654 Actions on applications ?

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 2006]
[Saturday, April 16, 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 29, 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
3-22-2011	Edward S. Crooks Brian D. Selby			Filed
	Application for approval to collectively acquire up to 84.0% of the voting shares of Counsel Trust Company, York.

Holding Company Acquisitions

Date	Name and Location of Applicant			Action
3-24-2011	e3holdings, inc. Malvern Chester County			Approved
	Application for approval to acquire 100% of American Eagle Savings Bank, Boothwyn.
3-24-2011	Norwood Financial Corp. Honesdale Wayne County			Approved
	Application for approval to acquire 100% of North Penn Bancorp, Inc., Scranton, and thereby indirectly acquire 100% of North Penn Bank, Scranton.

Consolidations, Mergers, and Absorptions

Date	Name and Location of Applicant			Action
3-24-2011	Wayne Bank Honesdale Wayne County			Approved
	Application for approval to merge North Penn Bank, Scranton, with and into Wayne Bank, Honesdale.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
3-21-2011	Northwest Savings Bank Warren Warren County		1441 Monroe Avenue Brighton Monroe County, NY	Filed
3-22-2011	Somerset Trust Company Somerset Somerset County		2095 Quaker Valley Road Fishertown Bedford County	Filed

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
3-29-2011	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		6244 Bustleton Avenue Philadelphia Philadelphia County	Filed
3-29-2011	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		7124 Ridge Avenue Philadelphia Philadelphia County	Filed
3-29-2011	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		352 High Street Burlington Burlington County, NJ	Filed
3-29-2011	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		1703 Highland Avenue Cinnaminson Burlington County, NJ	Filed
3-29-2011	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		801 Burlington Avenue Delanco Burlington County, NJ	Filed
3-29-2011	Elderton State Bank Elderton Armstrong County		121 North McKean Street Kittanning Armstrong 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. 11-654. Filed for public inspection April 15, 2011, 9:00 a.m.]