DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[50 Pa.B. 5273]
[Saturday, September 26, 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 September 15, 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.
Date Name and Location of Applicant Action 09-09-2020 Hyperion Interim Bank
Filed The purpose of incorporation of Hyperion Interim Bank is to facilitate the formation of a bank holding company structure for Hyperion Bank and it will merge with Hyperion Bank and become the wholly-owned subsidiary of Hyperion Bancshares, Inc.
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 09-09-2020 Hyperion Bank
Filed Application for approval to merge Hyperion Bank with Hyperion Interim Bank to facilitate the formation of a bank holding company structure for Hyperion Bank.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 08-31-2020 Centric Bank
22D East Roseville Road
Opened 09-09-2020 The Muncy Bank and Trust Company
201 South Market Street
Filed 09-12-2020 Republic First Bank
2734 Street Road
Opened 09-14-2020 Washington Financial Bank
3576 Sheridan Avenue
Approved 09-14-2020 First Citizens Community Bank
741 West Cypress Street
Approved 09-15-2020 CNB Bank
827 Hopkins Road
Erie County, NY
Date Name and Location of Applicant Location of Branch Action 09-10-2020 CNB Bank
To: 200 East Mahoning Street
Approved From: 559 West Mahoning Street
CREDIT UNIONS No activity.
The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.
[Pa.B. Doc. No. 20-1312. Filed for public inspection September 25, 2020, 9:00 a.m.]
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