DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[45 Pa.B. 2144]
[Saturday, May 2, 2015]
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 21, 2015.
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.
Date Name and Location of Applicant Action 4-21-2015 From: First Federal Savings and Loan Association of Bucks County
Approved To: First Federal Savings and Loan Association of Bucks County
Section 112 Acquisitions
Date Name and Location of Applicant Action 4-21-2015 BB&T
Forsyth County, NC
Approved Application for approval to acquire Semper Trust Company, King of Prussia.
Holding Company Acquisitions
Date Name and Location of Applicant Action 4-21-2015 BB&T Corporation
Forsyth County, NC
Approved Application for BB&T Corporation to acquire 100% of Susquehanna Bancshares, Inc., Lititz, and thereby indirectly acquire Susquehanna Bank, Lititz as well as Susquehanna Trust and Investment Company, Lancaster. 4-21-2015 Northwest Bancshares, Inc.
Approved Application for approval to acquire 100% of LNB Bancorp, Inc., Lorain, OH, and thereby indirectly acquire 100% of The Lorain National Bank, Lorain, OH.
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 4-21-2015 First Savings Bank of Perkasie
Approved Application for approval to merge First Federal Savings and Loan Association of Bucks County, Bristol, with and into First Savings Bank of Perkasie, Perkasie. 4-21-2015 Northwest Savings Bank
Approved Application for approval to merge The Lorain National Bank, Lorain, OH, with and into Northwest Savings Bank, Warren, PA.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 12-27-2014 Citizens Bank of Pennsylvania
3400 Concord Road
Opened 4-6-2015 Somerset Trust Company
250 South Third Street
Opened 4-21-2015 Univest Bank and Trust Company
1642 Fairmount Avenue
Date Name and Location of Applicant Location of Branch Action 4-13-2015 Union Community Bank
570 Lausch Lane
The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.
ROBIN L. WIESSMANN,
[Pa.B. Doc. No. 15-807. Filed for public inspection May 1, 2015, 9:00 a.m.]
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