850 Actions on applications ?  

  • Actions on Applications

    [41 Pa.B. 2620]
    [Saturday, May 21, 2011]

     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 May 3, 2011.

     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

    Interim Incorporations

    Date Name and Location of Applicant Action
    5-3-2011 PWMG Trust Holdings, Inc.
    Hershey
    Dauphin County
    Approved
    PWMG Trust Holdings, Inc. is a proposed Pennsylvania state-chartered interim trust company.
    5-3-2011 PWMG Trust Merger Sub, Inc.
    Hershey
    Dauphin County
    Approved
    PWMG Trust Merger Sub, Inc. is a proposed Pennsylvania state-chartered interim trust company. The purpose of PWMG Trust Merger Sub, Inc. is to merge with Hershey Trust Company, Hershey.
    5-3-2011 PWMG Bank and Trust, Inc.
    Hershey
    Dauphin County
    Approved
    PWMG Bank and Trust, Inc. is a proposed Pennsylvania state-chartered interim bank and trust company. The purpose of PWMG Bank and Trust, Inc. is to merge with The Bryn Mawr Trust Company, Bryn Mawr.

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    5-3-2011 Bryn Mawr Bank Corporation
    Bryn Mawr
    Montgomery County
    Approved
    Application for approval to acquire 100% of PWMG Bank and Trust, Inc., Hershey.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    5-3-2011 Hershey Trust Company
    Hershey
    Dauphin County
    Approved
    Application for approval to merge PWMG Trust Merger Sub, Inc., Hershey, with and into Hershey Trust Company, Hershey.
    5-3-2011 The Bryn Mawr Trust Company
    Bryn Mawr
    Montgomery County
    Approved
    Application for approval to merge PWMG Bank and Trust, Inc., Hershey, with and into The Bryn Mawr Trust Company, Bryn Mawr.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    5-3-2011 Somerset Trust Company
    Somerset
    Somerset County
    2095 Quaker Valley Road
    Fishertown
    Bedford County
    Approved

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    5-2-2011 First Commonwealth Bank
    Indiana
    Indiana County
    363 Butler Street
    Pittsburgh
    Allegheny County
    Approved
    5-2-2011 First Commonwealth Bank
    Indiana
    Indiana County
    608 Miller Avenue
    Clairton
    Allegheny County
    Approved
    5-2-2011 First Commonwealth Bank
    Indiana
    Indiana County
    250 Summit Park Drive
    Pittsburgh
    Allegheny County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Community Charter Conversions

    Date Name and Location of Institution Action
    5-2-2011 Hidden River Credit Union
    Pottsville
    Schuylkill County
    Effective
    Amendment to Article 8 of the credit union's Articles of Incorporation provides the following field of membership: ''The membership of the credit union will be limited to: Anyone who lives, works, worships, volunteers, or attends school within Schuylkill County and to business and other legal entities located therein.''

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    5-3-2011 Crayola, LLC Employees Credit Union
    Easton
    Northampton County
    2475 Brodhead Road
    Bethlehem
    Northampton County
    Approved

     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. 11-850. Filed for public inspection May 20, 2011, 9:00 a.m.]

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