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 # 2880 - Week Ending May 3, 2019


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 business days from the date of this bulletin.



Change of Name

On May 1, 2019, Start Community Bank, New Haven, Connecticut, filed an application to change its name to New Haven Bank pursuant to Section 36a-82 of the Connecticut General Statutes. Written objections to such 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.


Ralph Steven Giorgio (CRD No. 1048638)

On May 3, 2019, the Banking Commissioner entered into a Stipulation and Agreement (No. ST-19-8364-S) with Ralph Steven Giorgio of Greenwich, Connecticut. The Stipulation and Agreement alleged that Giorgio violated Section 36b-6(c)(2) of the Connecticut Uniform Securities Act by transacting business as an unregistered investment adviser agent of Sentinel Growth Fund Management, LLC. Pursuant to the Stipulation and Agreement, Ralph Steven Giorgio agreed to refrain from violative conduct and to pay a $2,500 fine to the agency.



      Dated: Tuesday, May 7, 2019


      Jorge L. Perez
      Banking Commissioner