252 Actions on applications?

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 855]
[Saturday, February 12, 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 January 25, 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 [phone]. 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

Conversions

Date	Name and Location of Applicant			Action
1-25-2011	From: Cambria County Federal Savings and Loan Association Cresson Cambria County			Approved
	To: Cresson Community Bank Cresson Cambria County
	Application for approval to convert from a Federally-chartered mutual savings association to a Pennsylvania state-chartered mutual savings bank.

Section 112 Acquisitions

Date	Name and Location of Applicant			Action
1-20-2011	James Wang			Approved
	Application for approval to acquire up to 44.0% of the common stock of Asian Financial Corporation, Philadelphia, the parent bank holding company of Asian Bank, Philadelphia.

Holding Company Acquisitions

Date	Name and Location of Applicant			Action
1-18-2011	Alliance Bancorp, Inc. of Pennsylvania Broomall Delaware County			Effective
	Acquisition of 100% of Greater Delaware Valley Savings Bank (doing business as Alliance Bank), Broomall.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
12-16-2010	Penn Liberty Bank Wayne Chester County		654 West Lincoln Highway Exton Chester County	Opened
1-20-2011	First Keystone Community Bank Berwick Columbia County		463 West Main Street Plymouth Luzerne County	Filed
1-20-2011	Susquehanna Bank Lititz Lancaster County		203 International Drive Hunt Valley Baltimore County, MD	Approved

Branch Relocations

Date	Name and Location of Applicant		Location of Branch	Action
1-13-2011	Citizens Bank of Pennsylvania Philadelphia Philadelphia County	To:	1671 Butler Plank Road Glenshaw Allegheny County	Effective
		From:	1700 William Flynn Parkway Glenshaw Allegheny County

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
1-20-2011	New Century Bank Phoenixville Chester County		457 Haddonfield Road Suite 100 Cherry Hill Camden County, NJ	Approved
1-20-2011	VIST Bank Wyomissing Berks County		190 East DeKalb Pike King of Prussia Montgomery County	Approved
1-21-2011	Northwest Savings Bank Warren Warren County		117 North Allegheny Street Bellefonte Centre County	Filed

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers, and Absorptions

Date	Name and Location of Applicant			Action
1-25-2011	Freedom Credit Union Warminster Bucks County			Filed
	Application for approval to merge Salem Federal Credit Union, Jenkintown, with and into Freedom Credit Union, Warminster.

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

PAUL WENTZEL, 
Acting Secretary

[Pa.B. Doc. No. 11-252. Filed for public inspection February 11, 2011, 9:00 a.m.]