NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[38 Pa.B. 1172]
[Saturday, March 8, 2008]
[Saturday, March 8, 2008]
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 February 26, 2008.
BANKING INSTITUTIONS
Section 112 Applications
| Date | Name of Group | Location | Action | |
|---|---|---|---|---|
| 2-25-2008 | The Snyder Group, Kittanning, to acquire up to 74.2% of Merchants Bancorp of Pennsylvania, Kittanning | Kittanning | Filed |
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 2-25-2008 | First Priority Financial Corp., Malvern, to acquire 100% of Prestige Community Bank, Newtown | Malvern | Approved |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-25-2008 | First Priority Bank, Malvern, and Prestige Community Bank, Newtown Surviving Institution: First Priority Bank, Malvern | Malvern | Approved |
Branch Applications
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 1-2-2008 | Valley Green Bank Philadelphia Philadelphia County | 23 West Highland Avenue Philadelphia Philadelphia County | Opened | |
| 2-21-2008 | Affinity Bank of Pennsylvania Wyomissing Berks County | South Temple Boulevard and 5th Street Highway Muhlenberg Berks County | Filed | |
| 2-22-2008 | Northwest Savings Bank Warren Warren County | 1632 Empire Boulevard Webster Monroe County, NY | Filed | |
| 2-22-2008 | Northwest Savings Bank Warren Warren County | 125 Emeryville Drive Suite 100 Cranberry Township Butler County | Filed | |
| 2-25-2008 | American Bank Allentown Lehigh County | 4261 Freemansburg Avenue Bethlehem Northampton County | Approved |
Branch Relocations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 2-25-2008 | Citizens Bank of Pennsylvania Philadelphia Philadelphia County | To: | 780 South Valley Forge Road Lansdale Montgomery County | Approved |
| From: | 1601 South Valley Forge Road Lansdale Montgomery County |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Conversions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 2-13-2008 | Lancaster Postal Employees Credit Union Lancaster Lancaster County | Lancaster | Effective | |
| Conversion from a Pennsylvania State-chartered credit union to a Federally-chartered credit union to be known as Lancaster Postal Employees Federal Credit Union. | ||||
Community Charter Conversions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 2-13-2008 | Superior Credit Union Collegeville Montgomery County | Collegeville | Filed | |
| The credit union proposes to amend its Articles of Incorporation to serve a field of membership limited to the following community: All people who live, work, worship, attend school in, and businesses and other legal entities in Montgomery County, PA. | ||||
Consolidations, Mergers and Absorptions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 2-20-2008 | TruMark Financial Credit Union, Trevose, and Local 98 IBEW Federal Credit Union, Philadelphia Surviving Credit Union: TruMark Financial Credit Union, Trevose | Trevose | Approved | |
| 2-25-2008 | Pennsylvania State Employees Credit Union, Harrisburg, and Rite Aid Employees Credit Union, Camp Hill Surviving Credit Union: Pennsylvania State Employees Credit Union, Harrisburg | Harrisburg | Approved |
Articles of Amendment
| Date | Name of Credit Union | Purpose | Action | |
|---|---|---|---|---|
| 2-25-2008 | Binney & Smith Inc. Easton Employees Credit Union Easton Northampton County | Amendment to Article 1 of the Articles of Incorporation provides for a change of the name of the credit union from ''Binney & Smith Inc. Easton Employees Credit Union'' to ''Crayola LLC Employees Credit Union.'' | Approved and Effective | |
| 2-25-2008 | Callery Credit Union Mars Butler County | Amendment to the Article 1 of the Articles of Incorporation provides for a change of the name of the credit union from ''Callery Credit Union'' to ''Southern Butler County Community Credit Union.'' | Approved and Effective |
The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.
STEVEN KAPLAN,
Secretary
[Pa.B. Doc. No. 08-399. Filed for public inspection March 7, 2008, 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.