2236 Actions on applications  


  • DEPARTMENT OF BANKING

    Actions on Applications

    [38 Pa.B. 6759]
    [Saturday, December 13, 2008]

       The Department of Banking (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 Code; and the act of December 9, 2002 (P. L. 1572, No. 207), known as the Credit Union Code, has taken the following action on applications received for the week ending December 2, 2008.

       Under section 503.E of the Department of Banking 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, 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 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 during regular business hours. 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 of Corporation Location Action
    11-29-2008 Franklin Financial Services Corporation, Chambersburg, acquired 100% of Community Financial, Inc., Camp Hill, and thereby indirectly acquired Community Trust Company, Camp HillChambersburgEffective

    Consolidations, Mergers and Absorptions

    Date Name of Bank Location Action
    11-29-2008 Farmers and Merchants Trust Company of Chambersburg, Chambersburg, and Community Trust Company, Camp Hill Surviving Institution: Farmers and Merchants Trust Company of Chambersburg, ChambersburgChambersburgEffective

    Branch Applications

    De Novo Branches

    Date Name of BankLocationAction
    11-15-2008 QNB Bank
    Quakertown
    Bucks County
    1042 Millcreek Road
    Wescosville
    Lehigh County
    Opened
    11-26-2008 CNB Bank
    Clearfield
    Clearfield County
    885 Park Avenue
    Meadville
    Crawford County
    Filed
    The previous branch office will be operated under the fictitious name ''ERIEBANK.''

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Branch Applications

    Date Name of Credit Union LocationAction
    11-24-2008 Belco Community Credit Union
    Harrisburg
    Dauphin County
    5304 Carlisle Pike
    Mechanicsburg
    Cumberland County
    Opened

       The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.

    STEVEN KAPLAN,   
    Secretary

    [Pa.B. Doc. No. 08-2236. Filed for public inspection December 12, 2008, 9:00 a.m.]


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