NOTICES
DEPARTMENT OF BANKING
Action on Applications
[36 Pa.B. 4017]
[Saturday, July 29, 2006]
[Saturday, July 29, 2006]
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 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 July 18, 2006.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 7-14-06 | Parke Bancorp, Inc., Washington Township, NJ, to acquire 100% of the shares of Parke Interim Bank, Philadelphia, PA | Washington Township New Jersey | Effective |
New Bank Charters
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-17-06 | Royal Asian Bank Philadelphia Philadelphia County | 6331 Castor Avenue Philadelphia Philadelphia County | Commenced Operations |
Interim Bank Charters
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-14-06 | Parke Interim Bank Philadelphia Philadelphia County | Philadelphia | Effective | |
| The interim bank is being effected for the sole purpose of permitting Parke Bank, Washington Township, NJ, to expand its branch operations into this Commonwealth. Immediately following its incorporation it will be acquired by Parke Bancorp, Inc. and merged with and into Parke Bank, the holding company's banking subsidiary. | ||||
Section 112 Applications
| Date | Name of Individual | Action | ||
|---|---|---|---|---|
| 7-17-06 | Paul J. Coviello to acquire up to 28.0% of the shares of common stock of Landmark Community Bank, Pittston, PA, under section 112 of the Banking Code of 1965 | Approved | ||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-17-06 | Royal Asian Bank Philadelphia Philadelphia County | Philadelphia | Effective | |
| Purchase of assets/assumption of liabilities of four branch offices of Royal Bank America, Narberth | ||||
| Located at: | ||||
| 7001 West Chester Pike Upper Darby Delaware County | 418 Oak Lane Road Philadelphia Philadelphia County | |||
| 6526 Castor Avenue Philadelphia Philadelphia County | 1550 Lemoine Avenue Fort Lee Bergen County, NJ | |||
| 7-17-06 | CommunityBanks, Millersburg and Sentry Trust Company, Chambersburg Surviving Institution-- CommunityBanks, Millersburg | Millersburg | Filed | |
| 7-18-06 | Centra Bank--Smithfield (Interim Bank in Organization), Smithfield, and Smithfield State Bank of Smithfield, PA, Smithfield Surviving Institution-- Centra Bank-Smithfield, Smithfield | Smithfield | Filed | |
| The application is being filed to facilitate the acquisition of Smithfield State Bank by Centra Financial Holdings, Inc., Morgantown, WV. | ||||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 6-12-06 | Orrstown Bank Shippensburg Cumberland County | 308 Carolle Street Greencastle Franklin County | Opened | |
| 7-7-06 | Fulton Bank Lancaster Lancaster County | 116 West Market Street West Chester Chester County | Opened | |
| 7-12-06 | First Star Savings Bank Bethlehem Lehigh County | 6302 Route 309 New Tripoli Lehigh County | Filed | |
| 7-17-06 | Peoples State Bank of Wyalusing Wyalusing Bradford County | 205 West Lockhart Street Sayre Bradford County | Approved | |
| 7-17-06 | Berkshire Bank Wyomissing Berks County | Crestwood East Office Park Lots Nos. 1 and 2 Neversink and Hearthstone Court Reading Exeter Township Berks County | Approved |
Branch Relocations/Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 7-11-06 | S & T Bank Indiana Indiana County | Into: | 800 Philadelphia Street Indiana Indiana County | Filed |
| From: | 501 Philadelphia Street Indiana Indiana County | |||
| 7-12-06 | S & T Bank Indiana Indiana County | to: | Corner of Logan Blvd. and Dewey Street Altoona Blair County | Approved |
| From: | 208 West Plank Rd. Altoona Blair County |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
No activity.
The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 06-1448. Filed for public inspection July 28, 2006, 9:00 a.m.]
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