2048 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [43 Pa.B. 6525]
    [Saturday, November 2, 2013]

     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 December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; 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 October 22, 2013.

     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

    Conversions

    Date Name and Location of Applicant Action
    10-15-2013 From: The Jim Thorpe National Bank
    Jim Thorpe
    Carbon County
    Filed
    To: Jim Thorpe Neighborhood Bank
    Jim Thorpe
    Carbon County
    Application for approval to convert from a National banking association to a Pennsylvania State-chartered bank.

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    10-22-2013 Peoples Financial Services Corp
    Hallstead
    Susquehanna County
    Approved
    Application for approval to acquire 100% of Penseco Financial Services Corporation, Scranton, and thereby indirectly acquire 100% of Penn Security Bank and Trust Company, Scranton.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    10-22-2013 Peoples Neighborhood Bank
    Hallstead
    Susquehanna County
    Approved
    Application for approval to merge Penn Security Bank and Trust Company, Scranton, with and into Peoples Neighborhood Bank, Hallstead.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    10-21-2013 Woodlands Bank
    Williamsport
    Lycoming County
    2 South Main Street
    Hughesville
    Lycoming County
    Opened

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    10-3-2013 Susquehanna Bank
    Lititz
    Lancaster County
    12106 Centennial Road
    Warminster
    Bucks County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    4501 Hanover Pike
    Manchester
    Carroll County, MD
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    329 North Main Street
    Chalfont
    Bucks County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    1262 Vocke Road
    La Vale
    Allegheny County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    407 South Broad Street
    Lansdale
    Montgomery County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    233 Hershey Road
    Hummelstown
    Dauphin County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    14 North Pearl Street
    Bridgeton
    Cumberland County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    One College Avenue
    Grantham
    Cumberland County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    2305 South Market Street
    Elizabethtown
    Lancaster County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    1001 Easton Road
    Willow Grove
    Montgomery County
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    1101 Professional Court
    Hagerstown
    Washington County, MD
    Closed
    10-4-2013 Susquehanna Bank
    Lititz
    Lancaster County
    600 Richmond Drive
    Lancaster
    Lancaster County
    Closed

    Articles of Amendment

    Date Name and Location of Institution Action
    10-22-2013 First Cornerstone Bank
    King of Prussia
    Montgomery County
    Effective
    Amendment to Article Fifth, Section A of the institution's Articles of Incorporation provides for an increase in the number of authorized shares of its Class A common stock from 100,000,000 to 200,000,000.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    10-22-2013 White Rose Credit Union
    York
    York County
    Filed
    Application for approval to merge HD York Federal Credit Union, York, with and into White Rose Credit Union, York.

    Branch Applications

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    10-18-2013 Belco Community Credit Union
    Harrisburg
    Dauphin County
    To: Lot 9 Gateway Hanover
    Hanover
    York County
    Approved
    From: 110 West Eisenhower Drive
    Hanover
    York County

     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. 13-2048. Filed for public inspection November 1, 2013, 9:00 a.m.]

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