2357 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[37 Pa.B. 6760]
[Saturday, December 22, 2007]

   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 11, 2007.

BANKING INSTITUTIONS

Conversions

Date	Name of Bank		Location	Action
12-7-07	Quakertown National Bank Quakertown Bucks County		Quakertown	Approved
	To:
	QNB Bank Quakertown Bucks County
	Application for conversion from a Federally-chartered bank to a Pennsylvania State-chartered bank.

Section 112 Applications

Date	Name of Individual		Location	Action
12-7-07	Steven D. Hovde to acquire up to 13.4% of the common shares of Bucks County Bank, Doylestown.		Barrington, IL	Approved

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
12-11-07	Fulton Bank, Lancaster, PA, and Resource Bank, Virginia Beach, VA Surviving Institution-- Fulton Bank, Lancaster, PA		Lancaster	Approved

Branch Applications

Date	Name of Bank		Location	Action
11-26-07	Parkvale Savings Bank Monroeville Allegheny County		681 Clairton Boulevard Pittsburgh Allegheny County	Opened

Branch Relocations

Date	Name of Bank		Location	Action
12-3-07	Citizens Bank of Pennsylvania Philadelphia Philadelphia County	To:	6052 Ridge Avenue Philadelphia Philadelphia County	Effective
		From:	6060 Ridge Avenue Philadelphia Philadelphia County

Branch Discontinuances

Date	Name of Bank		Location	Action
12-5-07	Reliance Savings Bank Altoona Blair County		3119 Pleasant Valley Boulevard Altoona Blair County	Filed

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Branch Applications

Date	Name of Credit Union		Location	Action
12-3-07	Diamond Credit Union Pottstown Montgomery County		6581--6591 West Perkiomen Avenue Exeter Township Berks County	Filed

Articles of Amendment

Date	Name of Credit Union		Purpose	Action
12-3-07	Pittsburgh Teachers Credit Union Pittsburgh Allegheny County		Amendment to the 1st and 8th Articles of the Articles of Incorporation	Filed
	Amendment to the 1st Article of the Articles of Incorporation provides for a change in the name of the credit union to ''Riverset Credit Union''; Amendment to the 8th Article of the Articles of Incorporation provides for a change in the field of membership of the credit union to read as follows: ''Membership in Riverset Credit Union is open to employees and retired employees of the Pittsburgh Board of Education, Pittsburgh Mount Oliver Intermediate Unit, and this credit union; members of the immediate family or household of existing credit union members; spouses of deceased credit union members; occupational or associational groups as provided by law and with prior written approval of the Department of Banking; persons who live in the area of Pittsburgh, PA known as the South Side, bounded by the Ohio and Monongahela Rivers on the north beginning at the West End Bridge, running east to Becks Run Road on the south, Wagner Avenue, Mountain Avenue, Spring Street, Arlington Avenue and West Carson Street on the west, ending at the West End Bridge; persons who regularly work, worship, go to school, perform volunteer services, or participate in associations headquartered in the above area; persons participating in programs to alleviate poverty or distress which are located in the above area; incorporated and unincorporated organizations located in the above area or maintaining a facility in the above area.''

   The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.

STEVEN KAPLAN,   
Secretary

[Pa.B. Doc. No. 07-2357. Filed for public inspection December 21, 2007, 9:00 a.m.]