2298 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[38 Pa.B. 6963]
[Saturday, December 20, 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 December 9, 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, 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

Section 112 Applications

Date	Name of Individual		Location	Action
12-9-2008	William Kronenberg, III, to acquire up to 16.67% of preferred stock of New Century Bank, Phoenixville		Phoenixville	Approved
12-9-2008	Kenneth B. and Moira F. Mumma to acquire up to 16.67% of preferred stock of New Century Bank, Phoenixville		Phoenixville	Approved
12-9-2008	John J. and Doris Sickler to acquire up to 13.33% of preferred stock of New Century Bank, Phoenixville		Phoenixville	Approved
12-9-2008	T. Lawrence Way to acquire up to 16.67% of preferred stock of New Century Bank, Phoenixville		Phoenixville	Approved

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
12-5-2008	Harleysville National Corporation, Harleysville, acquired 100% of Willow Financial Bancorp, Inc., Wayne, and thereby indirectly acquired Willow Financial Bank, Wayne, which merged with and into The Harleysville National Bank and Trust Company, Harleysville, a wholly-owned subsidiary of Harleysville National Corporation		Harleysville	Effective

Branch Applications

De Novo Branches

Date	Name of Bank		Location	Action
12-4-2008	Allegheny Valley Bank of Pittsburgh Pittsburgh Allegheny County		333 Allegheny Avenue Oakmont Allegheny County	Approved
12-4-2008	Graystone Bank Lancaster Lancaster County		2325 South Market Street Elizabethtown Lancaster County	Approved

Branch Discontinuances

Date	Name of Bank		Location	Action
12-4-2008	Mid Penn Bank Millersburg Dauphin County		3763 Peters Mountain Road Halifax Dauphin County	Approved

Articles of Amendment

Date	Name of Institution		Purpose	Action
12-4-2008	Colonial American Bank West Conshohocken Montgomery County		Amend Articles II, V, VI, VII and XII of the Articles of Incorporation	Filed
	Amendment to Article II provides for a change of the principal place of business of the institution From: 300 Conshohocken State Road, Suite 160, West Conshohocken, PA 19428 To: 300 Welsh Road, Building 4, Suite 100, Horsham, PA 19044.
	Amendment to Articles V and VI provides for the issuance of common stock and preferred stock.
	Amendment to Article VII provides for a change of the authorized number of directors From: not less than five nor more than nine To: not less than five nor more than 15.
	Amendment to Article XII clarifies provisions relating to the acquisition of voting control of the institution.
12-5-2008	DM Trust Company Philadelphia Philadelphia County		Amend the First Article of the Articles of Incorporation	Approved and Effective
	Amendment to the First Article provides for a change of the name of the institution From: ''DM Trust Company'' To: ''Everest Trust Company.''

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Branch Applications

De Novo Branches

Date	Name of Credit Union		Location	Action
12-1-2008	Glatco Credit Union Spring Grove York County		Spring Grove High School 1490 Roth's Church Road Spring Grove York County	Filed
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. 08-2298. Filed for public inspection December 19, 2008, 9:00 a.m.]