NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[39 Pa.B. 1993]
[Saturday, April 18, 2009]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 April 7, 2009.
Under section 503.E of the Department of Banking Code (71 P. S. § 733-503.E), any person wishing to comment on the following applications, with the exception of branch applications, may file their comments in writing with the Department of Banking, Corporate Applications Division, 17 North Second Street, Suite 1300, Harrisburg, PA 17101-2290. Comments must be received no later than 30 days from the date notice regarding receipt of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection, by appointment only, during regular business hours. To schedule an appointment, contact the Corporate Applications Division at (717) 783-2253. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.
BANKING INSTITUTIONS
Holding Company Acquisitions
Date Name of Corporation Location Action 4-1-2009 Penseco Financial Services Corporation, Scranton, acquired 100% of Old Forge Bank, Old Forge Scranton Effective
Consolidations, Mergers and Absorptions
Date Name of Bank Location Action 4-1-2009 Penn Security Bank and Trust Company, Scranton, and Old Forge Bank, Old Forge
Surviving Institution: Penn Security Bank and Trust Company, ScrantonScranton Effective All offices of Old Forge Bank will become branch offices of Penn Security Bank and Trust Company, including the former principal place of business of Old Forge Bank located at: 216 South Main Street
Old Forge
Lackawanna County
Branch Applications
De Novo Branches
Date Name of Bank Location Action 3-30-2009 First Priority Bank
Malvern
Chester County10 Sentry Parkway
Building 300, Suite 100
Blue Bell
Montgomery CountyOpened 4-2-2009 Northwest Savings Bank
Warren
Warren County2113 Chili Avenue
Gates
Monroe County, NYApproved 4-2-2009 Somerset Trust Company
Somerset
Somerset County1448 County Line Road
Champion
Westmoreland CountyApproved
Branch Relocations
Date Name of Bank Location Action 4-2-2009 Pennsylvania Business Bank
Berwyn
Chester CountyTo: 1819 John F. Kennedy Boulevard
Philadelphia
Philadelphia CountyApproved From: 1635 Market Street
Philadelphia
Philadelphia County4-7-2009 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia CountyTo: 48 West Skippack Pike
Ambler
Montgomery CountyFiled From: 7004 Butler Pike
Broad Axe
Montgomery County
Branch Consolidations
Date Name of Bank Location Action 4-2-2009 Susquehanna Bank
Lititz
Lancaster CountyInto: 1950 Old Philadelphia Pike
Lancaster
Lancaster CountyApproved From: 2034 Lincoln Highway East
Lancaster
Lancaster County
Branch Discontinuances
Date Name of Bank Location Action 3-31-2009 Wayne Bank
Honesdale
Wayne CountyWeis Market
Route 590
Hamlin
Wayne CountyClosed
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Community Charter Conversions
Date Name of Credit Union Location Action 3-31-2009 Riverset Credit Union
Pittsburgh
Allegheny CountyPittsburgh Filed The credit union proposes to amend Article 8 of its Articles of Incorporation to serve a field of membership limited to the following community: Persons who live, work (regularly conduct business in), worship, attend school in and businesses and other legal entities in Allegheny, Beaver and Butler Counties, PA. Correction: The date of filing of the previously proposed community charter conversion by Riverset Credit Union was incorrectly stated in the previous issue of the Pennsylvania Bulletin (Volume 39, Number 15). 4-2-2009 Penn Drake Credit Union
Karns City
Butler CountyKarns City Approved The credit union proposes to amend its Articles of Incorporation to serve a field of membership limited to the following community: Persons who live, work, worship, attend school in, and businesses and other legal entities in Butler County, in this Commonwealth. The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.
STEVEN KAPLAN,
Secretary
[Pa.B. Doc. No. 09-701. Filed for public inspection April 17, 2009, 9:00 a.m.]
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