1667 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [44 Pa.B. 5339]
    [Saturday, August 9, 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 29, 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

    Interim Incorporations

    Date Name and Location of Applicant Action
    7-23-2014Meridian Interim Bank
    Malvern
    Chester County
    Filed
    The purpose of Meridian Interim Bank, Malvern, is to merge with Meridian Bank, Malvern, to facilitate the proposed reorganization of Meridian Bank into a bank holding company structure whereby Meridian Bank will become the wholly-owned subsidiary of Meridian Corporation, a new holding company in formation.

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    5-31-2014 Marc D. Lewis, Melvin W. Lewis and the Lewis familyEffective
    Application for approval to acquire, in the aggregate, up to 18.2% of the common stock of Woodlands Financial Services Company, Williamsport.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    3-20-2013 Brentwood Bank
    Bethel Park
    Allegheny County
    1290 Boyce Road
    Upper St. Clair
    Allegheny County
    (Limited Service Facility)
    Opened
    7-23-2014 Royal Bank America
    Narberth
    Montgomery County
    20 Nassau Street
    Princeton
    Mercer County, NJ
    (Limited Service Facility)
    Filed
    7-23-2014 The Scottdale Bank & Trust Co.
    Scottdale
    Westmoreland County
    632 West Main Street
    Mount Pleasant
    Westmoreland County
    Approved

    Branch Relocations

    Date Name and Location of Applicant Location of Branch Action
    7-23-2014 Royal Bank America
    Narberth
    Montgomery County
    To: 1651 Blackwood Clementon Road
    Blackwood
    Camden County, NJ
    Approved
    From: 1990 New Brooklyn Road
    Sicklerville
    Gloucester County, NJ

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    7-25-2014TruMark Financial Credit Union
    Trevose
    Bucks County
    Filed
    Application for approval to merge Norsco Federal Credit Union, Norristown, with and into TruMark Financial Credit Union, Trevose.

     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. 14-1667. Filed for public inspection August 8, 2014, 9:00 a.m.]

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