2098 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [44 Pa.B. 6571]
    [Saturday, October 11, 2014]

     The Department of Banking and Securities (Department), under to 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 and Securities 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 September 30, 2014.

     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

    Date Name and Location of Applicant Action
    9-26-2014 Univest Corporation of Pennsylvania
    Souderton
    Montgomery County
    Filed
    Application for approval to acquire 100% of Valley Green Bank, Philadelphia.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    9-3-2014 Univest Bank & Trust Company
    Souderton
    Montgomery County
    Filed
    Application for approval to merge Valley Green Bank, Philadelphia, with and into Univest Bank & Trust Company, Souderton.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    9-29-2014 Univest Bank and Trust Company
    Souderton
    Montgomery County
    15 Swamp Road
    Newtown
    Bucks County
    Approved

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    9-22-2014 ESSA Bank & Trust
    Stroudsburg
    Monroe County
    To:300 Mulberry Street
    Scranton
    Lackawanna County
    Approved
    From: 139 Wyoming Avenue
    Scranton
    Lackawanna County

    CREDIT UNIONS

    Conversions

    Date Name and Location of Applicant Action
    9-30-2014 From: M-C Federal Credit Union
    Danville
    Montour County
    Effective
       To: Members Choice Financial Credit Union
    Danville
    Montour County
    Conversion from a Federal credit union to a Pennsylvania State-chartered credit union.
    Branch offices operated by Members Choice Financial Credit Union:
    100 Avenue C
    Riverside
    Northumberland County
    599 East 7th Street
    Bloomsburg
    Columbia County
    1339 St. Mary Street
    Lewisburg
    Union County
    1 Hospital Drive
    Lewisburg
    Union County
    230 Walnut Street
    Danville
    Montour County

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    9-30-2014 TruMark Financial Credit Union
    Trevose
    Bucks County
    Effective
    Application for approval to merge Norsco Federal Credit Union, Norristown, with and into TruMark Financial Credit Union, Trevose.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    3-24-2014 White Rose Credit Union
    York
    York County
    1001 Carlisle Street
    Hanover
    York County
    Opened

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

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 14-2098. Filed for public inspection October 10, 2014, 9:00 a.m.]

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