158 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 566]
    [Saturday, January 30, 2016]

     The Department of Banking and Securities (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 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 January 19, 2016.

     Under section 503.E of the Department of Banking and Securities 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 and Securities, 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

    Holding Company Acquisitions

    DateName and Location of Applicant Action
    1-8-2016 Nextier, Inc.
    Kittanning
    Armstrong County
    Effective
    Application for approval to acquire 100% of Eureka Financial Corporation, Pittsburgh and thereby indirectly acquire 100% of Eureka Bank, Financial Savings Association, Pittsburgh.
    1-19-2016Beneficial Bancorp, Inc.
    Philadelphia
    Philadelphia County
    Approved
    Application for approval to acquire 100% of Conestoga Bancorp, Inc., Chester Springs and thereby indirectly acquire 100% of Conestoga Bank, Chester Springs.

    Consolidations, Mergers and Absorptions

    DateName and Location of ApplicantAction
    1-19-2016 Beneficial Bank
    Philadelphia
    Philadelphia County
    Approved
    Application for approval to merge Conestoga Bank, Chester Springs with and into Beneficial Bank, Philadelphia.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    1-4-2016PeoplesBank, A Codorus Valley Company
    York
    York County
    One Masonic Drive
    Elizabethtown
    Lancaster County
    Opened
    1-12-2016The Bank of Landisburg
    Landisburg
    Perry County
    2784 Keystone Way
    Newport
    Perry County
    (Formerly 2780 Keystone Way)
    Opened

    CREDIT UNIONS

    No activity.

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

    ROBIN L. WIESSMANN, 
    Secretary

    [Pa.B. Doc. No. 16-158. Filed for public inspection January 29, 2016, 9:00 a.m.]

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