1086 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [37 Pa.B. 2840]
    [Saturday, June 23, 2007]

       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 12, 2007.

    BANKING INSTITUTIONS

    Mutual Holding Company Reorganization

    Date Name of Bank LocationAction
    6-11-07 North Penn Bank
    Scranton
    Lackawanna County
    ScrantonFiled
    North Penn Bank (the ''Bank''), which is currently organized in mutual holding company structure, including a mid-tier bank holding company, North Penn Bancorp, Inc. (the ''Mid-Tier''), under North Penn Mutual Holding Company (the ''MHC''), is proposing to reorganize by converting the MHC and the Mid-Tier to Federal charters and then creating a thrift holding company and three interim banks (the ''Interims'') and thereafter merging the Mid-Tier and the MHC into the Bank and then merging the Interims into the Bank. The resulting structure will be a Stock Federal Thrift Holding Company, New North Penn Bancorp, Inc., which will own all of the shares of the Bank.

    Conversions

    Date Name of Bank Location Action
    6-8-07 Susquehanna Patriot Bank
    Marlton
    Burlington County, NJ
    Marlton, NJFiled
    Application represents conversion from New Jersey State-chartered bank to a Pennsylvania State-chartered bank to be known as Susquehanna Bank, DV, Bryn Mawr.

    Branch Applications

    Date Name of BankLocationAction
    6-6-07 Mauch Chunk Trust Company
    Jim Thorpe
    Carbon County
    226 Claremont Street
    Tamaqua
    Schuylkill County
    Approved
    6-11-07Fulton Bank
    Lancaster
    Lancaster County
    Benner Pike and Rolling Ridge Drive
    Benner Township
    Centre County
    Filed
    6-12-07 S & T Bank
    Indiana
    Indiana County
    12550 Perry Highway
    Wexford
    Allegheny County
    Approved

    Branch Relocations

    DateName of Bank LocationAction
    6-6-07 Republic First Bank
    Philadelphia
    Philadelphia County
    To:421 West Germantown Pike
    Plymouth Meeting
    Montgomery County
    Approved
    From: 75 West Germantown Pike
    East Norriton
    Montgomery County
    6-6-07 CommunityBanks
    Millersburg
    Dauphin County
    To:1801 Baltimore Street
    York
    West Manheim Township
    York County
    Approved
    From:1345 Baltimore Street
    York
    West Manheim Township
    York County
    6-12-07The Juniata Valley Bank
    Mifflintown
    Juniata County
    To:R. D. 1
    McAlisterville
    Juniata County
    Approved
    From:Main and School Streets
    McAlisterville
    Juniata County

    Articles of Amendment

    Date Name of BankPurpose Action
    6-6-07Hyperion Bank
    Philadelphia
    Philadelphia County
    Amendment to Article II of the Articles of Incorporation provides for a change of address of the principal place of businessApproved and Effective
    From: 1201-09 North
    2nd Street
    Philadelphia, PA 19122
    To: 199 West Girard Avenue
    Philadelphia, PA 19123
    6-8-07Public Savings Bank
    Southampton
    Bucks County
    Amendment to Article II of the Articles of Incorporation provides for a change of address of the principal place of businessApproved and Effective
    From:1265 Industrial Boulevard
    Southampton
    Bucks County, PA 18966
    To: 2755 Philmont Avenue
    Huntingdon Valley
    Montgomery County, PA 19006.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

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

    VICTORIA A. REIDER,   
    Acting Secretary

    [Pa.B. Doc. No. 07-1086. Filed for public inspection June 22, 2007, 9:00 a.m.]

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