NOTICES
DEPARTMENT OF BANKING
Action on Applications
[36 Pa.B. 2744]
[Saturday, June 3, 2006]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 May 23, 2006.
BANKING INSTITUTIONS
Holding Company Acquisitions
Date Name of Corporation Location Action 5-18-06 S & T Bancorp, Inc., Indiana, to acquire up to 24.99% of the outstanding shares of common stock of Allegheny Valley Bancorp, Inc., Pittsburgh, under section 112 of the Banking Code of 1965 Indiana Approved 5-18-06 Centra Financial Holdings, Inc., Morgantown, WV, to acquire up to 81.3% of the outstanding shares of common stock of Smithfield State Bank of Smithfield, Smithfield, PA, under section 112 of the Banking Code of 1965 Morgantown, WV Approved
Section 112 Applications
Date Name of Individual Location Action 5-22-06 Gelt Holdings, Inc., Southampton, PA, to acquire up to 100% of the outstanding shares of common stock of Public Finance Services, Inc., Willow Grove, PA, and thereby indirectly acquire Public Savings Bank, Willow Grove, PA, under section 112 of the Banking Code of 1965 Southampton Approved
Absorptions, Mergers and Consolidations
Date Name of Bank Location Action 5-19-06 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, MDOwings Mills, MD Effective This merger being effected solely to facilitate the merger of Maryland Permanent Bank & Trust Co. with and into Northwest Savings Bank, Warren, PA. Northwest Savings Bank, Warren, PA, and Maryland Permanent Bank & Trust Co., Owings Mills, MD
Surviving Institution--
Northwest Savings Bank, Warren, PAWarren, PA Effective Branches Acquired by Means of Merger: 9612 Reisterstown Road
Owings Mills
Baltimore County, MD7310 Ritchie Highway
Glen Burnie
Anne Arundel County, MD
Branch Applications
Date Name of Bank Location Action 5-15-06 East Penn Bank
Emmaus
Lehigh County502 State Road
Emmaus
Lehigh CountyOpened 5-18-06 CommunityBanks
Millersburg
Dauphin County1201 Carlisle Road
West Manchester Township
York CountyFiled 5-18-06 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia CountyShadyside Giant Eagle
5550 Centre Avenue
Pittsburgh
Allegheny CountyOpened
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Absorptions, Mergers and Consolidations
Date Name of Credit Union Location Action 5-22-06 White Rose Credit Union, York, and Flinchbaugh Credit Union, Red Lion
Surviving Institution--
White Rose Credit Union, YorkYork Approved 5-22-06 Incol Credit Union, Old Forge, and Wilkes-Barre Newspapers Federal Credit Union, Kingston
Surviving Institution--
Incol Credit Union, Old ForgeOld Forge Approved
Articles of Amendment
Date Name of Credit Union Purpose Action 5-23-06 PPL G.O.L.D. Credit Union
Allentown
Lehigh CountyTo amend Article 1 of the Articles of Incorporation to provide for a change in corporate title from PPL G.O.L.D. Credit Union to PPL GOLD Credit Union. Effective 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. 06-988. Filed for public inspection June 2, 2006, 9:00 a.m.]
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