803 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [39 Pa.B. 2225]
    [Saturday, May 2, 2009]

       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 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 April 21, 2009.

       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

    Mutual Holding Company Reorganizations

    Date Name of Bank  Location Action
    4-20-2009 Reliance Savings Bank
    Altoona
    Blair County
    Altoona Effective
    Reorganization into a two-tier mutual holding company structure whereby Reliance Savings Bank, Altoona, became a wholly-owned subsidiary of Reliance Bancorp, Inc., Altoona, a newly-formed, mid-tier bank holding company that is a wholly-owned subsidiary of Reliance Bancorp, MHC, Altoona, a newly-formed mutual holding company. In conjunction with the reorganization, Reliance Savings Bank, Altoona, converted from a mutual savings bank to a stock savings bank.

    Branch Applications

    De Novo Branches

    Date Name of Bank  Location Action
    4-17-2009 Jonestown Bank and Trust Company
    of Jonestown, PA
    Jonestown
    Lebanon County
    101 Northside Commons
    Palmyra
    Lebanon County
    Filed
    4-17-2009 Graystone Tower Bank
    Lancaster
    Lancaster County
    1001 Carlisle Street
    Hanover
    York County
    Approved

    Branch Relocations

    Date Name of Bank  Location Action
    4-17-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    To: 48 West Skippack Pike
    Ambler
    Montgomery County
    Approved
    From: 7004 Butler Pike
    Broad Axe
    Montgomery County

    Branch Consolidations

    Date Name of Bank  Location Action
    4-17-2009 Peoples State Bank of Wyalusing Pa.
    Wyalusing
    Bradford County
    Into: Route 6
    Wysox
    Bradford County
    Approved
    From:P&C Food Market
    Bradford Towne Centre
    Wysox
    Bradford County

    Branch Discontinuances

    Date Name of Bank  Location Action
    4-17-2009 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    1006 North Elmira Street
    Sayre
    Bradford County
    Approved
    4-17-2009 United-American Savings Bank
    Pittsburgh
    Allegheny County
    3353 SR 130
    Harrison City
    Westmoreland County
    Approved
    4-21-2009 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    604 Main Street
    Riverton
    Burlington County, NJ
    Filed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Branch Applications

    De Novo Branches

    Date Name of Credit Union  Location Action
    4-14-2009 Belco Community Credit Union
    Harrisburg
    Dauphin County
    Paxton Street and
    Eisenhower Boulevard
    Harrisburg
    Dauphin County
    Authorization
    Surrendered

    Branch Relocations

    Date Name of Credit Union  Location Action
    4-21-2009 Belco Community Credit Union
    Harrisburg
    Dauphin County
    To: 1063 York Road
    Gettysburg
    Adams County
    Approved
    From: 39 North Washington Street
    Gettysburg
    Adams County

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

    STEVEN KAPLAN,   
    Secretary

    [Pa.B. Doc. No. 09-803. Filed for public inspection May 1, 2009, 9:00 a.m.]

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