1641 Actions on applications  

  • DEPARTMENT OF BANKING AND SECURITIES

    Actions on Applications

    [43 Pa.B. 5396]
    [Saturday, September 7, 2013]

     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 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 and Securities 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 27, 2013.

     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

    Section 112 Acquisitions

    DateName and Location of Applicant Action
    8-20-2013 ESB Financial Corporation Employee Stock Ownership Plan
     and Trustee Mario J. Manna
    Approved
    Application for approval to acquire up to 24.9% of the common stock of ESB Financial Corporation, Ellwood City, the parent bank holding company of ESB Bank, Ellwood City.

    Holding Company Acquisitions

    Date Name and Location of ApplicantAction
    8-26-2013Peoples Financial Services Corporation
    Hallstead
    Susquehanna County
    Filed
    Application for approval to acquire 100% of Penseco Financial Services Corporation, Scranton, and thereby indirectly acquire 100% of Penn Security Bank and Trust Company, Scranton.

    Consolidations, Mergers and Absorptions

    Date Name and Location of Applicant Action
    8-26-2013 Peoples Neighborhood Bank
    Hallstead
    Susquehanna County
    Filed
    Application for approval to merge Penn Security Bank and Trust Company, Scranton, with and into Peoples Neighborhood Bank, Hallstead.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

     The Department's web site at www.dobs.state.pa.us includes public notices for more recently filed applications.

    GLENN E. MOYER, 
    Secretary

    [Pa.B. Doc. No. 13-1641. Filed for public inspection September 6, 2013, 9:00 a.m.]

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