1016 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 3074]
    [Saturday, June 18, 2016]

     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 June 7, 2016.

     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

    Interim Incorporations

    DateName and Location of ApplicantAction
    6-2-2016 CNB Interim Bank
    Clearfield
    Clearfield County
    Approved
    The purpose of CNB Interim Bank, Clearfield, PA, is to facilitate the proposed merger of Lake National Bank, Mentor, OH, with and into CNB Bank, Clearfield, PA, with CNB Bank surviving.

    Consolidations, Mergers and Absorptions

    DateName and Location of ApplicantAction
    6-2-2016CNB Bank
    Clearfield
    Clearfield County
    Approved
    Application for approval to merge Lake National Bank, Mentor, OH, with and into CNB Bank, Clearfield, PA.

    Branch Applications

    De Novo Branches

    DateName and Location of ApplicantLocation of Branch Action
    6-3-2016 First Citizens Community Bank
    Mansfield
    Tioga County
    720 East Main Street
    Mount Joy
    Lancaster County
    Filed
    6-7-2016 Somerset Trust Company
    Somerset
    Somerset County
    581 Pittsburgh Road
    Uniontown
    Fayette County
    Filed

    CREDIT UNIONS

    Articles of Amendment

    Date Name and Location of Institution Action
    6-1-2016 Moonlight Credit Union
    Worthington
    Armstrong County
    Filed
    Amendment to Article 5 of the institution's Articles of Incorporation provides for the change of par value of its shares to $1.

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

    ROBIN L. WIESSMANN, 
    Secretary

    [Pa.B. Doc. No. 16-1016. Filed for public inspection June 17, 2016, 9:00 a.m.]

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