DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[49 Pa.B. 1032]
[Saturday, March 9, 2019]
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 February 26, 2019.
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 02-22-2019 Orrstown Financial Services, Inc.
Filed Application for approval to acquire 100% of Hamilton Bancorp, Inc., Towson, MD, and thereby indirectly acquire 100% of Hamilton Bank, Towson, MD. 02-25-2019 Citizens & Northern Corporation
Approved Application for approval to acquire 100% of Monument Bancorp, Inc., Doylestown, and thereby indirectly acquire 100% of Monument Bank, Doylestown.
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 02-22-2019 Orrstown Bank
Filed Application for approval to merge Hamilton Bank, Towson, MD, with and into Orrstown Bank, Shippensburg, PA. 02-25-2019 Citizens & Northern Bank
Approved Application for approval to merge Monument Bank, Doylestown, with and into Citizens & Northern Bank, Wellsboro.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 02-21-2019 Susquehanna Community Bank
2409 East Third Street
Approved 02-21-2019 Penn Community Bank
426 North Main Street
Approved 02-22-2019 LINKBANK
2010 Fruitville Pike
Filed 02-22-2019 LINKBANK
3045 Market Street
Date Name and Location of Applicant Location of Branch Action 02-21-2019 Citizens & Northern Bank
To: 423/433 Reuter Boulevard
Approved From: 428 Main Street
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 2-25-2019 1st Ed Credit Union
475 Eisenhower Drive
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. 19-324. Filed for public inspection March 8, 2019, 9:00 a.m.]
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