NOTICES
DEPARTMENT OF BANKING
Action on Applications
[33 Pa.B. 5205] The Department of Banking, 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 October 7, 2003.
BANKING INSTITUTIONS
Holding Company Acquisitions
Date Name of Corporation Location Action 9-30-03 National Penn Bancshares, Inc.,
Boyertown, to acquire 100% of
voting shares of HomeTowne
Heritage Bank, LancasterBoyertown Filed 10-3-03 Citizens Financial Group, Inc.,
Providence, RI, to
acquire 100% of the voting shares of
Thistle Group Holdings, Co.,
Philadelphia, PAProvidence, RI Filed 10-4-03 Univest Corporation of
Pennsylvania, Souderton,
to acquire 100% of the
voting shares of Suburban
Community Bank, ChalfontSouderton Effective Subsequent to the previously described transaction, Suburban Community Bank will merge with and into Univest National Bank and Trust Co., Souderton, and will cease to be regulated by the Department of Banking.
New Charter Applications
Date Name of Bank Location Action 10-1-03 Highview Trust Company
Greensburg
Westmoreland County19 North Main Street
Greensburg
Westmoreland CountyCommenced Highview Trust Company is a wholly owned subsidiary of Commercial National Financial Corporation, Latrobe.
Conversions
Date Name of Institution Location Action 10-1-03 North Penn Savings and
Loan Association
Scranton
Lackawanna CountyScranton Effective To: North Penn Bank
Scranton
Lackawanna CountyRepresents conversion from State-chartered mutual savings and loan association to a State-chartered mutual savings bank. Branches Acquired Via Conversion: 623 South Main Street
Scranton
Lackawanna County651 Northern Boulevard
Clarks Summit
Lackawanna County334 North Ninth Street
Stroudsburg
Monroe County
Consolidations, Mergers and Absorptions
Date Name of Bank Location Action 9-30-03 HomeTowne Heritage Bank,
Lancaster, and NPB Interim
Bank, Boyertown
Surviving Institution--
HomeTowne Heritage Bank,
LancasterLancaster Filed 10-3-03 Citizens Bank of Pennsylvania,
Philadelphia, and Roxborough-
Manayunk Bank, Philadelphia
Surviving Institution--
Citizens Bank of Pennsylvania,
PhiladelphiaPhiladelphia Filed 10-3-03 Suburban Community Bank,
Chalfont, and UNB
Acquisition National
Bank, Souderton
Surviving Institution--
Suburban Community Bank, ChalfontChalfont Effective 10-3-03 Lafayette Ambassador Bank
Easton
Northampton CountyEaston Approved Purchase of assets/assumption of liabilities of two branch offices of Premier Bank, Doylestown,
Located at:2201 Northampton Street
Easton
Northampton County1401 Easton Avenue
Bethlehem
Northampton County
Branch Applications
Date Name of Bank Location Action 9-24-03 Bank of Hanover and
Trust Company
Hanover
York County1438 Liberty Road
Eldersburg
Carroll County, MDOpened
Branch Relocations/Consolidations
Date Name of Bank Location Action 10-6-03 Citizens Bank of
Pennsylvania
Philadelphia
Philadelphia CountyInto: 2516 Welsh Road
Philadelphia
Philadelphia CountyFiled From: 2501 Welsh Road
Philadelphia
Philadelphia County
Branch Discontinuances
Date Name of Bank Location Action 9-26-03 First Commonwealth Bank
Indiana
Indiana County15 South Main Street
Chambersburg
Franklin CountyEffective 9-26-03 First Commonwealth Bank
Indiana
Indiana County1720 Lincoln Way East
Chambersburg
Franklin CountyEffective
SAVINGS INSTITUTIONS No activity.
CREDIT UNIONS No activity.
A. WILLIAM SCHENCK, III,
Secretary
[Pa.B. Doc. No. 03-2027. Filed for public inspection October 17, 2003, 9:00 a.m.]
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