412 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 1325]
    [Saturday, March 12, 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 March 1, 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

    Conversions

    Date Name and Location of Applicant Action
    2-29-2016 From: First National Community Bank
    Dunmore
    Lackawanna County
    Filed
      To: FNCB Bank
    Dunmore
    Lackawanna County
    Application for approval to convert from a National banking association to a Pennsylvania State-chartered bank.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    2-29-2016 C&G Savings Bank
    Altoona
    Blair County
    Effective
    Merger of Cresson Community Bank, Cresson, with and into C&G Savings Bank, Altoona, and changing their corporate title to PennCrest Bank.
    As a result of the merger, the sole office of Cresson Community Bank, located at the following address, became a branch office of PennCrest Bank:
    700 Second Street
    Cresson
    Cambria County

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    2-22-2016 Univest Bank and Trust Company
    Souderton
    Montgomery County
    1980 South Easton Road
    Doylestown
    Bucks County
    (Limited Service Facility)
    Opened
    2-25-2016 PS Bank
    Wyalusing
    Bradford County
    251 East Grove Street
    Clarks Green
    Lackawanna County
    Filed
    3-1-2016 Orrstown Bank
    Shippensburg
    Cumberland County
    4750 Lindle Road
    Harrisburg
    Dauphin County
    Filed

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    2-26-2016 TruMark Financial Credit Union
    Trevose
    Bucks County
    Filed
    Application for approval to merge Keystone Federal Credit Union, West Chester, with and into TruMark Financial Credit Union, Trevose.

    Articles of Amendment

    Date Name and Location of Institution Action
    2-26-2016 1st Ed Credit Union
    Chambersburg
    Franklin County
    Effective
    Amendment to Article 8 of the institution's Articles of Incorporation provides for ''students'' to be added to their Field of Membership.

     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. 16-412. Filed for public inspection March 11, 2016, 9:00 a.m.]

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