2318 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [33 Pa.B. 5933]

       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 November 25, 2003.

    BANKING INSTITUTIONS

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    11-19-03National Penn Bancshares, Inc.,
       Boyertown, to acquire 100% of
       voting shares of HomeTowne
       Heritage Bank, Intercourse
    BoyertownApproved

    Charter Applications

    DateName of BankLocationAction
    11-19-03NPB Interim Bank
    Boyertown
    Berks County
    BoyertownApproved
    Interim bank being formed solely to facilitate the acquisition of HomeTowne Heritage Bank, Intercourse, by National Penn Bancshares, Inc., Boyertown.

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    11-19-03HomeTowne Heritage Bank,
       Intercourse, and NPB
       Interim Bank, Boyertown
       Surviving Institution--
       HomeTowne Heritage Bank,
       Intercourse
    IntercourseApproved

    Branch Applications

    DateName of BankLocationAction
    11-18-03Community Banks
    Millersburg
    Dauphin County
    201 West Chocolate Avenue
    Hershey
    Derry Township
    Dauphin County
    Filed
    11-18-03Northwest Savings Bank
    Warren
    Warren County
    1767 North Atherton Street
    State College
    Patton Township
    Centre County
    Approved
    11-18-03Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    Cinnaminson Acme
    1103 Route 130 South
    Cinnaminson
    Burlington County, NJ
    Opened
    11-21-03Beneficial Mutual
       Savings Bank
    Philadelphia
    Philadelphia County
    1574 Easton Road
    Warrington
    Bucks County
    Filed
    11-21-03Beneficial Mutual
       Savings Bank
    Philadelphia
    Philadelphia County
    2500 Aramingo Avenue
    Philadelphia
    Philadelphia County
    Filed

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    11-14-03Citizens Bank of
       Pennsylvania
    Philadelphia
    Philadelphia County
    Into:2516 Welsh Road
    Philadelphia
    Philadelphia County
    Effective
    From:2501 Welsh Road
    Philadelphia
    Philadelphia County
    (Will continue to operate
    as a drive-up facility.)
    11-20-03Royal Bank of Pennsylvania
    Narberth
    Montgomery County
    To:1230 Walnut Street
    Philadelphia
    Philadelphia County
    Filed
    From:1340 Walnut Street
    Philadelphia
    Philadelphia County

    Branch Discontinuances

    DateName of BankLocationAction
    11-18-03Mifflinburg Bank &
       Trust Company
    Mifflinburg
    Union County
    Buffalo Valley
       Lutheran Village
    211 Fairground Road
    Lewisburg
    Union County
    Approved
    11-18-03Mifflinburg Bank &
       Trust Company
    Mifflinburg
    Union County
    Riverwoods
    1 River Drive
    Lewisburg
    Union County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Articles of Amendment

    DateName of Credit UnionPurposeAction
    11-19-03Pittsburgh Teachers
       Credit Union
    Pittsburgh
    Allegheny County
    Amendment to Article 8 provides for a change in the field of membership.Approved
    and
    Effective

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 03-2318. Filed for public inspection December 5, 2003, 9:00 a.m.]

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