448 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 1464]
[Saturday, March 19, 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 March 1, 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

Section 112 Acquisitions

Date	Name and Location of Applicant			Action
2-25-2011	Kieran Goodwin			Filed
	Application for approval to acquire up to 35.3% of the common stock of Colonial American Bank, Horsham.
2-25-2011	The Snyder Group			Filed
	Application for approval to acquire up to 51.0% of the common stock of NexTier, Inc., Butler.

Holding Company Acquisitions

Date	Name and Location of Applicant			Action
2-24-2011	Northwest Bancshares, Inc. Warren Warren County			Approval Rescinded
	Application for approval to acquire 100% of NexTier, Inc., Butler, and thereby indirectly acquire 100% of NexTier Bank, National Association, Butler.

Consolidations, Mergers, and Absorptions

Date	Name and Location of Applicant			Action
2-24-2011	Northwest Savings Bank Warren Warren County			Approval Rescinded
	Application for approval to merge NexTier Bank, National Association, Butler, with and into Northwest Savings Bank, Warren.

Branch Applications

Branch Relocations

Date	Name and Location of Applicant		Location of Branch	Action
2-23-2011	Royal Asian Bank Philadelphia Philadelphia County	To:	449 Broad Avenue Palisades Park Bergen County, NJ	Filed
		From:	232 Broad Avenue Palisades Park Bergen County, NJ
2-23-2011	Royal Asian Bank Philadelphia Philadelphia County	To:	154-04 Northern Boulevard Flushing Queens County, NY	Filed
		From:	136-52 39th Avenue Flushing Queens County, NY

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
2-15-2011	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		Cinnaminson Acme 1103 Route 130 South Cinnaminson Burlington County, NJ	Closed
2-15-2011	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		Moorestown Acme 350 Young Avenue Moorestown Burlington County, NJ	Closed
2-16-2011	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		Limerick Acme 31 West Ridge Pike Limerick Montgomery County	Closed
2-18-2011	Reliance Savings Bank Altoona Blair County		1824 South Atherton Street State College Centre County	Filed
2-18-2011	Royal Asian Bank Philadelphia Philadelphia County		7001 West Chester Pike Upper Darby Delaware County	Filed

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.

PAUL WENTZEL, 
Acting Secretary

[Pa.B. Doc. No. 11-448. Filed for public inspection March 18, 2011, 9:00 a.m.]