1521 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [43 Pa.B. 4745]
    [Saturday, August 17, 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 August 6, 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

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    7-29-2013Investment Savings Bank
    Altoona
    Blair County
    200 Patchway Road
    Duncansville
    Blair County
    Opened
    8-1-2013 Somerset Trust Company
    Somerset
    Somerset County
    1176 National Pike
    Hopwood
    Fayette County
    Approved
    8-6-2013 Metro Bank
    Lemoyne
    Cumberland County
    2121 Lincoln Highway East
    Lancaster
    Lancaster County
    Approved

    Discontinued Branches

    DateName and Location of ApplicantLocation of Branch Action
    7-31-2013 Meridian Bank
    Malvern
    Chester County
    60 East Uwchlan
    Lionville
    Chester County
    Closed

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    8-5-2013Somerset Trust Company
    Somerset
    Somerset County
    To:4640 National Pike
    Markleysburg
    Fayette County
    Filed
    From:4364 National Pike
    Markleysburg
    Fayette County

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName and Location of ApplicantAction
    8-1-2013 Lancaster Red Rose Credit Union
    Lancaster
    Lancaster County
    Effective
    Application for approval to merge United People's Federal Credit Union of Lancaster, Lancaster, with and into Lancaster Red Rose Credit Union, Lancaster.
    As a result of the merger, the sole office of United People's Federal Credit Union of Lancaster, located at the following address, became a branch office of Lancaster Red Rose Credit Union:
    2137 Embassy Drive, Suite 101
    Lancaster
    Lancaster County

    Change of Principal Place of Business

    Date Name and Location of Institution Address Action
    8-6-2013 Bradford Area School Employees CU To:15 Kennedy Street
    Bradford
    McKean County
    Effective
    From:32 York Street
    Bradford
    McKean County

     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. 13-1521. Filed for public inspection August 16, 2013, 9:00 a.m.]

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