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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 06-1448

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[36 Pa.B. 4017]
[Saturday, July 29, 2006]

   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 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 July 18, 2006.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
7-14-06Parke Bancorp, Inc., Washington
Township, NJ, to acquire
100% of the shares of Parke Interim
Bank, Philadelphia, PA
Washington Township
New Jersey
Effective

New Bank Charters

DateName of BankLocationAction
7-17-06Royal Asian Bank
Philadelphia
Philadelphia County
6331 Castor Avenue
Philadelphia
Philadelphia County
Commenced
Operations

Interim Bank Charters

DateName of BankLocationAction
7-14-06Parke Interim Bank
Philadelphia
Philadelphia County
PhiladelphiaEffective
The interim bank is being effected for the sole purpose of permitting Parke Bank, Washington Township, NJ, to expand its branch operations into this Commonwealth. Immediately following its incorporation it will be acquired by Parke Bancorp, Inc. and merged with and into Parke Bank, the holding company's banking subsidiary.

Section 112 Applications

DateName of IndividualAction
7-17-06Paul J. Coviello to acquire up to 28.0% of the shares of common stock of Landmark Community Bank, Pittston, PA, under section 112 of the Banking Code of 1965Approved

Consolidations, Mergers and Absorptions

DateName of BankLocationAction
7-17-06Royal Asian Bank
Philadelphia
Philadelphia County
PhiladelphiaEffective
Purchase of assets/assumption of
liabilities of four branch
offices of Royal Bank America,
Narberth
Located at:
7001 West Chester Pike
Upper Darby
Delaware County
418 Oak Lane Road
Philadelphia
Philadelphia County
6526 Castor Avenue
Philadelphia
Philadelphia County
1550 Lemoine Avenue
Fort Lee
Bergen County, NJ
7-17-06CommunityBanks, Millersburg
and Sentry Trust Company,
Chambersburg
Surviving Institution--
CommunityBanks, Millersburg
MillersburgFiled
7-18-06Centra Bank--Smithfield (Interim
Bank in Organization), Smithfield,
and Smithfield State Bank of
Smithfield, PA, Smithfield
Surviving Institution--
Centra Bank-Smithfield, Smithfield
SmithfieldFiled
The application is being filed to facilitate the acquisition of Smithfield State Bank by Centra Financial Holdings, Inc., Morgantown, WV.

Branch Applications

DateName of BankLocationAction
6-12-06Orrstown Bank
Shippensburg
Cumberland County
308 Carolle Street
Greencastle
Franklin County
Opened
7-7-06Fulton Bank
Lancaster
Lancaster County
116 West Market Street
West Chester
Chester County
Opened
7-12-06First Star Savings Bank
Bethlehem
Lehigh County
6302 Route 309
New Tripoli
Lehigh County
Filed
7-17-06Peoples State Bank of Wyalusing
Wyalusing
Bradford County
205 West Lockhart Street
Sayre
Bradford County
Approved
7-17-06Berkshire Bank
Wyomissing
Berks County
Crestwood East Office Park
Lots Nos. 1 and 2
Neversink and Hearthstone Court
Reading
Exeter Township
Berks County
Approved

Branch Relocations/Consolidations

DateName of BankLocationAction
7-11-06S & T Bank
Indiana
Indiana County
Into:800 Philadelphia Street
Indiana
Indiana County
Filed
From:501 Philadelphia Street
Indiana
Indiana County
7-12-06S & T Bank
Indiana
Indiana County
to:Corner of Logan Blvd. and Dewey Street
Altoona
Blair County
Approved
From:208 West Plank Rd.
Altoona
Blair County

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

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

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 06-1448. Filed for public inspection July 28, 2006, 9:00 a.m.]



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