Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 11-448

NOTICES

DEPARTMENT OF BANKING

Actions on Applications

[41 Pa.B. 1464]
[Saturday, March 19, 2011]

 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 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending March 1, 2011.

 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 regarding receipt 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, by appointment only, during regular business hours. To schedule an appointment, contact the Corporate Applications Division at (717) 783-2253. 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 Acquisitions

Date Name and Location of Applicant Action
2-25-2011 Kieran Goodwin Filed
Application for approval to acquire up to 35.3% of the common stock of Colonial American Bank, Horsham.
2-25-2011 The Snyder Group Filed
Application for approval to acquire up to 51.0% of the common stock of NexTier, Inc., Butler.

Holding Company Acquisitions

Date Name and Location of Applicant Action
2-24-2011 Northwest Bancshares, Inc.
Warren
Warren County
Approval
Rescinded
Application for approval to acquire 100% of NexTier, Inc., Butler, and thereby indirectly acquire 100% of NexTier Bank, National Association, Butler.

Consolidations, Mergers, and Absorptions

Date Name and Location of Applicant Action
2-24-2011 Northwest Savings Bank
Warren
Warren County
Approval
Rescinded
Application for approval to merge NexTier Bank, National Association, Butler, with and into Northwest Savings Bank, Warren.

Branch Applications

Branch Relocations

Date Name and Location of Applicant Location of Branch Action
2-23-2011 Royal Asian Bank
Philadelphia
Philadelphia County
To:449 Broad Avenue
Palisades Park
Bergen County, NJ
Filed
From: 232 Broad Avenue
Palisades Park
Bergen County, NJ
2-23-2011 Royal Asian Bank
Philadelphia
Philadelphia County
To: 154-04 Northern Boulevard
Flushing
Queens County, NY
Filed
From: 136-52 39th Avenue
Flushing
Queens County, NY

Branch Discontinuances

Date Name and Location of Applicant Location of Branch Action
2-15-2011 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Cinnaminson Acme
1103 Route 130 South
Cinnaminson
Burlington County, NJ
Closed
2-15-2011 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Moorestown Acme
350 Young Avenue
Moorestown
Burlington County, NJ
Closed
2-16-2011 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Limerick Acme
31 West Ridge Pike
Limerick
Montgomery County
Closed
2-18-2011 Reliance Savings Bank
Altoona
Blair County
1824 South Atherton Street
State College
Centre County
Filed
2-18-2011 Royal Asian Bank
Philadelphia
Philadelphia County
7001 West Chester Pike
Upper Darby
Delaware County
Filed

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

 The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.

PAUL WENTZEL, 
Acting Secretary

[Pa.B. Doc. No. 11-448. Filed for public inspection March 18, 2011, 9:00 a.m.]



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