Bulletin # 2706
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 Jorge L. Perez, Banking Commissioner, Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800. 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 certain applications for a branch, or for a limited branch at which loans will be made, address how the establishment of the branch will be consistent with safe and sound banking practices and promote the public convenience and advantage. 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 Financial Institutions Division, (860) 240-8180.
Date | Bank | Location | Activity-Branch Type |
---|---|---|---|
12/16/15 |
First County Bank
Stamford |
Academy of Information
Technology & Engineering
411 High Ridge Road
Stamford, CT 06905 |
Filed - Special Needs
Limited Branch * |
12/29/15 |
Liberty Bank
Middletown |
190 Main Street
Middletown, CT 06457
Into
315 Main Street
Middletown, CT 06457 |
Notice of Branch -
Consolidation (Limited
into Full Service) |
01/15/16 |
Farmington Bank
Farmington |
Westfarms - Suite B103
1500 New Britain Avenue
Farmington, CT 06032 |
Closing Date -
Full Service |
*Correction from Bulletin 2704 - Application did not specify branch type. |
On December 30, 2015, the Commissioner entered into a Consent Order with Michael J. Roth (“Roth”). The Consent Order alleged that Roth, who was an employee of New England Bank, was charged with, and pled guilty to, one count of larceny in the first degree. As part of the Consent Order, Roth may not hold any position as a director, officer, employee or independent contractor with any bank, Connecticut credit union or federal credit union or with a holding company that holds a subsidiary that is a bank, or as a licensee or registrant under Title 36a or 36b of the Connecticut General Statutes, without the consent of the Commissioner.
Merger
CONSUMER CREDIT DIVISION ACTIVITY
Order to Cease and Desist and Order Imposing Civil Penalty
Dated: Tuesday, January 5, 2016
Jorge L. Perez
Banking Commissioner