NOTICES
DEPARTMENT OF BANKING
Action on Applications
[35 Pa.B. 5694]
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 9, 2002 (P. L. 1572, No. 207), known as the Credit Union Code, has taken the following action on applications received for the week ending October 4, 2005.
BANKING INSTITUTIONS
New Charter Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-4-05 | Valley Forge Trust Company King of Prussia Montgomery County | 120 South Warner Road King of Prussia Montgomery County | Approved | |
| 10-4-05 | Royal Asian Bank Philadelphia Philadelphia County | 6331 Castor Avenue Philadelphia Philadelphia County | Approved | |
| Royal Asian Bank has been operated as a division of Royal Bank America, Narberth, wholly-owned subsidiary of Royal Bancshares of Pennsylvania, Inc. Royal Asian Bank will become a separately chartered Pennsylvania nonmember bank and wholly-owned bank subsidiary of Royal Bancshares of Pennsylvania, Inc. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-30-05 | Standard Bank, PaSB, Monroeville, and Hoblitzell National Bank of Hyndman, Hyndman Surviving Institution--Standard Bank, PaSB, Monroeville | Monroeville | Filed | |
| 10-4-05 | Royal Asian Bank (In Organization) Philadelphia Philadelphia County | Philadelphia | Approved | |
| Purchase of assets/assumption of liabilities of four branch offices of Royal Bank America, Narberth | ||||
| Located at: | ||||
| 6526 Castor Avenue Philadelphia Philadelphia County | ||||
| 7001 West Chester Pike Upper Darby Delaware County | ||||
| 418 Oak Lane Road Philadelphia Philadelphia County | ||||
| 1550 Lemoine Avenue Fort Lee Bergen County, NJ | ||||
| This transaction is part of the reorganization on the part of Royal Bancshares of Pennsylvania, Inc. and separate charter of Royal Asian Bank (see ''New Charter Applications'' previously listed). | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-28-05 | Nesquehoning Savings Bank Nesquehoning Carbon County | 113 East Water Street Coaldale Schuylkill County | Filed | |
| 10-3-05 | Orrstown Bank Shippensburg Cumberland County | 308 Carolle Street Greencastle Franklin County | Approved | |
| 10-3-05 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Shadyside Giant Eagle 5550 Centre Avenue Pittsburgh Allegheny County | Approved |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-3-05 | Lebanon Valley Farmers Bank Myerstown Lebanon County | To: | Southeast Corner of Route 422 and Locust Street Myerstown Lebanon County | Filed |
| From: | Main and Locust Streets Myerstown Lebanon County and | |||
| From: | 297 West Lincoln Avenue Myerstown Lebanon County |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 9-29-05 | Atlantic Central Bankers Bank Camp Hill Cumberland County | The purpose of the Articles of Amendment is to remove ''Pennsylvania Independent Bank'' from Articles Third, Ninth and Tenth of the Articles of Incorporation and wherever else it appears in the Articles of Incorporation and insert ''Atlantic Central Bankers Bank'' in its place. | Approved and Effective | |
| 10-3-05 | Tioga-Franklin Savings Bank Philadelphia Philadelphia County | Amendment to Article II of the Articles of Incorporation provides for a change in the location and address of the bank's principal place of business from 326 East Girard Avenue to 320 East Girard Avenue, both addresses in Philadelphia, Philadelphia County. |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Branch Applications
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 10-3-05 | TruMark Financial Credit Union Trevose Bucks County | 515 Old York Road Jenkintown Montgomery County | Approved |
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 05-1902. Filed for public inspection October 14, 2005, 9:00 a.m.]
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