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.

Administrative Orders and Settlements

Please note: When viewing administrative orders posted on the Internet, please recognize that some orders may involve allegations that may be contested in a hearing and that are not yet resolved.  Such administrative proceedings may, in the end, be resolved in favor of the firm or individual or they may be concluded through a negotiated settlement with no admission of wrongdoing.  The documents posted on this website are not official copies.  If an official copy is needed, please contact the agency.  For more information on a particular order or settlement, you may contact the department via email or by calling (860) 240-8170.   Read more about the department's enforcement of laws under its jurisdiction. 

Recent Administrative Orders and Settlements: 

Kelley, Jonathan Michael - April 23
d/b/a Advocate Processing Systems

BitGo Trust Company, Inc. - April 21
d/b/a BitGo

1st Alliance Lending, LLC - April 16 - May 6
Jax Acquisitions II LLC - April 9
Smith, Travis - March 26 - April 21 - April 22

Renison, Thomas James - March 25

E*Trade Financial Corporate Services, Inc. - March 24

Waterbury Financial LLC - March 24
Watson, David Silvester Sr

AE Wealth Management, LLC - March 18

USIO, Inc. - March 16
f/k/a Payment Data Systems, Inc.

Salusbury, Frederic H. - March 10

Niagara Credit Solutions, Inc. - March 4

UNISA INC - February 26
d/b/a Unisa

Credit Protection Association, L.P. - February 25
d/b/a Credit Protection Association, Limited Partnership

Students Loan Services LLC - February 24

Diversified Consultants, Inc. - February 18

Traditional Mortgage Acceptance Corporation - February 11
d/b/a GoodLife Home Loans

Lists of agency actions and settlements
  • Consumer Credit - check cashers, collection agencies, debt adjusters, debt negotiators, mortgage lenders and loan brokers, money transmitters, mortgage originators, sales finance companies and small loan lenders
  • Financial Institutions - banks, bank officers and directors, credit unions
  • Securities and Business Investments - agents of issuer, broker-dealers, broker-dealer agents, business opportunities, investment advisers, investment adviser agents, issuers, other respondents