NOTICES
DEPARTMENT OF BANKING
Action on Applications
[36 Pa.B. 6416]
[Saturday, October 21, 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 October 10, 2006.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | | Location | Action |
| 10-5-06 | Conestoga Bancorp, Inc., Chester Springs, to acquire 100% of the voting shares of PSB Bancorp, Inc., Philadelphia, under the provisions of section 115 of the Banking Code of 1965 | | Chester Springs | Filed |
New Charter Applications
| Date | Name of Bank | | Location | Action |
| 10-6-06 | Vantage Point Bank Fort Washington Montgomery County | | Fort Washington | Filed |
| Correspondent: |
| Walter L. Tillman, Jr. 1300 Cedar Hill Road Lower Gwynedd, PA 19002 |
Conversions
| Date | Name of Bank | | Location | Action |
| 10-3-06 | Luzerne National Bank Luzerne Luzerne County | | Luzerne | Filed |
| To: |
| Luzerne Bank Luzerne Luzerne County |
| Application represents request to convert from a National banking association to a State-chartered bank and trust company. |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | | Location | Action |
| 10-4-06 | Reliance Savings Bank Altoona Blair County | | Altoona | Approved |
| Purchase of assets/assumption of liabilities of two branch offices of Susquehanna Bank, Hagerstown, MD Located at: |
| 1254 Old Route 220 North Duncansville Blair County | | 3119 Pleasant Valley Boulevard Altoona Blair County |
| 10-5-06 | Fulton Bank Lancaster Lancaster County | | Lancaster | Approved |
| Purchase of essentially all the assets and assumption of essentially all the liabilities of Premier Bank, Doylestown, Bucks County, PA. Both institutions are wholly owned subsidiaries of Fulton Financial Corporation, Lancaster, PA. |
| 10-5-06 | Mid Penn Bank Millersburg Dauphin County | | Millersburg | Approved |
| Purchase of assets/assumption of liabilities of two branch offices of Omega Bank, State College. Located at: |
| 51 South Front Street Steelton Dauphin County | | 1100 Spring Garden Drive Middletown Dauphin County |
| 10-5-06 | Conestoga Bank, Chester Springs and First Penn Bank, Philadelphia Surviving Institution-- Conestoga Bank, Chester Springs | | Chester Springs | Filed |
| 10-10-06 | Graystone Interim Bank, Lancaster, and Graystone Bank, Lancaster Surviving Institution-- Graystone Interim Bank, Lancaster, with a change in corporate title to Graystone Bank | | Lancaster | Effective |
| As of the effective date of the merger, Graystone Bank, will become a wholly owned subsidiary of Graystone Financial Corp., Lancaster, a newly formed bank holding company. |
Branch Applications
| Date | Name of Bank | | Location | Action |
| 10-2-06 | Abington Savings Bank Jenkintown Montgomery County | | Maris Grove Retirement Community 100 Maris Grove Way Glen Mills Delaware County (Limited Service Facility) | Opened |
| 10-3-06 | CommunityBanks Millersburg Dauphin County | | 915 West Postal Road Douglassville Amity Township Berks County | Filed |
| 10-4-06 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | | 400 Adams Shoppes Mars Butler County | Approved |
| 10-4-06 | Farmers and Merchants Trust Company of Chambersburg Chambersburg Franklin County | | Carlisle Crossing Shopping Center Carlisle Cumberland County | Approved |
| 10-4-06 | Royal Asian Bank Philadelphia Philadelphia County | | 232 Broad Avenue Palisades Park Bergen County, NJ | Approved |
| 10-5-06 | Northwest Savings Bank Warren Warren County | | West 4th Street (State Route 22/522) Granville Township Mifflin County | Approved |
| 10-5-06 | First Priority Bank Malvern Chester County | | 1200 Broadcasting Road Wyomissing Berks County | Filed |
| 10-6-06 | Stonebridge Bank Exton Chester County | | 319 East Street Road Warminster Bucks County | Approved |
Branch Discontinuances
| Date | Name of Bank | | Location | Action |
| 8-18-06 | Union Bank and Trust Company Pottsville Schuylkill County | | Weis Supermarket Route 61 and St. Clair Avenue Pottsville Schuylkill County | Filed |
| 10-6-06 | Omega Bank State College Center County | | Two branche offices Located at: | Approved |
| | | 51 South Front Street Steelton Dauphin County |
| | | 1100 Spring Garden Drive Middletown Dauphin County |
| 10-6-06 | Stonebridge Bank Exton Chester County | | 408 Lakeside Drive Southampton Bucks County | Approved |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Branch Applications
| Date | Name of Credit Union | | Location | Action |
| 10-4-06 | Belco Community Credit Union Harrisburg Dauphin County | | 1758 Oregon Pike Lancaster Lancaster County | Approved |
Change of Principal Place of Business
| Date | Name of Credit Union | | Location | Action |
| 10-6-06 | Philadelphia Post Office Employees' Credit Union Philadelphia Philadelphia County | From: | 2970 Market Street Philadelphia Philadelphia County | Approved and Effective |
| | To: | 401 Baily Road Yeadon Delaware County |
The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.
VICTORIA A. REIDER,
Acting Secretary
[Pa.B. Doc. No. 06-2062. Filed for public inspection October 20, 2006, 9:00 a.m.]
No part of the information on this site may be reproduced for profit or sold for profit.
This material has been drawn directly from the official
Pennsylvania Bulletin full text database.
Due to the limitations of HTML or differences in display capabilities
of different browsers, this version may differ slightly from the
official printed version.
webmaster@PaBulletin.com