734 Actions on applications?  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [42 Pa.B. 2199]
    [Saturday, April 21, 2012]

     The Department of Banking (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 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 3, 2012.

     Under section 503.E of the Department of Banking 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, 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

    Date Name and Location of Applicant Action
    4-2-2012 Beneficial Mutual Bancorp, Inc.
    Philadelphia
    Philadelphia County
    Effective
    Application for approval to acquire 100% of SE Financial Corp., Philadelphia, and thereby indirectly acquire 100% of St. Edmond's Federal Savings Bank, Philadelphia.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    4-2-2012 Beneficial Mutual Bancorp, Inc.
    Philadelphia
    Philadelphia County
    Effective
    Merger of St. Edmond's Federal Savings Bank, Philadelphia, with and into Beneficial Mutual Savings Bank, Philadelphia.
    As a result of the merger, the following branch offices of St. Edmond's Federal Savings Bank became branch offices of Beneficial Mutual Savings Bank:
    1901 East Passyunk Avenue
    Philadelphia
    Philadelphia County
    20 Woodside Road
    Ardmore
    Delaware County
    1893 Hurffville Road
    Deptford
    New Jersey
    1270 Township Line Road
    Drexel Hill
    Delaware County
    5873 Ridge Avenue
    Philadelphia
    Philadelphia County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    3-31-2012 White Rose Credit Union
    York
    York County
    Effective
    Application for approval to merge Central York Federal Credit Union, York, with and into White Rose Credit Union, York.
    4-1-2012 TruMark Financial Credit Union
    Trevose
    Bucks County
    Effective
    Application for approval to merge Kenrick Federal Credit Union, Bryn Mawr, with and into TruMark Financial Credit Union, Trevose.

    Branch Applications

    Date Name of Credit Union Location Action
    4-2-2012 Diamond Credit Union
    Pottstown
    Montgomery County
    6581-6591 West Perkiomen Avenue
    Exeter Township
    Berks County
    Opened

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

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 12-734. Filed for public inspection April 20, 2012, 9:00 a.m.]

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