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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 07-598

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[37 Pa.B. 1503]
[Saturday, April 7, 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; and applications received for the week ending March 27, 2007.

BANKING INSTITUTIONS

Holding Company Acquisitions

Date Name of CorporationLocationAction
3-20-07 The Bank of New York Mellon Corporation, New York, NY, to acquire 100% of the voting shares of Mellon Financial Corporation, Pittsburgh, PANew York, NYFiled
3-23-07 Quaint Oak Bancorp, Inc., Southampton (a newly-organized Pennsylvania chartered corporation), to acquire 100% of the common stock of Quaint Oak Savings Bank, Southampton, in conjunction with the Bank's conversion from mutual to stock formSouthamptonFiled
3-27-07Citizens & Northern Corporation, Wellsboro, to acquire 100% of the voting shares of Citizens Bancorp, Inc., CoudersportWellsboroApproved

Conversions

DateName of BankLocationAction
3-23-07Quaint Oak Savings Bank
Southampton
Bucks County
SouthamptonFiled
Represents conversion from a mutual savings bank to a stock savings bank and concurrent formation of a new holding company, Quaint Oak Bancorp, Inc., that will own 100% of the common stock of the bank.

Consolidations, Mergers and Absorptions

DateName of Bank Location Action
3-21-07 Fulton Bank
Lancaster
Lancaster County
LancasterFiled
Purchase of assets/assumption of liabilities of Lebanon Valley Farmers Bank, Lebanon. Both institutions are wholly-owned subsidiaries of Fulton Financial Corporation, Lancaster.
3-23-07 Berkshire Bank
Wyomissing
Berks County
WyomissingFiled
Purchase of assets/assumption of liabilities of two branch offices of Fleetwood Bank, Fleetwood,
Located at:
2493 Bernville Road
Reading
Berks County
555 Penn Avenue
West Reading
Berks County
3-27-07 Citizens & Northern Bank, Wellsboro Approved Wellsboro, and Citizens Trust Company, Coudersport
Surviving Institution--
Citizens & Northern Bank, Wellsboro
WellsboroApproved

Branch Applications

Date Name of BankLocationAction
3-19-07 First Priority Bank
Malvern
Chester County
1200 Broadcasting Road
Wyomissing
Berks County
Opened
3-20-07CommunityBanks
Millersburg
Dauphin County
2100 Utz Terrace
Hanover
West Manheim Township
York County
(Limited Service Facility)
Opened
3-22-07 Royal Asian Bank
Philadelphia
Philadelphia County
232 Broad Avenue
Palisades Park
Bergen County, NJ
Opened
3-23-07Huntingdon Valley Bank
Huntingdon Valley
Montgomery County
The Lafayette Redeemer
Retirement Community
8580 Verree Road
Philadelphia
Philadelphia County
Filed
3-26-07 Gateway Bank of Pennsylvania
McMurray
Washington County
Commonwealth Drive at
Freedom Road
Cranberry Township
Butler County
Approved

Branch Relocations

Date Name of BankLocationAction
3-20-07 Somerset Trust Company
Somerset
Somerset County
To:Wal-Mart
2028 N. Center Avenue
Somerset
Somerset County
Filed
From:316 Georgian Place
Somerset
Somerset County

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Branch Applications

Date Name of Credit Union LocationAction
3-15-07 Superior Credit Union
Collegeville
Montgomery County
2020 Swamp Pike
Gilbertsville
Montgomery County
Opened

   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. 07-598. Filed for public inspection April 6, 2007, 9:00 a.m.]



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