To protect the health and safety of the public and our employees, the Department of Banking has limited the number of employees at our office at 260 Constitution Plaza in Hartford. When contacting the Department, please use electronic communication whenever possible. Consumers are encouraged to use our online form for complaints. If you are unsure where to send an inquiry, you may send it to and it will be routed appropriately. Thank you for your patience during this time.

The Department of Banking News Bulletin

Bulletin # 1825
Week Ending February 12, 1999

This bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be in writing to John P. Burke, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail to Written comments will be considered only if they are received within ten days from the date of this bulletin.

Branch Activity

Section 36a-145 of the Connecticut General Statutes requires that each application for a branch, or for a limited branch at which loans will be made, be accompanied by a plan detailing how adequate services to meet the banking needs of all community residents will be provided. Plans are submitted when such applications are filed and are available for public inspection and comment at this Department for a period of 30 days. Questions concerning branch activity should be directed to the Bank Examination Division, (860) 240-8180.
Note: dates are listed in month/day/year format.

Date Bank Location Activity
2/08/99 American Bank
  of Connecticut
Stop & Shop (inside)
200 New Hartford Road, Route 44
Winsted, CT 06098
American Bank
  of Connecticut
FROM: Ledgebrook
          Stop & Shop (inside)
          200 New Hartford Road
          Route 44
          Winsted, CT 06098
TO:     Ledgebrook
          (adjacent to Stop & Shop)
          200 New Hartford Road
          Route 44
          Winsted, CT 06098
filed to
2/11/99 Ridgefield Bank
*642 Danbury Road
  Ridgefield, CT 06877
2/08/99 Tolland Bank
FROM: 237 Merrow Road
         Tolland, CT 06084
TO:     215 Merrow Road
         Tolland, CT 06084
* Special Needs Limited Branch


Pursuant to the provisions of Section 36a-145(h) of the Connecticut General Statutes, on February 8, 1999, New Haven Savings Bank requested approval to sell its branch located at 635 South Main Street, Middletown, Connecticut, to Liberty Bank, Middletown.


Pursuant to the provisions of Section 36a-82 of the Connecticut General Statutes, on December 18, 1998, NSS Bank, Norwalk, filed an application for permission to change its name to Summit Bank. Written objections to the application may be made, for a period of 30 days from the date of publication of this bulletin, on the grounds that the name selected will tend to confuse the public.


On February 8, 1999, Deutsche Bank AG, an Aktiengesellschaft (corporation) organized and existing under the laws of the Federal Republic of Germany, filed an application pursuant to Sections 36a-184 and 36a-412 of the Connecticut General Statutes for the acquisition through merger of Bankers Trust Corporation, a New York corporation, and, indirectly, of all of the voting stock of Bankers Trust Company Connecticut Ltd., a Connecticut bank organized solely to function in a fiduciary capacity.

On February 10, 1999, pursuant to Section 36a-184 of the Connecticut General Statutes, Webster Financial Corporation, a Delaware corporation, filed an application for the acquisition of Village Bancorp, Inc., a Connecticut Corporation, and indirectly, The Village Bank & Trust Company, a Connecticut bank

Dated: Wednesday, February 16, 1999

John P. Burke
Banking Commissioner