Actions taken by the Federal Reserve Bank of Philadelphia under delegated authority

Bank Holding Companies
Lake Shore, MHC, Dunkirk, New York -- to convert to a Delaware-chartered mutual bank holding company and for Lake Shore Bancorp, Inc., Dunkirk, to convert to a Maryland-chartered bank holding company upon the conversion of Lake Shore Savings Bank from a federal savings bank to a national bank.
- Withdrawn, October 11, 2019
ACNB Corporation, Gettysburg, Pennsylvania -- waiver of application to acquire Frederick County Bancorp, Inc., Frederick, Maryland, and Frederick County Bank (FC Bank), in connection with the merger of FC Bank with and into ACNB Bank, Gettysburg, Pennsylvania.
- Granted, October 4, 2019
Orrstown Financial Services, Inc., Shippensburg, Pennsylvania -- to acquire Hamilton Bancorp, Towson, Maryland, and thereby indirectly acquire Hamilton Bank, and for Hamilton Bank to merge with and into Orrstown Bank, Shippensburg.
- Approved, April 1, 2019
Dime Community Bancshares, Inc., Brooklyn, New York -- to become a bank holding company through the conversion of its wholly owned subsidiary, Dime Community Bank, Brooklyn, from a state savings bank to a state-chartered commercial bank.
- Approved, March 7, 2019
Change In Bank Control
LINKBANCORP, Inc., Camp Hill, Pennsylvania -- change in bank control of LINKBANCORP, Inc., and its subsidiary, LINKBANK, West Chester.
- Permitted, September 30, 2019
The Freedom Bank of Virginia, Fairfax, Virginia -- change in bank control.
- Permitted, June 27, 2019
Financial Holding Companies
Ponce Bank Mutual Holding Company, Bronx, New York, and PDL Community Bancorp -- election to become financial holding companies.
- Effective, February 21, 2019
Savings and Loan Holding Companies
Columbia Bank MHC, Fair Lawn, New Jersey, and Columbia Financial, Inc. -- to acquire Stewardship Financial Corporation, Midland Park, and thereby indirectly acquire Atlantic Stewardship Bank (Atlantic), in connection with Atlantic's merger with and into Columbia Bank, Fair Lawn, a subsidiary of Columbia Financial, Inc.
- Approved, September 17, 2019
Stewardship Financial Corporation, Midland Park, New Jersey -- to convert to a savings and loan holding company upon the conversion of Atlantic Stewardship Bank, Midland Park, from a commercial bank to stock savings association.
- Approved, September 17, 2019
RBI Holdings, Inc., Roseville, Michigan -- to form a savings and loan holding company and, subsequently, to acquire shares of PrinCap Holdings One, LLC, Ewing, New Jersey, which controls Resolute Bank, Maumee, Ohio.
- Withdrawn, March 22, 2019
Beneficial Bancorp, Inc., Philadelphia, Pennsylvania -- to convert to a savings and loan holding company upon the conversion of Beneficial Bank, Philadelphia, from a state-chartered savings bank to a stock federal savings bank.
- Approved, February 25, 2019

Last Update: October 17, 2019