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PA. BANKERS ASS'N v. PA. DEPT. OF BANKING

910 A.2d 767 (2006)

PENNSYLVANIA BANKERS ASSOCIATION, Adams County National Bank, Community Banks, Pennsylvania Association of Community Bankers, and Sterling Financial Corporation, Petitioners v. PENNSYLVANIA DEPARTMENT OF BANKING, Belco Community Credit Union, Pennsylvania Department of Revenue, Attorney General, Respondents.

Commonwealth Court of Pennsylvania.

Decided November 13, 2006.

Reargument Denied December 13, 2006.

Attorney(s) appearing for the Case

Raymond P. Pepe, Harrisburg, for petitioners.

Linda Carroll, Deputy Chief Counsel, Harrisburg, for respondent, Department of Banking.

Francis X. Crowley, Philadelphia, for respondent, Belco Community Credit Union.

Richard T. Wargo, Jr., Harrisburg, for Intervenor, PA Credit Union Assoc.

BEFORE: FRIEDMAN, Judge, and COHN JUBELIRER, Judge, and McCLOSKEY, Senior Judge.

OPINION BY Judge FRIEDMAN.

Pennsylvania Bankers Association, Adams County National Bank, Community Banks, Pennsylvania Association of Community Bankers, and Sterling Financial Corporation (the Banks) have petitioned for review of the July 8, 2005, deemed approval by the Pennsylvania Department of Banking (Department) of Belco Community Credit Union's (Belco) charter conversion application.1 We vacate and remand.

On May 26, 2005...

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