1097 Actions on applications?  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [41 Pa.B. 3545]
    [Saturday, July 2, 2011]

     The Department of Banking (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 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 14, 2011.

     Under section 503.E of the Department of Banking 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, 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
    5-26-2011 Susquehanna Bancshares, Inc.
    Lititz
    Lancaster County
    Filed
    Application for approval to acquire 100% of Abington Bancorp, Inc., Jenkintown, and thereby indirectly acquire 100% of Abington Savings Bank, Jenkintown.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    5-26-2011 Susquehanna Bank
    Lititz
    Lancaster County
    Filed
    Application for approval to merge Abington Savings Bank, Jenkintown, with and into Susquehanna Bank, Lititz.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    6-9-2011 PeoplesBank, A Codorus Valley  Company
    Glen Rock
    York County
    535 Old Westminster Pike
    Suite 101
    West Minster, MD
    Filed
    6-10-2011 Luzerne Bank
    Luzerne
    Luzerne County
    1073 Route 315
    Plains Township
    Luzerne County
    Filed

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    6-9-2011 Northwest Savings Bank
    Warren
    Warren County
    105 Petroleum Street
    Oil City
    Venango County
    Approved
    One East First Street
    Oil City
    Venango County

    Branch Consolidations

    Date Name and Location of Applicant Location of Branch Action
    5-20-2011 S&T Bank
    Indiana
    Indiana County
    410 Main Street
    Clarion
    Clarion County
    Approved
    650 Main Street
    Clarion
    Clarion County

    Articles of Amendment

    Date Name and Location of Institution Action
    6-7-2011 Public Savings Bank
    Huntingdon Valley
    Montgomery County
    Filed
    Amendment to Article III of the institution's Articles of Incorporation provides for an increase in the authorized number of shares of common stock and preferred stock in order to raise capital.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Institution Action
    6-1-2011 Bradford Postal Credit Union
    Bradford
    McKean County
    Filed
    Application for approval to merge Bradford Postal Credit Union, Bradford, with and into Bradford Area Federal Credit Union, Bradford.

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

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 11-1097. Filed for public inspection July 1, 2011, 9:00 a.m.]

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