DEPARTMENT OF BANKING Actions on Applications [41 Pa.B. 617]
[Saturday, January 29, 2011]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 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 11, 2011.
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.
BANKING INSTITUTIONS Section 112 Acquisitions Date Name and Location of Applicant Action 1-7-2011 Warburg Pincus Private Equity X, LP and Warburg Pincus X Partners, LP
New York, NY
Approved and Effective Application for approval to acquire up to 19.7% of the common stock of National Penn Bancshares, Inc., Boyertown, Pennsylvania, the parent bank holding company of National Penn Bank, Boyertown, Pennsylvania, and Christiana Bank & Trust Company, Greenville, Delaware. Branch Applications Branch Consolidations Date Name and Location of Applicant Location of Branch Action 1-3-2011 Susquehanna Bank
Lititz
Lancaster County
Into: 1300 West Main Street
Ephrata
Lancaster County
Effective From: 1001 Sharp Avenue
Ephrata
Lancaster CountySAVINGS INSTITUTIONS No activity. CREDIT UNIONS No activity. The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.
STEVEN KAPLAN,
Secretary[Pa.B. Doc. No. 11-145. Filed for public inspection January 28, 2011, 9:00 a.m.]
