380 Actions on applications ?  

  • Actions on Applications

    [41 Pa.B. 1209]
    [Saturday, March 5, 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 February 22, 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 (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

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    2-16-2011 PTC 450 Ltd. and its individual shareholders Approved
    Application for approval to acquire 100% of the common stock of ISP
    Parker Hunter Corp. and thereby acquire 100% of the common stock of
    The Pennsylvania Trust Company, Radnor.
    2-18-2011 Philip A. Nisbet, Anthony Giordano, Joseph A. Auteri,
    Francine Carb, Richard Eknoian, Ran Korolik,
    Richard O. Lindsey and Pamela Porter
    Approved
    Application for approval to collectively acquire up to 24.9% of the
    common stock of Colonial American Bank, Horsham.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    2-18-2011 ACNB Bank
    Gettysburg
    Adams County
    245A North Main Street
    Spring Grove
    York County
    Approved
    2-18-2011 First Keystone Community Bank
    Berwick
    Columbia County
    463 West Main Street
    Plymouth
    Luzerne County
    Approved

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    2-17-2011 ACNB Bank
    Gettysburg
    Adams County
    Into: 39 Carlisle Road
    Newville
    Cumberland County
    Approved
    From: 1 West Big Spring Avenue
    Newville
    Cumberland County

    Articles of Amendment

    Date Name and Location of Institution Action
    2-18-2011 New Century Bank
    Phoenixville
    Chester County
    Filed
    Amendment to the institution's Articles of Incorporation changes the name of the institution to ''Customers Bank,'' increases the number of authorized shares of the institution's common stock, and designates the terms of Class B Non-Voting Common Stock.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    9-7-2010 Freedom Credit Union
    Warminster
    Bucks County
    1440 Old York Road
    Abington
    Montgomery County
    Opened

     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. 11-380. Filed for public inspection March 4, 2011, 9:00 a.m.]

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