DEPARTMENT OF BANKING Action on Applications [35 Pa.B. 3430] 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 June 7, 2005.
BANKING INSTITUTIONS Mutual Holding Company Reorganization Date Name of Corporation Location Action 6-1-05 North Penn Bank
Scranton
Lackawanna CountyScranton Effective Represents reorganization into a mutual holding company to be known as North Penn Mutual Holding Company, Scranton, PA, a newly formed Pennsylvania mutual holding company and 100% owner of North Penn Bancorp, Inc., Scranton, PA, a newly formed Pennsylvania stock holding company. North Penn Bank will be a wholly owned subsidiary of North Penn Bancorp, Inc. Conversions Date Name of Bank Location Action 6-1-05 North Penn Bank
Scranton
Lackawanna CountyScranton Effective Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank in conjunction with the reorganization into a mutual form of ownership listed previously. 6-1-05 The First National Bank of Canton
Canton
Bradford County
To:
Bank of Canton
Canton
Bradford CountyCanton Filed Application represents conversion from a National association to a Pennsylvania State-chartered commercial bank. 6-3-05 Vartan National Bank
Harrisburg
Dauphin County
To:
Vartan Bank
Harrisburg
Dauphin CountyHarrisburg Application Withdrawn Application was for the conversion of the previously mentioned bank from a National banking association to a Pennsylvania State-chartered bank. Branch Applications Date Name of Bank Location Action 10-24-03 Earthstar Bank
Southampton
Bucks County48 West Skippack Pike
Broad Axe
Whitpain Township
Montgomery CountyOpened 6-6-05 Bucks County Bank
Doylestown
Bucks County2084 Street Road
Bensalem
Bucks CountyFiled 6-6-05 Northwest Savings Bank
Warren
Warren CountyRoute 228
Commercial Center
Cranberry Township
Butler CountyFiled Branch Relocations Date Name of Bank Location Action 6-1-05 Northwest Savings Bank
Warren
Warren CountyTo: 200 West Beaver Avenue
State College
Centre CountyFiled From: 201 West Beaver Avenue
State College
Centre CountyBranch Discontinuances Date Name of Bank Location Action 5-27-05 The Legacy Bank
Harrisburg
Dauphin County140 Can-Do Expressway
Hazleton
Luzerne CountyEffective 6-1-05 First Commonwealth Bank
Indiana
Indiana County511 Pine Grove Road
State College
Centre CountyFiled Articles of Amendment Date Name of Bank Purpose Action 6-1-05 CNB Community Bank
Clarion
Clarion CountyAmendment to Article 1 of the Articles of Incorporation provides for a change in corporate title from CNB Community Bank to Clarion County Community Bank. Approved and Effective SAVINGS INSTITUTIONS No activity. CREDIT UNIONS No activity. A. WILLIAM SCHENCK, III,
Secretary[Pa.B. Doc. No. 05-1178. Filed for public inspection June 17, 2005, 9:00 a.m.]