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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 06-660

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[36 Pa.B. 1906]

   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 April 11, 2006.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
4-5-06Orrstown Financial Services, Inc., Shippensburg, to acquire 100% of the voting shares of The First National Bank of Newport, NewportShippensburgApproved
4-6-06Franklin Financial Services Corporation, Chambersburg, to acquire 100% of voting shares of Fulton Bancshares Corporation, McConnellsburgChambersburgFiled

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
4-6-06Farmers and Merchants Trust Company of Chambersburg and Fulton County National Bank and Trust Company, McConnellsburg
Surviving Institution--
Farmers and Merchants Trust Company of Chambersburg
ChambersburgFiled

Branch Applications

DateName of BankLocationAction
3-22-06Orrstown Bank
Shippensburg
Cumberland County
201 South Cleveland Avenue
Hagerstown
Washington County, MD
Opened
4-3-06Abington Savings Bank
Jenkintown
Montgomery County
1111 East Road
Warrington
Bucks County
Opened
4-11-06Abington Savings Bank
Jenkintown
Montgomery County
Maris Grove
Retirement Community
100 Maris Grove Way
Glen Mills
Delaware County
(Limited Service Facility)
Filed

Branch Relocations

DateName of BankLocationAction
3-25-06Beneficial Mutual
Savings Bank
Philadelphia
Philadelphia County
To:1200 West Township
Line Road
Havertown
Delaware County
Effective
From:1230 Township Line Road
Drexel Hill
Delaware County

Branch Discontinuances

DateName of BankLocationAction
3-30-06Citizens Bank of
Pennsylvania
Philadelphia
Philadelphia County
3890 Bigelow Boulevard
Pittsburgh
Allegheny County
(Limited Service Facility)
Effective
3-31-06Citizens Bank of
Pennsylvania
Philadelphia
Philadelphia County
392 Franklin Avenue
Aliquippa
Beaver County
Effective
3-31-06Citizens Bank of
Pennsylvania
Philadelphia
Philadelphia County
1122 Seventh Avenue
Beaver Falls
Beaver County
Effective
3-31-06Citizens Bank of
Pennsylvania
Philadelphia
Philadelphia County
419 N. 7th Street
Altoona
Blair County
Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

   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. 06-660. Filed for public inspection April 21, 2006, 9:00 a.m.]



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