First Bellefonte Bank & Trust Co. v. Myers

Opinion by

Mr. Chief Justice Bell,

The Department of Banking, acting through the Secretary of Banking, disapproved* the application of First Bellefonte Bank and Trust Company for a branch bank at 203 East Beaver Avenue, which was located in a shopping center at State College. The Department, after investigation and consideration of the evidence, found that there was not a need for banking services or facilities such as are required by Section 204.1 B of the Banking Code,** as amended.

On appeal from an Order disapproving an application for a branch bank where, as here, the statute does not…