State of Connecticut Department of Banking

Martin Luther King, Jr. Corridor Designation - Request for Information The Department of Banking is seeking applications for the designation of "Martin Luther King, Jr. (MLK) Corridors" to promote secured and unsecured lending in the state with the intention of stimulating economic development within those corridors. More information may be found here. Apply via the DAS CTSouce Bid Board, type DOB-24084 in the search field.

The Department of Banking News Bulletin

Bulletin # 3017 - Week Ending December 17, 2021

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 directed to Jorge L. Perez, Banking Commissioner.  Written comments will be considered only if they are received within ten business days from the date of this bulletin.

STATE BANK ACTIVITY

Interstate Loan Production Offices

On December 15, 2021, New York Community Bank, a New York state-chartered bank, filed applications pursuant to Section 36a-412(d) of the Connecticut General Statutes, seeking approval to establish loan production offices at 100 Mill Plain Road, Suite 2G in Danbury, Connecticut and 1090 Elm Street, Suite 106 in Rocky Hill, Connecticut.

Acquisition

On December 14, 2021, Oaktree Opportunities Fund XI Holdings (Delaware), L.P. and Oaktree Opportunities Fund Xb Holdings (Delaware), L.P., each a limited partnership organized under the laws of Delaware, filed an acquisition statement pursuant to Section 36a-184 of the Connecticut General Statutes for the acquisition of more than 10% of the voting securities of Patriot Bank, N.A., a national bank headquartered in Stamford, Connecticut.

Dated:  Tuesday, December 21, 2021


Jorge L. Perez
Banking Commissioner