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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 20-1407

NOTICES

DEPARTMENT OF BANKING AND SECURITIES

Actions on Applications

[50 Pa.B. 5761]
[Saturday, October 17, 2020]

 The Department of Banking and Securities (Department), under the authority in the Banking Code of 1965 (7 P.S. §§ 101—2204), the Department of Banking and Securities Code (71 P.S. §§ 733-1—733-1203) and 17 Pa.C.S. (relating to Credit Union Code), has taken the following actions on applications received for the week ending October 6, 2020.

 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 comments in writing with the Department of Banking and Securities, Bank Supervision or Credit Union and Trust Supervision (as applicable), 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, for banks (717) 783-8240 and for credit unions and trust companies (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

Branch Applications

De Novo Branches

Date     Name and Location of Applicant  Location of Branch  Action
10-01-2020 Huntingdon Valley Bank
Huntingdon Valley
Montgomery County
990 Spring Garden Street
Philadelphia
Philadelphia County
Opened
10-05-2020 The Muncy Bank and Trust Company
Muncy
Lycoming County
201 South Market Street
South Williamsport
Lycoming County
Approved

Branch Discontinuances

Date    Name and Location of Applicant Location of Branch Action
09-21-2020 Peoples Security Bank and Trust Company
Scranton
Lackawanna County
304 Main Street
Duryea
Luzerne County
Closed
09-21-2020 Peoples Security Bank and Trust Company
Scranton
Lackawanna County
526 Cedar Avenue
Scranton
Lackawanna County
Closed
09-21-2020 Peoples Security Bank and Trust Company
Scranton
Lackawanna County
534 Main Street
Gouldsboro
Wayne County
Closed
09-30-2020 Community Bank
Carmichaels
Greene County
565 Donner Avenue
Monessen
Westmoreland County
Closed
09-30-2020 Community Bank
Carmichaels
Greene County
1090 East Bethlehem Boulevard
Wheeling
Ohio County, WV
Closed

Articles of Amendment

Date    Name and Location of Institution Action
10-01-2020 Noah Bank
Elkins Parks
Montgomery County
Filed
Amendment to Article V of the institution's Articles of Incorporation to provide for an increase in the number of common shares authorized to be issued from 20 million to 100 million, to reduce the par value of common stock from $1 to $0.10 per shares, and to authorize the issuance of nonvoting common stock as well as amend Article XIII to provide for disapplication of section 1610 of the Banking Code of 1965 (7 P.S. § 1610).
Articles of Amendment provide for the institution's Articles of Incorporation to be amended and restated in their entirety.

CREDIT UNIONS

Change of Principal Place of Business

Date    Name and Location of Institution Address Action
09-16-2020 Franklin-Oil Region Credit Union
Franklin
Venango County
To: 101 North 13th Street
Franklin
Venango County
Effective
From: 1219 Liberty Street
Franklin
Venango County
09-17-2020 Members Choice Financial Credit Union
Danville
Montour County
To: 390 Walnut Street
Danville
Montour County
Effective
From: 230 Walnut Street
Danville
Montour County

Branch Applications

Branch Relocations

Date    Name and Location of Applicant Location of Branch Action
09-30-2020 Freedom Credit Union
Warminster
Bucks County
To: 35 West Street Road
Warminster
Bucks County
Approved
From: 25 Jacksonville Road
Warminster
Bucks County

Articles of Amendment

Date    Name and Location of Institution Action
09-16-2020Franklin-Oil Region Credit Union
Franklin
Venango County
Effective
Amendment to Article 3 of the institution's Articles of Incorporation provides for a change in principal place of business from 1219 Liberty Street, Franklin, Venango County to 101 North 13th Street, Franklin, Venango County.

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

RICHARD VAGUE, 
Acting Secretary

[Pa.B. Doc. No. 20-1407. Filed for public inspection October 16, 2020, 9:00 a.m.]



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