1761 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 5960]
    [Saturday, October 3, 2015]

     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 September 22, 2015.

     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

    Interim Incorporations

    Date Name and Location of Applicant Action
    9-16-2015 Interim Atlantic Community Bankers Bank
    Camp Hill
    Cumberland County
    Filed
    The purpose of Interim Atlantic Community Bankers Bank, Camp Hill, is to merge with Atlantic Community Bankers Bank, Camp Hill, to facilitate the proposed reorganization of Atlantic Community Bankers Bank into a bank holding company structure whereby Atlantic Community Bankers Bank will become the wholly-owned subsidiary of Atlantic Community Bancshares, Inc., a new holding company in formation.
    9-18-2015 Covenant Interim Bank
    Doylestown
    Bucks County
    Filed
    The purpose of Covenant Interim Bank, Doylestown, is to merge with Covenant Bank, Doylestown, to facilitate the proposed reorganization of Covenant Bank into a bank holding company structure whereby Covenant Bank will become the wholly-owned subsidiary of Covenant Financial, Inc., a new holding company in formation.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    9-14-2015 Prudential Savings Bank
    Philadelphia
    Philadelphia County
    2 Penn Center
    1500 John F. Kennedy Boulevard
    Philadelphia
    Philadelphia County
    Opened
    9-15-2015 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    4275 County Line Road
    Chalfont
    Bucks County
    Approved
    9-16-2015 Penn Liberty Bank
    Wayne
    Delaware County
    110 Town Square Place
    King of Prussia
    Montgomery County
    Filed
    9-16-2015 Northwest Savings Bank
    Warren
    Warren County
    3858 North Buffalo Road
    Orchard Park
    Erie County, New York
    Filed

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    9-11-2015 Prudential Savings Bank
    Philadelphia
    Philadelphia County
    112 South 19th Street
    Philadelphia
    Philadelphia County
    Closed

    CREDIT UNIONS

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    9-16-2015 TruMark Financial Credit Union
    Trevose
    Bucks County
    8500-5804 Germantown Avenue
    Philadelphia
    Philadelphia County
    Approved

    Articles of Amendment

    Date Name and Location of Institution Action
    9-21-2015 Local 380 IBEW Credit Union
    Collegeville
    Montgomery County
    Effective
    Amendment to Article I of the institution's Articles of Incorporation provides for change in their corporate title to ''Affiliated Trades Credit Union.''

     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. 15-1761. Filed for public inspection October 2, 2015, 9:00 a.m.]

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