1206 Actions on applications

DEPARTMENT OF BANKING

Actions on Applications

[40 Pa.B. 3679]
[Saturday, July 3, 2010]

 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 15, 2010.

 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

Section 112 Acquisitions

Date	Name and Location of Applicant			Action
6-15-2010	Michael G. Crofton			Filed
	Application for approval to acquire up to 24.99% of the common stock of The Philadelphia Trust Company, Philadelphia.
6-15-2010	Robert G. Thomson			Filed
	Application for approval to acquire up to 24.99% of the common stock of The Philadelphia Trust Company, Philadelphia.

Holding Company Acquisitions

Date	Name and Location of Applicant			Action
6-15-2010	Northwest Bancshares, Inc. Warren Warren County			Filed
	Application for approval to acquire 100% of NexTier, Inc. Butler, and thereby indirectly acquire 100% of NexTier Bank, National Association, Butler.

Consolidations, Mergers, and Absorptions

Date	Name and Location of Applicant			Action
6-15-2010	Northwest Savings Bank Warren Warren County			Filed
	Application for approval to merge NexTier Bank, National Association, Butler, with and into Northwest Savings Bank, Warren.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
6-9-2010	Susquehanna Bank Lititz Lancaster County		2343 Oregon Pike Lancaster Lancaster County	Approved
6-10-2010	New Century Bank Phoenixville Chester County		1 South Main Street Yardley Bucks County	Approved
6-11-2010	NOVA Bank Berwyn Chester County		8000 West Chester Pike Upper Darby Delaware County	Approved
6-15-2010	Republic First Bank Philadelphia Philadelphia County		30 Kings Highway East Haddonfield Camden County, NJ	Approved

Branch Discontinuances

Date	Name and Location of Applicant		Location of Branch	Action
4-28-2010	S & T Bank Indiana Indiana County		2000 Penny Lane Jeannette Westmoreland County	Closed
4-28-2010	S & T Bank Indiana Indiana County		2001 Lincoln Way White Oak Allegheny County	Closed
6-1-2010	Susquehanna Bank Lititz Lancaster County		100 Sterling Parkway Suite 100 Mechanicsburg Cumberland County (Limited Service Facility)	Closed

Articles of Amendment

Date	Name and Location of Institution			Action
6-15-2010	Monument Bank Doylestown Bucks County			Filed
	Amendment to the Second Article of the institution's Articles of Incorporation changes the principal place of business from 573 North Main Street, Doylestown, Bucks County, PA 18901, to 465 North Main Street, Doylestown, Bucks County, PA 18901.
	Amendment to the Sixth Article of the institution's Articles of Incorporation provides for the issuance of preferred stock.

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Community Charter Conversions

Date	Name and Location of Institution			Action
6-10-2010	Norristown Bell Credit Union Blue Bell Montgomery County			Effective
	Amendment to Article 8 of the credit union's Articles of Incorporation provides the following field of membership: ''All people who live, work, worship, volunteer, attend school in, and businesses and other legal entities in Montgomery County, in the Commonwealth of Pennsylvania.''

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
6-9-2010	Lancaster Red Rose Credit Union Lancaster Lancaster County		150 North Queen Street Lancaster Lancaster County	Approved

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

STEVEN KAPLAN, 
Secretary

[Pa.B. Doc. No. 10-1206. Filed for public inspection July 2, 2010, 9:00 a.m.]