DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[51 Pa.B. 2998]
[Saturday, May 29, 2021]
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 May 18, 2021.
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 05-11-2021 Prosper Bank
Approved Application for approval to convert from a mutual savings bank to a stock savings bank.
Holding Company Acquisitions
Date Name and Location of Applicant Action 05-11-2021 PB Bankshares, Inc.
Approved Application for approval to acquire 100% of Prosper Bank, Coatesville, PA.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 05-17-2021 Jersey Shore State Bank
835 East Bishop 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. 21-855. Filed for public inspection May 28, 2021, 9:00 a.m.]
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