Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 06-1756

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[36 Pa.B. 5702]
[Saturday, September 9, 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 August 29, 2006.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
8-28-06First Commonwealth Financial Corporation, Indiana, to acquire 100% of the voting shares of Laurel Capital Group, Inc., Allison ParkIndianaEffective

New Charter Applications

DateName of BankLocationAction
8-25-06MileStone Bank
Doylestown
Bucks County
DoylestownFiled
Correspondent:
Gregory E. Grim, Esq.
Grim, Biehn & Thatcher
P. O. Box 215
Perkasie, PA 18944-0215

Interim Charter Applications

DateName of BankLocationAction
8-25-06Centra Bank-Smithfield
Smithfield
Fayette County
SmithfieldEffective
Represents formation of interim charter solely to facilitate the acquisition of Smithfield State Bank of Smithfield, PA, by Centra Financial Holding, Inc., Morgantown, West Virginia.

CONSOLIDATIONS, MERGERS AND ABSORPTIONS

DateName of BankLocationAction
8-21-06Orrstown Bank
Shippensburg
Cumberland County
ShippensburgFiled
Purchase of assets/assumption of liabilities of one branch office of Omega Bank, State College
Located at:
1110 East Simpson Street
Mechanicsburg
Cumberland County
8-25-06Smithfield State Bank of Smithfield, Pa., and Centra Bank-Smithfield, Smithfield
Surviving Institution--
Smithfield State Bank of
Smithfield, Pa.
SmithfieldEffective
The subject merger will result in the acquisition of Smithfield State Bank of Smithfield, Pa., Smithfield, PA by CENTRA FINANCIAL HOLDINGS, INC., Morgantown, WV, a West Virginia corporation and parent company of Centra Bank, Morgantown, WV.
8-28-06First Commonwealth Bank, Indiana and Laurel Savings Bank, Allison Park
Surviving Institution--
First Commonwealth Bank, Indiana
IndianaEffective
As a result of the merger, all branch offices of Laurel Savings Bank will become branch offices of First Commonwealth Bank, including the former main office located at:
2724 Harts Run Road
Allison Park
Allegheny County

Branch Applications

DateName of BankLocationAction
7-27-06Northwest Savings Bank
Warren
Warren County
2600 Old Washington Road
Upper St. Clair Township
Allegheny County
Opened
8-21-06Stonebridge Bank
Exton
Chester County
319 East Street Road
Warminster
Bucks County
Filed

Branch Relocations

DateName of BankLocationAction
8-23-06Northwest Savings Bank
Warren
Warren County
To:535 Smithfield Street
Pittsburgh
Allegheny County
Approved
From:300 Sixth Avenue
Pittsburgh
Allegheny County

Branch Discontinuances

DateName of BankLocationAction
8-21-06Stonebridge Bank
Exton
Chester County
408 Lakeside Drive
Southampton
Bucks County
Filed

SAVINGS INSTITUTIONS

Branch Applications

DateName of AssociationLocationAction
8-23-06ESSA Bank & Trust
Stroudsburg
Monroe County
Tannersville Plaza
Route 611
Tannersville
Pocono Township
Monroe County
Approved

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. 06-1756. Filed for public inspection September 8, 2006, 2006, 9:00 a.m.]



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