NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[37 Pa.B. 6760]
[Saturday, December 22, 2007]
[Saturday, December 22, 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 December 11, 2007.
BANKING INSTITUTIONS
Conversions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-7-07 | Quakertown National Bank Quakertown Bucks County | Quakertown | Approved | |
| To: | ||||
| QNB Bank Quakertown Bucks County | ||||
| Application for conversion from a Federally-chartered bank to a Pennsylvania State-chartered bank. | ||||
Section 112 Applications
| Date | Name of Individual | Location | Action | |
|---|---|---|---|---|
| 12-7-07 | Steven D. Hovde to acquire up to 13.4% of the common shares of Bucks County Bank, Doylestown. | Barrington, IL | Approved |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-11-07 | Fulton Bank, Lancaster, PA, and Resource Bank, Virginia Beach, VA Surviving Institution-- Fulton Bank, Lancaster, PA | Lancaster | Approved |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 11-26-07 | Parkvale Savings Bank Monroeville Allegheny County | 681 Clairton Boulevard Pittsburgh Allegheny County | Opened |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-3-07 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | To: | 6052 Ridge Avenue Philadelphia Philadelphia County | Effective |
| From: | 6060 Ridge Avenue Philadelphia Philadelphia County |
Branch Discontinuances
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 12-5-07 | Reliance Savings Bank Altoona Blair County | 3119 Pleasant Valley Boulevard Altoona Blair County | Filed |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Branch Applications
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 12-3-07 | Diamond Credit Union Pottstown Montgomery County | 6581--6591 West Perkiomen Avenue Exeter Township Berks County | Filed |
Articles of Amendment
| Date | Name of Credit Union | Purpose | Action | |
|---|---|---|---|---|
| 12-3-07 | Pittsburgh Teachers Credit Union Pittsburgh Allegheny County | Amendment to the 1st and 8th Articles of the Articles of Incorporation | Filed | |
| Amendment to the 1st Article of the Articles of Incorporation provides for a change in the name of the credit union to ''Riverset Credit Union''; Amendment to the 8th Article of the Articles of Incorporation provides for a change in the field of membership of the credit union to read as follows: ''Membership in Riverset Credit Union is open to employees and retired employees of the Pittsburgh Board of Education, Pittsburgh Mount Oliver Intermediate Unit, and this credit union; members of the immediate family or household of existing credit union members; spouses of deceased credit union members; occupational or associational groups as provided by law and with prior written approval of the Department of Banking; persons who live in the area of Pittsburgh, PA known as the South Side, bounded by the Ohio and Monongahela Rivers on the north beginning at the West End Bridge, running east to Becks Run Road on the south, Wagner Avenue, Mountain Avenue, Spring Street, Arlington Avenue and West Carson Street on the west, ending at the West End Bridge; persons who regularly work, worship, go to school, perform volunteer services, or participate in associations headquartered in the above area; persons participating in programs to alleviate poverty or distress which are located in the above area; incorporated and unincorporated organizations located in the above area or maintaining a facility in the above area.'' | ||||
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. 07-2357. Filed for public inspection December 21, 2007, 9:00 a.m.]
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