
Filed
12-21-05
First Commonwealth Bank, Indiana, and First Commonwealth Trust Company, Indiana; First Commonwealth Systems Corporation; and First Commonwealth Professional Resources, Inc. Surviving Institution--First Commonwealth Bank, Indiana
Indiana
Approved
All of the merger proponents are wholly-owned subsidiaries of First Commonwealth Financial Corporation, Indiana, a bank holding company.
Branch Applications
Date
Name of Bank
Location
Action
12-22-05
Northwest Savings Bank Warren Warren County
36 West Main Street Rochester Monroe County, NY
Filed
Branch Relocations/Consolidations
Date
Name of Bank
Location
Action
12-21-05
Citizens Bank of Pennsylvania Philadelphia Philadelphia County
Into:
2015 Cottman Avenue Philadelphia Philadelphia County
Filed
From:
7935 Bustleton Avenue Philadelphia Philadelphia County
Branch Discontinuances
Date
Name of Bank
Location
Action
12-21-05
Citizens Bank of Pennsylvania Philadelphia Philadelphia County
Application to discontinue four branch offices at the following locations:
Filed
3890 Bigelow Boulevard Pittsburgh Allegheny County
1122 Seventh Avenue Beaver Falls Beaver County
392 Franklin Avenue Aliquippa Beaver County
419 North 7th Street Altoona Blair County
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Conversions
Date
Name of Credit Union
Location
Action
12-20-05
Corry Jamestown Credit Union Corry Erie County
Corry
Approved
Represents conversion from an occupational-based credit union to a community charter; said conversion will be completed by filing Articles of Amendment with the Department of State which will amend Article 8 of the Articles of Incorporation by extending 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 area which constitutes the Corry Area School District.
Consolidations, Mergers and Absorptions
Date
Name of Credit Union
Location
Action
12-20-05
Tri-County Area Federal Credit Union, Pottstown, and KCC Credit Union, Boyertown Surviving Institution--Tri-County Area Federal Credit Union, Pottstown
Pottstown
Approved
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 06-21. Filed for public inspection January 6, 2006, 9:00 a.m.]
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