2555 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [44 Pa.B. 7728]
    [Saturday, December 13, 2014]

     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 December 2, 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

    Conversions

    Date Name and Location of Applicant Action
    11-24-2014 From: Phoenixville Federal Bank & Trust
    Phoenixville
    Chester County
    Filed
      To: Phoenixville Federal Bank & Trust
    Phoenixville
    Chester County
    Application for approval to convert from a Federally-chartered Savings Association to a Pennsylvania State-chartered Savings Bank.

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    10-1-2014 Farmers & Merchants Bancorp of Western PA, Inc.
    Kittanning
    Armstrong County
    Effective
    Approval for Farmers & Merchants Bancorp of Western PA, Inc., Kittanning, to acquire 100% of NexTier, Inc., Butler.
    11-24-2014 Wesbanco, Inc.
    Wheeling
    Ohio County, WV
    Filed
    Approval for Wesbanco, Inc., Wheeling, to acquire 100% of ESB Financial Corporation, Ellwood City.
    11-25-2014 Univest Corporation of Pennsylvania
    Souderton
    Montgomery County
    Approved
    Application for approval to acquire 100% of Valley Green Bank, Philadelphia.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    11-25-2014 Univest Bank and Trust Co.
    Souderton
    Montgomery County
    Approved
    Application for approval to merge Valley Green Bank, Philadelphia, with and into Univest Bank and Trust Co., Souderton.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    10-28-2014 PeoplesBank, A Codorus Valley Company
    York
    York County
    3100 Market Street
    Camp Hill
    Cumberland County
    Opened

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    11-14-2014 Wayne Bank
    Honesdale
    Wayne County
    Into: 308 Stroud Mall Road
    Stroudsburg
    Monroe County
    Effective
    From: 334 North Ninth Street
    Stroudsburg
    Monroe County

    Articles of Amendment

    Date Name and Location of Institution Action
    12-2-2014 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    Effective
    Amendment to Article II of the institution's Articles of Incorporation provides for a change in principal place of business from 1701 John F. Kennedy Boulevard, Philadelphia, Philadelphia County, PA 19103 to One Logan Square, 130 North 18th Street, Philadelphia, Philadelphia County, PA 19103.

    CREDIT UNIONS

    No activity.

     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. 14-2555. Filed for public inspection December 12, 2014, 9:00 a.m.]

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