1436 Actions on applications ?

Actions on Applications

[40 Pa.B. 4398]
[Saturday, August 7, 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 July 27, 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
7-27-2010	Michael G. Crofton			Approved
	Application for approval to acquire up to 24.99% of the common stock of The Philadelphia Trust Company, Philadelphia.
7-27-2010	Robert G. Thomson			Approved
	Application for approval to acquire up to 24.99% of the common stock of The Philadelphia Trust Company, Philadelphia.

Consolidations, Mergers, and Absorptions

Date	Name and Location of Applicant			Action
7-26-2010	Citizens & Northern Bank Wellsboro Tioga County			Approved
	Application for approval to merge First State Bank, Canisteo, NY, with and into Citizens & Northern Bank, Wellsboro, PA.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
7-19-2010	Republic First Bank Philadelphia Philadelphia County		30 Kings Highway East Haddonfield Camden County, NJ	Opened
7-23-2010	New Century Bank Phoenixville Chester County		1015 Penn Avenue Wyomissing Berks County	Approved

Articles of Amendment

Date	Name and Location of Institution			Action
7-27-2010	Monument Bank Doylestown Bucks County			Approved and Effective
	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

No activity.

 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. 10-1436. Filed for public inspection August 6, 2010, 9:00 a.m.]