The Department of Banking News Bulletin

Bulletin # 1782
Week Ending April 17, 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.

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.

On April 17, 1998, HUBCO, Inc., a bank holding company with its principal place of business in New Jersey, filed an application pursuant to Sections 36a-125, 36a-184 and 36a-411 of the Connecticut General Statutes for the acquisition, through merger, by HUBCO, Inc., of The Dime Financial Corporation and, indirectly, of 100% of the issued and outstanding common stock of The Dime Savings Bank of Wallingford, and the merger of The Dime Savings Bank of Wallingford with and into Lafayette American Bank. In connection with the proposed transactions, HUBCO Inc., The Dime Savings Bank of Wallingford and Lafayette American Bank have also filed a community reinvestment plan which is available for public inspection and comment at the Department of Banking for a period of 30 days.