1496 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Application

    [44 Pa.B. 4519]
    [Saturday, July 19, 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 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 July 8, 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

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    7-2-2014 CB Financial Services, Inc.
    Carmichaels
    Greene County
    Filed
    Application for approval to acquire 100% of FedFirst Financial Corporation, Monessen, and thereby indirectly acquire 100% of First Federal Savings Bank, Monessen.
    7-8-2014 National Penn Bancshares, Inc.
    Allentown
    Lehigh County
    Filed
    Application for approval to acquire 100% of TF Financial, Inc., Newtown, and thereby indirectly acquire 100% of 3rd Fed Bank, Newtown.

    Consolidations, Mergers and Absorptions

    DateName and Location of Applicant Action
    7-2-2014Community Bank
    Carmichaels
    Greene County
    Filed
    Application for approval to merge First Federal Savings Bank, Monessen, with and into Community Bank, Carmichaels.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    6-16-2014 S&T Bank
    Indiana
    Indiana County
    141 West Beaver Avenue
    State College
    Centre County
    Opened
    7-8-2014 First Resource Bank
    Exton
    Chester County
    1 East Uwchlan Avenue
    Exton
    Chester County
    (Limited Service Facility)
    Approved

    Branch Consolidations

    DateName and Location of ApplicantLocation of Branch Action
    7-1-2014 Clearfield Bank & Trust Company Into: 7571 Huntingdon Plaza
    Huntingdon
    Huntingdon County
    Filed
    From:729 Main Street
    Saxton
    Bedford County
    7-1-2014 Clearfield Bank & Trust Company Into: 16 West Shirley Street
    Mount Union
    Huntingdon County
    Filed
    From:8384 Ashman Street
    Saxton
    Bedford County

    CREDIT UNIONS

    Conversions

    DateName and Location of Applicant Action
    6-30-2014 From: Bradford Area School Employees Credit Union
    Bradford
    McKean County
    Effective
    To:   Bradford Area School Employees Federal Credit Union
      Bradford
      McKean County
    Conversion from a Pennsylvania State-chartered credit union to Federally-chartered credit union.

     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. 14-1496. Filed for public inspection July 18, 2014, 9:00 a.m.]

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