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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-1902

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 5694]

   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 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 October 4, 2005.

BANKING INSTITUTIONS

New Charter Applications

DateName of BankLocationAction
10-4-05Valley Forge Trust Company
King of Prussia
Montgomery County
120 South Warner Road
King of Prussia
Montgomery County
Approved
10-4-05Royal Asian Bank
Philadelphia
Philadelphia County
6331 Castor Avenue
Philadelphia
Philadelphia County
Approved
Royal Asian Bank has been operated as a division of Royal Bank America, Narberth, wholly-owned subsidiary of Royal Bancshares of Pennsylvania, Inc. Royal Asian Bank will become a separately chartered Pennsylvania nonmember bank and wholly-owned bank subsidiary of Royal Bancshares of Pennsylvania, Inc.

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
9-30-05Standard Bank, PaSB, Monroeville, and Hoblitzell National Bank of Hyndman, Hyndman
Surviving Institution--Standard Bank, PaSB, Monroeville
MonroevilleFiled
10-4-05Royal Asian Bank
(In Organization)
Philadelphia
Philadelphia County
PhiladelphiaApproved
Purchase of assets/assumption of liabilities of four branch offices of Royal Bank America, Narberth
Located at:
6526 Castor Avenue
Philadelphia
Philadelphia County
7001 West Chester Pike
Upper Darby
Delaware County
418 Oak Lane Road
Philadelphia
Philadelphia County
1550 Lemoine Avenue
Fort Lee
Bergen County, NJ
This transaction is part of the reorganization on the part of Royal Bancshares of Pennsylvania, Inc. and separate charter of Royal Asian Bank (see ''New Charter Applications'' previously listed).

Branch Applications

DateName of BankLocationAction
9-28-05Nesquehoning Savings Bank
Nesquehoning
Carbon County
113 East Water Street
Coaldale
Schuylkill County
Filed
10-3-05Orrstown Bank
Shippensburg
Cumberland County
308 Carolle Street
Greencastle
Franklin County
Approved
10-3-05Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Shadyside Giant Eagle
5550 Centre Avenue
Pittsburgh
Allegheny County
Approved

Branch Relocations

DateName of BankLocationAction
10-3-05Lebanon Valley Farmers Bank
Myerstown
Lebanon County
To:Southeast Corner of Route 422 and    Locust Street
Myerstown
Lebanon County
Filed
From:Main and Locust Streets
Myerstown
Lebanon County
      and
From:297 West Lincoln Avenue
Myerstown
Lebanon County

Articles of Amendment

DateName of BankPurposeAction
9-29-05Atlantic Central Bankers Bank
Camp Hill
Cumberland County
The purpose of the Articles of Amendment is to remove ''Pennsylvania Independent Bank'' from Articles Third, Ninth and Tenth of the Articles of Incorporation and wherever else it appears in the Articles of Incorporation and insert ''Atlantic Central Bankers Bank'' in its place.Approved
and
Effective
10-3-05Tioga-Franklin Savings Bank
Philadelphia
Philadelphia County
Amendment to Article II of the Articles of Incorporation provides for a change in the location and address of the bank's principal place of business from 326 East Girard Avenue to 320 East Girard Avenue, both addresses in Philadelphia, Philadelphia County.

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Branch Applications

DateName of Credit UnionLocationAction
10-3-05TruMark Financial Credit Union
Trevose
Bucks County
515 Old York Road
Jenkintown
Montgomery County
Approved

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-1902. Filed for public inspection October 14, 2005, 9:00 a.m.]



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