NOTICES
DEPARTMENT OF BANKING
Actions on Applications
[41 Pa.B. 2006]
[Saturday, April 16, 2011]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 March 29, 2011.
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 3-22-2011 Edward S. Crooks
Brian D. SelbyFiled Application for approval to collectively acquire up to 84.0% of the voting shares of Counsel Trust Company, York.
Holding Company Acquisitions
Date Name and Location of Applicant Action 3-24-2011 e3holdings, inc.
Malvern
Chester County
Approved Application for approval to acquire 100% of American Eagle Savings Bank, Boothwyn. 3-24-2011 Norwood Financial Corp.
Honesdale
Wayne County
Approved Application for approval to acquire 100% of North Penn Bancorp, Inc., Scranton, and thereby indirectly acquire 100% of North Penn Bank, Scranton.
Consolidations, Mergers, and Absorptions
Date Name and Location of Applicant Action 3-24-2011 Wayne Bank
Honesdale
Wayne County
Approved Application for approval to merge North Penn Bank, Scranton, with and into Wayne Bank, Honesdale.
Branch Applications
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 3-21-2011 Northwest Savings Bank
Warren
Warren County
1441 Monroe Avenue
Brighton
Monroe County, NY
Filed 3-22-2011 Somerset Trust Company
Somerset
Somerset County
2095 Quaker Valley Road
Fishertown
Bedford County
Filed
Branch Discontinuances
Date Name and Location of Applicant Location of Branch Action 3-29-2011 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
6244 Bustleton Avenue
Philadelphia
Philadelphia County
Filed 3-29-2011 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
7124 Ridge Avenue
Philadelphia
Philadelphia County
Filed 3-29-2011 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
352 High Street
Burlington
Burlington County, NJ
Filed 3-29-2011 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
1703 Highland Avenue
Cinnaminson
Burlington County, NJ
Filed 3-29-2011 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County
801 Burlington Avenue
Delanco
Burlington County, NJ
Filed 3-29-2011 Elderton State Bank
Elderton
Armstrong County
121 North McKean Street
Kittanning
Armstrong County
Filed
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.
PAUL WENTZEL,
Acting Secretary
[Pa.B. Doc. No. 11-654. Filed for public inspection April 15, 2011, 9:00 a.m.]
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