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The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governor’s Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules.
• No statutes or acts will be found at this website.
The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governor’s Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules.
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 October 16, 2007.
BANKING INSTITUTIONS
Charter Applications
Date
Name of Bank
Location
Action
10-12-07
Monument Bank Doylestown Bucks County
Doylestown
Approved
10-16-07
Prestige Community Bank Newtown Bucks County
104 Pheasant Run Newtown Bucks County
Commenced Operations
Holding Company Acquisitions
Date
Name of Corporation
Location
Action
10-11-07
First Keystone Corporation, Berwick, to acquire 100% of Pocono Community Bank, Stroudsburg, which will be merged with and into First Keystone National Bank, Berwick (a wholly-owned subsidiary of First Keystone Corporation).
Berwick
Approved
Section 112 Applications
Date
Name of Corporation
Location
Action
10-11-07
Harleysville National Corporation, Harleysville, to acquire up to 19.9% of Berkshire Bancorp, Inc., Wyomissing, and thereby indirectly acquire up to 19.9% of the voting control of Berkshire Bank, Wyomissing.
Harleysville
Approved
This application is in conjunction with an application by Harleysville National Corporation, Harleysville, for approval to acquire 100% of East Penn Financial Corporation, Emmaus, which currently has approval to own up to 19.9% of Berkshire Bancorp, Inc.
10-15-07
The PNC Financial Services Group, Inc., Pittsburgh, to acquire up to 19.9% of Bucks County Bank, Doylestown, in conjunction with the acquisition of Yardville National Bancorp, Hamilton, NJ. (Yardville National Bancorp owned 13.39% of the common shares of Bucks County Bank at the time the application was filed, but currently owns less than 10.0% of Bucks County Bank.)
Pittsburgh
Withdrawn
Consolidations, Mergers and Absorptions
Date
Name of Bank
Location
Action
10-15-07
Federated Investors Trust Company of PA, Pittsburgh, and Federated Investors Trust Company, Sicklerville, NJ Surviving Institution-- Federated Investors Trust Company of PA, Pittsburgh
Pittsburgh
Approved
Merger will complete the conversion from a New Jersey State-chartered institution to a Pennsylvania State-chartered trust company.
Branch Applications
Date
Name of Bank
Location
Action
10-11-07
Citizens Bank of Pennsylvania Philadelphia Philadelphia County
273 DeKalb Pike North Wales Montgomery County
Filed
10-12-07
Conestoga Bank Chester Springs Chester County
630 Skippack Pike Whitpain Township Montgomery County
Approved
10-12-07
Republic First Bank Philadelphia Philadelphia County
8764 Frankford Avenue Philadelphia Philadelphia County
Approved
10-12-07
Abington Savings Bank Jenkintown Montgomery County
420 South York Road Hatboro Montgomery County
Approved
Branch Relocations
Date
Name of Bank
Location
Action
10-10-07
Firstrust Savings Bank Conshohocken Montgomery County
To:
Butler Avenue and County Line Road Chalfont Bucks County
Filed
From:
4275 County Line Road Chalfont Bucks County
Branch Discontinuances
Date
Name of Bank
Location
Action
10-12-07
Stonebridge Bank Exton Chester County
1212 Churchville Road Bel Air Harford County, MD
Approved
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.
STEVEN KAPLAN,
Secretary
[Pa.B. Doc. No. 07-1989. Filed for public inspection October 26, 2007, 9:00 a.m.]
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