DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[47 Pa.B. 4833]
[Saturday, August 19, 2017]
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 August 8, 2017.
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, 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.
Holding Company Acquisitions
Date Name and Location of Applicant Action 8-4-2017 Bryn Mawr Bank Corporation
Approved Application for approval to acquire 100% of Royal Bancshares of Pennsylvania, Inc., Narberth, and thereby indirectly acquire 100% of Royal Bank America, Narberth.
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 8-4-2017 The Bryn Mawr Trust Company
Approved Application for approval to merge Royal Bank America, Narberth, with and into The Bryn Mawr Trust Company, Bryn Mawr.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 7-28-2017 Peoples Security Bank and Trust Company
3920 Tilghman Street
Opened 8-3-2017 Somerset Trust Company
117 South Walnut Street
Articles of Amendment
Date Name and Location of Institution Action 8-3-2017 Butler Armco Employees Credit Union Butler
Filed Amendment to Article 1 of the institution's Articles of Incorporation provides for change in corporate title to Armco Credit Union. Article 8 amended and restated in its entirety.
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. 17-1375. Filed for public inspection August 18, 2017, 9:00 a.m.]
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