NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 2317]

   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 April 5, 2005.

BANKING INSTITUTIONS

Mutual Holding Company Reorganizations

Date	Name of Bank		Location	Action
3-28-05	North Penn Bank Scranton Lackawanna County		Scranton	Approved
	Application represents reorganization into a mutual holding company to be known as North Penn Mutual Holding Company.

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
4-1-05	Gelt Holdings, Inc., to acquire 100% of Public Finance Service, Inc., Willow Grove		Willow Grove	Filed

New Charter Applications

Date	Name of Bank		Location	Action
3-29-05	Valley Green Bank Philadelphia Philadelphia County		7226-34 Germantown Avenue Philadelphia Philadelphia County	Filed
	Correspondent
	B. Tyler Lincoln, Esq. Stradley, Ronon, Stevens & Young, LLP 30 Valley Stream Parkway Malvern, PA 19355

Conversions

Date	Name of Bank		Location	Action
3-31-05	The Marion Center National Bank Marion Center Indiana County          To: Marion Center Bank Marion Center Indiana County		Marion Center	Effective
	Represents conversion from a National banking association to a State-chartered commercial bank. Marion Center Bank is a wholly-owned banking subsidiary of Community Bankers Corporation, Marion Center, an existing bank holding company.
	Branches Acquired by Means of Conversion:
	106 West Main Street Dayton Armstrong County		326 East Main Street Big Run Jefferson County
	750 Franklin Street Clymer Indiana County		514 West Mahoning Street Punxsutawney Jefferson County
	162 Route 119 North Indiana Indiana County

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

Date	Name of Credit Union		Location	Action
3-31-05	Atlantic Credit Union, Newton Square, and Citadel Federal Credit Union, Thorndale Surviving Institution-- Citadel Federal Credit Union, Thorndale		Newton Square	Effective
4-1-05	Corry Jamestown Credit Union, Corry, and Corry Foam Employees Federal Credit Union, Corry Surviving Institution-- Corry Jamestown Credit Union, Corry		Corry	Effective

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-716. Filed for public inspection April 15, 2005, 9:00 a.m.]

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