1247 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [43 Pa.B. 3948]
    [Saturday, July 13, 2013]

     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 June 25, 2013.

     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
    6-19-2013 Prudential Bancorp, Inc.
    Philadelphia
    Philadelphia County
    Filed
    Application for approval to acquire 100% of Prudential Savings Bank, Philadelphia.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    6-24-2013 CNB Bank
    Clearfield
    Clearfield County
    Approved
    Application for approval to merge The Farmers Citizens Bank, Bucyrus, OH, with and into CNB Bank, Clearfield.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    6-19-2013 Mauch Chunk Trust Company
    Jim Thorpe
    Carbon County
    1331 Clamtown Road
    Tamaqua
    Schuylkill County
    Filed
    6-24-2013 Fleetwood Bank
    Fleetwood
    Berks County
    1150 Berkshire Boulevard
    Wyomissing
    Berks County
    Approved
    6-24-2013 Somerset Trust Company
    Somerset
    Somerset County
    300 Laurel Drive
    Connellsville
    Fayette County
    Approved

    SAVINGS INSTITUTIONS

    No activity.

    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. 13-1247. Filed for public inspection July 12, 2013, 9:00 a.m.]

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