NOTICES
DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[50 Pa.B. 6916]
[Saturday, December 5, 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 November 24, 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 11-18-2020 Republic First Bank
Philadelphia
Philadelphia County201 and 211 East 9th Street
Ocean City
Cape May County, NJApproved 11-18-2020 Brentwood Bank
Bethel Park
Allegheny County3603 McRoberts Road
Pittsburgh
Allegheny County
(Limited Service Facility)Approved
Branch Discontinuances
Date Name and Location of Applicant Location of Branch Action 08-29-2020 The Fidelity Deposit and Discount Bank
Dunmore
Lackawanna County25 Broadway
Bangor
Northampton CountyClosed 11-13-2020 Customers Bank
Phoenixville
Chester County1 South Main Street
Yardley
Bucks CountyClosed 11-13-2020 Customers Bank
Phoenixville
Chester County101 Theall Road
Rye
Westchester County, NYClosed
Articles of Amendment
Date Name and Location of Institution Action 11-18-2020 Noah Bank
Elkins Parks
Montgomery CountyApproved 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 No activity.
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. 20-1698. Filed for public inspection December 4, 2020, 9:00 a.m.]
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