The Department of Banking News Bulletin
Bulletin # 1791
Week Ending June 19, 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 loans will be made, 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 |
---|---|---|---|
6/15/98 | Citizens Bank of Connecticut New London |
816 Long Hill Road Groton, CT 06340 |
approved |
6/15/98 | Citizens Bank of Connecticut New London |
568 East Main Street Branford, CT 06405 |
approved |
6/15/98 | Citizens Bank of Connecticut New London |
430 Foxon Road East Haven, CT 06512 |
approved |
6/15/98 | Citizens Bank of Connecticut New London |
263 Hemingway Avenue East Haven, CT 06513 |
approved |
6/15/98 | Citizens Bank of Connecticut New London |
1717 Foxon Road North Branford, CT 06471 |
approved |
6/16/98 | Litchfield Bancorp Litchfield |
*FROM: 16 Bird Street
Torrington, CT 06790 *TO: 1320 East Main Street Torrington, CT 06790 |
approved to relocate |
* Limited Branch |
ACQUISITION AND MERGER
On June 16, 1998, New England Community Bancorp, Inc., a bank holding company with its principal place of business in Connecticut, its wholly-owned subsidiary, New England Bank & Trust Company, a Connecticut-chartered bank and trust company, and Bank of South Windsor, a Connecticut-chartered bank and trust company, filed an application pursuant to Sections 36a-184 and 36a-125 of the Connecticut General Statutes for the merger of Bank of South Windsor with and into New England Bank & Trust Company. In connection with the application, New England Bank & Trust Company and Bank of South Windsor also have filed a community reinvestment plan which is available for public inspection and comment at the Department of Banking for a period of 30 days.
SECTION 36a-425 APPLICATION
On June 17, 1998, an application was filed by KeyCorp to establish an office of its subsidiary, Champion Mortgage Co., Inc., at 2139 Silas Deane Highway, Rocky Hill, Connecticut.
Dated: Tuesday, June 23, 1998
John P. Burke
Banking Commissioner