The Department of Banking News Bulletin

Bulletin # 1792
Week Ending June 26, 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
6/22/98 American Savings Bank
New Britain
*121 Main Street
  New Britain, CT 06051
opening
date
6/24/98 U.S. Trust Company
  of Connecticut
Greenwich
29 South Main Street
West Hartford, CT 06107
opening
date
6/25/98 Lafayette American Bank
Bridgeport
4637 Main Street
Bridgeport, CT 06606
approved
6/25/98 Lafayette American Bank
Bridgeport
180 Fairfield Avenue
Bridgeport, CT 06604
approved
6/25/98 Lafayette American Bank
Bridgeport
72 Queen Street
Southington, CT 06489
approved
6/25/98 Lafayette American Bank
Bridgeport
331 Main Street
Durham, CT 06422
approved
6/25/98 Lafayette American Bank
Bridgeport
322 North Main Street
West Hartford, CT 06117
approved
6/25/98 Lafayette American Bank
Bridgeport
100 Piedmont Street
Waterbury, CT 06706
approved
6/25/98 Lafayette American Bank
Bridgeport
60 Old Mill Road
Georgetown, CT 06829
approved
6/25/98 Lafayette American Bank
Bridgeport
401 Post Road
Cos Cob, CT 06807
approved
* Limited Branch

CHECK CASHING ACTIVITY

Pursuant to the provisions of Section 36a-581 of the Connecticut General Statutes, on June 22, 1998, Ganesh Associates LLC applied for a license to operate a check cashing service general facility at 314 Farmington Avenue, Hartford, Connecticut.

SECTION 36a-425 APPROVALS

On June 22, 1998, approval was granted to Swiss Bank Corporation, a corporation organized under the laws of Switzerland, to establish an office of its subsidiary, SBC Warburg Dillon Read Inc., a Connecticut corporation, at 677 Washington Boulevard, Stamford, Connecticut.

On June 22, 1998, approval was granted to UBS AG, a corporation organized under the laws of Switzerland, to establish an office of its subsidiary, Warburg Dillon Read LLC, a Delaware limited liability company, at 677 Washington Boulevard, Stamford, Connecticut.

Dated: Tuesday, June 30, 1998

John P. Burke
Banking Commissioner