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PA Bulletin, Doc. No. 11-1182



Actions on Applications

[41 Pa.B. 3867]
[Saturday, July 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 June 28, 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.


Holding Company Acquisitions

Date Name and Location of Applicant Action
6-8-2011 Customers Bancorp, Inc.
Chester County
Application for approval to acquire 100% of Berkshire Bancorp, Inc., Wyomissing, and thereby indirectly acquire 100% of Berkshire Bank, Wyomissing.

Consolidations, Mergers and Absorptions

Date Name and Location of Applicant Action
6-8-2011 Customers Bank
Chester County
Application for approval to merge New Century Interim Bank, Phoenixville, with and into Customers Bank, Phoenixville.
The merger will facilitate the proposed reorganization of Customers Bank, Phoenixville, into a bank holding company structure whereby Customers Bank will become the wholly-owned subsidiary of Customers Bancorp, Inc., Phoenixville, a new holding company in formation.

Branch Applications

De Novo Branches

Date Name and Location of Applicant Location of Branch Action
6-21-2011 Jersey Shore State Bank
Jersey Shore
Lycoming County
606 Continental Boulevard
Montour County


No activity.


No activity.

 The Department's web site at includes public notices for more recently filed applications.


[Pa.B. Doc. No. 11-1182. Filed for public inspection July 15, 2011, 9:00 a.m.]

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