283 Actions on applications

DEPARTMENT OF BANKING AND SECURITIES

Actions on Applications

[46 Pa.B. 895]
[Saturday, February 20, 2016]

 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 February 9, 2016.

 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

Consolidations, Mergers and Absorptions

Date	Name and Location of Applicant			Action
2-5-2016	Covenant Bank Doylestown Bucks County			Effective
	Merger of Covenant Bank, Doylestown, with and into Covenant Interim Bank, Doylestown, continuing under the name of Covenant Bank. As a result of this transaction, Covenant Bank has become the wholly-owned subsidiary of Covenant Financial, Inc., Doylestown, a newly-formed holding company.

Branch Applications

De Novo Branches

Date	Name and Location of Applicant		Location of Branch	Action
2-3-2016	Compass Savings Bank Wilmerding Allegheny County		87 Rocky Road Irwin Westmoreland County	Approved
2-9-2016	Univest Bank and Trust Company Souderton Montgomery County		1980 South Easton Road Doylestown Bucks County (Limited Service Facility)	Approved

Branch Relocations

Date	Name and Location of Applicant		Location of Branch	Action
1-31-2016	First Citizens Community Bank Mansfield Tioga County	Into:	1 Pearl Street Wellsboro Tioga County	Effective
		From:	11798 Route 6 (201 Weis Plaza) Wellsboro Tioga County
2-5-2016	Orrstown Bank Shippensburg Cumberland County	To:	4075 Market Street Camp Hill Cumberland County	Filed
		From:	3045 Market Street Camp Hill Cumberland County

CREDIT UNIONS

Change of Principal Place of Business

Date	Name and Location of Institution		Address	Action
2-5-2016	Healthcare First Credit Union Johnstown Cambria County	To:	1152 Franklin Street Johnstown Cambria County	Effective
		From:	119 Walnut Street Johnstown Cambria County

 The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.

ROBIN L. WIESSMANN, 
Secretary

[Pa.B. Doc. No. 16-283. Filed for public inspection February 19, 2016, 9:00 a.m.]