The Department of Banking News Bulletin
Bulletin # 2883 - Week Ending May 24, 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.
STATE BANK ACTIVITY
Section 36a-145 of the Connecticut General Statutes requires certain applications for a branch or 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 the Department for a period of 30 days. Questions concerning branch activity should be directed to the Financial Institutions Division, (860) 240-8180.
DATE: May 22, 2019
BANK: Newtown Savings Bank, Newtown
LOCATION: FROM: 228 South Main Street, Newtown, CT 06470
TO: 274 South Main Street, Newtown, CT 06470
ACTIVITY-BRANCH TYPE: Filed to Relocate - Full Service Branch
CONSUMER CREDIT DIVISION ACTIVITY
Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing
On May 16, 2019, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (collectively “Notice”) in the Matter of: Adolphus Hampton II d/b/a Financial Instrument Recovery (“Respondent”), with addresses in Danielson, Connecticut and Windham, Connecticut. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent acted within this state as a consumer collection agency without a consumer collection agency license, in violation of Section 36a‑801(a) of the Connecticut General Statutes. Respondent was afforded an opportunity to request a hearing with regard to the allegation set for in the Notice.