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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 07-1901

NOTICES

DEPARTMENT OF BANKING

Actions on Applications

[37 Pa.B. 5611]
[Saturday, October 20, 2007]

   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 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 October 2, 2007.

BANKING INSTITUTIONS

Holding Company Acquisitions

DateName of CorporationLocationAction
9-27-07Susquehanna Bancshares, Inc., Lititz, to acquire 100% of the voting shares of Community Banks, Inc., HarrisburgLititzApproved
10-1-07Harleysville National Corporation, Harleysville, to acquire 100% of East Penn Financial Corporation, Emmaus, and so indirectly acquire East Penn Bank, Emmaus, which will be merged with and into The Harleysville National Bank and Trust Company, Harleysville (a wholly-owned subsidiary of Harleysville National Corporation).HarleysvilleApproved

Mutual Holding Company Reorganization

Date Name of BankLocation Action
10-1-07 North Penn Bank
Scranton
Lackawanna County
ScrantonEffective
North Penn Bank (the Bank) has reorganized from a mutual holding company structure to a stock holding company structure. To effect the reorganization, the Bank created three interim Federal savings banks, which were merged with and into the Bank effective October 1, 2007. The resulting structure is a stock Federal thrift holding company, New North Penn Bancorp, Inc., which owns all of the shares of the Bank.

Consolidations, Mergers and Absorptions

DateName of BankLocation Action
9-20-07Federated Investors Trust Company of PA, Pittsburgh, and Federated Investors Trust Company, Sicklerville, NJ Surviving Institution--
Federated Investors Trust Company of PA, Pittsburgh
PittsburghFiled
Merger will complete the conversion from a New Jersey State-chartered institution to a Pennsylvania State-chartered trust company.
9-27-07 Elderton State Bank, Elderton, and Elderton Interim Bank, Elderton Surviving Institution--
Elderton State Bank, Elderton
EldertonApproved
Merger is in conjunction with the reorganization of Elderton State Bank to create a bank holding company structure. Elderton State Bank will become the wholly-owned subsidiary of Keystrong Financial, Inc., a new holding company in formation.
9-27-07Susquehanna Bank PA, Lititz, and CommunityBanks, Millersburg Surviving Institution--
Susquehanna Bank PA, Lititz
LititzApproved
10-1-07Susquehanna Bank PA
Lititz
Lancaster County
LititzApproved
Purchase of assets/assumption of liabilities of four branch offices of Susquehanna Bank DV, Bryn Mawr, located at:
2228 State Hill Road
Wyomissing
Berks County
4930 5th Street Highway
Temple
Berks County
4915 Perkiomen Avenue
Reading
Berks County
46 West Main Street
Fleetwoood
Berks County

Branch Applications

Date Name of Bank Location Action
9-10-07 Mid Penn Bank
Millersburg
Dauphin County
2101 Market Street
Camp Hill
Cumberland County
Opened
10-1-07 First Commonwealth Bank
Indiana
Indiana County
5853 Forbes Avenue
Pittsburgh
Allegheny County
Approved
10-2-07 Mifflinburg Bank and Trust Company
Mifflinburg
Union County
214 Vine Street
New Berlin
Union County
Approved

Branch Consolidations

DateName of BankLocationAction
9-27-07 Susquehanna Bank PA
Lititz
Lancaster County
Into:4930 5th Street Highway
Temple
Berks County
Approved
From: 5318 Allentown Pike
Temple
Berks County
(Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz, and the proposed purchase of assets/assumption of liabilities of the surviving branch from Susquehanna Bank DV, Bryn Mawr)
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
Into:3199 Cape Horn Road
Red Lion
York County
Approved
From:3090 Cape Horn Road
Red Lion
York County
(Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz)
9-27-07 Susquehanna Bank PA
Lititz
Lancaster County
Into:1205 Carlisle Road
York
York County
Approved
From:2170 White Street
York
York County
(Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz)
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
Into: 200 Willow Valley
Lakes Drive
Willow Street
Lancaster County
Approved
From:90 Willow Valley
Lakes Drive
Willow Street
Lancaster County
(Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz)
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
Into:1 Market Way East
York
York County
Approved
From:16 North George Street
York
York County
(Branch consolidation pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz)
10-2-07 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County
Into:338 West DeKalb Pike
King of Prussia
Montgomery County
Approved
From:608 DeKalb Pike
King of Prussia
Montgomery County
10-2-07 S & T Bank
Indiana
Indiana County
Into:3884 Route 30E
Latrobe
Westmoreland County
Approved
From:100 Colony Lane
Latrobe
Westmoreland County

Branch Discontinuances

DateName of BankLocationAction
9-27-07 Susquehanna Bank PA
Lititz
Lancaster County
2228 State Hill Road
Wyomissing
Berks County
Approved
(Branch discontinuance pending the proposed purchase of assets/assumption of liabilities of the branch from Susquehanna Bank DV, Bryn Mawr)
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
10 South Main Street
Spring Grove
York County
Approved
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
2894 North Susquehanna Trail
Shamokin Dam
Snyder County
Approved
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
128 Toddy Drive
East Earl
Lancaster County
Approved
9-27-07Susquehanna Bank PA
Lititz
Lancaster County
55 Wetzel Drive
Hanover
York County
Approved
(Branch discontinuance pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz)
9-27-07 Susquehanna Bank PA
Lititz
Lancaster County
1 East Harrisburg Street
Dillsburg
York County
Approved
(Branch discontinuance pending the proposed merger of CommunityBanks, Millersburg, with and into Susquehanna Bank PA, Lititz)
10-2-07 S & T Bank
Indiana
Indiana County
Delmont Wal-Mart
6700 Hollywood Boulevard
Delmont
Westmoreland County
Approved

Articles of Amendment

Date Name of BankPurpose Action
10-1-07North Penn Bank
Scranton
Lackawanna County
Amendment to Article X of the Articles of Incorporation provides for establishing and maintaining a liquidation account for the benefit of the bank's savings account holders.Approved and Effective

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

No activity.

   The Department's website at www.banking.state.pa.us includes public notices for more recently filed applications.

STEVEN KAPLAN,   
Secretary

[Pa.B. Doc. No. 07-1901. Filed for public inspection October 19, 2007, 9:00 a.m.]



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