1887 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [38 Pa.B. 5763]
    [Saturday, October 18, 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 October 7, 2008.

       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 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 during regular business hours. 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

    Holding Company Acquisitions

    Date Name of Corporation Location Action
    9-30-2008 Emclaire Financial Corp., Emlenton, to acquire Elk County Savings and Loan Association, Ridgway, which will be merged with and into The Farmers National Bank of Emlenton, Emlenton, a wholly-owned subsidiary of Emclaire Financial Corp.EmlentonApproved
    10-1-2008Riverview Financial Corporation (In Organization), Halifax, to acquire 100% of First Perry Bancorp, Inc., Marysville, and its subsidiary The First National Bank of Marysville, Marysville, and HNB Bancorp, Inc., Halifax, and its subsidiary Halifax National Bank, HalifaxHalifaxFiled

    Branch Applications

    De Novo Branches

    Date Name of BankLocationAction
    9-23-2008 First Priority Bank
    Malvern
    Chester County
    10 Sentry Parkway
    Suite 100
    Blue Bell
    Montgomery County
    Filed
    9-26-2008The Muncy Bank and Trust Company
    Muncy
    Lycoming County
    4880 SR 44
    Dewart
    Northumberland County
    Filed
    9-30-2008 Affinity Bank of Pennsylvania
    Wyomissing
    Berks County
    4541 Perkiomen Avenue
    Exeter
    Berks County
    Approved
    9-30-2008Firstrust Savings Bank
    Conshohocken
    Montgomery County
    2nd Street Pike and
    Almshouse Road
    Richboro
    Bucks County
    Authorization Surrendered

    Branch Discontinuances

    Date Name of Bank LocationAction
    9-23-2008Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    5700 North Broad Street
    Philadelphia
    Philadelphia County
    Filed
    10-1-2008 Susquehanna Bank DV
    Bryn Mawr
    Montgomery County
    3600 Fairview Street
    Routes 22 and 512
    Bethlehem
    Northampton County
    Approved

    Articles of Amendment

    Date Name of Bank PurposeAction
    9-26-2008 Penn Liberty Bank
    Wayne
    Delaware County
    Amendment to Section 2 of the Articles of Incorporation changes the principal place of business of the institution From: 353 West Lancaster Avenue, Suite 300, Wayne, PA To: Devon Square One, 724 West Lancaster Avenue, Wayne, PAFiled

    SAVINGS INSTITUTIONS

    Conversions

    DateName of AssociationLocation Action
    9-30-2008 Elk County Savings and Loan Association
    Ridgway
    Elk County
    RidgwayApproved
    Conversion from a State-chartered mutual savings association to a State-chartered stock savings association in conjunction with the proposed merger of Elk County Savings and Loan Association, Ridgway, with and into Farmers National Bank of Emlenton, Emlenton.

    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. 08-1887. Filed for public inspection October 17, 2008, 9:00 a.m.]

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