466 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 1439]
    [Saturday, March 19, 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 8, 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

    Holding Company Acquisitions

    DateName and Location of Applicant Action
    3-4-2016Univest Corporation of Pennsylvania
    Souderton
    Montgomery County
    Filed
    Application for approval to acquire 100% of Fox Chase Bancorp, Inc., Hatboro, and thereby indirectly acquire 100% of Fox Chase Bank, Hatboro.

    Consolidations, Mergers and Absorptions

    DateName and Location of Applicant Action
    3-4-2016 Univest Bank and Trust Company
    Souderton
    Montgomery County
    Filed
    Application for approval to merge Fox Chase Bank, Hatboro, with and into Univest Bank and Trust Company, Souderton.

    Branch Applications

    De Novo Branches

    DateName and Location of ApplicantLocation of Branch Action
    3-4-2016 PeoplesBank, A Codorus Valley Company
    York
    York County
    211 Mount Carmel Road
    Parkton
    Baltimore County, MD
    Approved
    3-4-2016Coatesville Savings Bank
    Coatesville
    Chester County
    625 Robert Fulton Highway
    Quarryville
    Lancaster County
    Filed

    Branch Discontinuances

    DateName and Location of ApplicantLocation of Branch Action
    2-26-2016Citizens Bank of PA
    Philadelphia
    Philadelphia County
    1101-1119 Brownsville Road
    Pittsburgh
    Allegheny County
    Closed
    2-29-2016 Marion Center Bank
    Indiana
    Indiana County
    162 Route 119 Highway North
    Indiana
    Indiana County
    Closed

    CREDIT UNIONS

    No activity.

     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. 16-466. Filed for public inspection March 18, 2016, 9:00 a.m.]

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