49 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[38 Pa.B. 260]
[Saturday, January 12, 2008]

   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 January 1, 2008.

BANKING INSTITUTIONS

Charter Applications

Date	Name of Bank		Location	Action
12-24-07	Vantage Point Bank Fort Washington Montgomery County		1250 Virginia Drive Suite 175 Fort Washington, PA 19034	Commenced Operations

Conversions

Date	Name of Bank		Location	Action
12-28-07	Quakertown National Bank Quakertown Bucks County		15 North Third Street Quakertown, PA 18951-9005	Effective
	To: QNB Bank Quakertown Bucks County		15 North Third Street Quakertown, PA 18951-9005
	Conversion from a Federally-chartered bank to a Pennsylvania State-chartered bank. QNB Bank is a wholly-owned subsidiary of QNB Corp., Quakertown, an existing bank holding company.
	Branch offices operated by QNB Bank:
	240 South West End Boulevard Quakertown Bucks County		161 North Main Street Dublin Bucks County
	410--420 Pottstown Avenue Pennsburg Montgomery County		51 South Third Street Coopersburg Lehigh County
	607 Chestnut Street Perkasie Bucks County		750 Souderton Road Souderton Montgomery County
	901 South West End Boulevard Quakertown Bucks County

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
12-27-07	TriState Capital Bank Pittsburgh Allegheny County		Pittsburgh	Approved
	Purchase of assets/assumption of liabilities of one branch office of Sterling Bank, Mount Laurel, NJ, located at:
	101 Gaither Drive Mount Laurel Burlington County, NJ

Branch Applications

Date	Name of Bank		Location	Action
12-19-07	CNB Bank Clearfield Clearfield County		101 10th Street Erie Erie County	Opened
12-28-07	Graystone Bank Lancaster Lancaster County		1759 West Main Street Clay Township Lancaster County	Approved
12-28-07	Graystone Bank Lancaster Lancaster County		2300 East Market Street Springettsbury Township York County	Approved

Branch Relocations

Date	Name of Bank		Location	Action
12-24-07	Citizens Bank of Pennsylvania Philadelphia Philadelphia County	To:	780 South Valley Forge Road Lansdale Montgomery County	Filed
		From:	1601 South Valley Forge Road Lansdale Montgomery County

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
12-21-07	TruMark Financial Credit Union, Trevose, and Local 98 IBEW Federal Credit Union, Philadelphia Surviving Credit Union: TruMark Financial Credit Union, Trevose		Trevose	Filed
The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.

STEVEN KAPLAN,   
Acting Secretary

[Pa.B. Doc. No. 08-49. Filed for public inspection January 11, 2008, 9:00 a.m.]