557 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 1654]
    [Saturday, April 2, 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 22, 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
    3-18-2016 Emclaire Financial Corporation
    Emlenton
    Venango County
    Approved
    Application for approval to acquire 100% of United-American Savings Bank, Pittsburgh.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    3-18-2016 United-American Savings Bank
    Pittsburgh
    Allegheny County
    Approved
    Application for approval to merge U-A Interim National Association, Emlenton, with and into United-American Savings Bank, Pittsburgh.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    2-3-2016 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    4275 County Line Road
    Chalfont
    Bucks County
    Opened

    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. 16-557. Filed for public inspection April 1, 2016, 9:00 a.m.]

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