NOTICES
DEPARTMENT OF BANKING
Action on Applications
[34 Pa.B. 2715]
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 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 May 11, 2004.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 5-11-04 | National Penn Bancshares, Inc., Boyertown, to acquire 100% of the voting shares of Peoples First, Inc., Oxford, and so indirectly acquire The Peoples Bank of Oxford, Oxford | Boyertown | Approved |
Mutual Holding Company Reorganization
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 5-11-04 | Beneficial Mutual Savings Bank Philadelphia Philadelphia County | Philadelphia | Approved | |
| Application represents reorganization in a mutual holding company to be known as Beneficial Savings Bank MHC. | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 5-3-04 | Embassy Bank for the Lehigh Valley Bethlehem | 4140 West Tilghman Street Allentown Lehigh County | Opened | |
| 5-4-04 | NOVA Savings Bank Philadelphia Philadelphia County | 1235 Westlake Drive Berwyn Chester County | Filed | |
| 5-4-04 | NOVA Savings Bank Philadelphia Philadelphia County | 31-33 Lincoln Highway Malvern Chester County | Filed | |
| 5-5-04 | Community Banks Millersburg Dauphin County | 500 North Main Street Spring Grove York County | Filed | |
| 5-10-04 | Indiana First Savings Bank Indiana Indiana County | 915 Route 22 Highway West Blairsville Burrell Township Indiana County | Approved | |
| 5-10-04 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Acme 501 East Evesham Road Runnemede Camden County, NJ | Approved | |
| 5-10-04 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Acme 175 Route 70 Medford Burlington County, NJ | Approved | |
| 5-10-04 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Acme 531 High Street Mt. Holly Burling County, NJ | Approved | |
| 5-10-04 | 1st Summit Bank Johnstown Cambria County | Wal-Mart 150 Town Centre Drive Johnstown Richland Township Cambria County | Approved |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 5-3-04 | Patriot Bank Pottstown Montgomery County | To: | 3101 Shillington Road Sinking Spring Berks County | Effective |
| From: | 155 Shillington Road Sinking Spring Berks County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 4-30-04 | Northwest Savings Bank Warren Warren County | 24 West Orange Street Lancaster Lancaster County | Effective | |
| 5-10-04 | United Bank of Philadelphia Philadelphia Philadelphia County | 2 Penn Center 15th and JFK Boulevard Philadelphia Philadelphia County | Approved |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Articles of Amendment
| Date | Name of Credit Union | Purpose | Action | |
|---|---|---|---|---|
| 5-11-04 | Local #38 and Associates Credit Union Milton Northumberland County | Amendment to Article 1 provides for a change in corporate title to NU Community Credit Union. | Approved and Effective | |
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 04-906. Filed for public inspection May 21, 2004, 9:00 a.m.]
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