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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 06-490

NOTICES

Action on Applications

[36 Pa.B. 1405]

   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 March 14, 2006.

BANKING INSTITUTIONS

Charters

DateName of BankLocationAction
3-8-06Northwest Merger Subsidiary II, Inc.
Warren
Warren County
WarrenApproved
Northwest Merger Subsidiary II, Inc. (Subsidiary II) is being formed solely to facilitate the merger of Maryland Permanent Bank & Trust Company (Maryland) with and into Northwest Savings Bank. Subsidiary II will merge with and into Maryland and its corporate existence will cease to exist.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
3-8-06Northwest Savings Bank, Warren, PA, and Maryland Permanent Bank & Trust Company, Owings Mills, MD
Surviving Institution--
Northwest Savings Bank
WarrenApproved

Branch Applications

DateName of BankLocationAction
3-1-06Citizens & Northern Bank
Wellsboro
Tioga County
1510 Dewey Avenue
Williamsport
Lycoming County
Opened
3-2-06Pocono Community Bank
Stroudsburg
Monroe County
Route 209
Brodheadsville
Monroe County
Opened
3-9-06York Traditions Bank
York
York County
2305 Susquehanna Trail North
York
Manchester Township
York County
Approved
3-9-06Allegiance Bank of North America
Bala Cynwyd
Montgomery County
2960 Skippack Pike
Lansdale
Montgomery County
Approved
3-9-06Embassy Bank for the Lehigh Valley
Bethlehem
Northampton County
Trexlertown Marketplace
Intersection of Hamilton Boulevard and Mill Creek Road
Allentown
Lower Macungie Township
Lehigh County
Approved
3-9-06Allegheny Valley Bank of Pittsburgh
Pittsburgh
Allegheny County
333 Allegheny Avenue
Oakmont
Allegheny County
Approved
3-9-06Fulton Bank
Lancaster
Lancaster County
116-118 West Market Street
West Chester
Chester County
Approved

Branch Relocations/Consolidations

DateName of BankLocationAction
3-9-06Northwest Savings Bank
Warren
Warren County
To:100 Market Place Drive
Edinboro
Washington Township
Erie County
Approved
From:108 Washington Towne Boulevard
Edinboro
Washington Township
Erie County
3-9-06Fidelity Savings Bank
Pittsburgh
Allegheny County
To:100 Broadway Street
Carnegie
Allegheny County
Approved
From:17 West Main Street
Carnegie
Allegheny County
3-10-06Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Into:3835 Peach Street
Erie
Erie County
Filed
From:1520 West 26th Street
Erie
Erie County
3-10-06Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Into:815 East 38th Street
Erie
Erie County
Filed
From:1702 East 38th Street
Erie
Erie County

Branch Discontinuances

DateName of BankLocationAction
3-3-06CSB Bank
Curwensville
Clearfield County
BILO Supermarket
Route 255 (Million Dollar Highway)
St. Marys
Elk County
Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Charter Conversions

DateName of Credit UnionLocationAction
3-13-06K of C Federal Credit Union
Philadelphia
Philadelphia County
PhiladelphiaApproved
To:
K of C Credit Union
Philadelphia
Philadelphia County
Application represents conversion from a Federally-chartered associational-based credit union to a State-chartered community-based credit union; said conversion will be accomplished by filing Articles of Conversion with the Department of State which will include but not be limited to: the proposed name of the converted credit union and its new field of membership which will include persons who live, work, worship, perform volunteer service, attend school, and businesses and other legal entities located in the Counties of Philadelphia, Bucks, Delaware and Montgomery in this Commonwealth.
3-14-06Diamond Credit Union
Pottstown
Montgomery County
PottstownApproved
Application represents conversion from an occupational-based credit union to a community-based charter; said conversion will be accomplished by filing Articles of Amendment with the Department of State which will reflect an amendment to Article IV, section 7 of the credit union's Articles of Conversion to extend the field of membership of the credit union to include ''. . . persons who live, work, worship, regularly conduct business, or attend school in Berks County, Collegeville Borough, Douglass Township, East Coventry Township, East Greenville Borough, East Nantmeal Township, East Vincent Township, Green Lane Borough, Limerick Township, Lower Frederick Township, Lower Pottsgrove Township, Marlborough Township, New Hanover Township, North Coventry Township, Pennsburg Borough, Perkiomen Township, Pottstown Borough, Red HillBorough, Royersford Borough, Schwenksville Borough, Skippack Township, South Coventry Township, Spring City Borough, Trappe Borough, Upper Frederick Township, Upper Hanover Township, Upper Pottsgrove Township, Upper Providence Township, Warwick Township, West Pottsgrove Township, and West Vincent Township, Pennsylvania.''

Consolidations, Mergers and Absorptions

DateName of Credit UnionLocationAction
3-8-06Greater Greensburg Industrial Credit Union, Greensburg, and Westmoreland Community Federal Credit Union, Greensburg
Surviving Institution--
Westmoreland Community Federal Credit Union, Greensburg
GreensburgApproved
3-14-06Freedom Credit Union, Philadelphia, and The Church of the Redeemer Federal Credit Union, Philadelphia
Surviving Institution--
Freedom Credit Union, Philadelphia
PhiladelphiaApproved

   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. 06-490. Filed for public inspection March 24, 2006, 9:00 a.m.]



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