1199 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [44 Pa.B. 3328]
    [Saturday, June 7, 2014]

     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 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 and Securities 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 20, 2014.

     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

    Conversions

    DateName and Location of Applicant Action
    5-15-2014 From: The First National Bank of Mercersburg
    Mercersburg
    Franklin County
    Filed
       To: The First Community Bank of Mercersburg
    Mercersburg
    Franklin County
    Application for approval to convert from a National banking association to a Pennsylvania State-chartered bank.
    5-19-2014 From: Huntingdon Valley Bank
    Huntingdon Valley
    Montgomery County
    Filed
       To: Huntingdon Valley Bank
    Huntingdon Valley
    Montgomery County
    Application for approval to convert from a Pennsylvania State-chartered mutual savings bank to a Pennsylvania State-chartered stock savings bank.

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    5-19-2014 HV Bancorp, Inc.
    Huntingdon Valley
    Montgomery County
    Filed
    HV Bancorp, Inc., a proposed bank holding company, to acquire The Victory Bancorp, Inc. and the wholly-owned bank subsidiary, The Victory Bank.

    Consolidations, Mergers and Absorptions

    Date Name and Location of ApplicantAction
    5-19-2014 Huntingdon Valley Bank
    Huntingdon Valley
    Montgomery County
    Filed
    Application for approval to merge The Victory Bank, Limerick, with and into Huntingdon Valley Bank, Huntingdon Valley.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    5-20-2014Indiana First Savings Bank
    Indiana
    Indiana County
    1420 Scalp Avenue
    Johnstown
    Cambria County
    Approved

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    5-20-2014 Royal Bank America
    Narberth
    Montgomery County
    To: 180 West Girard Avenue
    Philadelphia
    Philadelphia County
    Approved
    From: 401 Fairmount Avenue
    Philadelphia
    Philadelphia County

    CREDIT UNIONS

    No Activity.

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

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 14-1199. Filed for public inspection June 6, 2014, 9:00 a.m.]

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