DEPARTMENT OF BANKING Actions on Applications [41 Pa.B. 4122]
[Saturday, July 30, 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 12, 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 Consolidations, Mergers, and Absorptions Date Name and Location of Applicant Action 7-7-2011 Colonial American Bank
Horsham
Montgomery County
Filed Application for approval to merge Colonial American Bank of New Jersey, Middletown, NJ, with and into Colonial American Bank, Horsham. Branch Applications De Novo Branches Date Name and Location of Applicant Location of Branch Action 6-23-2011 Marion Center Bank
Marion Center
Indiana County
1271 Indian Springs Road
Indiana
Indiana County
Opened 6-28-2011 Peoples State Bank of Wyalusing
Wyalusing
Bradford County
Towne Plaza Shopping Ctr
Tunkhannock
Wyoming County
Filed Branch Relocations Date Name and Location of Applicant Location of Branch Action 7-6-2011 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
To: 2021-2023 Sproul Road
Broomall
Delaware County
Approved
From: 1991 Sproul Road, Suite 22
Broomall
Delaware CountyBranch Discontinuances