2432 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [44 Pa.B. 7374]
    [Saturday, November 22, 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 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 November 11, 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
    10-24-2014 National Penn Bancshares, Inc.
    Allentown
    Lehigh County
    Effective
    Application for approval to acquire 100% of TF Financial, Inc., Newtown, and thereby indirectly acquire 100% of 3rd Fed Bank, Newtown.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    11-5-2014 Prudential Savings Bank
    Philadelphia
    Philadelphia County
    329 North Main Street
    Chalfont
    Bucks County
    Approved

    Branch Discontinuance

    Date Name and Location of Applicant Location of Branch Action
    10-16-2014 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    7543 Haverford Avenue
    Philadelphia
    Philadelphia County
    Closed
    10-24-2014 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    209 Lancaster Avenue
    Devon
    Chester County
    Closed
    10-31-2014 Union Community Bank
    Mount Joy
    Lancaster County
    108 North Reading Road
    Ephrata
    Lancaster County
    Closed

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    10-31-2014 Clearfield Bank & Trust Company
    Clearfield
    Clearfield County
    Into: 7571 Huntingdon Plaza
    Huntingdon
    Huntingdon County
    Effective
    From: 729 Main Street
    Saxton
    Bedford County
    10-31-2014 Clearfield Bank & Trust Company
    Clearfield
    Clearfield County
    Into: 16 West Shirley Street
    Mount Union
    Huntingdon County
    Effective
    From: 8384 Ashman Street
    Saxton
    Bedford County

    CREDIT UNIONS

    Community Charter Conversions

    Date Name and Location of Institution Action
    11-3-2014 Boeing Helicopters Credit Union
    Ridley Park
    Delaware County
    Filed
    The credit union proposes to amend Article 8 of its Articles of Incorporation to provide the following field of membership: ''Persons who live, work, worship, or attend school and businesses or other legal entities located within the county of Delaware in Pennsylvania, employees of the Credit Union and member of the immediate family or household of any of the foregoing; and organizations of such persons.''

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    11-5-2014 TruMark Financial Credit Union
    Trevose
    Bucks County
    301 Horsham Road
    Horsham
    Montgomery County
    Approved

     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. 14-2432. Filed for public inspection November 21, 2014, 9:00 a.m.]

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