2311 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [40 Pa.B. 6950]
    [Saturday, December 4, 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 16, 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 (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
    11-9-2010 WVS Financial Corp. Employee Stock Ownership Plan
     and Trustee Jonathan D. Hoover
    Approved
    Application for approval to acquire up to 24.9% of the common stock of WVS Financial Corp., Pittsburgh, the parent bank holding company of West View Savings Bank, Pittsburgh.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    11-4-2010 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    475 Ben Franklin Road
    South
    Indiana
    Indiana County
    Opened
    11-10-2010 First Star Bank
    Bethlehem
    Northampton County
    2415 Park Avenue
    Easton
    Northampton County
    Approved

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    11-10-2010 First Star Bank
    Bethlehem
    Northampton County
    3590 Northwood Avenue
    Palmer
    Northampton County
    Approved

    Articles of Amendment

    Date Name and Location of Institution Action
    11-12-2010 Community First Bank
    Reynoldsville
    Jefferson County
    Approved and Effective
    Articles of Amendment provide for the institution's Articles of Incorporation to be amended and restated in their entirety and also authorize the issuance of preferred stock.
    11-16-2010 Greater Delaware Valley Savings Bank
    Broomall
    Delaware County
    Filed
    Amendment to Article IX of the institution's Articles of Incorporation provides for a liquidation account for certain depositors 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. 10-2311. Filed for public inspection December 3, 2010, 9:00 a.m.]

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