1437 Action on applications  

  • DEPARTMENT OF BANKING

    Action on Applications

    [35 Pa.B. 4200]

       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 19, 2005.

    BANKING INSTITUTIONS

    New Charter Applications

    DateName of BankLocationAction
    7-12-05Royal Asian Bank
    Philadelphia
    Philadelphia County
    6331 Castor Avenue
    Philadelphia
    Philadelphia County
    Filed
    Correspondent:
    Jay W. Waldman, Esq.
    Mette, Evans & Woodside
    1105 Berkshire Boulevard
    Wyomissing, PA 19610

    Consolidations, Mergers and Absorptions

    DateName of BankLocationAction
    7-12-05Royal Asian Bank
    (In organization)
    Philadelphia
    Philadelphia County
    PhiladelphiaFiled
    Purchase of assets/assumption of liabilities of four branch offices of Royal Bank America, Narberth, located at:
    6526 Castor Avenue
    Philadelphia
    Philadelphia County
    7001 West Chester Pike
    Upper Darby
    Delaware County
    418 Oak Lane Road
    Philadelphia
    Philadelphia County
    1550 Lemoine Avenue
    Fort Lee
    Bergen County, NJ
    7-19-05Enterprise Bank, Allison Park, and Enterprise Interim Bank,
    Allison Park
    Surviving Institution--
    Enterprise Bank, Allison Park
    Allison ParkApproved
    Merger will be effected solely to facilitate the acquisition of Enterprise Bank by Enterprise Financial Services Group, Inc., a bank holding company being formed in conjunction with this transaction.

    Branch Applications

    DateName of BankLocationAction
    7-13-05Allegiance Bank of North America
    Bala Cynwyd
    Montgomery County
    190-192 West DeKalb Pike
    King of Prussia
    Montgomery County
    Filed
    7-13-05Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Giant Eagle
    206 Seven Fields Boulevard
    Seven Fields
    Butler County
    Opened
    7-19-05Northwest Savings Bank
    Warren
    Warren County
    Commercial Center
    Lot 6B
    Route 228
    Cranberry Township
    Butler County
    Approved
    7-19-05Fulton Bank
    Lancaster
    Lancaster County
    1201 West Chester Pike
    West Chester
    West Goshen Township
    Chester County
    Approved
    7-19-05Abington Savings Bank
    Jenkintown
    Montgomery County
    329 North Main Street
    Chalfont
    Bucks County
    Approved
    7-19-05Abington Savings Bank
    Jenkintown
    Montgomery County
    800 Bethlehem Pike
    Springhouse
    Montgomery County
    Approved

    Branch Relocations/Consolidations

    DateName of BankLocationAction
    7-13-05Keystone Nazareth Bank &
    Trust Company
    Bethlehem
    Northampton County
    To:90 Highland Avenue
    Bethlehem
    Hanover Township
    Northampton County
    (Main Office)
    Filed
    From:4510 Bath Pike
    (Route 512)
    Hanover Township
    Northampton County

    Articles of Amendment

    DateName of BankPurposeAction
    7-14-05Pennsylvania Business Bank
    Philadelphia
    Philadelphia County
    Amendment to Article Fifth of the Articles of Incorporation provides for an increase in the number of authorized shares of the bank's common capital stock from 2 million to 5 million at $5 per value per share.Approved and Effective

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

    A. WILLIAM SCHENCK, III,   
    Secretary

    [Pa.B. Doc. No. 05-1437. Filed for public inspection July 29, 2005, 9:00 a.m.]

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