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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-94

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 373]

   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 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending January 4, 2005.

BANKING INSTITUTIONS

Mutual Holding Company Reorganization

DateName of BankLocationAction
1-3-05Prudential Savings Bank
Philadelphia
Philadelphia County
PhiladelphiaApproved
Represents reorganization into a mutual holding company to be known as Prudential Mutual Holding Company.

Holding Company Acquisitions

DateName of CorporationLocationAction
12-31-04Parkvale Financial Corporation, Monroeville, PA, to acquire 100% of the voting shares of Advance Financial Bancorp, Wellsburg, WVMonroeville, PAEffective

Conversions

DateName of BankLocationAction
1-3-05Prudential Savings Bank
Philadelphia
Philadelphia County
PhiladelphiaApproved
Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank in conjunction with the reorganization into a mutual holding company form of ownership listed previously.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
12-27-04Northwest Savings Bank, Warren, PA, and Jamestown Savings Bank, Jamestown, NY
Surviving Institution--Northwest Savings Bank, Warren, PA.
Warren, PAFiled
12-31-04Commercial Bank of Pennsylvania, Latrobe, and Highview Trust Company, Greensburg
Surviving Institution--Commercial Bank of Pennsylvania, with a change in corporate title to Commercial Bank & Trust of PA.
LatrobeEffective
12-31-04Parkvale Savings Bank, Monroeville, PA, and Advance Financial Savings Bank, Wellsburg, WV
Surviving Institution--Parkvale Savings Bank, Monroeville, PA.
Monroeville, PAEffective
Branches Acquired by means of Merger:
435 Main Street
Bridgeport
Belmont County, OH
4000 Central Avenue
Shadyside
Belmont County, OH
1409 Main Street
Follansbee
Brooke County, OH
1015 Commerce Street
Wellsburg
Brooke County, OH
125 Dunbar Avenue
Steubenville
Jefferson County, OH
4420 Sunset Boulevard
Steubenville
Jefferson County, OH
805 Main Street
Wintersville
Jefferson County, OH

Branch Applications

DateName of BankLocationAction
12-27-04The Muncy Bank and Trust Company
Muncy
Lycoming County
900 North Loyalsock Avenue
Montoursville
Lycoming County
Opened
12-27-04S & T Bank
Indiana
Indiana County
R. R. 6, Box 98, Route 30
Latrobe
Westmoreland County
Filed
12-27-04Iron and Glass Bank
Pittsburgh
Allegheny County
Three Park Manor Drive
Robinson Township
Allegheny County
Opened
12-27-04Royal Bank America
Narberth
Montgomery County
6331 Castor Avenue
Philadelphia
Philadelphia County
Opened
12-17-04Stonebridge Bank
Exton
Chester County
1212 Churchville Road
Bel Air
Harford County, MD
Opened
12-30-04Penn Liberty Bank
Wayne
Delaware County
649 West Germantown Pike
Plymouth Meeting
Montgomery County
Approved
12-30-04CSB Bank
Curwensville
Clearfield County
BILO Supermarket
Route 255
(Million Dollar Highway)
St. Marys
Elk County
Filed

Branch Relocations/Consolidations

DateName of BankLocationAction
12-28-04Irwin Bank & Trust Company
Irwin
Westmoreland County
Into:4580 Broadway Boulevard
Monroeville
Allegheny County
Approved
From:4548 Broadway Boulevard
Monroeville
Allegheny County
12-30-04Susquehanna Bank PA
Lititz
Lancaster County
Into:1635 Lititz Pike
Lancaster
Manheim Township
Lancaster County
Filed
From:1700A Fruitville Pike
Lancaster
Manheim Township
Lancaster County

Branch Discontinuances

DateName of BankLocationAction
12-30-04Irwin Bank & Trust Company
Irwin
Westmoreland County
512 Broadway
Pitcairn
Allegheny County
Approved
1-3-05Mid Penn Bank
Millersburg
Dauphin County
9 East Main Street
Tremont
Schuylkill County
Filed

Articles of Amendment

DateName of BankPurposeAction
12-31-04Highview Trust Company
Greensburg
Westmoreland County
Article III of the Articles of Incorporation is amended and restated in its entirety to indicate that the sole purpose of the institution shall be to merge with Commercial Bank of Pennsylvania, a Pennsylvania chartered bank and trust company; and to amend and restate Article IV of the Articles of Incorporation to indicate that the institution is incorporated as a bank and trust company under the Banking Code of 1965, as amended.Approved and Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Conversions to Community Charter

DateName of Credit UnionLocationAction
1-3-05Fairless Credit Union
Morrisville
Bucks County
MorrisvilleApproved
Conversion from occupational to community charter will result in an amendment to the credit union's Articles of Incorporation, Article 8, to read: The membership of the Credit Union will be limited to persons who live, work, worship, or attend school in, and businesses and other legal entities located in Bucks County.
1-3-05St. Basil Parish Credit Union
Pittsburgh
Allegheny County
PittsburghApproved
Conversion from associational to community charter will result in amendments to the credit union's Articles of Incorporation, Article 1, to reflect a change in corporate title to Basil Community Credit Union; and Article 8, to extend the field of membership of the credit union to include individuals who live, work, worship and/or gather regularly with the described following areas: The neighborhoods of Beechview (15216), Brookline (15226), Overbrook (15210) and Banksville (15220) within the City of Pittsburgh; the Municipality of Mt. Lebanon (15228 and 15234); the Township of Upper St. Clair (15241); the Boroughs of Brentwood (15227), Baldwin (15236), Castle Shannon (15234), Dormont (15216), Bethel Park (15102), Bridgeville (15017), Carnegie (15106), Crafton (15205) and Greentree (15242).

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-94. Filed for public inspection January 14, 2005, 9:00 a.m.]



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