2318 Actions on applications

DEPARTMENT OF BANKING AND SECURITIES

Actions on Applications

[44 Pa.B. 7080]
[Saturday, November 8, 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 October 28, 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 [phone]. 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
10-23-2014	GNB Financial Services, Inc. Gratz Dauphin County			Filed
	Application for approval to acquire 100% of FNBM Financial Corporation, Minersville, and thereby indirectly acquire 100% of The First National Bank of Minersville, Minersville.
10-24-2014	Beneficial Bancorp, Inc. Philadelphia Philadelphia County			Approved
	Beneficial Bancorp, Inc., a holding company in formation filed an application for approval to acquire 100% of Beneficial Mutual Savings Bank, Philadelphia, in connection with Beneficial Mutual Savings Bank's conversion from a Pennsylvania State-chartered mutual savings bank to a Pennsylvania State-chartered stock savings bank. Beneficial Mutual Savings Bank will change its name to Beneficial Bank.

Consolidations, Mergers and Absorptions

Date	Name and Location of Applicant			Action
10-23-2014	The Gratz Bank Gratz Dauphin County			Filed
	Application for approval to merge The First National Bank of Minersville, Minersville, with and into The Gratz Bank, Gratz.
10-24-2014	PeoplesBank, a Codorus Valley Company York York County			Approved
	Application for approval to merge Madison Square Federal Savings Bank, Baltimore, MD, with and into PeoplesBank, a Codorus Valley Company, York.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
10-20-2014	Somerset Trust Company Somerset Somerset County		900 West Crawford Avenue Connellsville Fayette County	Opened
10-24-2014	York Traditions Bank York York County		361 Eisenhower Drive Hanover York County	Opened

Branch Relocations

Date	Name and Location of Applicant		Location of Branch	Action
10-18-2014	Royal Bank America Narberth Montgomery County	To:	1651 Blackwood Clementon Road Blackwood Camden County, NJ	Effective
		From:	1990 New Brooklyn Road Sicklerville Gloucester County, NJ

 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. 14-2318. Filed for public inspection November 7, 2014, 9:00 a.m.]