710 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [43 Pa.B. 2166]
    [Saturday, April 20, 2013]

     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 December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; the act of May 15, 1933 (P. L. 565, No. 111), known as the Department of Banking and Securities 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 9, 2013.

     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

    Date Name and Location of Applicant Action
    4-9-2013 Thomas M. Saltsgiver Approved
    Application for approval to acquire up to 85.14% of the common stock of First Cornerstone Bank, King of Prussia.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    4-4-2013 Republic First Bank
    Philadelphia
    Philadelphia County
    399 Route 70 East
    Cherry Hill
    Camden County, NJ
    Filed

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    4-4-2013 Republic First Bank
    Philadelphia
    Philadelphia County
    To: 448 East Baltimore Pike
    Media
    Delaware County
    From: 436-438 East Baltimore Pike
    Media
    Delaware County
    Filed
    4-4-2013Republic First Bank
    Philadelphia
    Philadelphia County
    To: 101 Laurel Oak Road
    Voorhees
    Camden County, NJ
    From: 342 Burntmill Road
    Voorhees
    Camden County, NJ
    Filed

    Articles of Amendment

    DateName and Location of Institution Action
    4-8-2013 PeoplesBank, A Codorus Valley Company
    Glen Rock
    York County
    Effective
    Amendment to Article II of the institution's Articles of Incorporation provides for the institution to change their principal place of business from 1 Manchester Street, P. O. Box 127, Glen Rock, PA 17327 to 105-109 Leader Heights Road, P. O. Box 2887, York, PA 17405-2887.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

     The Department's web site at www.dobs.state.pa.us includes public notices for more recently filed applications.

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 13-710. Filed for public inspection April 19, 2013, 9:00 a.m.]

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