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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 07-206

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[37 Pa.B. 673]
[Saturday, February 10, 2007]

   Notice is hereby given that the Department of Banking of the Commonwealth of Pennsylvania, 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 January 30, 2007.

BANKING INSTITUTIONS

Interim Charter Application

DateName of BankLocationAction
1-30-07Alliance Interim Savings Bank
Broomall
Delaware County
BroomallEffective
The Interim Bank is being formed for the sole purpose of merging with and into Greater Delaware Valley Savings Bank in conjunction with that institution's reorganization involving the creation of a mid-tier stock thrift holding company and conversion of its existing mutual holding company to a Federal charter (see below).
1-30-07Sussex Interim Bank
Westfall Township
Pike County
Westfall Township, PAApproved
Interim bank to be chartered solely to facilitate the ability of Sussex Bank, Franklin, NJ, a NJ State-chartered bank, to establish a branch office in PA (see below).

Mutual Holding Company Reorganization

DateName of BankLocationAction
1-30-07Greater Delaware Valley Savings Bank, d/b/a Alliance Bank
Broomall
Delaware County
BroomallEffective
Alliance Interim Savings Bank (see above) was merged with and into Greater Delaware Valley Savings Bank, to effect the creation of the mid-tier stock thrift holding company, Alliance Bancorp, Inc., Broomall, which will be majority-owned by Greater Delaware Valley Holdings, a Mutual Company, Broomall, which will simultaneously change its name to Alliance Mutual Holding Company and also convert to a Federal mutual thrift holding company.

Holding Company Acquisitions

DateName of CorporationLocationAction
1-29-07EHPW Acquisition Company, Harrisburg, to acquire 100% of the Common Stock of Vartan Financial Corporation, and thereby Indirectly Acquire Vartan National Bank, Harrisburg, under section 115 of the Banking CodeHarrisburgApproved
1-30-07Sussex Bancorp, Franklin, NJ, to acquire 100% of Sussex Interim Bank, Westfall Township, PA, which will then be merged with and into Sussex Bank, Franklin, NJ, the wholly-owned subsidiary of Sussex Bankcorp, under section 115 of the Banking CodeFranklin, NJApproved
1-30-07GSB Acquisition Corp., Bala Cynwyd, to acquire 100% of the voting shares of Guard Security Bank, Plains, a Federal Stock Savings Bank, under section 115 of the Banking CodeBala Cynwyd Approved

Consolidations, Mergers and Absorptions

Date Name of BankLocationAction
1-29-07Centra Bank, Inc., Morgantown, WV, and Centra Bank-Smithfield, PA
Surviving Institution--
Centra Bank, Inc., Morgantown, WV
Morgantown, WVEffective

Branch Applications

DateName of BankLocationAction
1-25-07Irwin Bank and Trust Company
Irwin
Westmoreland County
Huntingdon Marketplace
Highway 30 and I-76
Irwin
Westmoreland County
Filed

Branch Relocations

DateName of BankLocationAction
1-8-07First Commonwealth Bank
Indiana
Indiana County
To:Wagner Road and Center
Commons Blvd.
Monaca
Beaver County
Effective
From:693 Beaver Valley Mall
Monaca
Beaver 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.

VICTORIA A. REIDER,   
Acting Secretary

[Pa.B. Doc. No. 07-206. Filed for public inspection February 9, 2007, 9:00 a.m.]



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