641 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 1906]
    [Saturday, April 16, 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 April 5, 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

    Interim Incorporations

    DateName and Location of Applicant Action
    3-29-2016CNB Interim Bank
    Clearfield
    Clearfield County
    Filed
    The purpose of CNB Interim Bank, Clearfield, is to facilitate the proposed merger of Lake National Bank, Mentor, OH, with and into CNB Bank, Clearfield, PA, with CNB Bank surviving.

    Holding Company Acquisitions

    DateName and Location of Applicant Action
    3-29-2016 WSFS Financial Corporation
    Wilmington
    New Castle County, DE
    Approved
    Application for approval to acquire 100% of Penn Liberty Financial Corporation, Wayne, and thereby indirectly acquire 100% of Penn Liberty Bank, Wayne.
    4-1-2016BB&T Corporation
    Winston-Salem
    Forsyth County, NC
    Effective
    Application for approval to acquire 100% of National Penn Bancshares, Inc., Allentown, and thereby indirectly acquire 100% of National Penn Bank, Allentown.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    3-29-2016CNB Bank
    Clearfield
    Clearfield County
    Filed
    Application for approval to merge Lake National Bank, Mentor, OH, with and into CNB Bank, Clearfield, PA.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    3-3-2016 Brentwood Bank
    Bethel Park
    Allegheny County
    3039 Washington Pike
    Bridgeville
    Allegheny County
    Opened
    3-31-2016 First Citizens Community Bank
    Mansfield
    Tioga County
    1157 West Branch Parkway
    Winfield
    Union County
    Approved
    4-1-2016 ACNB Bank
    Gettysburg
    Adams County
    201 Pauline Drive
    York
    York County
    Filed
    4-5-2016 PS Bank
    Wyalusing
    Bradford County
    251 East Grove Street
    Clarks Green
    Lackawanna County
    Approved

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    4-1-2016 ESSA Bank & Trust
    Stroudsburg
    Monroe County
    To:227 West Lancaster Avenue
    Devon
    Chester County
    Filed
    From:410 West Lancaster Avenue
    Devon
    Chester County
    4-4-2016 Orrstown Bank
    Shippensburg
    Cumberland County
    To:4075 Market Street
    Camp Hill
    Cumberland County
    Approved
    From:3045 Market Street
    Camp Hill
    Cumberland County

    Branch Discontinuances

    DateName and Location of Applicant Location of Branch Action
    3-31-2016 AmeriServ Financial Bank
    Johnstown
    Cambria County
    734 South Atherton Street
    State College
    Centre 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. 16-641. Filed for public inspection April 15, 2016, 9:00 a.m.]

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