NOTICES
DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[53 Pa.B. 3708]
[Saturday, July 15, 2023]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 July 4, 2023.
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
Section 112 Acquisitions
Date Name and Location of Applicant Action 06-29-2023 Castle Creek Capital Partners VII, LP
Castle Creek Capital Partners VIII, LP
Castle Creek Capital Partners VIII
Co-Investment Fund B, LP
San Diego
San Diego County, CAApproved Application for approval to purchase or otherwise acquire more than 10% of the shares of a class of newly-created nonvoting preferred stock of Republic First Bancorp, Inc., Philadelphia, PA, a company that controls Republic First Bank, Philadelphia, PA.
Holding Company Acquisitions
Date Name and Location of Applicant Action 06-29-2023 First Bank
Hamilton
Mercer County, NJApproved Application for approval to acquire 100% of Malvern Bank, National Association, Paoli, Chester County, PA. Subsequent to the proposed acquisition, Malvern Bank, National Association, will be merged with and into First Bank.
Branch Discontinuances
Date Name and Location of Applicant Location of Branch Action 06-22-2023 Ambler Savings Bank
Ambler
Montgomery County1515 The Fairway
Rydal
Montgomery CountyClosed
CREDIT UNIONS
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 07-01-2023 EME Credit Union
Easton
Northampton CountyEffective Merger of EME Credit Union, Easton, Northampton County, with and into People First Federal Credit Union, Allentown, Lehigh County. The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.
WENDY S. SPICHER,
Acting Secretary
[Pa.B. Doc. No. 23-932. Filed for public inspection July 14, 2023, 9:00 a.m.]
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