667 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 1852]
    [Saturday, April 11, 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 March 31, 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

    Interim Incorporations

    Date Name and Location of Applicant Action
    3-25-2015 Meridian Interim Bank
    Malvern
    Chester County
    Withdrawn
    The purpose of Meridian Interim Bank, Malvern, is to merge with Meridian Bank, Malvern, to facilitate the proposed reorganization of Meridian Bank into a bank holding company structure whereby Meridian Bank will become the wholly-owned subsidiary of Meridian Corporation, a new holding company in formation.

    Holding Company Acquisitions

    DateName and Location of Applicant Action
    3-27-2015GNB Financial Services, Inc.
    Gratz
    Dauphin County
    Effective
    Application for approval to acquire 100% of FNBM Financial Corporation, Minersville, and thereby indirectly acquire 100% of The First National Bank of Minersville, Minersville.

    Consolidations, Mergers and Absorptions

    Date Name and Location of ApplicantAction
    3-27-2015 The Gratz Bank
    Gratz
    Dauphin County
    Effective
    Application for approval to merge The First National Bank of Minersville, Minersville, with and into The Gratz Bank, Gratz.
    As a result of the merger, the sole office of The First National Bank of Minersville, located at the following address, became a branch office of The Gratz Bank:
    260 Sunbury Street
    Minersville
    Schuylkill County

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    3-25-2015 CNB Bank
    Clearfield
    Clearfield County
    6600 North High Street
    Worthington
    Franklin County, Ohio
    Approved
    3-25-2015 Elderton State Bank
    Elderton
    Armstrong County
    1906 River Road
    North Apollo
    Armstrong County
    Approved
    3-25-2015Republic First Bank
    Philadelphia
    Philadelphia County
    Egg Harbor and Ganttown Roads
    Sewell
    Gloucester County, NJ
    Approved
    3-25-2015 Somerset Trust Company
    Somerset
    Somerset County
    8796 Lincoln Highway
    Bedford
    Bedford County
    Approved
    3-25-2015 Univest Bank and Trust Company
    Souderton
    Montgomery County
    250 Plaza Drive
    Collegeville
    Montgomery County
    Approved
    3-26-2015 Univest Bank and Trust Company
    Souderton
    Montgomery County
    1642 Fairmount Avenue
    Philadelphia
    Philadelphia County
    Filed

    Branch Discontinuances

    DateName and Location of Applicant Location of Branch Action
    2-27-2015Fidelity Savings and Loan Association
    Bristol
    Bucks County
    704 State Street
    Croydon
    Bucks County
    Closed
    3-6-2015 Fidelity Deposit & Discount Bank
    Dunmore
    Lackawanna County
    1451 Hillside Drive
    Clarks Summit
    Lackawanna County
    Closed

    Branch Relocations

    DateName and Location of Applicant Location of Branch Action
    3-25-2015 Republic First Bank
    Philadelphia
    Philadelphia County
    To:29-39 East Wynnewood Road
    Wynnewood
    Montgomery County
    Approved
    From: 233 East Lancaster Avenue
    Ardmore
    Montgomery County
    3-25-2015 Royal Bank America
    Narberth
    Montgomery County
    To: 151 York Road
    Willow Grove
    Montgomery County
    Approved
    From:600 Old York Road
    Jenkintown
    Montgomery County

    CREDIT UNIONS

    Branch Applications

    De Novo Branches

    DateName and Location of Applicant Location of Branch Action
    3-25-2015 TruMark Financial Credit Union
    Trevose
    Bucks County
    4321-4403 Swamp Road
    Doylestown
    Bucks County
    Approved

     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. 15-667. Filed for public inspection April 10, 2015, 9:00 a.m.]

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