1013 Actions on applications ?  

  • Actions on Applications

    [41 Pa.B. 3103]
    [Saturday, June 18, 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 June 7, 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

    Interim Incorporations

    Date Name and Location of Applicant Action
    6-7-2011 New Century Interim Bank
    Phoenixville
    Chester County
    Approved
    The purpose of New Century Interim Bank, Phoenixville, is to merge with New Century Bank (d.b.a. Customers Bank), Phoenixville, to facilitate the proposed reorganization of New Century Bank into a bank holding company structure whereby New Century Bank will become the wholly-owned subsidiary of Customers Bancorp, Inc., Phoenixville, a new bank holding company in formation.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    5-31-2011 Wayne Bank
    Honesdale
    Wayne County
    Effective
    Application for approval to merge North Penn Bank, Scranton, with and into Wayne Bank, Honesdale.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    5-19-2011 Monument Bank
    Doylestown
    Bucks County
    Newtown Plaza
    33 Swamp Road
    Newtown
    Bucks County
    Opened
    6-3-2011 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    733 West Lancaster Avenue
    Bryn Mawr
    Montgomery County
    Approved
    6-7-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    900 Welsh Road
    Maple Glen
    Montgomery County
    Approved

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    5-20-2011 Royal Asian Bank
    Philadelphia
    Philadelphia County
    To: 449 Broad Avenue
    Palisades Park
    Bergen County, NJ
    Effective
    From: 232 Broad Avenue
    Palisades Park
    Bergen County, NJ

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    5-20-2011 Reliance Savings Bank
    Altoona
    Blair County
    1824 South Atherton Street
    State College
    Centre County
    Closed
    5-31-2011 First Commonwealth Bank
    Indiana
    Indiana County
    363 Butler Street
    Pittsburgh
    Allegheny County
    Closed
    5-31-2011 First Commonwealth Bank
    Indiana
    Indiana County
    608 Miller Avenue
    Clairton
    Allegheny County
    Closed
    5-31-2011 First Commonwealth Bank
    Indiana
    Indiana County
    250 Summit Park Drive
    Pittsburgh
    Allegheny County
    Closed
    5-31-2011 Union Bank and Trust Company
    Pottsville
    Schuylkill County
    Redner's Market
    Route 61
    Schuylkill Haven
    Schuylkill County
    Closed
    5-31-2011 Union Bank and Trust Company
    Pottsville
    Schuylkill County
    Redner's Market
    Gold Star Highway
    Shenandoah
    Schuylkill County
    Closed
    6-3-2011 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    345 East Beaver Avenue
    State College
    Centre County
    Closed

    Articles of Amendment

    Date Name and Location of Institution Action
    6-7-2011 Royal Asian Bank
    Philadelphia
    Philadelphia County
    Approved
    and Effective
    Articles of Incorporation amended and restated in their entirety to change the name of the institution to ''Noah Bank'' and to relocate the institution's principal place of business From: 418 Oak Lane, Philadelphia, Pennsylvania 19126 To: 7301 Old York Road, Elkins Park, Pennsylvania 19027

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Articles of Amendment

    Date Name and Location of Institution Action
    6-7-2011 Spojnia Credit Union
    Scranton
    Lackawanna County
    Approved
    and
    Effective
    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.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    12-10-2010 Crayola, LLC Employees Credit Union
    Easton
    Northampton County
    2475 Brodhead Road
    Bethlehem
    Northampton County
    Opened
    6-3-2011 TruMark Financial Credit Union
    Trevose
    Bucks County
    333 Centennial Road
    Warminster
    Bucks County
    Filed

     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. 11-1013. Filed for public inspection June 17, 2011, 9:00 a.m.]

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