972 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [41 Pa.B. 3014]
    [Saturday, June 11, 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 May 24, 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 (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

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    5-16-2011 Warren H. Weiner
    WFP2, LP.
    Filed
    Application for approval to collectively acquire up to 138,334 of the common stock of Hyperion Bank, Philadelphia, Philadelphia County

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    5-19-2011 Luzerne Bank
    Luzerne
    Luzerne County
    Approved
    Application for approval to purchase assets and assume liabilities of one branch of First Columbia Bank & Trust Co., Bloomsburg, located at:

    10 Dessen Drive
    Hazle Township
    West Hazleton
    Luzerne County

    Branch Applications

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    5-18-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    To: 2021-2023 Sproul Road
    Broomall
    Delaware County
    Filed
    From:1991 Sproul Road, Suite 22
    Broomall
    Delaware County

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    5-20-2011 S&T Bank
    Indiana
    Indiana County
    Into:410 Main Street
    Clarion
    Clarion County
    Filed
    From:650 Main Street
    Clarion
    Clarion County

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    3-31-2011 VIST Bank
    Wyomissing
    Berks County
    190 East DeKalb Pike
    King of Prussia
    Montgomery County
    Closed
    5-23-2011 First Columbia Bank & Trust  Company
    Bloomsburg
    Columbia County
    10 Dressen Drive
    West Haxleton
    Luzerne County
    Approved
    5-20-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    1109 East Baltimore Pike
    Kennett Square
    Chester County
    Withdrawn
    5-20-2011 Graystone Tower Bank
    Lancaster
    Lancaster County
    1660 East Street
    Kennett Square
    Chester County
    Withdrawn

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Community Charter Conversions

    Date Name and Location of Institution Action
    5-20-2011 Belco Community Credit Union
    Harrisburg
    Dauphin County
    Approved
    Application for approval to merge LEBCO Educators Federal Credit Union, Lebanon, with and into Belco Community Credit Union, Harrisburg.

     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. 11-972. Filed for public inspection June 10, 2011, 9:00 a.m.]

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