285 Actions on applications?  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [42 Pa.B. 937]
    [Saturday, February 18, 2012]

     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 31, 2012.

     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

    Conversions

    Date Name and Location of Applicant Action
    1-25-2012 From: William Penn Bank, FSB
    Levittown
    Bucks County
    Effective
    To: William Penn Bank
    Levittown
    Bucks County
    Conversion from a federal stock savings bank to a Pennsylvania state-chartered stock savings bank. William Penn Bank is a wholly-owned subsidiary of William Penn Bancorp, Inc. (#5028536), Levittown, an existing bank holding company.
    Branch offices operated by William Penn Bank:
    1309 South Woodbourne
    Levittown
    Bucks County
    400 West Trenton Avenue
    Morrisville
    Bucks County
    911 Second Street Pike
    Richboro
    Bucks County
    1-30-2012 From: Third Federal Bank
    Newtown
    Bucks County
    Effective
    To: 3rd Fed Bank
    Newtown
    Bucks County
    Conversion from a Federal stock savings bank to a Pennsylvania state-chartered stock savings bank. 3rd Fed Bank is a wholly-owned subsidiary of T F Financial Corporation (#5028537), Newtown, an existing bank holding company.
    Branch offices operated by 3rd Fed Bank:
    834 North Easton Road
    Doylestown
    Bucks County
    60 North Main Street
    Doylestown
    Bucks County
    1201 Buck Road
    Feasterville
    Bucks County
    600 Town Center
    New Britain
    Bucks County
    950 Newtown Yarldey Road
    Newtown
    Bucks County
    2601 Orthodox Street
    Philadelphia
    Philadelphia County
    2330 East York Street
    Philadelphia
    Philadelphia County
    4625 Frankford Avenue
    Philadelphia
    Philadelphia County
    136 West Girard Avenue
    Philadelphia
    Philadelphia County
    6633 Roosevelt Boulevard
    Philadelphia
    Philadelphia County
    905 North 2nd Street
    Philadelphia
    Philadelphia County
    12051 Knights Road
    Philadelphia
    Philadelphia County
    2075 Pennington Road
    Ewing
    Mercer County, NJ
    1850 Highway 33
    Hamilton Square
    Mercer County, NJ

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    1-30-2012 S & T Bank
    Indiana
    Indiana County
    Approved
    Application for approval to merge Mainline National Bank, Portage, with and into S & T Bank, Indiana.

    Branch Applications

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    11-29-2011 Citizens Bank of PA
    Philadelphia
    Philadelphia County
    Into: Lawrence Park Shopping Center
    Broomall
    Delaware County
    Approved
    From: 1991 Sproul Road
    Broomall
    Delaware County
    11-29-2011 Citizens Bank of PA
    Philadelphia
    Philadelphia County
    Into: Bethlehem Pike and East Mill Road
    Flourtown
    Montgomery County
    Approved
    From: 1461 Bethlehem Pike
    Flourtown
    Montgomery County

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    9-23-2011 S & T Bank
    Indiana
    Indiana County
    420 Pleasantview Drive
    Ford City
    Armstrong County
    Closed
    1-27-2012 VIST Bank
    Wyomissing
    Berks County
    564 Lancaster Avenue
    Berwyn
    Chester County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    1-24-2012 Freedom Credit Union
    Warminster
    Bucks County
    Filed
    Application for approval to merge Crestmont Baptist Federal Credit Union, Willow Grove, 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.

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 12-285. Filed for public inspection February 17, 2012, 9:00 a.m.]

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