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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-2172

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 6443]

   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 November 15, 2005.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
11-10-05Parke Bancorp, Inc., Washington Township, NJ, to acquire all the shares of Parke Interim Bank, Philadelphia, PAWashington Township, NJFiled

New Charter Applications

DateName of BankLocationAction
11-10-05Greystone Bank
Lancaster
Lancaster County
361 Granite Run Drive
Lancaster
Lancaster County
Commenced Operations
11-10-05Valley Forge Trust Company
King of Prussia
Montgomery County
120 South Warner Road
Suite 200
King of Prussia
Montgomery County
Commenced Operations

Consolidations, Mergers, and Absorptions

DateName of BankLocationAction
11-9-05Standard Bank, PaSB, Murrysville, and Hoblitzell National Bank of Hyndman
Surviving Institution--
Standard Bank, PaSB,
Murrysville
MurrysvilleApproved
11-10-05Beneficial Mutual Savings Bank, Philadelphia, and Northwood Savings Bank, Philadelphia
Surviving Institution--
Beneficial Mutual Savings Bank, Philadelphia
PhiladelphiaEffective
The former main office of Northwood Savings Bank, and its only office, located at 1500 East Susquehanna Avenue, Philadelphia, will be discontinued and all operations will be transferred to an office of Beneficial Mutual Savings Bank located at Aramingo and Cumberland Streets, Philadelphia.

Branch Applications

Date Name of BankLocationAction
10-17-05Parkvale Savings Bank
Monroeville
Allegheny County
1420 Greengate Centre Circle
Greensburg
Westmoreland County
Opened
11-7-05East Penn Bank
Emmaus
Lehigh County
4510 Bath Pike
Hanover Township
Northampton County
Opened
11-9-05Graystone Bank
Lancaster
Lancaster County
112 Market Street
Harrisburg
Dauphin County
Approved
11-9-05Graystone Bank
Lancaster
Lancaster County
362 West Main Street
Leola
Lancaster County
Approved

Branch Relocations

DateName of BankLocationAction
11-8-05PeoplesBank, A Codorus
Valley Company
York
York County
To:48 East Market Street
York
York County
Filed
From:118 East Market Street
York
York County

Articles of Amendment

DateName of BankPurposeAction
11-10-05First Savings Bank of
Perkasie
Perkasie
Bucks County
The amendment to Article 2 of the Articles of Incorporation provides for a change in the principal place of business from 1211 North Fifth Street to 219 South Ninth Street, both addresses in Perkasie, Bucks County; and the amendment to Article 11 is to amend and restate the article in its entirety.Approved and Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers and Absorptions

DateName of Credit UnionLocationAction
11-9-05Freedom Credit Union, Philadelphia, and FBC Federal Credit Union, Philadelphia
Surviving Institution--
Freedom Credit Union,
Philadelphia
PhiladelphiaFiled

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-2172. Filed for public inspection November 23, 2005, 9:00 a.m.]



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