NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[38 Pa.B. 617]
[Saturday, February 2, 2008]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 January 15, 2008.
BANKING INSTITUTIONS
Holding Company Acquisitions
Date Name of Corporation Location Action 1-10-08 National Penn Bancshares, Inc., Boyertown, to acquire 100% of KNBT Bancorp, Inc., Bethlehem, and thereby indirectly acquire Keystone Nazareth Bank & Trust Company, Bethlehem, which will merge with and into National Penn Bank, Boyertown, a wholly-owned subsidiary of National Penn Bancshares, Inc. Boyertown Filed
Section 112 Applications
Date Name of Corporation Location Action 1-11-08 Boston Private Financial Holdings, Inc., Boston, MA, to acquire 80.1% of Davidson Trust Company, Devon, PA Boston, MA Approved Date Name of Individual Location Action 12-26-07 Steven D. Hovde to acquire up to 13.4% of the common shares of Bucks County Bank, Doylestown Barrington, IL Effective
Branch Applications
Date Name of Bank Location Action 1-10-08 Graystone Bank
Lancaster
Lancaster CountyQuentin Road, near Rocherty Road
Lebanon
Lebanon CountyApproved 1-10-08 Graystone Bank
Lancaster
Lancaster County1705 North Atherton Street
State College
Centre CountyApproved
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Branch Relocations
Date Name of Credit Union Location Action 1-10-08 Superior Credit Union Collegeville
Montgomery CountyTo: 434 Main Street
Royersford Borough
Montgomery CountyApproved From: 308 Main Street, Rear
Royersford Borough
Montgomery CountyThe Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.
STEVEN KAPLAN,
Secretary
[Pa.B. Doc. No. 08-181. Filed for public inspection February 1, 2008, 9:00 a.m.]
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