258 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [39 Pa.B. 853]
    [Saturday, February 14, 2009]

       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 February 3, 2009.

       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

    Branch Applications

    De Novo Branches

    Date Name of Bank  Location Action
    1-28-2009 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    818 Haddonfield Road
    Cherry Hill
    Camden County, NJ
    Approved

    Branch Relocations

    Date Name of Bank  Location Action
    1-28-2009 The Fidelity Deposit and
    Discount Bank
    Dunmore
    Lackawanna County
    To: Water Street and
    Kennedy Boulevard
    Pittston
    Luzerne County
    Approved
    From: 801 Wyoming Avenue
    West Pittston
    Luzerne County

    Branch Consolidations

    Date Name of Bank  Location Action
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Into: 2 West Main Street
    Mechanicsburg
    Cumberland County
    Filed
    From: Main and Filbert Streets
    Mechanicsburg
    Cumberland County
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Into: 100 South Union Street
    Middletown
    Dauphin County
    Filed
    From: 37 Brown Street
    Middletown
    Dauphin County
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Into: Frankford Avenue and
    Teesdale Street
    Philadelphia
    Philadelphia County
    Filed
    From: 7149 Frankford Avenue
    Philadelphia
    Philadelphia County
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Into: 2 East Baltimore Avenue
    Media
    Delaware County
    Filed
    From: Second and Olive Streets
    Media
    Delaware County
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Into: 160 West Eagle Road
    Havertown
    Delaware County
    Filed
    From: 1635 East Darby Road
    Havertown
    Delaware County

    Branch Discontinuances

    Date Name of Bank  Location Action
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    70 Buckwalter Road
    Royersford
    Montgomery County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    8423 Frankford Avenue
    Philadelphia
    Philadelphia County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    190 Gamma Drive
    Pittsburgh
    Allegheny County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    656 Broadway
    McKees Rocks
    Allegheny County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    5925 Sixth Avenue
    Altoona
    Blair County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    2900 East College Avenue
    State College
    Centre County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    1500 Garrett Road
    Upper Darby
    Delaware County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    5045 Township Line Road
    Drexel Hill
    Delaware County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    815 East 38th Street
    Erie
    Erie County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    270 Main Street
    Landisville
    Lancaster County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    222 West Main Street
    Collegeville
    Montgomery County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    512 Pennsylvania Avenue
    Fort Washington
    Montgomery County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    3154 SR 257
    Seneca
    Venango County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    45 East Main Street
    Dallastown
    York County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    33 West Gay Street
    West Chester
    Chester County
    Filed
    1-27-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    720 Downingtown Pike
    West Chester
    Chester County
    Filed
    1-29-2009 Firstrust Savings Bank
    Conshohocken
    Montgomery County
    405 Oxford Valley Road
    Fairless Hills
    Bucks County
    Filed

    Articles of Amendment

    Date Name of Bank  Purpose Action
    1-29-2009 Colonial American Bank
    West Conshohocken
    Montgomery County
    Amend Articles II, V, VI,
    VII and XII of the Articles
    of Incorporation
    Approved
    and
    Effective
    Amendment to Article II provides for a change of the principal place of business of the institution From: 300 Conshohocken State Road, Suite 160, West Conshohocken, PA 19428 To: 300 Welsh Road, Building 4, Suite 100, Horsham, PA 19044.
    Amendment to Articles V and VI provides for the issuance of common stock and preferred stock.
    Amendment to Article VII provides for a change of the authorized number of directors From: not less than five nor more than nine To: not less than five nor more than 15.
    Amendment to Article XII clarifies provisions relating to the acquisition of voting control of the institution.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name of Credit Union  Location Action
    1-29-2009 Alcose Credit Union, White Oak, and
    Basil Community Credit Union, Pittsburgh
    Surviving Institution: Alcose Credit Union,
    White Oak
    White Oak Filed

    Branch Applications

    De Novo Branches

    Date Name of Credit Union  Location Action
    1-30-2009 TruMark Financial Credit Union
    Trevose
    Bucks County
    1931 South Broad Street
    Philadelphia
    Philadelphia County
    Approved

       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. 09-258. Filed for public inspection February 13, 2009, 9:00 a.m.]

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