NOTICES
Actions on Applications
[40 Pa.B. 4398]
[Saturday, August 7, 2010]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 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending July 27, 2010.
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
Section 112 Acquisitions
Date Name and Location of Applicant Action 7-27-2010 Michael G. Crofton Approved Application for approval to acquire up to 24.99% of the common stock of The Philadelphia Trust Company, Philadelphia. 7-27-2010 Robert G. Thomson Approved Application for approval to acquire up to 24.99% of the common stock of The Philadelphia Trust Company, Philadelphia.
Consolidations, Mergers, and Absorptions
Date Name and Location of Applicant Action 7-26-2010 Citizens & Northern Bank
Wellsboro
Tioga CountyApproved Application for approval to merge First State Bank, Canisteo, NY, with and into Citizens & Northern Bank, Wellsboro, PA.
Branch Applications
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 7-19-2010
Republic First Bank
Philadelphia
Philadelphia County30 Kings Highway East
Haddonfield
Camden County, NJOpened 7-23-2010 New Century Bank
Phoenixville
Chester County1015 Penn Avenue
Wyomissing
Berks CountyApproved
Articles of Amendment
Date Name and Location of Institution Action 7-27-2010 Monument Bank
Doylestown
Bucks CountyApproved and Effective Amendment to the Second Article of the institution's Articles of Incorporation changes the principal place of business from 573 North Main Street, Doylestown, Bucks County, PA 18901, to 465 North Main Street, Doylestown, Bucks County, PA 18901. Amendment to the Sixth Article of the institution's Articles of Incorporation provides for the issuance of preferred stock.
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
No activity. 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. 10-1436. Filed for public inspection August 6, 2010, 9:00 a.m.]
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