1210 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 3818]
    [Saturday, July 16, 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 July 5, 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

    Conversions

    Date Name and Location of Applicant Action
    6-29-2016 From: First National Community Bank
    Dunmore
    Lackawanna County
    Effective
       To: FNCB Bank
    Dunmore
    Lackawanna County
    Conversion from a National banking association to a Pennsylvania State-chartered bank. FNCB Bank is a wholly-owned subsidiary of First National Community Bancorp, Inc.
    (# 5028594), Dunmore, an existing bank holding company.
    Branch offices operated by FNCB Bank:
    1919 Memorial Highway
    Shavertown
    Luzerne County
    269 East Grove Street
    Clarks Green
    Lackawanna County
    921 Drinker Turnpike
    Moscow
    Lackawanna County
    934 Main Street
    Dickson City
    Lackawanna County
    1219 Wheeler Avenue
    Dunmore
    Lackawanna County
    1625 Wyoming Avenue
    Exeter
    Luzerne County
    734 San Souci Parkway
    Hanover Township
    Luzerne County
    340 West Broad Street
    Hazleton
    Luzerne County
    1001 Main Street
    Honesdale
    Wayne County
    1127 Texas Highway
    Honesdale
    Wayne County
    1743 North Keyser Avenue
    Scranton
    Lackawanna County
    754 Wyoming Avenue
    Kingston
    Luzerne County
    194 South Market Street
    Nanticoke
    Luzerne County
    1700 North Township
    Pittston
    Luzerne County
    27 North River Street
    Plains
    Luzerne County
    3 Old Boston Road
    Pittston
    Luzerne County
    419-421 Spruce Street
    Scranton
    Lackawanna County
    1 North Main Street
    Wilkes-Barre
    Luzerne County

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    7-5-2016 Stonebridge Bank
    West Chester
    Chester County
    Withdrawn
    Application by Gordon Ray Denlinger, Anthony H. Hahn and Norman G. Hahn to acquire 100% of the common stock of Stonebridge Bank, West Chester.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    7-1-2016 Univest Bank and Trust Co.
    Souderton
    Montgomery County
    Effective
    Application for approval to merge Fox Chase Bank, Hatboro, with and into Univest Bank and Trust Co., Souderton.
    All branch offices of Fox Chase Bank will become branch offices of Univest Bank and Trust Co. including the former main office of Fox Chase Bank located at:
    4390 Davisville Road
    Hatboro
    Montgomery County

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    6-27-2016 First Commonwealth Bank
    Indiana
    Indiana County
    601 Hancock Avenue
    Vandergrift
    Westmoreland County
    Opened
    7-5-2016 Peoples Security Bank and Trust Company
    Scranton
    Lackawanna County
    2151 Emrick Boulevard
    Bethlehem
    Northampton County
    Filed
    7-5-2016 Peoples Security Bank & Trust Company
    Scranton
    Lackawanna County
    610 Freedom Bus. Court Drive
    King of Prussia
    Montgomery County
    Filed

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    6-24-2016 First Commonwealth Bank
    Indiana
    Indiana County
    152 Grant Avenue
    Vandergrift
    Westmoreland County
    Closed

    Articles of Amendment

    Date Name and Location of Institution Action
    6-27-2016 Asian Bank
    Philadelphia
    Philadelphia County
    Filed
    Amendment to Article II of the institution's Articles of Incorporation provides for a change in the Bank's principal place of business from 913 Arch Street, Philadelphia, Philadelphia County to 1023 Race Street, Philadelphia, Philadelphia County.
    6-27-2016 Clearfield Bank and Trust Company
    Clearfield
    Clearfield County
    Filed
    Amendment to Article I of the institution's Articles of Incorporation provides for a change in the Bank's corporate title from ''Clearfield Bank and Trust Company'' to ''CBT Bank.''

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    6-30-2016 TruMark Financial Credit Union
    Trevose
    Bucks County
    Effective
    Application for approval to merge Keystone Federal Credit Union, West Chester, with and into TruMark Financial Credit Union, Trevose.

     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. 16-1210. Filed for public inspection July 15, 2016, 9:00 a.m.]

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