195 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 668]
    [Saturday, February 6, 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 January 26, 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 (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

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    1-22-2016Atlantic Community Bankers Bank
    Camp Hill
    Cumberland County
    Approved
    Application for approval to merge Interim Atlantic Community Bankers Bank, Camp Hill, with and into Atlantic Community Bankers Bank, Camp Hill.
    The merger will facilitate the proposed reorganization of Atlantic Community Bankers Bank, Camp Hill, into a bank holding company structure whereby Atlantic Community Bankers Bank will become the wholly-owned subsidiary of Atlantic Community Bancshares, Inc., Camp Hill, a new holding company in formation.
    1-22-2016Covenant Bank
    Doylestown
    Bucks County
    Approved
    Application for approval to merge Covenant Bank, Doylestown, with and into Covenant Interim Bank, Doylestown.
    The merger will facilitate the proposed reorganization of Covenant Bank, Doylestown, into a bank holding company structure whereby Covenant Bank will become the wholly-owned subsidiary of Covenant Financial, Inc., Doylestown, a new holding company in formation.

    Branch Applications

    De Novo Branches

    DateName and Location of Applicant Location of Branch Action
    1-22-2016CNB Bank
    Clearfield
    Clearfield County
    2473 Old Route 220 North
    Duncansville
    Blair County
    Approved

    CREDIT UNIONS

    Branch Applications

    De Novo Branches

    Date Name and Location of ApplicantLocation of Branch Action
    1-13-2016 Healthcare First Credit Union
    Johnstown
    Cambria County
    321 Main Street
    Johnstown
    Cambria County
    Filed
    1-13-2016 Healthcare First Credit Union
    Johnstown
    Cambria County
    194 Donald Lane
    Johnstown
    Cambria County
    Filed

     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. 16-195. Filed for public inspection February 5, 2016, 9:00 a.m.]

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