NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[37 Pa.B. 5611]
[Saturday, October 20, 2007]
[Saturday, October 20, 2007]
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 2, 2007.
BANKING INSTITUTIONS
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 9-27-07 | Susquehanna Bancshares, Inc., Lititz, to acquire 100% of the voting shares of Community Banks, Inc., Harrisburg | Lititz | Approved | |
| 10-1-07 | Harleysville National Corporation, Harleysville, to acquire 100% of East Penn Financial Corporation, Emmaus, and so indirectly acquire East Penn Bank, Emmaus, which will be merged with and into The Harleysville National Bank and Trust Company, Harleysville (a wholly-owned subsidiary of Harleysville National Corporation). | Harleysville | Approved |
Mutual Holding Company Reorganization
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-1-07 | North Penn Bank Scranton Lackawanna County | Scranton | Effective | |
| North Penn Bank (the Bank) has reorganized from a mutual holding company structure to a stock holding company structure. To effect the reorganization, the Bank created three interim Federal savings banks, which were merged with and into the Bank effective October 1, 2007. The resulting structure is a stock Federal thrift holding company, New North Penn Bancorp, Inc., which owns all of the shares of the Bank. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-20-07 | Federated Investors Trust Company of PA, Pittsburgh, and Federated Investors Trust Company, Sicklerville, NJ Surviving Institution-- Federated Investors Trust Company of PA, Pittsburgh | Pittsburgh | Filed | |
| Merger will complete the conversion from a New Jersey State-chartered institution to a Pennsylvania State-chartered trust company. | ||||
| 9-27-07 | Elderton State Bank, Elderton, and Elderton Interim Bank, Elderton Surviving Institution-- Elderton State Bank, Elderton | Elderton | Approved | |
| Merger is in conjunction with the reorganization of Elderton State Bank to create a bank holding company structure. Elderton State Bank will become the wholly-owned subsidiary of Keystrong Financial, Inc., a new holding company in formation. | ||||
| 9-27-07 | Susquehanna Bank PA, Lititz, and CommunityBanks, Millersburg Surviving Institution-- Susquehanna Bank PA, Lititz | Lititz | Approved | |
| 10-1-07 | Susquehanna Bank PA Lititz Lancaster County | Lititz | Approved | |
| Purchase of assets/assumption of liabilities of four branch offices of Susquehanna Bank DV, Bryn Mawr, located at: | ||||
| 2228 State Hill Road Wyomissing Berks County | 4930 5th Street Highway Temple Berks County | |||
| 4915 Perkiomen Avenue Reading Berks County | 46 West Main Street Fleetwoood Berks County | |||
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-10-07 | Mid Penn Bank Millersburg Dauphin County | 2101 Market Street Camp Hill Cumberland County | Opened | |
| 10-1-07 | First Commonwealth Bank Indiana Indiana County | 5853 Forbes Avenue Pittsburgh Allegheny County | Approved | |
| 10-2-07 | Mifflinburg Bank and Trust Company Mifflinburg Union County | 214 Vine Street New Berlin Union County | Approved |
Branch Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | Into: | 4930 5th Street Highway Temple Berks County | Approved |
| From: | 5318 Allentown Pike Temple Berks County | |||
| (Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz, and the proposed purchase of assets/assumption of liabilities of the surviving branch from Susquehanna Bank DV, Bryn Mawr) | ||||
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | Into: | 3199 Cape Horn Road Red Lion York County | Approved |
| From: | 3090 Cape Horn Road Red Lion York County | |||
| (Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz) | ||||
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | Into: | 1205 Carlisle Road York York County | Approved |
| From: | 2170 White Street York York County | |||
| (Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz) | ||||
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | Into: | 200 Willow Valley Lakes Drive Willow Street Lancaster County | Approved |
| From: | 90 Willow Valley Lakes Drive Willow Street Lancaster County | |||
| (Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz) | ||||
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | Into: | 1 Market Way East York York County | Approved |
| From: | 16 North George Street York York County | |||
| (Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz) | ||||
| 10-2-07 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | Into: | 338 West DeKalb Pike King of Prussia Montgomery County | Approved |
| From: | 608 DeKalb Pike King of Prussia Montgomery County | |||
| 10-2-07 | S & T Bank Indiana Indiana County | Into: | 3884 Route 30E Latrobe Westmoreland County | Approved |
| From: | 100 Colony Lane Latrobe Westmoreland County | |||
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | 2228 State Hill Road Wyomissing Berks County | Approved | |
| (Branch discontinuance pending the proposed purchase of assets/assumption of liabilities of the branch from Susquehanna Bank DV, Bryn Mawr) | ||||
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | 10 South Main Street Spring Grove York County | Approved | |
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | 2894 North Susquehanna Trail Shamokin Dam Snyder County | Approved | |
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | 128 Toddy Drive East Earl Lancaster County | Approved | |
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | 55 Wetzel Drive Hanover York County | Approved | |
| (Branch discontinuance pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz) | ||||
| 9-27-07 | Susquehanna Bank PA Lititz Lancaster County | 1 East Harrisburg Street Dillsburg York County | Approved | |
| (Branch discontinuance pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz) | ||||
| 10-2-07 | S & T Bank Indiana Indiana County | Delmont Wal-Mart 6700 Hollywood Boulevard Delmont Westmoreland County | Approved | |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 10-1-07 | North Penn Bank Scranton Lackawanna County | Amendment to Article X of the Articles of Incorporation provides for establishing and maintaining a liquidation account for the benefit of the bank's savings account holders. | Approved and Effective |
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.
STEVEN KAPLAN,
Secretary
[Pa.B. Doc. No. 07-1901. Filed for public inspection October 19, 2007, 9:00 a.m.]
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