1692 Actions on applications?

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 5163]
[Saturday, October 1, 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 September 13, 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 [phone]. 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

Conversions

Date	Name and Location of Applicant			Action
9-12-2011	From: William Penn Bank, FSB Levittown Bucks County			Filed
	To: William Penn Bank Levittown Bucks County
	Application for approval to convert from a Federal stock savings bank to State-chartered stock savings bank.

Holding Company Acquisitions

Date	Name and Location of Applicant			Action
9-12-2011	Customers Bancorp, Inc. Phoenixville Chester County			Approved
	Application for approval to acquire 100% of Berkshire Bancorp, Inc., Wyomissing and thereby indirectly acquire 100% of Berkshire Bank, Wyomissing.

Consolidations, Mergers, and Absorptions

Date	Name and Location of Applicant			Action
9-12-2011	Customers Bank Phoenixville Chester County			Approved
	Approval to merge Customers Bank, Phoenixville, with and into New Century Interim Bank, Phoenixville, with a change in corporate title to Customers Bank. The merger will facilitate the proposed reorganization of Customers Bank into a bank holding company structure whereby Customers Bank will become the wholly-owned subsidiary of Customers Bancorp, Inc., a new holding company in formation.
9-12-2011	Customers Bank Phoenixville Chester County			Approved
	Application for approval to merge Berkshire Bank, Wyomissing, with and into Customers Bank, Phoenixville.

Branch Applications

Branch Relocations

Date	Name and Location of Applicant		Location of Branch	Action
9-13-2011	Northwest Savings Bank Warren Warren County	To:	2200 South Atherton Drive State College Centre County	Filed
		From:	611 University Drive State College Centre College

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
9-6-2011	Northwest Savings Bank Warren Warren County		104 North Centre Street Pottsville Schuylkill County	Approved

Articles of Amendment

Date	Name and Location of Institution			Action
9-13-2011	Marion Center Bank Marion Center Indiana County			Approved and Effective
	Amend and Restate the Bank's Articles of Incorporation and thereby change the principal place of business from Main Street, Marion Center, Indiana County, Pennsylvania to 1271 Indian Springs Road, Indiana County, Indiana, Pennsylvania. The Bank would also like to amend the previous Articles of Conversion into the format of Amended and restated Articles of Incorporation.

SAVINGS 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.

GLENN E. MOYER, 
Secretary

[Pa.B. Doc. No. 11-1692. Filed for public inspection September 30, 2011, 9:00 a.m.]