598 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[37 Pa.B. 1503]
[Saturday, April 7, 2007]

   The Department of Banking, 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 9, 2002 (P. L. 1572, No. 207), known as the Credit Union Code; and applications received for the week ending March 27, 2007.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
3-20-07	The Bank of New York Mellon Corporation, New York, NY, to acquire 100% of the voting shares of Mellon Financial Corporation, Pittsburgh, PA		New York, NY	Filed
3-23-07	Quaint Oak Bancorp, Inc., Southampton (a newly-organized Pennsylvania chartered corporation), to acquire 100% of the common stock of Quaint Oak Savings Bank, Southampton, in conjunction with the Bank's conversion from mutual to stock form		Southampton	Filed
3-27-07	Citizens & Northern Corporation, Wellsboro, to acquire 100% of the voting shares of Citizens Bancorp, Inc., Coudersport		Wellsboro	Approved

Conversions

Date	Name of Bank		Location	Action
3-23-07	Quaint Oak Savings Bank Southampton Bucks County		Southampton	Filed
	Represents conversion from a mutual savings bank to a stock savings bank and concurrent formation of a new holding company, Quaint Oak Bancorp, Inc., that will own 100% of the common stock of the bank.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
3-21-07	Fulton Bank Lancaster Lancaster County		Lancaster	Filed
	Purchase of assets/assumption of liabilities of Lebanon Valley Farmers Bank, Lebanon. Both institutions are wholly-owned subsidiaries of Fulton Financial Corporation, Lancaster.
3-23-07	Berkshire Bank Wyomissing Berks County		Wyomissing	Filed
	Purchase of assets/assumption of liabilities of two branch offices of Fleetwood Bank, Fleetwood, Located at:
	2493 Bernville Road Reading Berks County		555 Penn Avenue West Reading Berks County
3-27-07	Citizens & Northern Bank, Wellsboro Approved Wellsboro, and Citizens Trust Company, Coudersport Surviving Institution-- Citizens & Northern Bank, Wellsboro		Wellsboro	Approved

Branch Applications

Date	Name of Bank		Location	Action
3-19-07	First Priority Bank Malvern Chester County		1200 Broadcasting Road Wyomissing Berks County	Opened
3-20-07	CommunityBanks Millersburg Dauphin County		2100 Utz Terrace Hanover West Manheim Township York County (Limited Service Facility)	Opened
3-22-07	Royal Asian Bank Philadelphia Philadelphia County		232 Broad Avenue Palisades Park Bergen County, NJ	Opened
3-23-07	Huntingdon Valley Bank Huntingdon Valley Montgomery County		The Lafayette Redeemer Retirement Community 8580 Verree Road Philadelphia Philadelphia County	Filed
3-26-07	Gateway Bank of Pennsylvania McMurray Washington County		Commonwealth Drive at Freedom Road Cranberry Township Butler County	Approved

Branch Relocations

Date	Name of Bank		Location	Action
3-20-07	Somerset Trust Company Somerset Somerset County	To:	Wal-Mart 2028 N. Center Avenue Somerset Somerset County	Filed
		From:	316 Georgian Place Somerset Somerset County

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Branch Applications

Date	Name of Credit Union		Location	Action
3-15-07	Superior Credit Union Collegeville Montgomery County		2020 Swamp Pike Gilbertsville Montgomery County	Opened

   The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.

VICTORIA A. REIDER,   
Acting Secretary

[Pa.B. Doc. No. 07-598. Filed for public inspection April 6, 2007, 9:00 a.m.]