1603 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [46 Pa.B. 5901]
    [Saturday, September 17, 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 September 6, 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 his or her 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

    Date Name and Location of Applicant Action
    8-12-2016 WSFS Financial Corporation
    Wilmington
    New Castle County, DE
    Effective
    Application for approval to acquire 100% of Penn Liberty Financial Corp., Wayne, and thereby indirectly acquire 100% of Penn Liberty Bank, Wayne.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    9-1-2016 Jonestown Bank & Trust Company
    Jonestown
    Lebanon County
    Route 42 and Anthony Drive
    Manheim
    Lancaster County
    Filed

    CREDIT UNIONS

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    9-1-2016 Postmark Credit Union
    Harrisburg
    Dauphin County
    Effective
    Merger of Postmark Credit Union, Harrisburg, PA, with and into Xceed Financial Credit Union, El Segundo, CA.

     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. 16-1603. Filed for public inspection September 16, 2016, 9:00 a.m.]

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