884 Actions on applications  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [41 Pa.B. 2703]
    [Saturday, May 28, 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 10, 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

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    5/10/2011 Edward S. Crooks and Brian D. Selby Approved
    Application for approval to collectively acquire up to 84.0% of the voting shares of Counsel Trust Company, York.

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    5-4-2011 Donegal Financial Services Corporation
    Marietta
    Lancaster County
    Approved
    Application for approval to acquire 100% of Union National Financial Corporation, Lancaster, and thereby indirectly acquire 100% of Union National Community Bank, Lancaster.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of BranchAction
    4-27-2011 Orrstown Bank
    Shippensburg
    Cumberland County
    Carlisle Fairgrounds
    T Building
    1000 Bryn Mawr Road
    Carlisle
    Cumberland County
    (Limited Service Facility)
    Opened

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    5-4-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    6244 Bustleton Avenue
    Philadelphia
    Philadelphia County
    Approved
    5-4-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    7124 Ridge Avenue
    Philadelphia
    Philadelphia County
    Approved
    5-4-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    352 High Street
    Burlington
    Burlington County, NJ
    Approved
    5-4-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    1703 Highland Avenue
    Cinnaminson
    Burlington County, NJ
    Approved
    5-4-2011 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    801 Burlington Avenue
    Delanco
    Burlington County, NJ
    Approved
    5-4-2011 Elderton State Bank
    Elderton
    Armstrong County
    121 North McKean Street
    Kittanning
    Armstrong County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

     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. 11-884. Filed for public inspection May 27, 2011, 9:00 a.m.]

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