518 Actions and applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [39 Pa.B. 1395]
    [Saturday, March 21, 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 March 10, 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

    Charter Applications

    Date Name of Bank Location Action
    3-9-2009 e3bank
    Malvern
    Chester County
    MalvernApproved

    Interim Charter Applications

    Date Name of Bank Location Action
    3-6-2009 Affinity Interim Bank
    Wyomissing
    Berks County
    WyomissingFiled
    Application filed in conjunction with the proposed reorganization of Affinity Bank of Pennsylvania, Wyomissing, into a bank holding company structure whereby Affinity Bank of Pennsylvania will become the wholly-owned subsidiary of Affinity Bancorp, a new holding company in formation.

    Conversions

    Date Name of Bank Location Action
    3-3-2009 From: Centric Bank,
    National Association
    Harrisburg
    Dauphin County
    HarrisburgEffective
    To: Centric Bank
    4320 Linglestown Road
    Harrisburg, PA 17112
    Dauphin County
    Conversion from a National banking association to a Pennsylvania State-chartered bank. Centric Bank is a wholly-owned subsidiary of Centric Financial Corporation, Harrisburg, an existing bank holding company.
    Branch offices operated by Centric Bank:
    10 North Progress Avenue
    Harrisburg
    Dauphin County
    6480 Carlisle Pike
    Mechanicsburg
    Cumberland County

    Holding Company Acquisitions

    Date Name of Corporation Location Action
    3-5-2009 Penseco Financial Services Corporation, Scranton, to acquire 100% of Old Forge Bank, Old ForgeScrantonApproved
    3-6-2009 Chemung Financial Corporation, Elmira, NY, to acquire 100% of Canton Bancorp, Inc., Canton, and thereby indirectly acquire Bank of Canton, Canton, which will subsequently merge with and into Chemung Canal Trust Company, Elmira, NY, a wholly-owned subsidiary of Chemung Financial CorporationElmira, NYFiled

    Consolidations, Mergers and Absorptions

    Date Name of Bank LocationAction
    3-5-2009 Penn Security Bank and Trust Company, Scranton, and Old Forge Bank, Old Forge
    Surviving Institution: Penn Security Bank and Trust Company, Scranton
    ScrantonApproved

    Branch Applications

    De Novo Branches

    Date Name of Bank Location Action
    3-2-2009 First Commonwealth Bank
    Indiana
    Indiana County
    520 Butler Crossings
    Butler
    Butler County
    Opened
    3-4-2009 Northwest Savings Bank
    Warren
    Warren County
    2113 Chili Avenue
    Gates
    Monroe County, NY
    Filed
    3-6-2009 VIST Bank
    Wyomissing
    Berks County
    The Heritage of Green Hills
    200 Tranquility Lane
    Reading
    Berks County
    (Limited Service Facility)
    Approved

    Branch Relocations

    Date Name of Bank LocationAction
    3-2-2009 First Commonwealth Bank
    Indiana
    Indiana County
    To:8291 SR 22
    New Alexandria
    Westmoreland County
    Effective
    From: 412 West Main Street
    New Alexandria
    Westmoreland County
    3-2-2009 Susquehanna Bank
    Lititz
    Lancaster County
    To:110 Kings Highway
    Haddonfield
    Camden County, NJ
    Effective
    From: 30 Kings Highway East
    Haddonfield
    Camden County, NJ

    Branch Consolidations

    Date Name of Bank Location Action
    2-26-2009 Susquehanna Bank
    Lititz
    Lancaster County
    Into:1950 Old Philadelphia Pike
    Lancaster
    Lancaster County
    Filed
    From:2034 Lincoln Highway East
    Lancaster
    Lancaster County
    3-6-2009 Jersey Shore State Bank
    Jersey Shore
    Lycoming County
    Into:2050 North Atherton Street
    State College
    Centre County
    Approved
    From: 1665 North Atherton Place
    State College
    Centre County

    Branch Discontinuances

    Date Name of Bank Location Action
    3-6-2009 Firstrust Savings Bank
    Conshohocken
    Montgomery County
    405 Oxford Valley Road
    Fairless Hills
    Bucks County
    Approved

    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. 09-518. Filed for public inspection March 20, 2009, 9:00 a.m.]

Document Information