NOTICES
DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[46 Pa.B. 2188]
[Saturday, April 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 April 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.
BANKING INSTITUTIONS
Holding Company Acquisitions
Date Name and Location of Applicant Action 4-14-2016 Beneficial Bancorp, Inc.
Philadelphia
Philadelphia CountyEffective Application for approval to acquire 100% of Conestoga Bank, Chester Springs. 4-18-2016 Univest Corporation of Pennsylvania
Souderton
Montgomery CountyApproved Application for approval to acquire 100% of Fox Chase Bancorp, Inc., Hatboro, and thereby indirectly acquire 100% of Fox Chase Bank, Hatboro.
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 4-14-2016 Beneficial Bank
Philadelphia
Philadelphia CountyEffective Merger of Conestoga Bank, Chester Springs, with and into Beneficial Bank, Philadelphia. All branch offices of Conestoga Bank will become branch offices of Beneficial Bank including the former main office of Conestoga Bank located at: 165 Pottstown Pike
Chester Springs
Chester County4-18-2016 Univest Bank and Trust Company
Souderton
Montgomery CountyApproved Application for approval to merge Fox Chase Bank, Hatboro, with and into Univest Bank and Trust Company, Souderton.
Branch Applications
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 4-8-2016 Republic First Bank
Philadelphia
Philadelphia County401 Ganttown Road
Sewell
Gloucester County, NJOpened 4-13-2016 PS Bank
Wyalusing
Bradford County100 Old Lackawanna Trail
Clarks Summit
Lackawanna CountyOpened 4-13-2016 Orrstown Bank
Shippensburg
Cumberland County4750 Lindle Road
Harrisburg
Dauphin County
Approved 4-18-2016 VIST Bank
Wyomissing
Berks County258 East High Street
Pottstown
Montgomery CountyApproved
Branch Relocations
Date Name and Location of Applicant Location of Branch Action 4-9-2016 Republic First Bank
Philadelphia
Philadelphia CountyTo: 29-39 East Wynnewood Road
Wynnewood
Montgomery CountyEffective From: 233 East Lancaster Avenue
Ardmore
Montgomery County
Branch Consolidations
Date Name and Location of Applicant Location of Branch Action 4-14-2016 ESSA Bank & Trust
Stroudsburg
Monroe CountyInto: 2826 Route 611
Tannersville
Monroe CountyFiled From: 2836 Route 611
Tannersville
Monroe County
Articles of Amendment
Date Name and Location of Institution Action 4-18-2016 Stonebridge Bank
West Chester
Chester CountyFiled Amendment to Article 5 of the institution's Articles of Incorporation changes the par value of the common stock to $1 per share. The amendment also adds Section 5A which provides for a ten for one reverse stock split of the presently outstanding shares.
CREDIT UNIONS
Articles of Amendment
Date Name and Location of Institution Action 4-19-2016 PPL GOLD Credit Union
Allentown
Lehigh CountyFiled Amendment to Article 1 of the credit union's Articles of Incorporation changes their corporate title from PPL GOLD Credit Union to GOLD Credit Union. 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. 16-741. Filed for public inspection April 29, 2016, 9:00 a.m.]
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