447 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[38 Pa.B. 1254]
[Saturday, March 15, 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 March 4, 2008.

BANKING INSTITUTIONS

Charter Applications

Date	Name of Bank		Location	Action
2-22-2008	Monument Bank Doylestown Bucks County		573 North Main Street Doylestown, PA 18901	Commenced Operations

Section 112 Applications

Date	Name of Corporation		Location	Action
3-4-2008	Black River Bancventure, Inc., Memphis, TN, to acquire up to 15.0% of Allegiance Bank of North America, Bala Cynwyd, PA		Memphis, TN	Approved
3-4-2008	Toronto-Dominion Bank, Toronto, Canada, and its subsidiaries TD US P & C Holdings ULC, Calgary, Canada, Cardinal Top Co., New York, NY, and Cardinal Intermediate Co., New York, NY, to acquire up to 14.6% of Pennsylvania Commerce Bancorp, Inc., Harrisburg, PA, and thereby indirectly acquire an interest in Commerce Bank/Harrisburg, National Association, Harrisburg, PA		Toronto, Canada	Approved

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
2-29-2008	First Priority Financial Corp., Malvern, to acquire 100% of Prestige Community Bank, Newtown		Malvern	Effective
3-4-2008	Toronto-Dominion Bank, Toronto, Canada, and its subsidiaries TD US P & C Holdings ULC, Calgary, Canada, Cardinal Top Co., New York, NY, and Cardinal Intermediate Co., New York, NY, to acquire 100% of Commerce Bancorp, Inc., Cherry Hill, NJ, and thereby indirectly acquire Commerce Bank, National Association, Philadelphia, PA		Toronto, Canada	Approved

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
2-29-2008	First Priority Bank, Malvern, and Prestige Community Bank, Newtown Surviving Institution: First Priority Bank, Malvern		Malvern	Effective
	As a result of the merger, all branch offices of Prestige Community Bank have become branch offices of First Priority Bank, including the former main office located at:
	104 Pheasant Run Newtown Bucks County

Branch Applications

Date	Name of Bank		Location	Action
2-26-2008	Peoples State Bank of Wyalusing Wyalusing Bradford County		Colonial Drive and Edward Road North Towanda Township Bradford County	Filed
2-28-2008	First Commonwealth Bank Indiana Indiana County		Cranberry Promenade Route 19 North Cranberry Township Butler County	Filed
2-28-2008	First Commonwealth Bank Indiana Indiana County		Butler Crossing Route 356 Butler Butler County	Filed
3-3-2008	CNB Bank Clearfield Clearfield County		5739 Buffalo Road Erie Erie County	Filed

Branch Consolidations

Date	Name of Bank		Location	Action
2-25-2008	AmeriServ Financial Bank Johnstown Cambria County	Into:	179 Lovell Avenue Ebensburg Cambria County	Effective
		From:	104 South Center Street Ebensburg Cambria County

Articles of Amendment

Date	Name of Bank		Purpose	Action
3-3-2008	Leesport Bank Wyomissing Berks County		Amendment to Article 1 of the Articles of Incorporation provides for a change of the name of the institution from ''Leesport Bank'' to ''VIST Bank.''	Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
2-29-2008	TruMark Financial Credit Union, Trevose, and Local 98 IBEW Federal Credit Union, Philadelphia Surviving Credit Union: TruMark Financial Credit Union, Trevose		Trevose	Effective
3-1-2008	Pennsylvania State Employees Credit Union, Harrisburg, and Rite Aid Employees Credit Union, Camp Hill Surviving Credit Union: Pennsylvania State Employees Credit Union, Harrisburg		Harrisburg	Effective

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

STEVEN KAPLAN,   
Sectretary

[Pa.B. Doc. No. 08-447. Filed for public inspection March 14, 2008, 9:00 a.m.]