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The Department of Banking News Bulletin 

 Bulletin # 1899
Week Ending July 14, 2000

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 john.burke@ct.gov. Written comments will be considered only if they are received within ten days from the date of this bulletin.


STATE BANK ACTIVITY
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
7/03/00 Putnam Savings Bank
Putnam
*50 Canal Street
  Putnam, CT 06260
opening
date
7/11/00 Putnam Savings Bank
Putnam
**Creamery Brook
       Retirement Village
    36 Vina Lane
    Brooklyn, CT 06234
filed
7/13/00 Naugatuck Savings Bank
Naugatuck
565 Straits Turnpike
Watertown, CT 06795
filed
9/29/00 Cargill Bank
Putnam
Route 131
Thompson, CT 06277
closing
 date
* Limited Branch - Loan Production Office
** Limited Branch - Special Needs

MONEY ORDER AND TRAVELERS CHECK LICENSE ACTIVITY

Pursuant to Section 36a-600 of the Connecticut General Statutes, on July 10, 2000, Amerix Corporation filed an application to engage in the business of receiving money for transmitting the same.

SECTION 36a-425 APPLICATION

On July 14, 2000, The Royal Bank of Scotland Group plc, incorporated under the laws of Great Britain and registered in Scotland, filed an application to maintain an office of its subsidiaries, Greenwich Capital Holdings, Inc.; Greenwich Capital Markets, Inc.; Greenwich Capital Derivatives, Inc.; Greenwich Capital Acceptance, Inc.; Greenwich Capital Financial Products, Inc.; Greenwich NatWest Structured Finance, Inc.; Financial Assets Securities Corp.; Greenwich Capital Commercial Funding Corp.; Random Properties Acquisition Corp. I; Random Properties Acquisition Corp. II; Random Properties Acquisition Corp. III; and Random Properties Acquisition Corp. IV, all Delaware corporations, at 600 Steamboat Road, Greenwich, Connecticut.

CREDIT UNION ACTIVITY
Merger

Pursuant to Section 36a-470 of the Connecticut General Statutes, on July 3, 2000, Olin Employees Credit Union, Inc., Norwalk, Connecticut, filed an application to merge with and into Mutual Security Federal Credit Union, Wilton, Connecticut.

Field of Membership

Pursuant to Sections 36a-437(g) and (h) of the Connecticut General Statutes, as amended by Public Act 99-36, on July 13, 2000, Community Healthcare Credit Union, Inc. requested approval to amend its certificate of organization and bylaws to expand its field of membership to include all persons who live, work, worship, or attend school in, and businesses and other entities located in the towns of Vernon, Manchester and Glastonbury.

Dated: Tuesday, July 18, 2000

John P. Burke
Banking Commissioner