The Department of Banking News Bulletin 

Bulletin # 1876
Week Ending February 4, 2000

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.

Pursuant to Section 36a-581 of the Connecticut General Statutes, on January 31, 2000, New York Cash Express, Inc. DBA ACE "America's Cash Express" applied to operate a check cashing service general facility at 161 Boston Avenue, Bridgeport, Connecticut.

ORGANIZATION OF HOLDING COMPANY AND ACQUISITION

On January 31, 2000, pursuant to Section 36a-181 of the Connecticut General Statutes, the Banking Commissioner granted approval to The Greenwich Bank & Trust Company, a capital stock Connecticut bank, to organize Associated Community Bancorp, Inc. as a holding company. The Commissioner also issued a notice of intent not to disapprove the acquisition by Associated Community Bancorp, Inc. of all of the outstanding voting securities of Westport National Bank, a national bank.