455 Actions on applications  

  • Actions on Applications

    [43 Pa.B. 1423]
    [Saturday, March 16, 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 March 5, 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

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    2-28-2013 First Priority Financial Corp.
    Malvern
    Chester County
    Effective
    Application for approval to acquire 100% of Affinity Bancorp, Inc., Wyomissing, and thereby indirectly acquire 100% of Affinity Bank of Pennsylvania, Wyomissing.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    2-28-2013 First Priority Bank
    Malvern
    Chester County
    Effective
    All branch offices of Affinity Bank of Pennsylvania will become branch offices of First Priority Bank including the former main office of Affinity Bank of Pennsylvania located at:
    1310 Broadcasting Road
    Wyomissing
    Berks County

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    3-1-2013 Somerset Trust Company
    Somerset
    Somerset County
    1450 Morrell Avenue
    Connellsville
    Fayette County
    Opened

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    3-5-2013 Conestoga Bank
    Chester Springs
    Chester County
    To: 125 East Swedesford Road
    Wayne
    Chester County
    Approved
    From: 500 Chesterbrook Boulevard
    Wayne
    Chester County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

     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. 13-455. Filed for public inspection March 15, 2013, 9:00 a.m.]

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