NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[40 Pa.B. 30]
[Saturday, January 2, 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 December 22, 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 Departmentof 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 12-15-2009 Macquarie Bank Limited
Sydney, AustraliaApproved Application for approval to indirectly acquire 100% of the common stock of Delaware Management
Trust Company, Philadelphia.
Holding Company Acquisitions
Date Name and Location of Applicant Action 12-18-2009 Metro Bancorp, Inc.
Harrisburg
Dauphin CountyFiled Application for approval to acquire 100% of Republic First Bancorp, Inc., Philadelphia, and thereby indirectly acquire Republic First Bank, Philadelphia.
Consolidations, Mergers, and Absorptions
Date Name and Location of Applicant Action 12-18-2009 Northwest Savings Bank
Warren
Warren CountyEffective Merger of Northwest Interim Bank I, Northwest Interim Bank II, and Northwest Interim Bank III with and into Northwest Savings Bank, Warren. As a result of this transaction, Northwest Savings Bank has reorganized from a mutual holding company structure to a stock holding company structure.
Branch Applications
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 12-16-2009 Somerset Trust Company
Somerset
Somerset County2690 William Penn Avenue
Suite 5
Johnstown
Cambria CountyFiled
Branch Discontinuances
Date Name and Location of Applicant Location of Branch Action 11-30-2009 Centric Bank
Harrisburg
Dauphin County10 North Progress Avenue
Harrisburg
Dauphin CountyClosed
Articles of Amendment
Date Name and Location of Institution Action 12-17-2009 First CornerStone Bank
King of Prussia
Montgomery CountyApproved and Effective Amendment to the Fifth Article of the institution's Articles of Incorporation increases the number of authorized shares of common stock and authorizes the issuance of debt instruments, including, but not limited to, subordinated notes.
SAVINGS INSTITUTIONS
No activity.
CREDIT UNIONS
Consolidations, Mergers, and Absorptions
Date Name and Location of Applicant Action 12-15-2009 First Choice Federal Credit Union
New Castle
Lawrence CountyApproved Application for approval to merge New Castle Postal Employees Credit Union, New Castle, with and into First Choice Federal Credit Union, New Castle. 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. 10-16. Filed for public inspection December 31, 2009, 9:00 a.m.]
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