1688 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 5686]
    [Saturday, September 19, 2015]

     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 8, 2015.

     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

    Date Name and Location of Applicant Action
    9-1-2015 ESSA Bancorp, Inc.
    Stroudsburg
    Monroe County
    Filed
    Application for approval to acquire 100% of Eagle National Bancorp, Inc., Upper Darby, and thereby indirectly acquire 100% of Eagle National Bank, Upper Darby.

    Consolidations, Mergers and Absorptions

    DateName and Location of Applicant Action
    9-1-2015 ESSA Bank & Trust
    Stroudsburg
    Monroe County
    Filed
    Application for approval to merge Eagle National Bank, Upper Darby, with and into ESSA Bank & Trust, Stroudsburg.
    9-2-2015 Royal Bank America
    Narberth
    Montgomery County
    Withdrawn
    Application for approval to purchase assets and assume liabilities of one branch of First Cornerstone Bank, King of Prussia, located at:
    No. 5597 2 West Baltimore Avenue
    Media
    Delaware County

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    12-20-2014 Beneficial Bank
    Philadelphia
    Philadelphia County
    34 South Sycamore Street
    Newtown
    Bucks County
    Opened
    8-31-2015Univest Bank and Trust Company
    Souderton
    Montgomery County
    250 Plaza Drive
    Collegeville
    Montgomery County
    Opened

    CREDIT UNIONS

    No activity.

     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. 15-1688. Filed for public inspection September 18, 2015, 9:00 a.m.]

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