DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[50 Pa.B. 6678]
[Saturday, November 21, 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 10, 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.
Section 112 Acquisitions
Date Name and Location of Applicant Action 11-05-2020 T-VIII PubOpps, LP and related parties
Fairfield County, CT
Filed Application by T-VIII PubOpps, LP; T-VIII PubOpps GP, LLC; Trident VIII, LP; Trident VIII Parallel Fund, LP; Trident VIII DE Parallel Fund, LP; Trident VIII Professionals Fund, LP; Trident Capital VIII, LP; Stone Point Capital, LLC; Stone Point GP, Ltd.; CD Trident VI, LLC; DW Trident GP, LLC; JC Trident GP, LLC; SF Trident VI, LLC; and NZ Trident GP, LLC, for approval to purchase or otherwise acquire approximately 8.5% of the shares of voting common stock and 100% of the shares of Series C Perpetual Non-Cumulative Convertible Non-Voting Preferred Stock of TriState Capital Holdings, Inc., Pittsburgh, Allegheny County, PA, and thereby indirectly acquire ownership interest in TriState Capital Bank, Pittsburgh, Allegheny County, PA.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 11-06-2020 Middletown Valley Bank
Frederick County, MD
11337 Buchanan Trail East
Franklin County, PA
Date Name and Location of Applicant Location of Branch Action 10-13-2020 Investment Savings Bank
To: 900 South 16th Street
Effective From: 1201 8th Avenue
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. 20-1610. Filed for public inspection November 20, 2020, 9:00 a.m.]
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