NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[38 Pa.B. 6507]
[Saturday, November 29, 2008]
[Saturday, November 29, 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 November 18, 2008.
Under section 503.E of the Department of Banking Code (71 P. S. § 733-503.E), any person wishing to comment on the following applications, with the exception of branch applications, may file their comments in writing with the Department of Banking, Corporate Applications Division, 17 North Second Street, Suite 1300, Harrisburg, PA 17101-2290. Comments must be received no later than 30 days from the date notice of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection during regular business hours. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.
BANKING INSTITUTIONS
Section 112 Applications
| Date | Name of Individual | Location | Action | |
|---|---|---|---|---|
| 11-14-2008 | William Kronenberg, III, to acquire up to 16.67% of preferred stock of New Century Bank, Phoenixville | Phoenixville | Filed | |
| 11-14-2008 | Kenneth B. and Moira F. Mumma to acquire up to 16.67% of preferred stock of New Century Bank, Phoenixville | Phoenixville | Filed | |
| 11-14-2008 | John J. and Doris Sickler to acquire up to 13.33% of preferred stock of New Century Bank, Phoenixville | Phoenixville | Filed | |
| 11-14-2008 | T. Lawrence Way to acquire up to 16.67% of preferred stock of New Century Bank, Phoenixville | Phoenixville | Filed |
Holding Company Acquisitions
| Date | Name of Corporation | Location | Action | |
|---|---|---|---|---|
| 11-10-2008 | NOVA Financial Holdings, Inc., Berwyn, acquired 100% of Pennsylvania Business Bank, Philadelphia | Berwyn | Effective |
Consolidations, Mergers and Absorptions
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 11-10-2008 | Pennsylvania Business Bank, Philadelphia, and NOVA Interim Bank, Berwyn Surviving Institution: Pennsylvania Business Bank, Philadelphia | Philadelphia | Effective | |
| 11-11-2008 | Embassy Bank for the Lehigh Valley, Bethlehem, and Embassy Interim Bank, Bethlehem Surviving Institution: Embassy Interim Bank, Bethlehem, with the surviving institution continuing under the name ''Embassy Bank for the Lehigh Valley'' | Bethlehem | Effective | |
| As a result of the previously mentioned merger, Embassy Bank for the Lehigh Valley, Bethlehem, became a wholly-owned subsidiary of Embassy Bancorp, Inc., Bethlehem. | ||||
Branch Applications
De Novo Branches
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 10-17-2008 | Affinity Bank of Pennsylvania Wyomissing Berks County | 4200 North 5th Street Highway Temple Berks County | Opened | |
| 10-21-2008 | Clarion County Community Bank Clarion Clarion County | 592 Main Street Rimersburg Clarion County | Opened | |
| 11-3-2008 | Meridian Bank Devon Chester County | 60 East Uwchlan Avenue Lionville Chester County | Opened | |
| 11-10-2008 | Luzerne Bank Luzerne Luzerne County | Routes 118 and 415 Dallas Luzerne County | Opened | |
| 11-13-2008 | QNB Bank Quakertown Bucks County | 1091 Millcreek Road Allentown Lehigh County | Approved |
Branch Consolidations
| Date | Name of Bank | Location | Action | |
|---|---|---|---|---|
| 11-18-2008 | First Columbia Bank & Trust Co. Bloomsburg Columbia County | Into: | 232 East Street Bloomsburg Columbia County | Filed |
| From: | 11 West Main Street Bloomsburg Columbia County |
Articles of Amendment
| Date | Name of Bank | Purpose | Action | |
|---|---|---|---|---|
| 11-14-2008 | Public Savings Bank Huntingdon Valley Montgomery County | Articles of Amendment provide for the Articles of Incorporation to be amended and restated in their entirety. | Filed |
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Community Charter Conversions
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 10-23-2008 | Penn Drake Credit Union Karns City Butler County | Karns City | 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 Butler County, in the Commonwealth of Pennsylvania. | ||||
Change of Principal Place of Business
| Date | Name of Credit Union | Location | Action | |
|---|---|---|---|---|
| 11-18-2008 | Swindell Dressler Credit Union Pittsburgh Allegheny County | To: | 555 Grant Street Suite 375 Pittsburgh, PA 15219 Allegheny County | Effective |
| From: | 441 Smithfield Street Pittsburgh, PA 15222 Allegheny County |
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. 08-2153. Filed for public inspection November 28, 2008, 9:00 a.m.]
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