2053 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [41 Pa.B. 6383]
    [Saturday, December 3, 2011]

     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 15, 2011.

     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 (717) 783-2253. 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 Acquisitions

    Date Name and Location of Applicant Action
    3-1-2011 PTC 450 Ltd. and its individual shareholders Effective
    Application for approval to acquire 100% of the common stock of ISP Parker Hunter Corp. and thereby acquire 100% of the common stock of The Pennsylvania Trust Company, Radnor.
    4-19-2011 The Snyder Group Effective
    Application for approval to acquire up to 51.0% of the common stock of NexTier, Inc., Butler, and thereby indirectly acquire up to 51.0% of NexTier Bank, National Association, Butler.
    11-10-2011 George W. Connell Revocable Trust Withdrawn
    Application for approval to acquire 100% of the common stock of Drexel Morgan & Co., Radnor, the parent financial holding company of The Haverford Trust Company, Radnor.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    11-9-2011 Hershey Trust Company
    Hershey
    Dauphin County
    Filed
    Application for approval to merge PWMG Trust Holdings, Inc., Hershey, with and into Hershey Trust Company, Hershey.

    Branch Applications

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    The following branch consolidations are in conjunction with the merger of Susquehanna Bank, Lititz, and Graystone Tower Bank, Lancaster
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 119 Nutt Road
    Phoenixville
    Chester County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster
    From: 700 Nutt Road
    Phoenixville
    Chester County
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    Into: 9 North High Street
    West Chester
    Chester County
    Filed
    From: 887 South Matlock Street
    West Chester
    Chester County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 2796 Old Post Road
    Harrisburg
    Dauphin County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 4045 Linglestown Road
    Harrisburg
    Dauphin County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 801 Norland Avenue
    Chambersburg
    Franklin County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 800 Norland Avenue
    Chambersburg
    Franklin County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 331 West Main Street
    Leola
    Lancaster County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 361 West Main Street
    Leola
    Lancaster County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 1300 West Main Street
    Ephrata
    Lancaster County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 1759 West Main Street
    Ephrata
    Lancaster County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 1570 Manheim Pike
    Lancaster
    Lancaster County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 100 Granite Run Drive
    Lancaster
    Lancaster County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 2508 Eastern Boulevard
    York
    York County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 2270 East Market Street
    York
    York County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into:1191 Eichelberger Street
    Hanover
    York County
    Filed
    Graystone Tower Bank
    Lancaster
    Lancaster County
    From: 1001 Carlisle Street
    Hanover
    York County
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    Into: 126 West Cypress Street
    Kennett Square
    Chester County
    Filed
    From: 100 Old Forge Road
    Kennett Square
    Chester County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 800 Kenhorst Plaza
    Shillington
    Berks County
    Filed
    From:2001 Museum Road
    Wyomissing
    Berks County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 2155 Atco Avenue
    Atco
    New Jersey
    Filed
    From:114 Hays Mill Road
    Atco
    New Jersey
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    Into: 9 North High Street
    West Chester
    Chester County
    Filed
    Susquehanna Bank
    Lititz
    Lancaster County
    From: 15 East Gay Street
    West Chester
    Chester County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 1676 Oregon Pike
    Lancaster
    Lancaster County
    Filed
    From: 1817 Oregon Pike
    Lancaster
    Lancaster County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 1676 Oregon Pike
    Lancaster
    Lancaster County
    Filed
    From: 129 East Orange Street
    Lancaster
    Lancaster County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 1300 West Main Street
    Ephrata
    Lancaster County
    Filed
    From: 30 West Main Street
    Ephrata
    Lancaster County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 1205 Carlisle Road
    York
    York County
    Filed
    From: 509 Greenbriar Road
    York
    York County
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Into: 10 West Main Street
    Waynesboro
    Franklin County
    Filed
    From: 634 East Main Street
    Waynesboro
    Franklin County

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    8264 Great Cove Road
    Needmore
    Fulton County
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    3840 Hempland Road
    Mountville
    Lancaster County
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    18233 Maugans Avenue
    Hagerstown
    Maryland
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    15 Freedom Boulevard
    Coatesville
    Chester County
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    1343 West Baltimore Pike
    Media
    Delaware County
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    411 North Middletown Road
    Media
    Delaware County
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    1109 East Baltimore Pike
    Kennett Square
    Delaware County
    Filed
    11-4-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    1660 East Street
    Kennett Square
    Delaware County
    Filed
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    890 East Main Street
    Ephrata
    Lancaster County
    Filed
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    530 East Ridgeville Boulevard
    Mount Airy
    Maryland
    Filed
    11-4-2011 Susquehanna Bank
    Lititz
    Lancaster County
    7 West 28th Division Highway
    Lititz
    Lancaster County
    Filed

    Articles of Amendment

    Date Name and Location of Institution Action
    11-15-2011 Colonial American Bank
    Horsham
    Montgomery County
    Approved
    and
    Effective
    Amendment to Article VII of the institution's Articles of Incorporation increases the maximum size of the Board to 16 members and reduces the terms of all of the directors to 1 year.

    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.

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 11-2053. Filed for public inspection December 2, 2011, 9:00 a.m.]

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