1237 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[37 Pa.B. 3268]
[Saturday, July 14, 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 July 3, 2007.

BANKING INSTITUTIONS

Charter Application

Date	Name of Bank		Location	Action
6-29-2007	Right Bank Philadelphia Philadelphia County		Philadelphia	Filed
	Corresponding Agent
	David F. Scranton, Esq. Stradley Ronon Stevens & Young, LLP Great Valley Corporate Center 30 Valley Stream Parkway Malvern, PA 19355-1481

Interim Charter Application

Date	Name of Bank		Location	Action
6-27-2007	Abington Interim Savings Bank Jenkintown Montgomery County		Jenkintown	Effective
	Interim bank formed in conjunction with the reorganization of Abington Savings Bank from a mutual holding company structure to a stock holding Company structure (see the following).

Mutual Holding Company Reorganization

Date	Name of Bank		Location	Action
6-27-2007	Abington Savings Bank Jenkintown Montgomery County		Jenkintown	Effective
	Abington Savings Bank (the Bank), which was organized in a mutual holding company structure, including a mid-tier bank holding company, Abington Community Bancorp, Inc. (the Mid-Tier), under Abington Mutual Holding Company (the MHC), has reorganized by converting the MHC and the Mid-Tier to Federal charters and creating a thrift holding company and an interim bank (the Interim) and thereafter merging the Mid-tier, the MHC and the Interim into the Bank. The resulting structure is a stock Federal thrift holding company, Abington Bancorp, Inc., which owns all of the shares of the Bank.

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. 07-1237. Filed for public inspection July 13, 2007, 9:00 a.m.]