1497 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 4780]
    [Saturday, August 15, 2015]

     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 August 4, 2015.

     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
    8-1-2015 From: First Federal Savings and Loan Association of Bucks County
    Bristol
    Bucks County
    Effective
      To: First Federal Savings and Loan Association of Bucks County
    Bristol
    Bucks County
    Application for approval to convert from a Federally-chartered mutual savings and loan association to a State-chartered mutual savings bank.

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    8-1-2015 BB&T
    Winston-Salem
    Forsyth County, NC
    Effective
    Application for approval to acquire Semper Trust Company, King of Prussia.

    Holding Company Acquisitions

    Date Name and Location of Applicant Action
    8-1-2015 BB&T Corporation
    Winston-Salem
    Forsyth County, NC
    Effective
    Application for BB&T Corporation to acquire 100% of Susquehanna Bancshares, Inc., Lititz, and thereby indirectly acquire Susquehanna Bank, Lititz as well as Susquehanna Trust and Investment Company, Lancaster.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    8-1-2015 First Savings Bank of Perkasie
    Perkasie
    Bucks County
    Effective
    Application for approval to merge First Federal Savings and Loan Association of Bucks County, Bristol, with and into First Savings Bank of Perkasie, Perkasie, with First Savings Bank of Perkasie changing their corporate title to Penn Community Bank.
    8-4-2015 First Commonwealth Bank
    Indiana
    Indiana County
    Approved
    Application for approval to merge First Community Bank, Columbus, OH, with and into First Commonwealth Bank, Indiana, PA.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    7-31-2015 PeoplesBank, A Codorus Valley Company
    York
    York County
    1651 Baltimore Pike
    Hanover
    York County
    Filed

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    8-3-2015 Customers Bank
    Phoenixville
    Chester County
    To: 314 Route 33
    Mercerville
    Mercer County, NJ
    Approved
    From: 2419 Nottingham Way
    Hamilton
    Mercer County, NJ

    CREDIT UNIONS

    No activity.

     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. 15-1497. Filed for public inspection August 14, 2015, 9:00 a.m.]

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