319 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[38 Pa.B. 979]
[Saturday, February 23, 2008]

   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 12, 2008.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
2-1-2008	National Penn Bancshares, Inc., Boyertown, acquired 100% of KNBT Bancorp, Inc., Bethlehem, and thereby indirectly acquired Keystone Nazareth Bank & Trust Company, Bethlehem, which, effective 2-2-2008, merged with and into National Penn Bank, Boyertown, a wholly-owned subsidiary of National Penn Bancshares, Inc.		Boyertown	Effective

Section 112 Applications

Date	Name of Corporation		Location	Action
2-1-2008	Susquehanna Bancshares, Inc., Lititz, to acquire 100% of Stratton Holding Company, Plymouth Meeting, and thereby indirectly acquire Stratton Management Company, Plymouth Meeting, and Semper Trust Company, Plymouth Meeting		Lititz	Filed

Branch Applications

Date	Name of Bank		Location	Action
2-7-2008	Susquehanna Bank DV Bryn Mawr Montgomery County		One Market Street Camden Camden County, NJ	Filed

Branch Relocations

Date	Name of Bank		Location	Action
2-7-2008	Susquehanna Bank DV Bryn Mawr Montgomery County	To:	110 Kings Highway Haddonfield Camden County, NJ	Filed
		From:	30 Kings Highway East Haddonfield Camden County, NJ

Branch Discontinuances

Date	Name of Bank		Location	Action
2-6-2008	Peoples State Bank of Wyalusing Wyalusing Bradford County		75 Front Street New Albany Bradford County	Filed

Articles of Amendment

Date	Name of Bank		Purpose	Action
2-8-2008	Asian Bank Philadelphia Philadelphia County		Amendment to Second Article of the Articles of Incorporation provides for a change of the principal place of business of the institution	Approved and Effective
		From:	1008 Arch Street, Philadelphia, Philadelphia County, PA 19107
		To:	913 Arch Street, Philadelphia, Philadelphia County, PA 19107

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

   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. 08-319. Filed for public inspection February 22, 2008, 9:00 a.m.]