725 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [41 Pa.B. 2229]
    [Saturday, April 30, 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 12, 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

    Conversions

    Date Name and Location of Applicant Action
    4-8-2011 From: Univest National Bank and Trust Co. Souderton
    Montgomery County
    Filed
    To: Univest Bank and Trust Co.
    Souderton
    Montgomery County
    Application for approval to convert from a national bank and trust company to a state-chartered bank and trust company.

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    4-12-2011 Kieran W. Goodwin Approved
    Application for approval to acquire up to 35.3% of the common stock of Colonial American Bank, Horsham.
    4-12-2011 The Snyder Group Approved
    Application for approval to acquire up to 51.0% of the common stock of NexTier, Inc., Butler, and thereby indirectly acquire up to 51.0% of NexTier Bank, National Association, Butler.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    4-4-2011 Standard Bank, PaSB
    Murrysville
    Westmoreland County
    Eastgate Shopping Center
    5150 US Route 30
    Greensburg
    Westmoreland County
    Opened

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    3-18-2011 ACNB Bank
    Gettysburg
    Adams County
    Into: 39 Carlisle Road
    Newville
    Cumberland County
    Effective
    From: 1 West Big Spring Avenue
    Newville
    Cumberland County

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    4-11-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    Westgate Plaza
    309 Lancaster Avenue
    Frazer
    Chester County
    Approved
    4-11-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    849 West Baltimore Pike
    West Grove
    Chester County
    Approved

    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. 11-725. Filed for public inspection April 29, 2011, 9:00 a.m.]

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