The Department of Banking News Bulletin 

Bulletin # 1769
Week Ending January 16, 1998

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 John P. Burke, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail to john.burke@ct.gov. Written comments will be considered only if they are received within ten days from the date of this bulletin.


STATE BANK ACTIVITY
Branch Activity

Section 36a-145 of the Connecticut General Statutes requires that each application for a branch, or for a limited branch at which money will be lent, be accompanied by a plan detailing how adequate services to meet the banking needs of all community residents will be provided. 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 Bank Examination Division, (860) 240-8180 . Note: dates are listed in month/day/year format.

Date Bank Location Activity
1/12/98 American Savings Bank
New Britain, CT
965 Farmington Avenue
Heritage Plaza
Kensington, CT 06037
approved
1/26/98 Savings Bank of Manchester
Manchester, CT
55 South Main Street
West Hartford, CT 06107
opening
date
1/26/98 Ridgefield Bank
Ridgefield, CT
720 Branchville Road
Ridgefield, CT 06877
opening
date

NAME CHANGE

On January 15, 1998, pursuant to the provisions of Section 36a-82 of the Connecticut General Statutes, approval was given to Norwalk Savings Society to change its name to NSS Bank.

NEW BANK ACTIVITY

On January 15, 1998, the organizers of Caribbean First Bank (In Organization) surrendered the Temporary Certificate of Authority which had been issued to them pursuant to Section 36a-70(i) of the Connecticut General Statutes.

MONEY ORDER AND TRAVELERS CHECK LICENSEE ACTIVITY

Pursuant to the provisions of Section 36a-600 of the Connecticut General Statutes, on January 16, 1998, The Pay-O-Matic Corp. filed an application to engage in the business of receiving money for transmitting the same. 

Dated: Tuesday, January 20, 1998

John P. Burke
Banking Commissioner