DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[46 Pa.B. 566]
[Saturday, January 30, 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 January 19, 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 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.
Holding Company Acquisitions
Date Name and Location of Applicant Action 1-8-2016 Nextier, Inc.
Effective Application for approval to acquire 100% of Eureka Financial Corporation, Pittsburgh and thereby indirectly acquire 100% of Eureka Bank, Financial Savings Association, Pittsburgh. 1-19-2016 Beneficial Bancorp, Inc.
Approved Application for approval to acquire 100% of Conestoga Bancorp, Inc., Chester Springs and thereby indirectly acquire 100% of Conestoga Bank, Chester Springs.
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 1-19-2016 Beneficial Bank
Approved Application for approval to merge Conestoga Bank, Chester Springs with and into Beneficial Bank, Philadelphia.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 1-4-2016 PeoplesBank, A Codorus Valley Company
One Masonic Drive
Opened 1-12-2016 The Bank of Landisburg
2784 Keystone Way
(Formerly 2780 Keystone Way)
The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.
ROBIN L. WIESSMANN,
[Pa.B. Doc. No. 16-158. Filed for public inspection January 29, 2016, 9:00 a.m.]
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