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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 20-685

NOTICES

DEPARTMENT OF BANKING AND SECURITIES

Actions on Applications

[50 Pa.B. 2665]
[Saturday, May 23, 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 May 12, 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

Section 112 Acquisitions

Date Name and Location of Applicant Action
05-01-2020 Fiduciary Trust Company International and Fiduciary International Holding, Inc.
New York
New York
Effective
Franklin Resources, Inc.
San Mateo
California
Applications for approval have been submitted for the following transactions. Fiduciary Trust Company International will purchase 100% of the shares of The Pennsylvania Trust Company (the ''Company'') from its corporate parent, PTC 450, Ltd. Immediately following its acquisition of the shares, Fiduciary Trust Company International will contribute 100% of the shares to its subsidiary, Fiduciary International Holding, Inc. Consequently, Fiduciary International Holding, Inc. will become the immediate corporate parent and owner of 100% of the shares of The Pennsylvania Trust Company. As a result, Fiduciary Trust Company International will become the indirect corporate parent of The Pennsylvania Trust Company by virtue of its ownership of 100% of the shares of Fiduciary International Holding, Inc. Franklin Resources, Inc. will also become an indirect corporate parent of the Company by virtue of its ownership of 100% of the shares of Fiduciary Trust Company International.
05-01-2020 Charles B. Johnson
San Mateo
California
Effective
Application for approval to acquire up to 20.9%, indirectly of The Pennsylvania Trust Company by virtue of his 20.9% ownership of Franklin Resources, Inc. and as a result of applications filed with the Department whereby Fiduciary Trust Company International will purchase 100% of the shares of The Pennsylvania Trust Company (the ''Company'') from its corporate parent, PTC 450, Ltd. Immediately following its acquisition of the shares, Fiduciary Trust Company International will contribute 100% of the shares to its subsidiary, Fiduciary International Holding, Inc. Consequently, Fiduciary International Holding, Inc. will become the immediate corporate parent and owner of 100% of the shares of The Pennsylvania Trust Company. As a result, Fiduciary Trust Company International will become the indirect corporate parent of The Pennsylvania Trust Company by virtue of its ownership of 100% of the shares of Fiduciary International Holding, Inc. Franklin Resources, Inc. will also become an indirect corporate parent of the Company by virtue of its ownership of 100% of the shares of Fiduciary Trust Company International.
05-01-2020 Rupert H. Johnson, Jr.
San Mateo
California
Effective
Application for approval to acquire up to 21%, indirectly of The Pennsylvania Trust Company by virtue of his 21% ownership of Franklin Resources, Inc. and as a result of applications filed with the Department whereby Fiduciary Trust Company International will purchase 100% of the shares of The Pennsylvania Trust Company (the ''Company'') from its corporate parent, PTC 450, Ltd. Immediately following its acquisition of the shares, Fiduciary Trust Company International will contribute 100% of the shares to its subsidiary, Fiduciary International Holding, Inc. Consequently, Fiduciary International Holding, Inc. will become the immediate corporate parent and owner of 100% of the shares of The Pennsylvania Trust Company. As a result, Fiduciary Trust Company International will become the indirect corporate parent of The Pennsylvania Trust Company by virtue of its ownership of 100% of the shares of Fiduciary International Holding, Inc. Franklin Resources, Inc. will also become an indirect corporate parent of the Company by virtue of its ownership of 100% of the shares of Fiduciary Trust Company International.

Holding Company Acquisitions

Date Name and Location of Applicant Action
04-24-2020 Northwest Bancshares, Inc.
Warren
Warren County
Effective
Application for approval to acquire 100% of MutualFirst Financial, Inc., Muncie, IN, and thereby indirectly acquire 100% of MutualBank, Muncie, IN.

Consolidations, Mergers and Absorptions

Date Name and Location of Applicant Action
04-24-2020 Northwest Bank
Warren
Warren County
Effective
Merger of MutualBank, Muncie, IN, with and into Northwest Bank, Warren, PA.
As a result of the merger, the following branch offices of MutualBank became branch offices of Northwest Bank:
110 East Charles Street
Muncie
Delaware County, IN
401 West State Street
Albany
Delaware County, IN
901 County Road 6 East
Elkhart
Elkhart County, IN
4916 Illinois Road, Suite 106
Fort Wayne
Allen County, IN
1010 East Main Street
Gas City
Grant County, IN
4330 Elkhart Road
Goshen
Elkhart County, IN
402 West Cleveland Road
Granger
Saint Joseph County, IN
1020 North Baldwin Avenue
Marion
Grant County, IN
100 West Third Street
Marion
Grant County, IN
121 South Church Street
Mishawaka
Saint Joseph County, IN
411 West McKinley Avenue
Mishawaka
Saint Joseph County, IN
4100 Edison Lakes Parkway, Suite 300
Mishawaka
Saint Joseph County, IN
3613 North Broadway
Muncie
Delaware County, IN
1912 West McGalliard Road
Muncie
Delaware County, IN
2000 South Madison Street
Muncie
Delaware County, IN
2910 West Jackson Street
Muncie
Delaware County, IN
514 North Main Street
North Webster
Kosciusko County, IN
742 East Ireland Road
South Bend
Saint Joseph County, IN
2850 West Cleveland Road
South Bend
Saint Joseph County, IN
23761 Western Avenue
South Bend
Saint Joseph County, IN
612 South Huntington Street
Syracuse
Kosciusko County, IN
445 West 250 North
Warsaw
Kosciusko County, IN
2034 East Center Street
Warsaw
Kosciusko County, IN
219 West Market Street
Warsaw
Kosciusko County, IN
870 East Washington Street
Winchester
Randolph County, IN
2101 South Tiger Drive
Yorktown
Delaware County, IN
48 North Washington Street
Bloomfield
Greene County, IN
11054 East State Road 445
Bloomfield
Greene County, IN
2111 South Liberty Drive
Bloomington
Monroe County, IN
1301 North Walnut Street
Bloomington
Monroe County, IN
650 East Carmel Drive
Carmel
Hamilton County, IN
893 East Main Street, Suite G
Greenwood
Johnson County, IN
315 East Main Street
Jasonville
Greene County, IN
1450 A Street Northeast
Linton
Greene County, IN
147 West Broad Street
Lyons
Green County, IN
1309 West Main Street
Mitchell
Lawrence County, IN
10765 Lantern Road, Suite 202
Fishers
Hamilton County, IN
(Trust Office)
119 East Main Street
Crawfordsville
Montgomery County, IN
(Trust Office)

Branch Applications

De Novo Branches

Date Name and Location of Applicant Location of Branch Action
03-09-2020 PeoplesBank, A Codorus Valley Company
York
York County
101 North Queen Street, Suite 105
Lancaster
Lancaster County
Opened

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. 20-685. Filed for public inspection May 22, 2020, 9:00 a.m.]



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