368 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITES

    Actions on Applications

    [46 Pa.B. 1221]
    [Saturday, March 5, 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 February 23, 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

    Section 112 Acquisitions

    DateName and Location of Applicant Action
    2-17-2016 Richard J. Green Approved
    Application for approval to acquire over 50% majority voting control of Semperverde Holding Company, Conshohocken, and thereby voting control of Firstrust Savings Bank, which is a wholly owned subsidiary of Semperverde Holding Company.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    2-17-2016 C&G Savings Bank
    Altoona
    Blair County
    Approved
    Application for approval to merge Cresson Community Bank, Cresson, with and into C&G Savings Bank, Altoona, and changing their corporate title to PennCrest Bank.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    2-17-2016 CNB Bank
    Clearfield
    Clearfield County
    3606 State Road
    Ashtabula
    Ashtabula County, OH
    Approved
    2-18-2016 PS Bank
    Wyalusing
    Bradford County
    100 Old Lackawanna Trail
    Clarks Summit
    Lackawanna County
    Approved
    2-18-2016Clarion County Community Bank
    Clarion
    Clarion County
    1272 Elk Street
    Franklin
    Venango County
    Filed
    2-18-2016The Muncy Bank & Trust Company
    Muncy
    Lycoming County
    7520 South Route 220 Highway
    Linden
    Lycoming County
    Filed
    12-21-2015 S&T Bank
    Indiana
    Indiana County
    3501 Embassy Parkway
    Akron
    Summit County
    Opened

    Branch Discontinuances

    DateName and Location of Applicant Location of Branch Action
    2-12-2016 PS Bank
    Wyalusing
    Bradford County
    296 Eagles Mere Avenue
    Eagles Mere
    Sullivan County
    Closed

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName and Location of Applicant Action
    2-18-2016 Healthcare First Credit Union
    Johnstown
    Cambria County
    Approved
    Application for approval to merge Altoona Regional Health System Federal Credit Union, Altoona, with and into Healthcare First Credit Union, Johnstown.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    2-23-2016Healthcare First Credit Union
    Johnstown
    Cambria County
    321 Main Street
    Johnstown
    Cambria County
    Approved
    2-23-2016 Healthcare First Credit Union
    Johnstown
    Cambria County
    194 Donald Lane
    Johnstown
    Cambria County
    Approved

     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. 16-368. Filed for public inspection March 4, 2016, 9:00 a.m.]

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