Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 10-16

NOTICES

DEPARTMENT OF BANKING

Actions on Applications

[40 Pa.B. 30]
[Saturday, January 2, 2010]

 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 December 22, 2009.

 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 Departmentof 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
12-15-2009 Macquarie Bank Limited
Sydney, Australia
Approved
Application for approval to indirectly acquire 100% of the common stock of Delaware Management
Trust Company, Philadelphia.

Holding Company Acquisitions

Date Name and Location of Applicant Action
12-18-2009Metro Bancorp, Inc.
Harrisburg
Dauphin County
Filed
Application for approval to acquire 100% of Republic First Bancorp, Inc., Philadelphia, and thereby indirectly acquire Republic First Bank, Philadelphia.

Consolidations, Mergers, and Absorptions

DateName and Location of ApplicantAction
12-18-2009Northwest Savings Bank
Warren
Warren County
Effective
Merger of Northwest Interim Bank I, Northwest Interim Bank II, and Northwest Interim Bank III with and into Northwest Savings Bank, Warren. As a result of this transaction, Northwest Savings Bank has reorganized from a mutual holding company structure to a stock holding company structure.

Branch Applications

De Novo Branches

DateName and Location of Applicant Location of Branch Action
12-16-2009 Somerset Trust Company
Somerset
Somerset County
2690 William Penn Avenue
Suite 5
Johnstown
Cambria County
Filed

Branch Discontinuances

Date Name and Location of ApplicantLocation of Branch Action
11-30-2009Centric Bank
Harrisburg
Dauphin County
10 North Progress Avenue
Harrisburg
Dauphin County
Closed

Articles of Amendment

Date Name and Location of InstitutionAction
12-17-2009First CornerStone Bank
King of Prussia
Montgomery County
Approved and Effective
Amendment to the Fifth Article of the institution's Articles of Incorporation increases the number of authorized shares of common stock and authorizes the issuance of debt instruments, including, but not limited to, subordinated notes.

SAVINGS INSTITUTIONS

No activity.

CREDIT UNIONS

Consolidations, Mergers, and Absorptions

Date Name and Location of ApplicantAction
12-15-2009 First Choice Federal Credit Union
New Castle
Lawrence County
Approved
Application for approval to merge New Castle Postal Employees Credit Union, New Castle, with and into First Choice Federal Credit Union, New Castle.

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

STEVEN KAPLAN, 
Secretary

[Pa.B. Doc. No. 10-16. Filed for public inspection December 31, 2009, 9:00 a.m.]



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