843 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[37 Pa.B. 2216]
[Saturday, May 12, 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, has taken the following action on applications received for the week ending May 1, 2007.

BANKING INSTITUTIONS

Charter Applications

Date	Name of Trust Company		Location	Action
5-1-07	DM Trust Company Philadelphia Philadelphia County		30 South 17th Street Philadelphia Philadelphia County	Commenced Operations

Interim Charter Applications

Date	Name of Bank		Location	Action
4-25-07	Elderton Interim Bank Elderton Armstrong County		Elderton	Filed
	Application being filed in conjunction with the reorganization of Elderton State Bank into a bank holding company form of business, which will become the wholly-owned subsidiary of Keystrong Financial, Inc., a new holding company in formation.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
4-25-07	First Priority Bank, Malvern, and First Priority Interim Bank, Malvern Surviving Institution-- First Priority Bank, Malvern		Malvern	Approved
	The subject merger is in conjunction with First Priority Bank's reorganization into a holding company form of business by forming a Pennsylvania holding company to be known as ''First Priority Financial Corp.,'' Malvern.
4-26-07	Fulton Bank Lancaster Lancaster County		Lancaster	Approved
	Purchase of Assets/Assumption of Liabilities of Lebanon Valley Farmers Bank, Lebanon. Both institutions are wholly-owned subsidiaries of Fulton Financial Corporation, Lancaster.
4-26-07	Berkshire Bank Wyomissing Berks County		Wyomissing	Approved
	Purchase of Assets/Assumption of Liabilities of Two Branch Offices of Fleetwood Bank, Fleetwood, Located at:
	555 Penn Avenue West Reading Berks County		2493 Bernville Road Reading Berks County
5-1-07	Citizens & Northern Bank, Wellsboro, and Citizens Trust Company, Coudersport Surviving Institution-- Citizens & Northern Bank, Wellsboro		Wellsboro	Effective
	All branch offices of Citizens Trust Company will become branches of Citizens & Northern Bank, including the former main office of Citizens Trust Company.

Branch Applications

Date	Name of Bank		Location	Action
4-16-07	Abington Savings Bank Jenkintown Montgomery County		4000 Fox Hound Drive Lafayette Hill Montgomery County (Limited Service Facility) (Correction from) 37 Pa.B. 2100 (May 5, 2007)	Opened
4-23-07	CommunityBanks Millersburg Dauphin County		233 Hershey Road Hummelstown Dauphin County	Opened
4-23-07	Northwest Savings Bank Warren Warren County		2470 Longstone Lane Marriottsville (Previously Woodstock) Howard County, MD	Opened
4-25-07	Valley Green Bank Philadelphia Philadelphia County		23 West Highland Avenue Philadelphia Philadelphia County	Approved
4-26-07	CNB Bank Clearfield Clearfield County		1925-2055 Edinboro Road Millcreek Erie County	Filed
4-26-07	CNB Bank Clearfield Clearfield County		101 10th Street Erie Erie County	Filed
4-26-07	Abington Savings Bank Jenkintown Montgomery County		329 North Main Street Chalfont Bucks County	Opened
4-30-07	Embassy Bank for the Lehigh Valley Bethlehem Northampton County		1142 South Cedar Crest Boulevard Allentown Salisbury Township Lehigh County	Filed

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
4-27-07	AmeriServ Financial Bank Johnstown Cambria County	Into:	1404 Eisenhower Boulevard Johnstown Richland Township Cambria County	Filed
		From:	1213 Scalp Avenue Johnstown Richland Township Cambria County

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

   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. 07-843. Filed for public inspection May 11, 2007, 9:00 a.m.]