1617 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [45 Pa.B. 5505]
    [Saturday, September 5, 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 August 25, 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

    Conversions

    Date Name and Location of Applicant Action
    8-21-2015 From: Phoenixville Federal Bank & Trust
    Phoenixville
    Chester County
    Effective
      To: Phoenixville Federal Bank & Trust
    Phoenixville
    Chester County
    Conversion from a Federally-chartered mutual savings association to a Pennsylvania State-chartered mutual savings bank with trust powers.
    Branch offices operated by Phoenixville Federal Bank & Trust:
    70 North Lewis Road
    Royersford
    Montgomery County
    74 Second Avenue (Route 29)
    Collegeville
    Montgomery County
    533 Kimberton Road
    Kimberton
    Chester County
    451 West Ridge Pike
    Limerick
    Montgomery County

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    8-17-2015 S&T Bank
    Indiana
    Indiana County
    Route 19 and Duncan Avenue
    Town of McCandless
    Allegheny County
    Opened
    8-20-2015 Somerset Trust Company
    Somerset
    Somerset County
    450 Schoolhouse Road
    Johnstown
    Cambria County
    Opened
    8-21-2015 Embassy Bank for the Lehigh Valley
    Bethlehem
    Northampton County
    10 North Main Street
    Nazareth
    Northampton County
    Filed
    8-25-2015 PeoplesBank, A Codorus Valley Company
    York
    York County
    1651 Baltimore Pike
    Hanover
    York County
    Approved

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    7-29-2015 S&T Bank
    Indiana
    Indiana County
    1107 Wayne Avenue
    Indiana
    Indiana County
    Closed
    7-31-2015 First Priority Bank
    Malvern
    Chester County
    1758 Allentown Road
    Lansdale
    Montgomery County
    Closed
    7-31-2015 Peoples Security Bank & Trust Company
    Scranton
    Lackawanna County
    Routes 209 and 447
    East Stroudsburg
    Monroe County
    Closed
    8-14-2015 The Bryn Mawr Trust Company
    Bryn Mawr
    Montgomery County
    227 Lancaster Avenue
    Devon
    Chester County
    Closed
    8-14-2015 The Bryn Mawr Trust Company
    Bryn Mawr
    Montgomery County
    301 East Montgomery Avenue
    Bala Cynwyd
    Montgomery County
    Closed
    8-21-2015 Riverview Bank
    Marysville
    Perry County
    2040 Good Hope Road
    Enola
    Cumberland County
    Closed

    CREDIT UNIONS

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    7-27-2015 TruMark Financial Credit Union
    Trevose
    Bucks County
    4321-4403 Swamp Road
    Doylestown
    Bucks County
    Opened
    8-19-2015 TruMark Financial Credit Union
    Trevose
    Bucks County
    8500-5804 Germantown Avenue
    Philadelphia
    Philadelphia County
    Filed

     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. 15-1617. Filed for public inspection September 4, 2015, 9:00 a.m.]

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