1798 Actions on applications?  

  • DEPARTMENT OF BANKING

    Actions on Applications

    [42 Pa.B. 5876]
    [Saturday, September 15, 2012]

     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 August 28, 2012.

     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
    8-24-2012 First Priority Financial Corp.
    Malvern
    Chester County
    Filed
    Application for approval to acquire 100% of Affinity Bancorp, Inc., Wyomissing, and thereby indirectly acquire 100% of Affinity Bank of Pennsylvania, Wyomissing.

    Consolidations, Mergers, and Absorptions

    Date Name and Location of Applicant Action
    8-24-2012 First Priority Bank
    Malvern
    Chester County
    Filed
    Application for approval to merge Affinity Bank of Pennsylvania, Wyomissing, with and into First Priority Bank, Malvern.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    8-20-2012 Susquehanna Bank
    Lititz
    Lancaster County
    125 South Ridge Plaza
    State College
    Centre County
    Opened
    8-28-2012 Valley Green Bank
    Philadelphia
    Philadelphia County
    1534-1542 Broad Street
    Philadelphia
    Philadelphia County
    Approved

    Articles of Amendment

    Date Name and Location of Institution Action
    7-12-2012 First Cornerstone Bank
    King of Prussia
    Montgomery County
    Approved and Effective
    Amendment to Article Fifth, subsection A of the institution's Articles of Incorporations provides for a change to increase the number of authorized shares of Class A common stock.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

     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. 12-1798. Filed for public inspection September 14, 2012, 9:00 a.m.]

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