2274 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [43 Pa.B. 7110]
    [Saturday, December 7, 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 November 26, 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

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    11-19-2013 Quaint Oak Bancorp, Inc. Employee Stock Ownership Plan and Trustee John J. Augustine and Diane J. Colyer Approved
    Application for approval to acquire up to 24.9% of the common stock of Quaint Oak Bancorp, Inc. Southampton, the parent bank holding company of Quaint Oak Bank, Southampton.
    11-22-2013 Robert T. Strong and Kathleen M. Strong Approved
    Application for approval to acquire up to 24.9% of the common stock of Quaint Oak Bancorp, Inc. Southampton.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    11-13-2013 Mifflin County Savings Bank
    Lewistown
    Mifflin County
    108 East Main Street
    Allensville
    Mifflin County
    Opened

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    11-22-2013 Royal Bank America
    Narberth
    Montgomery County
    To: 795 East Lancaster Avenue
    Villanova
    Delaware County
    Approved
    From: 801 East Lancaster Avenue
    Villanova
    Delaware County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    11-15-2013 Butler Armco Employees Credit Union
    Butler
    Butler County
    Filed
    Application for approval to merge Penn Drake Credit Union, Karns City, with and into Butler Armco Employees Credit Union, Butler.

    Community Charter Conversions

    Date Name and Location of Institution Action
    11-15-2013 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, worship, work (or regularly conduct business in), or attend school in Chester and Delaware Counties, Pennsylvania.''

    Branch Applications

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    10-31-2013 Superior Credit Union
    Collegeville
    Montgomery County
    To: 799 Main Street
    Montgomery County
    Royersford
    Effective
    From: 434 Main Street
    Royersford
    Montgomery 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. 13-2274. Filed for public inspection December 6, 2013, 9:00 a.m.]

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