1182 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 3867]
[Saturday, July 16, 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 28, 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 [phone]. 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

Holding Company Acquisitions

Date	Name and Location of Applicant			Action
6-8-2011	Customers Bancorp, Inc. Phoenixville Chester County			Filed
	Application for approval to acquire 100% of Berkshire Bancorp, Inc., Wyomissing, and thereby indirectly acquire 100% of Berkshire Bank, Wyomissing.

Consolidations, Mergers and Absorptions

Date	Name and Location of Applicant			Action
6-8-2011	Customers Bank Phoenixville Chester County			Filed
	Application for approval to merge New Century Interim Bank, Phoenixville, with and into Customers Bank, Phoenixville.
	The merger will facilitate the proposed reorganization of Customers Bank, Phoenixville, into a bank holding company structure whereby Customers Bank will become the wholly-owned subsidiary of Customers Bancorp, Inc., Phoenixville, a new holding company in formation.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
6-21-2011	Jersey Shore State Bank Jersey Shore Lycoming County		606 Continental Boulevard Danville Montour County	Filed

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

 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. 11-1182. Filed for public inspection July 15, 2011, 9:00 a.m.]