1554 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 5815]
    [Saturday, September 10, 2016]

     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 30, 2016.

     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

    DateName and Location of Applicant Action
    8-25-2016DNB Financial Corporation
    Downingtown
    Chester County
    Approved
    Application for approval to acquire 100% of East River Bank, Philadelphia.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    8-25-2016 Indiana First Savings Bank
    Indiana
    Indiana County
    100 Kentucky Avenue
    Punxsutawney
    Jefferson County
    Filed
    8-22-2016 Univest Bank and Trust Co.
    Souderton
    Montgomery County
    90 Willow Valley Lakes Drive
    Willow Street
    Lancaster County
    Opened

    Branch Relocations

    DateName and Location of Applicant Location of Branch Action
    8-22-2016 Orrstown Bank
    Shippensburg
    Cumberland County
    To:4075 Market Street
    Camp Hill
    Cumberland County
    Effective
    From:3045 Market Street
    Camp Hill
    Cumberland County

    Articles of Amendment

    DateName and Location of Institution Action
    8-30-2016Clearfield Bank & Trust Company
    Clearfield
    Clearfield County
    Effective
    Amendment to Article I of the institution's Articles of Incorporation provides for a change in corporate title from Clearfield Bank and Trust Company to CBT Bank.

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    DateName and Location of Applicant Action
    8-25-2016 TruMark Financial Credit Union
    Fort Washington
    Montgomery County
    Filed
    Application for approval to merge Dow Northeast Employees Federal Credit Union, Philadelphia, with and into TruMark Financial Credit Union, Fort Washington.

     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. 16-1554. Filed for public inspection September 9, 2016, 9:00 a.m.]

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