DEPARTMENT OF BANKING
Actions on Applications
[39 Pa.B. 1993]
[Saturday, April 18, 2009]
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 7, 2009.
Under section 503.E of the Department of Banking Code (71 P. S. § 733-503.E), any person wishing to comment on the following applications, with the exception of branch applications, may file their comments in writing with the Department of Banking, Corporate Applications Division, 17 North Second Street, Suite 1300, Harrisburg, PA 17101-2290. Comments must be received no later than 30 days from the date notice regarding receipt of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection, by appointment only, during regular business hours. To schedule an appointment, contact the Corporate Applications Division at (717) 783-2253. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.
Holding Company Acquisitions
Date Name of Corporation Location Action 4-1-2009 Penseco Financial Services Corporation, Scranton, acquired 100% of Old Forge Bank, Old Forge Scranton Effective
Consolidations, Mergers and Absorptions
Date Name of Bank Location Action 4-1-2009 Penn Security Bank and Trust Company, Scranton, and Old Forge Bank, Old Forge
Surviving Institution: Penn Security Bank and Trust Company, Scranton
Scranton Effective All offices of Old Forge Bank will become branch offices of Penn Security Bank and Trust Company, including the former principal place of business of Old Forge Bank located at: 216 South Main Street
De Novo Branches
Date Name of Bank Location Action 3-30-2009 First Priority Bank
10 Sentry Parkway
Building 300, Suite 100
Opened 4-2-2009 Northwest Savings Bank
2113 Chili Avenue
Monroe County, NY
Approved 4-2-2009 Somerset Trust Company
1448 County Line Road
Date Name of Bank Location Action 4-2-2009 Pennsylvania Business Bank
To: 1819 John F. Kennedy Boulevard
Approved From: 1635 Market Street
4-7-2009 Citizens Bank of Pennsylvania
To: 48 West Skippack Pike
Filed From: 7004 Butler Pike
Date Name of Bank Location Action 4-2-2009 Susquehanna Bank
Into: 1950 Old Philadelphia Pike
Approved From: 2034 Lincoln Highway East
Date Name of Bank Location Action 3-31-2009 Wayne Bank
Community Charter Conversions
Date Name of Credit Union Location Action 3-31-2009 Riverset Credit Union
Pittsburgh Filed The credit union proposes to amend Article 8 of its Articles of Incorporation to serve a field of membership limited to the following community: Persons who live, work (regularly conduct business in), worship, attend school in and businesses and other legal entities in Allegheny, Beaver and Butler Counties, PA. Correction: The date of filing of the previously proposed community charter conversion by Riverset Credit Union was incorrectly stated in the previous issue of the Pennsylvania Bulletin (Volume 39, Number 15). 4-2-2009 Penn Drake Credit Union
Karns City Approved The credit union proposes to amend its Articles of Incorporation to serve a field of membership limited to the following community: Persons who live, work, worship, attend school in, and businesses and other legal entities in Butler County, in this Commonwealth.
The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.
[Pa.B. Doc. No. 09-701. Filed for public inspection April 17, 2009, 9:00 a.m.]
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