NOTICES
DEPARTMENT OF BANKING
Action on Applications
[34 Pa.B. 3427]
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 June 22, 2004.
BANKING INSTITUTIONS
Mutual Holding Company Reorganization
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 6-18-04 | First Savings Bank of Perkasie Perkasie Bucks County | Perkasie | Effective | |
| Represents reorganization into a mutual holding company to be known as FSB Mutual Holdings, Inc., Perkasie, PA, parent company of FSB Bankshares Corporation. First Savings Bank of Perkasie will be a wholly-owned subsidiary of FSB Bankshares Corporation, a newly-formed stock holding company, who in turn is a subsidiary of FSB Mutual Holdings, Inc., a newly-formed mutual holding company. | ||||
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 6-10-04 | Susquehanna Bancshares, Inc., Lititz, acquired 100% of the voting shares of Patriot Bank Corp., Pottstown, and so indirectly acquired Patriot Bank, Pottstown | Lititz | Effective | |
| 6-10-04 | National Penn Bancshares, Inc., Boyertown, acquired 100% of the voting shares of Peoples First, Inc., Oxford, and so indirectly acquired The Peoples Bank of Oxford, Oxford | Boyertown | Effective |
New Charters
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-18-04 | Penn Liberty Bank Wayne Delaware County | Wayne | Approved |
Conversions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-18-04 | First Savings Bank of Perkasie Perkasie Bucks County | Perkasie | Effective | |
| Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank in conjunction with the reorganization into a mutual holding company form of ownership listed previously. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-10-04 | Equity Bank, Marlton, NJ, and Patriot Bank, Pottstown, PA | Marlton, NJ | Effective | |
| Surviving Institution--Equity Bank, Marlton, NJ, with a subsequent change in title to Susquehanna Patriot Bank (refer to Holding Company Acquisitions) | ||||
| 6-11-04 | National Penn Bank, Boyertown, and The Peoples Bank of Oxford, Oxford | Boyertown | Effective | |
| Surviving Institution--National Penn Bank, Boyertown (refer to Holding Company Acquisitions) | ||||
| 6-14-04 | Mid Penn Bank Millersburg Dauphin County | Millersburg | Effective | |
| Purchase of certain assets/assumption of certain liabilities of one branch of Vartan National Bank, Dauphin | ||||
| Located at: *Allegheny and Swatara Streets Dauphin Dauphin County | ||||
| *Note: Mid Penn Bank will transfer the loans and deposits of the branch office to its existing office in Dauphin. Vartan National Bank will close the Allegheny and Swatara Streets office. | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-11-04 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Acme 501 East Evesham Road Runnemede Camden County, NJ | Opened | |
| 6-17-04 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Application to establish eight branch offices in Giant Supermarkets at the following locations: | Filed | |
| 3935 Perkiomen Avenue Reading Berks County | ||||
| 32nd Street and Trindle Road Camp Hill Cumberland County | ||||
| 255 South Spring Garden Street Carlisle Cumberland County | ||||
| 450 East Main Street Middletown Dauphin County | ||||
| 550 Centerville Road Lancaster Lancaster County | ||||
| 3175 Cape Horn Road Red Lion York County | ||||
| 2415 East Market Street York York County | ||||
| 1750 Loucks Road York York County |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
No activity.
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 04-1198. Filed for public inspection July 2, 2004, 9:00 a.m.]
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