2027 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[33 Pa.B. 5205]

   The Department of Banking, 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 October 7, 2003.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
9-30-03	National Penn Bancshares, Inc.,    Boyertown, to acquire 100% of    voting shares of HomeTowne    Heritage Bank, Lancaster		Boyertown	Filed
10-3-03	Citizens Financial Group, Inc.,    Providence, RI, to    acquire 100% of the voting shares of    Thistle Group Holdings, Co.,    Philadelphia, PA		Providence, RI	Filed
10-4-03	Univest Corporation of    Pennsylvania, Souderton,    to acquire 100% of the    voting shares of Suburban    Community Bank, Chalfont		Souderton	Effective
	Subsequent to the previously described transaction, Suburban Community Bank will merge with and into Univest National Bank and Trust Co., Souderton, and will cease to be regulated by the Department of Banking.

New Charter Applications

Date	Name of Bank		Location	Action
10-1-03	Highview Trust Company Greensburg Westmoreland County		19 North Main Street Greensburg Westmoreland County	Commenced
	Highview Trust Company is a wholly owned subsidiary of Commercial National Financial Corporation, Latrobe.

Conversions

Date	Name of Institution		Location	Action
10-1-03	North Penn Savings and    Loan Association Scranton Lackawanna County		Scranton	Effective
	To:
	North Penn Bank Scranton Lackawanna County
	Represents conversion from State-chartered mutual savings and loan association to a State-chartered mutual savings bank.
	Branches Acquired Via Conversion:
	623 South Main Street Scranton Lackawanna County		651 Northern Boulevard Clarks Summit Lackawanna County
	334 North Ninth Street Stroudsburg Monroe County

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
9-30-03	HomeTowne Heritage Bank,    Lancaster, and NPB Interim    Bank, Boyertown    Surviving Institution--    HomeTowne Heritage Bank,    Lancaster		Lancaster	Filed
10-3-03	Citizens Bank of Pennsylvania,    Philadelphia, and Roxborough-    Manayunk Bank, Philadelphia    Surviving Institution--    Citizens Bank of Pennsylvania,    Philadelphia		Philadelphia	Filed
10-3-03	Suburban Community Bank,    Chalfont, and UNB    Acquisition National    Bank, Souderton    Surviving Institution--    Suburban Community Bank,    Chalfont		Chalfont	Effective
10-3-03	Lafayette Ambassador Bank Easton Northampton County		Easton	Approved
	Purchase of assets/assumption of liabilities of two branch offices of Premier Bank, Doylestown, Located at:
	2201 Northampton Street Easton Northampton County		1401 Easton Avenue Bethlehem Northampton County

Branch Applications

Date	Name of Bank		Location	Action
9-24-03	Bank of Hanover and    Trust Company Hanover York County		1438 Liberty Road Eldersburg Carroll County, MD	Opened

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
10-6-03	Citizens Bank of    Pennsylvania Philadelphia Philadelphia County	Into:	2516 Welsh Road Philadelphia Philadelphia County	Filed
		From:	2501 Welsh Road Philadelphia Philadelphia County

Branch Discontinuances

Date	Name of Bank		Location	Action
9-26-03	First Commonwealth Bank Indiana Indiana County		15 South Main Street Chambersburg Franklin County	Effective
9-26-03	First Commonwealth Bank Indiana Indiana County		1720 Lincoln Way East Chambersburg Franklin County	Effective

SAVINGS INSTITUTIONS

   No activity.

CREDIT UNIONS

    No activity.

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 03-2027. Filed for public inspection October 17, 2003, 9:00 a.m.]