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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 07-1989

NOTICES

DEPARTMENT OF BANKING

Actions on Applications

[37 Pa.B. 5809]
[Saturday, October 27, 2007]

   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 October 16, 2007.

BANKING INSTITUTIONS

Charter Applications

Date Name of Bank Location Action
10-12-07 Monument Bank
Doylestown
Bucks County
DoylestownApproved
10-16-07 Prestige Community Bank
Newtown
Bucks County
104 Pheasant Run
Newtown
Bucks County
Commenced Operations

Holding Company Acquisitions

Date Name of Corporation Location Action
10-11-07 First Keystone Corporation, Berwick, to acquire 100% of Pocono Community Bank, Stroudsburg, which will be merged with and into First Keystone National Bank, Berwick (a wholly-owned subsidiary of First Keystone Corporation).BerwickApproved

Section 112 Applications

Date Name of Corporation Location Action
10-11-07 Harleysville National Corporation, Harleysville, to acquire up to 19.9% of Berkshire Bancorp, Inc., Wyomissing, and thereby indirectly acquire up to 19.9% of the voting control of Berkshire Bank, Wyomissing.HarleysvilleApproved
This application is in conjunction with an application by Harleysville National Corporation, Harleysville, for approval to acquire 100% of East Penn Financial Corporation, Emmaus, which currently has approval to own up to 19.9% of Berkshire Bancorp, Inc.
10-15-07 The PNC Financial Services Group, Inc., Pittsburgh, to acquire up to 19.9% of Bucks County Bank, Doylestown, in conjunction with the acquisition of Yardville National Bancorp, Hamilton, NJ. (Yardville National Bancorp owned 13.39% of the common shares of Bucks County Bank at the time the application was filed, but currently owns less than 10.0% of Bucks County Bank.)PittsburghWithdrawn

Consolidations, Mergers and Absorptions

Date Name of Bank Location Action
10-15-07 Federated Investors Trust Company of PA, Pittsburgh, and Federated Investors Trust Company, Sicklerville, NJ Surviving Institution--
Federated Investors Trust Company of PA, Pittsburgh
PittsburghApproved
Merger will complete the conversion from a New Jersey State-chartered institution to a Pennsylvania State-chartered trust company.

Branch Applications

Date Name of Bank Location Action
10-11-07 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
273 DeKalb Pike
North Wales
Montgomery County
Filed
10-12-07 Conestoga Bank
Chester Springs
Chester County
630 Skippack Pike
Whitpain Township
Montgomery County
Approved
10-12-07 Republic First Bank
Philadelphia
Philadelphia County
8764 Frankford Avenue
Philadelphia
Philadelphia County
Approved
10-12-07 Abington Savings Bank
Jenkintown
Montgomery County
420 South York Road
Hatboro
Montgomery County
Approved

Branch Relocations

Date Name of Bank Location Action
10-10-07 Firstrust Savings Bank
Conshohocken
Montgomery County
To: Butler Avenue and
County Line Road
Chalfont
Bucks County
Filed
From: 4275 County Line Road
Chalfont
Bucks County

Branch Discontinuances

Date Name of Bank Location Action
10-12-07 Stonebridge Bank
Exton
Chester County
1212 Churchville Road
Bel Air
Harford County, MD
Approved

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.

STEVEN KAPLAN,   
Secretary

[Pa.B. Doc. No. 07-1989. Filed for public inspection October 26, 2007, 9:00 a.m.]



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