DEPARTMENT OF BANKING
Actions on Applications
[38 Pa.B. 617]
[Saturday, February 2, 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 January 15, 2008.
Holding Company Acquisitions
Date Name of Corporation Location Action 1-10-08 National Penn Bancshares, Inc., Boyertown, to acquire 100% of KNBT Bancorp, Inc., Bethlehem, and thereby indirectly acquire Keystone Nazareth Bank & Trust Company, Bethlehem, which will merge with and into National Penn Bank, Boyertown, a wholly-owned subsidiary of National Penn Bancshares, Inc. Boyertown Filed
Section 112 Applications
Date Name of Corporation Location Action 1-11-08 Boston Private Financial Holdings, Inc., Boston, MA, to acquire 80.1% of Davidson Trust Company, Devon, PA Boston, MA Approved Date Name of Individual Location Action 12-26-07 Steven D. Hovde to acquire up to 13.4% of the common shares of Bucks County Bank, Doylestown Barrington, IL Effective
Date Name of Bank Location Action 1-10-08 Graystone Bank
Quentin Road, near Rocherty Road
Approved 1-10-08 Graystone Bank
1705 North Atherton Street
Date Name of Credit Union Location Action 1-10-08 Superior Credit Union Collegeville
To: 434 Main Street
Approved From: 308 Main Street, Rear
The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.
[Pa.B. Doc. No. 08-181. Filed for public inspection February 1, 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.