1183 Actions on applications  

  • Actions on Applications

    [41 Pa.B. 3868]
    [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 July 5, 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

    Conversions

    Date Name and Location of Applicant Action
    6-29-2011 From: Univest National Bank and Trust Co.
    Souderton
    Montgomery County
    Effective
    To: Univest Bank and Trust Co.
    Souderton
    Montgomery County
    Conversion from a national banking association to a Pennsylvania state-chartered bank and trust company.
    Branch offices operated by Univest Bank and Trust Co.:
    2645 Street Road
    Bensalem
    Bucks County
    694 DeKalb Pike
    Blue Bell
    Montgomery County
    Hunt Acres Center
    Holicong
    Bucks County
    195 Butler Avenue
    Chalfont
    Bucks County
    842 North Eastor Road
    Doylestown
    Bucks County
    191 West State Street
    Doylestown
    Bucks County
    321 Main Street
    East Greenville
    Montgomery County
    40 East Street Road
    Feasterville
    Bucks County
    500 Harleysville Pike
    Franconia
    Montgomery County
    101 Walnut Street
    Green Lane
    Montgomery County
    790 Route 113
    Souderton
    Bucks County
    1715 Sumneytown Pike
    Kulpsville
    Montgomery County
    120 Forty Foot Road
    Hatfield
    Montgomery County
    990 Bethlehem Pike
    Montgomeryville
    Montgomery County
    1950 John Fries Highway
    Milford Square
    Bucks County
    986 Bethlehem Pike
    Montgomeryville
    Montgomery County
    3 Friends Lane
    Newtown
    Bucks County
    545 Constitution Avenue
    Perkasie
    Bucks County
    5829 Easton Road
    Plumsteadville
    Bucks County
    1465-7 West Broad Street
    Quakertown
    Bucks County
    328 North Lewis Road
    Royersford
    Montgomery County
    415 Main Street
    Schwenksville
    Montgomery County
    835 Lawn Avenue
    Sellersville
    Bucks County
    103 Baringer Avenue
    Silverdale
    Bucks County
    4285 Township Line Road
    Schwenksville
    Montgomery County
    6542D York Road
    New Hope
    Bucks County
    14 North Main Street
    Souderton
    Montgomery County
    50 Penn Avenue
    Telford
    Montgomery County
    2685 County Line Road
    Telford
    Montgomery County
    595 West Main Street
    Trappe
    Montgomery County
    2870 Shelly Road
    Harleysville
    Montgomery County
    601 Luis Drive
    Warminster
    Bucks County

    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 Berskshire Bank, Wyomissing.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    6-8-2011 Customers Bank
    Phoenixville
    Chester County
    Filed
    Approval to merge New Century Interim Bank, Phoenixville, with and into Customers Bank, Phoenixville. The merger will facilitate the proposed reorganization of Customers Bank into a bank holding company structure whereby Customers Bank will become the wholly-owned subsidiary of Customers Bancorp, Inc., a new holding company in formation
    6-8-2011 Customers Bank
    Phoenixville
    Chester County
    Filed
    Application for approval to merge Berkshire Bank, Wyomissing, with and into Customers Bank, Phoenixville.
    6-27-2011 Luzerne Bank
    Luzerne
    Luzerne County
    Effective
    Application for approval to purchase assets and assume liabilities of one branch of First Columbia Bank & Trust Co., Bloomsburg, located at:
    10 Dessen Drive
    Hazle Township
    West Hazleton
    Luzerne County

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    6-24-2011 First Columbia Bank & Trust Co.
    Bloomsburg
    Columbia County
    10 Dressen Drive
    West Hazleton
    Luzerne County
    Closed

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    6-30-2011 Belco Community Credit Union
    Harrisburg
    Dauphin County
    Effective
    Merger of LEBCO Educators Federal Credit Union, Lebanon, merged with and into Belco Community Credit Union, Harrisburg.

    Branch Applications

    De Novo Branches

    7-5-2011 TruMarkFinancial Credit Union
    Trevose
    Bucks County
    333 Centennial Road
    Warminster
    Bucks county
    Approved

     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. 11-1183. Filed for public inspection July 15, 2011, 9:00 a.m.]

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