1010 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 2616]
    [Saturday, May 30, 2015]

     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 May 19, 2015.

     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

    Date Name and Location of Applicant Action
    5-18-2015 Andover Bancorp, Inc.
    Andover
    Ashtabula County, OH
    Filed
    Application for approval to acquire 100% of Community National Bank of Northwestern Pennsylvania, Albion.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    5-14-2015 PeoplesBank, A Codorus Valley Company
    York
    York County
    One Market Way West
    York
    York County
    Filed
    5-15-2015 Orrstown Bank
    Shippensburg
    Cumberland County
    2098 Spring Valley Road
    Lancaster
    Lancaster County
    Approved

    Articles of Amendment

    Date Name and Location of Institution Action
    5-14-2015 Milestone Bank
    Doylestown
    Bucks County
    Filed
    Amendment to Article I of the institution's Articles of Incorporation provides for a change in name from Milestone Bank to Covenant Bank.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    5-15-2015 Lancaster Red Rose Credit Union
    Lancaster
    Lancaster County
    Filed
    Application for approval to merge Lancaster Press Federal Credit Union of Lancaster, Lancaster, with and into Lancaster Red Rose Credit Union, Lancaster.

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

    ROBIN L. WIESSMANN, 
    Acting Secretary

    [Pa.B. Doc. No. 15-1010. Filed for public inspection May 29, 2015, 9:00 a.m.]

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