655 Actions on applications ?  

  • 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 County
    Filed
    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 County
    Filed
    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 County
    2000 Penny Lane
    Jeanette
    Westmoreland County
    Opened
    7-1-2010 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    2001 Lincoln Way
    White Oak
    Allegheny County
    Opened
    3-8-2011 Centric Bank
    Harrisburg
    Dauphin County
    1625 Market Street
    Camp Hill
    Cumberland County
    Opened
    3-21-2011 Northwest Savings Bank
    Warren
    Warren County
    1441 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 County
    To: 449 Broad Avenue
    Palisades Park
    Bergen County, NJ
    Approved
    From: 232 Broad Avenue
    Palisades Park
    Bergen County, NJ
    3-31-2011 Royal Asian Bank
    Philadelphia
    Philadelphia County
    To: 154-04 Northern Boulevard
    Flushing
    Queens County, NY
    Approved
    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 County
    7001 West Chester Pike
    Upper Darby
    Delaware County
    Approved
    4-5-2011 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    345 East Beaver Avenue
    State College
    Centre County
    Filed

    Articles of Amendment

    Date Name and Location of Institution Action
    4-5-2011 New Century Bank
    Phoenixville
    Chester County
    Approved 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 County
    Filed
    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.]

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