230 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 680]
    [Saturday, February 7, 2015]

     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 27, 2015.

     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

    Holding Company Acquisitions

    DateName and Location of Applicant Action
    1-12-2015 Beneficial Bancorp, Inc.
    Philadelphia
    Philadelphia County
    Effective
    Beneficial Bancorp, Inc., a holding company in formation filed an application for approval to acquire 100% of Beneficial Mutual Savings Bank, Philadelphia, in connection with Beneficial Mutual Savings Bank's conversion from a Pennsylvania State-chartered mutual savings bank to a Pennsylvania State-chartered stock savings bank. Beneficial Mutual Savings Bank changed its name to Beneficial Bank.
    1-23-2015 S&T Bancorp, Inc.
    Indiana
    Indiana County
    Approved
    Approval to acquire 100% of Integrity Bancshares, Inc., Camp Hill, and thereby indirectly acquire 100% of Integrity Bank, Camp Hill.
    1-23-2015Wesbanco, Inc.
    Wheeling
    Ohio County, WV
    Approved
    Approval for Wesbanco, Inc., Wheeling, WV, to acquire 100% of ESB Financial Corporation, Ellwood City.

    Consolidations, Mergers and Absorptions

    Date Name and Location of ApplicantAction
    1-21-2015S&T Bank
    Indiana
    Indiana County
    Filed
    Application for approval to merge Integrity Bank, Camp Hill, with and into S&T Bank, Indiana.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    12-31-2014 Republic First Bank
    Philadelphia
    Philadelphia County
    100 William L. Dalton Drive
    Glassboro
    Gloucester County, NJ
    Opened
    1-21-2015 CNB Bank
    Clearfield
    Clearfield County
    2302 West 12th Street
    Erie
    Erie County
    Opened
    1-21-2015 Republic First Bank
    Philadelphia
    Philadelphia County
    Egg Harbor and Ganttown Roads
    Sewell
    Gloucester County, NJ
    Filed

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    1-16-2015 PS Bank
    Wyalusing
    Bradford County
    111 Main Street
    Ulster
    Bradford County
    Closed
    1-21-2015 Farmers & Merchants Trust Company
    Chambersburg
    Franklin County
    182 Buchanan Trail
    McConnellsburg
    Fulton County
    Closed
    1-21-2015 Farmers & Merchants Trust Company
    Chambersburg
    Franklin County
    560 Great Cove Road
    Warfordsburg
    Fulton County
    Closed
    1-21-2015 Farmers & Merchants Trust Company
    Chambersburg
    Franklin County
    6962 Lincoln Way West
    Saint Thomas
    Franklin County
    Closed

    CREDIT UNIONS

    Branch Applications

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    1-23-2015 TruMark Financial Credit Union
    Trevose
    Bucks County
    To:1701 Market Street
    Philadelphia
    Philadelphia County
    Approved
    From:1811 John F. Kennedy Boulevard
    Philadelphia
    Philadelphia County

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

    ROBIN L. WIESSMANN, 
    Acting Secretary

    [Pa.B. Doc. No. 15-230. Filed for public inspection February 6, 2015, 9:00 a.m.]

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