Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 16-7

NOTICES

DEPARTMENT OF BANKING AND SECURITIES

Actions on Applications

[46 Pa.B. 25]
[Saturday, January 2, 2016]

 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 December 22, 2015.

 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 their 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.

BANKING INSTITUTIONS

Incorporations

DateName and Location of Applicant Action
12-16-2015Peoples Security Trust/Wealth Management Company
Scranton
Lackawanna County
Withdrawn
Corresponding Agent
Daniel G. Murray
301 Carnegie Center, Suite 400
Princeton, NJ 08543

Interim Incorporations

DateName and Location of Applicant Action
12-21-2015 Covenant Interim Bank
Doylestown
Bucks County
Effective
The purpose of Covenant Interim Bank, Doylestown, is to merge with Covenant Bank, Doylestown, to facilitate the proposed reorganization of Covenant Bank into a bank holding company structure whereby Covenant Bank will become the wholly-owned subsidiary of Covenant Financial, Inc., a new holding company in formation.

Section 112 Acquisitions

DateName and Location of Applicant Action
12-18-2015 Richard J. Green Filed
Application for approval to acquire over 50% majority voting control of Semperverde Holding Company, Conshohocken, and thereby voting control of Firstrust Savings Bank, which is a wholly owned subsidiary of Semperverde Holding Company.

Holding Company Acquisitions

Date Name and Location of Applicant Action
12-18-2015 Nextier, Inc.
Kittanning
Armstrong County
Approved
Application for approval to acquire 100% of Eureka Financial Corp., Pittsburgh and thereby indirectly acquire 100% of Eureka Bank, Financial Savings Association, Pittsburgh.

Consolidations, Mergers and Absorptions

Date Name and Location of Applicant Action
12-18-2015C&G Savings Bank
Altoona
Blair County
Filed
Application for approval to merge Cresson Community Bank, Cresson, with and into C&G Savings Bank, Altoona, and changing their corporate title to PennCrest Bank.

Branch Applications

De Novo Branches

DateName and Location of Applicant Location of Branch Action
12-7-2015PeoplesBank, A Codorus Valley Company
York
York County
1651 Baltimore Pike
Hanover
York County
Opened
12-17-2015Compass Savings Bank
Wilmerding
Allegheny County
87 Rocky Road
Irwin
Westmoreland County
Filed

Branch Discontinuance

Date Name and Location of Applicant Location of Branch Action
12-9-2015 Beneficial Bank
Philadelphia
Philadelphia County
7262 Frankford Avenue
Philadelphia
Philadelphia County
Filed

Branch Consolidations

Date Name and Location of Applicant Location of Branch Action
12-4-2015 AmeriServ Financial Bank
Johnstown
Cambria County
Into: 1857 North Atherton Street
State College
Centre County
Withdrawn
From: 734 South Atherton Street
State College
Centre County

CREDIT UNIONS

No activity.

 The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.

ROBIN L. WIESSMANN, 
Secretary

[Pa.B. Doc. No. 16-7. Filed for public inspection December 31, 2015, 9:00 a.m.]



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