764 Actions on applications?

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 2336]
[Saturday, May 7, 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 19, 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 [phone]. 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

Section 112 Acquisitions

Date	Name and Location of Applicant			Action
4-15-2011	Kieran W. Goodwin			Effective
	Acquisition of up to 35.3% of the common stock of Colonial American Bank, Horsham.
4-15-2011	Philip A. Nisbet, Anthony Giordano, Joseph A. Auteri, Francine Carb, Richard Eknoian, Ran Korolik, Richard O. Lindsey, and Pamela Porter			Effective
	Acquisition, collectively, of up to 24.9% of the common stock of Colonial American Bank, Horsham.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
4-13-2011	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		900 Welsh Road Maple Glen Montgomery County	Filed
4-13-2011	Citizens Bank of Pennsylvania Philadelphia Philadelphia County		733 West Lancaster Avenue Bryn Mawr Montgomery County	Filed

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
3-31-2011	Customers Bank Phoenixville Chester County		457 Haddonfield Road Suite 100 Cherry Hill Camden County, NJ	Closed

Articles of Amendment

Date	Name and Location of Institution			Action
4-15-2011	Royal Asian Bank Philadelphia Philadelphia County			Filed
	Articles of Amendment provide for the institution's Articles of Incorporation to be amended and restated in their entirety.

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Articles of Amendment

Date	Name and Location of Institution			Action
4-15-2011	Spojnia Credit Union Scranton Lackawanna County			Filed
	Amendment to Article 2 of the credit union's Articles of Incorporation provides for a statement that the credit union is organized and operated as a nonprofit corporation.

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

GLENN E. MOYER, 
Secretary

[Pa.B. Doc. No. 11-764. Filed for public inspection May 6, 2011, 9:00 a.m.]