2414 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [36 Pa.B. 7466]
    [Saturday, December 9, 2006]

       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 November 28, 2006.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of BankLocationAction
    11-21-06Hyperion Bank
    Philadelphia
    Philadelphia County
    1201 North 2nd Street
    Philadelphia
    Philadelphia County
    Commenced Operations
    11-22-06Hometown Bank of Pennsylvania
    Bedford
    Bedford County
    500 E. Pitt Street
    Bedford
    Bedford County
    Approved

    Holding Company Acquisitions

    DateName of CorporationLocationAction
    11-27-06EHPW Acquisition Company, Harrisburg, to acquire 100% of the common stock of Vartan Financial Corporation, and thereby indirectly Vartan National Bank, HarrisburgHarrisburgFiled

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    11-20-06Reliance Savings Bank
    Altoona
    Blair County
    AltoonaEffective
    Purchase of assets/assumption of liabilities of two branch offices of Susquehanna Bank, Hagerstown, MD
    Located at:
    1254 Old Route 220 North
    Duncansville
    Blair County
    3119 Pleasant Valley Boulevard
    Altoona
    Blair County

    Branch Applications

    DateName of BankLocationAction
    11-20-06United Savings Bank
    Philadelphia
    Philadelphia County
    35 East Baltimore Pike
    Media
    Delaware County
    Opened

    Branch Relocations

    DateName of BankLocationAction
    11-20-06Fulton Bank
    Lancaster
    Lancaster County
    To:1423 South Market Street
    Mechanicsburg
    Upper Allen Township
    Cumberland County
    Effective
    From:360 Cumberland Parkway
    Mechanicsburg
    Upper Allen Township
    Cumberland County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

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

    VICTORIA A. REIDER,   
    Acting Secretary

    [Pa.B. Doc. No. 06-2414. Filed for public inspection December 8, 2006, 9:00 a.m.]

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