1448 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[36 Pa.B. 4017]
[Saturday, July 29, 2006]

   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 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 18, 2006.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
7-14-06	Parke Bancorp, Inc., Washington Township, NJ, to acquire 100% of the shares of Parke Interim Bank, Philadelphia, PA		Washington Township New Jersey	Effective

New Bank Charters

Date	Name of Bank		Location	Action
7-17-06	Royal Asian Bank Philadelphia Philadelphia County		6331 Castor Avenue Philadelphia Philadelphia County	Commenced Operations

Interim Bank Charters

Date	Name of Bank		Location	Action
7-14-06	Parke Interim Bank Philadelphia Philadelphia County		Philadelphia	Effective
	The interim bank is being effected for the sole purpose of permitting Parke Bank, Washington Township, NJ, to expand its branch operations into this Commonwealth. Immediately following its incorporation it will be acquired by Parke Bancorp, Inc. and merged with and into Parke Bank, the holding company's banking subsidiary.

Section 112 Applications

Date	Name of Individual			Action
7-17-06	Paul J. Coviello to acquire up to 28.0% of the shares of common stock of Landmark Community Bank, Pittston, PA, under section 112 of the Banking Code of 1965			Approved

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
7-17-06	Royal Asian Bank Philadelphia Philadelphia County		Philadelphia	Effective
	Purchase of assets/assumption of liabilities of four branch offices of Royal Bank America, Narberth
	Located at:
	7001 West Chester Pike Upper Darby Delaware County		418 Oak Lane Road Philadelphia Philadelphia County
	6526 Castor Avenue Philadelphia Philadelphia County		1550 Lemoine Avenue Fort Lee Bergen County, NJ
7-17-06	CommunityBanks, Millersburg and Sentry Trust Company, Chambersburg Surviving Institution-- CommunityBanks, Millersburg		Millersburg	Filed
7-18-06	Centra Bank--Smithfield (Interim Bank in Organization), Smithfield, and Smithfield State Bank of Smithfield, PA, Smithfield Surviving Institution-- Centra Bank-Smithfield, Smithfield		Smithfield	Filed
	The application is being filed to facilitate the acquisition of Smithfield State Bank by Centra Financial Holdings, Inc., Morgantown, WV.

Branch Applications

Date	Name of Bank		Location	Action
6-12-06	Orrstown Bank Shippensburg Cumberland County		308 Carolle Street Greencastle Franklin County	Opened
7-7-06	Fulton Bank Lancaster Lancaster County		116 West Market Street West Chester Chester County	Opened
7-12-06	First Star Savings Bank Bethlehem Lehigh County		6302 Route 309 New Tripoli Lehigh County	Filed
7-17-06	Peoples State Bank of Wyalusing Wyalusing Bradford County		205 West Lockhart Street Sayre Bradford County	Approved
7-17-06	Berkshire Bank Wyomissing Berks County		Crestwood East Office Park Lots Nos. 1 and 2 Neversink and Hearthstone Court Reading Exeter Township Berks County	Approved

Branch Relocations/Consolidations

Date	Name of Bank		Location	Action
7-11-06	S & T Bank Indiana Indiana County	Into:	800 Philadelphia Street Indiana Indiana County	Filed
		From:	501 Philadelphia Street Indiana Indiana County
7-12-06	S & T Bank Indiana Indiana County	to:	Corner of Logan Blvd. and Dewey Street Altoona Blair County	Approved
		From:	208 West Plank Rd. Altoona Blair County

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.

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 06-1448. Filed for public inspection July 28, 2006, 9:00 a.m.]