645 Actions of applications  

  • Actions on Applications

    [40 Pa.B. 1932]
    [Saturday, April 10, 2010]

     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 30, 2010.

     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

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    3-26-2010 Drexel Morgan & Co. Holdings
    Radnor
    Delaware County
    Approved
    Application for approval to acquire 100% of The Haverford Trust Company, Radnor.

    Branch Applications

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    3-25-2010 Northwest Savings Bank
    Warren
    Warren County
    5850 Meridian Road
    Gibsonia
    Allegheny County
    Filed

    Articles of Amendment

    Date Name and Location of Institution Action
    3-24-2010 Susquehanna Bank
    Lititz
    Lancaster County
    Approved and Effective
    Amendment to the Fifth Article of the institution's Articles of Incorporation authorizes the issuance of common stock and preferred stock.

    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. 10-645. Filed for public inspection April 9, 2010, 9:00 a.m.]

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