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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-1178

NOTICES

DEPARTMENT OF BANKING

Action on Applications

[35 Pa.B. 3430]

   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 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 June 7, 2005.

BANKING INSTITUTIONS

Mutual Holding Company Reorganization

DateName of CorporationLocationAction
6-1-05North Penn Bank
Scranton
Lackawanna County
ScrantonEffective
Represents reorganization into a mutual holding company to be known as North Penn Mutual Holding Company, Scranton, PA, a newly formed Pennsylvania mutual holding company and 100% owner of North Penn Bancorp, Inc., Scranton, PA, a newly formed Pennsylvania stock holding company. North Penn Bank will be a wholly owned subsidiary of North Penn Bancorp, Inc.

Conversions

DateName of BankLocationAction
6-1-05North Penn Bank
Scranton
Lackawanna County
ScrantonEffective
Represents conversion from a State-chartered mutual savings bank to a State-chartered stock savings bank in conjunction with the reorganization into a mutual form of ownership listed previously.
6-1-05The First National Bank of Canton
Canton
Bradford County
         To:
Bank of Canton
Canton
Bradford County
CantonFiled
Application represents conversion from a National association to a Pennsylvania State-chartered commercial bank.
6-3-05Vartan National Bank
Harrisburg
Dauphin County
         To:
Vartan Bank
Harrisburg
Dauphin County
HarrisburgApplication Withdrawn
Application was for the conversion of the previously mentioned bank from a National banking association to a Pennsylvania State-chartered bank.

Branch Applications

DateName of BankLocationAction
10-24-03Earthstar Bank
Southampton
Bucks County
48 West Skippack Pike
Broad Axe
Whitpain Township
Montgomery County
Opened
6-6-05Bucks County Bank
Doylestown
Bucks County
2084 Street Road
Bensalem
Bucks County
Filed
6-6-05Northwest Savings Bank
Warren
Warren County
Route 228
Commercial Center
Cranberry Township
Butler County
Filed

Branch Relocations

DateName of BankLocationAction
6-1-05Northwest Savings Bank
Warren
Warren County
To:200 West Beaver Avenue
State College
Centre County
Filed
From:201 West Beaver Avenue
State College
Centre County

Branch Discontinuances

DateName of BankLocationAction
5-27-05The Legacy Bank
Harrisburg
Dauphin County
140 Can-Do Expressway
Hazleton
Luzerne County
Effective
6-1-05First Commonwealth Bank
Indiana
Indiana County
511 Pine Grove Road
State College
Centre County
Filed

Articles of Amendment

Date Name of BankPurposeAction
6-1-05CNB Community Bank
Clarion
Clarion County
Amendment to Article 1 of the Articles of Incorporation provides for a change in corporate title from CNB Community Bank to Clarion County Community Bank.Approved and Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

A. WILLIAM SCHENCK, III,   
Secretary

[Pa.B. Doc. No. 05-1178. Filed for public inspection June 17, 2005, 9:00 a.m.]



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