Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 20-1578

NOTICES

DEPARTMENT OF BANKING AND SECURITIES

Actions on Applications

[50 Pa.B. 6407]
[Saturday, November 14, 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 November 3, 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

Interim Incorporations

Date Name and Location of Applicant Action
10-29-2020 Hyperion Interim Bank
Philadelphia
Philadelphia County
Approved
The purpose of incorporation of Hyperion Interim Bank is to facilitate the formation of a bank holding company structure for Hyperion Bank. It will then 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
10-29-2020 Hyperion Bank
Philadelphia
Philadelphia County
Approved
Application for approval to merge Hyperion Bank with Hyperion Interim Bank to facilitate the formation of a bank holding company structure for Hyperion Bank.

Branch Applications

De Novo Branches

Date Name and Location of Applicant Location of Branch Action
11-02-2020 Jersey Shore State Bank
Jersey Shore
Lycoming County
501-503 East Plank Road
Altoona
Blair 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. 20-1578. Filed for public inspection November 13, 2020, 9:00 a.m.]



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