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 # 1836
Week Ending April 30, 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
4/30/99 U.S. Trust Company
of Connecticut
100 West Lancaster Ave.
Suite 200
Wayne, PA 19087
5/18/99 American Bank
of Connecticut
FROM: Ledgebrook
         Stop & Shop (inside)
         200 New Hartford Road
         Route 44
         Winsted, CT 06098
TO:    Ledgebrook
         Stop & Shop (adjacent)
         200 New Hartford Road
         Route 44
         Winsted, CT 06098


Pursuant to the provisions of Subsections (g) and (h) of Section 36a-437 of the Connecticut General Statutes, on April 27, 1999, United Credit Union of Norwalk, Inc., filed an application to amend its certificate of organization and bylaws to expand its field of membership to include alumni of Norwalk High School, Brien McMahon High School and Briggs High School.


On April 26, 1999, the Banking Commissioner granted approval, pursuant to Section 36a-412(a)(1) of the Connecticut General Statutes, to Deutsche Bank AG to acquire and retain the ownership and control of 100% of the issued and outstanding voting stock of Bankers Trust Company Connecticut Ltd. The Commissioner also issued a notice of intent not to disapprove the acquisition by Deutsche Bank AG of 100% of the beneficial ownership of the issued and outstanding voting stock of Bankers Trust Corporation and, indirectly, of Bankers Trust Company Connecticut Ltd.


On April 28, 1999, First International Bank, N.A., Hartford, Connecticut, filed an application pursuant to Section 36a-137 of the Connecticut General Statutes to convert from a capital stock federal bank to a capital stock Connecticut bank.


On April 26, 1999, an application was filed by FMR Corp., a Massachusetts corporation, to establish an office of its subsidiaries, Fidelity Brokerage Services, Inc., and Strategic Advisers, Inc. d/b/a Fidelity Personal Advisory Services, both Massachusetts corporations, at 48 West Putnam Avenue, Greenwich, Connecticut.

On April 30, 1999, applications were filed by First American Corporation, a Tennessee corporation, to establish offices of its subsidiaries, INVEST Financial Corporation, a Delaware corporation, and INVEST Financial Corporation. Insurance Agency Inc. of Connecticut, a Connecticut corporation, at Main & Bissell Street, Lakeville; 13 North Street, Litchfield; 707 Connecticut Avenue, Norwalk; and 29 South Main Street, West Hartford, Connecticut.

Dated: Tuesday, May 4, 1999

John P. Burke
Banking Commissioner