NOTICE: In accordance with Governor Lamont's emergency declaration, employees and the public are asked to observe social distancing measures to ensure communal safety and to slow the spread of the novel coronavirus (COVID-19). People are asked to work from home and telecommute wherever possible. Adhering to these instructions, the Department of Banking has closed its offices to the public. However, agency staff will continue to provide services to consumers and industry through telework. When contacting the Department, please use electronic communication whenever possible. Agency staff will continue to check voicemails during this time. 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 # 2758
Week Ending December 30, 2016

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.

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
The Milford Bank
2366 Main Street
Stratford, CT 06615
Notice of branch
closing - Full Service
The Milford Bank
3651 Main Street
Stratford, CT 06615
Filed -
Full Service

On December 28, 2016, the Commissioner approved the merger of Housatonic Teachers Federal Credit Union, a federal credit union, with and into Nutmeg State Financial Credit Union (“Nutmeg”), a Connecticut credit union, pursuant to Section 36a-468a of the Connecticut General Statutes.  In conjunction with the merger, Nutmeg’s field of membership will expand to include Shelton, Stratford, and Bridgeport.
Dated: Wednesday, January 4, 2017

Jorge L. Perez
Banking Commissioner