DEPARTMENT OF BANKING Action on Applications [35 Pa.B. 3060] 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 10, 2005.
BANKING INSTITUTIONS Holding Company Acquisitions Date Name of Corporation Location Action 5-5-05 Willow Grove Bancorp, Inc., Maple Glen, to acquire 100% of the voting shares of Chester Valley Bancorp, Inc., Downingtown, and thereby indirectly acquire First Financial Bank, Downingtown Maple Glen Approved Branch Applications Date Name of Bank Location Action 4-21-05 Allegiance Bank of North America
Bala Cynwyd
Montgomery County36 North 3rd Street
Philadelphia
Philadelphia CountyOpened 5-9-05 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia CountyWarwick Square Shopping Center
2395 Old York Road
Jamison
Bucks CountyOpened 5-9-05 Wayne Bank
Honesdale
Wayne CountyFountain Springs East II
Route 611
Pocono Township
Monroe CountyFiled Articles of Amendment Date Name of Bank Purpose Action 5-9-05 Nova Savings Bank
Philadelphia
Philadelphia CountyArticles of Amendment amend and restate the Bank's Articles of Incorporation in their entirety. Approved and Effective SAVINGS INSTITUTIONS No activity. CREDIT UNIONS Branch Applications Date Name of Credit Union Location Action 5-9-05 Fairless Credit Union
Morrisville
Bucks County521 Oxford Valley Road
Fairless Hills
Bristol Township
Bucks CountyFiled A. WILLIAM SCHENCK, III,
Secretary[Pa.B. Doc. No. 05-996. Filed for public inspection May 20, 2005, 9:00 a.m.]
