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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 03-2027

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[33 Pa.B. 5205]

   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 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 October 7, 2003.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of Corporation LocationAction
9-30-03National Penn Bancshares, Inc.,
   Boyertown, to acquire 100% of
   voting shares of HomeTowne
   Heritage Bank, Lancaster
BoyertownFiled
10-3-03Citizens Financial Group, Inc.,
   Providence, RI, to
   acquire 100% of the voting shares of
   Thistle Group Holdings, Co.,
   Philadelphia, PA
Providence, RIFiled
10-4-03Univest Corporation of
   Pennsylvania, Souderton,
   to acquire 100% of the
   voting shares of Suburban
   Community Bank, Chalfont
SoudertonEffective
Subsequent to the previously described transaction, Suburban Community Bank will merge with and into Univest National Bank and Trust Co., Souderton, and will cease to be regulated by the Department of Banking.

New Charter Applications

DateName of Bank LocationAction
10-1-03Highview Trust Company
Greensburg
Westmoreland County
19 North Main Street
Greensburg
Westmoreland County
Commenced
Highview Trust Company is a wholly owned subsidiary of Commercial National Financial Corporation, Latrobe.

Conversions

DateName of Institution LocationAction
10-1-03North Penn Savings and
   Loan Association
Scranton
Lackawanna County
ScrantonEffective
      To:
North Penn Bank
Scranton
Lackawanna County
Represents conversion from State-chartered mutual savings and loan association to a State-chartered mutual savings bank.
Branches Acquired Via Conversion:
623 South Main Street
Scranton
Lackawanna County
651 Northern Boulevard
Clarks Summit
Lackawanna County
334 North Ninth Street
Stroudsburg
Monroe County

Consolidations, Mergers and Absorptions

DateName of Bank LocationAction
9-30-03HomeTowne Heritage Bank,
   Lancaster, and NPB Interim
   Bank, Boyertown
   Surviving Institution--
   HomeTowne Heritage Bank,
   Lancaster
LancasterFiled
10-3-03Citizens Bank of Pennsylvania,
   Philadelphia, and Roxborough-
   Manayunk Bank, Philadelphia
   Surviving Institution--
   Citizens Bank of Pennsylvania,
   Philadelphia
PhiladelphiaFiled
10-3-03Suburban Community Bank,
   Chalfont, and UNB
   Acquisition National
   Bank, Souderton
   Surviving Institution--
   Suburban Community Bank,    Chalfont
ChalfontEffective
10-3-03Lafayette Ambassador Bank
Easton
Northampton County
EastonApproved
Purchase of assets/assumption of liabilities of two branch offices of Premier Bank, Doylestown,
Located at:
2201 Northampton Street
Easton
Northampton County
1401 Easton Avenue
Bethlehem
Northampton County

Branch Applications

DateName of Bank LocationAction
9-24-03Bank of Hanover and
   Trust Company
Hanover
York County
1438 Liberty Road
Eldersburg
Carroll County, MD
Opened

Branch Relocations/Consolidations

DateName of Bank LocationAction
10-6-03Citizens Bank of
   Pennsylvania
Philadelphia
Philadelphia County
Into:2516 Welsh Road
Philadelphia
Philadelphia County
Filed
From:2501 Welsh Road
Philadelphia
Philadelphia County

Branch Discontinuances

DateName of Bank LocationAction
9-26-03First Commonwealth Bank
Indiana
Indiana County
15 South Main Street
Chambersburg
Franklin County
Effective
9-26-03First Commonwealth Bank
Indiana
Indiana County
1720 Lincoln Way East
Chambersburg
Franklin County
Effective

SAVINGS INSTITUTIONS

   No activity.

CREDIT UNIONS

    No activity.

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 03-2027. Filed for public inspection October 17, 2003, 9:00 a.m.]



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