1603 Actions on applications  

  • Actions on Applications

    [41 Pa.B. 4986]
    [Saturday, September 17, 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 August 30, 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, at 17 North Second Street, Suite 1300, Harrisburg, Pennsylvania 17101-2290. Comments must be received no later than thirty (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

    Conversions

    Date Name and Location of Applicant Action
    9-2-2011 From: Third Federal Bank
    Newtown
    Bucks County
    Filed
    To: Third Bank
    Newtown
    Bucks County
    Application for approval to convert from a Federal stock savings bank to state-chartered stock savings bank.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    8-15-2011 First Savings Bank of Perkasie
    Perkasie
    Bucks County
    3969 Durham Road
    Buckingham Township
    Bucks County
    Opened
    8-30-2011 Customers Bank
    Phoenixville
    Chester County
    102 South Ridge Street
    Rye Brook
    Westchester County, NY
    Filed

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    9-6-2011 Northwest Savings Bank
    Warren
    Warren County
    104 North Centre Street
    Pottsville
    Schuylkill County
    Approved

    Articles of Amendment

    Date Name and Location of Institution Action
    9-6-2011 Milestone Bank
    Doylestown
    Bucks County
    Approved and Effective
    Amendment to Article VI of the institution's Articles of Incorporation provides for the issuance of preferred stock.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Articles of Amendment

    Date Name and Location of Institution Action
    9-6-2011 Belco Community Credit Union
    Harrisburg
    Dauphin County
    Approved and Effective
    Amendment to Article IV part 2 of the credit union's Articles of Incorporation provides for a statement that the credit union is organized and operated as a nonprofit corporation.

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

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 11-1603. Filed for public inspection September 16, 2011, 9:00 a.m.]

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