Actions on Applications [41 Pa.B. 2007]
[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 April 5, 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 Holding Company Acquisitions Date Name and Location of Applicant Action 3-31-2011 GNB Financial Services, Inc.
Gratz
Dauphin CountyFiled Application for approval to acquire 100% of The Herndon National Bank, Herndon. Consolidations, Mergers, and Absorptions Date Name and Location of Applicant Action 4-5-2011 Luzerne Bank
Luzerne
Luzerne CountyFiled Application for approval to purchase assets and assume liabilities of one branch of First Columbia Bank & Trust Co., Bloomsburg, located at: 10 Dessen Drive
Hazle Township
West Hazleton
Luzerne County
Branch Applications De Novo Branches Date Name and Location of Applicant Location of Branch Action 7-1-2010 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County2000 Penny Lane
Jeanette
Westmoreland CountyOpened 7-1-2010 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County2001 Lincoln Way
White Oak
Allegheny CountyOpened 3-8-2011 Centric Bank
Harrisburg
Dauphin County1625 Market Street
Camp Hill
Cumberland CountyOpened 3-21-2011 Northwest Savings Bank
Warren
Warren County1441 Monroe Avenue
Brighton
Monroe County, NY
(Correction from
week ending
March 29, 2011)Opened Branch Relocations Date Name and Location of Applicant Location of Branch Action 3-31-2011 Royal Asian Bank
Philadelphia
Philadelphia CountyTo: 449 Broad Avenue
Palisades Park
Bergen County, NJApproved From: 232 Broad Avenue
Palisades Park
Bergen County, NJ
3-31-2011 Royal Asian Bank
Philadelphia
Philadelphia CountyTo: 154-04 Northern Boulevard
Flushing
Queens County, NYApproved From: 136-52 39th Avenue
Flushing
Queens County, NY
Branch Discontinuances Date Name and Location of Applicant Location of Branch Action 3-31-2011 Royal Asian Bank
Philadelphia
Philadelphia County7001 West Chester Pike
Upper Darby
Delaware CountyApproved 4-5-2011 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County345 East Beaver Avenue
State College
Centre CountyFiled Articles of Amendment Date Name and Location of Institution Action 4-5-2011 New Century Bank
Phoenixville
Chester CountyApproved and Effective Articles of Incorporation amended and restated in their entirety to change the name of the institution to ''Customers Bank,'' increase the number of authorized shares of the institution's common stock, and designate the terms of Class B Non-Voting Common Stock. SAVINGS INSTITUTIONS No activity. CREDIT UNIONS Consolidations, Mergers, and Absorptions Date Name and Location of Applicant Action 4-5-2011 Belco Community Credit Union
Harrisburg
Dauphin CountyFiled Application for approval to merge LEBCO Educators Federal Credit Union, Lebanon, with and into Belco Community Credit Union, Harrisburg. The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.
GLENN E. MOYER,
Acting Secretary[Pa.B. Doc. No. 11-655. Filed for public inspection April 15, 2011, 9:00 a.m.]