2364 Actions on applications?

DEPARTMENT OF BANKING

Actions on Applications

[40 Pa.B. 7110]
[Saturday, December 11, 2010]

 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 November 23, 2010.

 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

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
11-12-2010	First Commonwealth Bank Indiana Indiana County		345 Court Street Coraopolis Allegheny County (Limited Service Facility)	Opened
11-15-2010	Northwest Savings Bank Warren Warren County		10444 US Highway 522 South Lewistown Mifflin County	Opened

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
11-12-2010	Northwest Savings Bank Warren Warren County		51 West Market Street Lewistown Mifflin County	Closed

Articles of Amendment

Date	Name and Location of Institution			Action
11-16-2010	Public Savings Bank Huntingdon Valley Montgomery County			Filed
	Amendment to Article III of the institution's Articles of Incorporation increases the total number of shares of all capital stock which the institution shall have the authority to issue from 4,000,000 shares to 12,000,000 shares of capital stock by: (i) increasing the number of shares of voting common stock from 3,000,000 shares to 5,000,000 shares, having no par value per share; (ii) creating a new class of capital stock consisting of 5,000,000 shares of non-voting common stock with no par value; and (iii) increasing the shares of preferred stock from 1,000,000 shares to 2,000,000 shares of preferred stock, having such par value or no par value as may be determined by the Board of Trustees of the institution.

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.

STEVEN KAPLAN, 
Secretary

[Pa.B. Doc. No. 10-2364. Filed for public inspection December 10, 2010, 9:00 a.m.]