NOTICES

DEPARTMENT OF BANKING

Action on Applications

[37 Pa.B. 959]
[Saturday, February 24, 2007]

   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 February 13, 2007.

BANKING INSTITUTIONS

New Charter Applications

Date	Name of Bank		Location	Action
2-9-07	Colonial American Bank West Conshohocken Montgomery County		300 Conshohocken State Road West Conshohocken Montgomery County	Commenced Operations
2-9-07	The Victory Bank Limerick Township Montgomery County		Limerick Township	Filed
	Correspondent:
	Christina M. Gattuso, Esq. Muldoon Murphy & Aguggia, LLP 5101 Wisconsin Avenue, N.W. Washington, D.C. 20016

Holding Company Acquisitions

Date	Name of Corporation		Location	Action
2-12-07	Citizens & Northern Corporation, Wellsboro, to acquire 100% of the voting shares of Citizens Bancorp, Inc., Coudersport		Wellsboro	Filed

Section 112 Application

Date	Name of Individual			Action
2-12-07	Application of George W. Connell to acquire up to 19.99% of the outstanding shares of common stock of the Bryn Mawr Bank Corporation, Bryn Mawr, PA, under section 112 of the Banking Code of 1965.			Approved

CONSOLIDATIONS, MERGERS AND ABSORPTIONS

Date	Name of Bank		Location	Action
2-7-07	CommunityBanks, Millersburg, and East Prospect State Bank, East Prospect Surviving Institution-- CommunityBanks, Millersburg		Millersburg	Approved
2-7-07	CommunityBanks, Millersburg, and BUCS Federal Bank, Owings Mills, Maryland Surviving Institution-- CommunityBanks, Millersburg		Millersburg	Approved
2-8-07	Orrstown Bank, Shippensburg and The First National Bank of Newport, Newport Surviving Institution-- Orrstown Bank, Shippensburg		Shippensburg	Filed
	Both banks are wholly-owned subsidiaries of Orrstown Financial Services, Inc., Shippensburg.
2-20-07	Citizens & Northern Bank, Wellsboro, and Citizens Trust Company, Coudersport Surviving Institution-- Citizens & Northern Bank, Wellsboro		Wellsboro	Filed

Branch Applications

Date	Name of Bank		Location	Action
1-28-07	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		483 Berlin Cross Keys Road Sicklerville Camden County, NJ	Opened
2-8-07	Graystone Bank Lancaster Lancaster County		1830 S. Atherton Street State College Centre County	Approved
2-8-07	Graystone Bank Lancaster Lancaster County		39 N. Market Street Frederick Frederick, MD	Approved
2-8-07	Firstrust Savings Bank Conshohocken Montgomery County		Shoppes at Sycamore Street within the perimeters of Durham Road, Sycamore Street, Silo Drive and Ice Cream Alley Newtown Township Bucks County	Approved
2-9-07	Beneficial Mutual Savings Bank Philadelphia Philadelphia County		South Brinton Lake Road and Baltimore Pike Glen Mills Delaware County	Filed
2-12-07	Penn Liberty Bank Wayne Delaware County		1301 Paoli Pike West Chester Chester County	Approved
2-12-07	Penn Liberty Bank Wayne Delaware County		2724 Ridge Avenue Norristown (Trooper) Montgomery County	Approved

Branch Discontinuances

Date	Name of Bank		Location	Action
2-12-07	CommunityBanks Millersburg Dauphin County		1415 Ritner Highway Carlisle Cumberland County	Approved

SAVINGS INSTITUTIONS

Conversions

Date	Name of Association		Location	Action
2-8-07	ESSA Bank & Trust Stroudsburg Monroe County		Stroudsburg	Approved
	Represents conversion from a mutual savings association to a stock savings association and concurrent formation of a thrift holding company, ESSA Bancorp, Inc., that will own 100% of the common stock of the association.

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. 07-313. Filed for public inspection February 23, 2007, 9:00 a.m.]

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