1762 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 6541]
    [Saturday, October 15, 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 October 4, 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 his or her 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

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    9-29-2016 Firetree Ltd.
    Williamsport
    Lycoming County
    Filed
    Application for approval to acquire in excess of 10% of the common stock of Woodlands Financial Services Company, Williamsport.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    10-3-2016 Univest Bank and Trust Co.
    Souderton
    Montgomery County
    4600 Broadway
    Allentown
    Lehigh County
    (Limited Service Facility)
    Approved

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    10-1-2016 Alcose Credit Union
    White Oak
    Allegheny County
    Effective
    Application for approval to merge Sacred Heart of Corpus Christi Federal Credit Union, White Oak, with and into Alcose Credit Union, White Oak.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    10-3-2016 1st Ed Credit Union
    Chambersburg
    Franklin County
    2463 Loop Road
    Chambersburg
    Franklin County
    Filed
    10-3-2016 Members Choice Financial Credit Union
    Danville
    Montour County
    11218 Sate Route 61
    Mt. Carmel
    Northumberland County
    Filed

     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. 16-1762. Filed for public inspection October 14, 2016, 9:00 a.m.]

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