Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 12-486

NOTICES

Actions on Applications

[42 Pa.B. 1383]
[Saturday, March 17, 2012]

 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 6, 2012.

 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

Holding Company Acquisitions

Date Name and Location of Applicant Action
3-1-2012 Beneficial Mutual Bancorp, Inc.
Philadelphia
Philadelphia County
Approved
Application for approval to acquire 100% of SE Financial Corp., Philadelphia, and thereby indirectly acquire 100% of St. Edmond's Federal Savings Bank, Philadelphia.

Consolidations, Mergers, and Absorptions

Date Name and Location of Applicant Action
3-1-2012 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
Approved
Application for approval to merge St. Edmond's Federal Savings Bank, Philadelphia, with and into Beneficial Mutual Savings Bank, Philadelphia.

Branch Applications

De Novo Branches

Date Name and Location of Applicant Location of Branch Action
3-5-2012 Somerset Trust Company
Somerset
Somerset County
4634 National Pike
Markleysburg
Fayette County
Filed
3-6-2012 Allegheny Valley Bank of Pittsburgh
Pittsburgh
Allegheny County
3474 William Penn Highway
Pittsburgh
Allegheny County
Approved
3-6-2012 Peoples State Bank of Wyalusing
Wyalusing
Bradford County
802 Hunter Highway
Tunkhannock
Wyoming County
Approved

Branch Relocations

Date Name and Location of Applicant Location of Branch Action
2-24-2012 Northwest Savings Bank
Warren
Warren County
To: 2200 South Atherton Drive
State College
Centre County
Effective
From: 611 University Drive
State College
Centre County

Branch Consolidations

Date Name and Location of Applicant Location of Branch Action
3-1-2012 Citizens Bank of Pennsylvania Philadelphia
Philadelphia County
Into: 4101 Carlisle Pike
Camp Hill
Cumberland County
Approved
From: 3301 Trindle Road
Camp Hill
Cumberland County

Branch Discontinuances

Date Name and Location of Applicant Location of Branch Action
3-1-2012 Citizens Bank of PA
Philadelphia
Philadelphia
255 Cumberland Parkway
Mechanicsburg
Cumberland County
Approved

Articles of Amendment

Date Name and Location of Institution Action
3-6-2012 Miners Bank
Minersville
Schuylkill County
Approved and Effective
Amendment to Article III of the institution's Articles of Incorporation is restated in its entirety to eliminate Trust Powers.

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers, and Absorptions

Date Name and Location of Applicant Action
2-29-2012 Freedom Credit Union
Warminster
Bucks County
Filed
Application for approval to merge McKinley Memorial Federal Credit Union, Willow Grove, with and into Freedom Credit Union, Warminster.

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

GLENN E. MOYER, 
Secretary

[Pa.B. Doc. No. 12-486. Filed for public inspection March 16, 2012, 9:00 a.m.]



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