2455 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 6430]

       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 December 16, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    12-12-03National Penn Bancshares, Inc.,
       Boyertown, to acquire 100% of the
       voting shares of HomeTowne
       Heritage Bank, Lancaster
    BoyertownEffective

    Charter Applications

    DateName of BankLocationAction
    12-12-03NPB Interim Bank
    Boyertown
    Berks County
    BoyertownEffective
    Interim bank being formed solely to facilitate the acquisition of HomeTowne Heritage Bank, Lancaster, by National Penn Bancshares, Inc., Boyertown.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    12-12-03HomeTowne Heritage Bank,
       Lancaster, and NPB Interim Bank,
       Boyertown
       Surviving Institution--HomeTowne
       Heritage Bank, Lancaster
    LancasterEffective
    12-15-03National Penn Bank, Boyertown, and
       HomeTowne Heritage Bank,
       Lancaster
       Surviving Institution--National
       Penn Bank, Boyertown
    BoyertownEffective

    Branch Applications

    DateName of BankLocationAction
    12-8-03Landmark Community Bank
    Pittston
    Luzerne County
    1320 Wyoming Avenue
    Forty Fort
    Luzerne County
    Opened
    12-9-03Community Bank and Trust Company
    Clarks Summit
    Lackawanna County
    Route 611
    Tannersville
    Pocono Township
    Monroe County
    Opened

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Conversions

    DateName of Credit UnionLocationAction
    12-10-03St. Basil Parish Credit Union
    Pittsburgh
    Allegheny County
    PittsburghFiled
    Application represents a request to convert to a community chartered credit union to include a field of membership beyond the parishioners of St. Basil Parish.

    Change in Place of Business

    DateName of Credit UnionLocationAction
    12-10-03Erie Community Credit Union
    Erie
    Erie County
    Change in Place of Business filed with the Department of State to provide for address change From: 135 East 6th Street; To: 1129 State Street, both locations in Erie, Erie CountyApproved and Effective

    A. WILLIAM SCHENCK, III   
    Secretary

    [Pa.B. Doc. No. 03-2455. Filed for public inspection December 26, 2003, 9:00 a.m.]

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