The Department of Banking News Bulletin
Bulletin # 1911
Week Ending October 6, 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.
Date | Bank | Location | Activity |
---|---|---|---|
10/02/00 | Newtown Savings Bank |
956 White Plains Road Trumbull, CT 06611 |
filed |
10/04/00 | Naugatuck Savings Bank |
565 Straits Turnpike Watertown, CT 06795 |
approved |
10/04/00 | People's Bank Bridgeport |
*Stop & Shop 677 West Main Street New Britain, CT 06053 |
filed |
10/04/00 | Union Savings Bank Danbury |
FROM: 27 Main Street
New Milford, CT 06776 TO: 33 Whittelsey Avenue New Milford, CT 06776 |
approved to relocate |
10/05/00 | Citizens Bank of Connecticut New London |
**90 State House Square Hartford, CT 06103 |
approved |
10/05/00 | People's Bank Bridgeport |
*Stop & Shop 12 Franklin Street Hartford, CT 06483 |
filed |
* Limited Branch ** Limited Branch - Loan Production Office |
CHECK CASHING SERVICE LICENSE ACTIVITY
Pursuant to Section 36a-581 of the Connecticut General Statutes, on October 4, 2000, James Robert Toth received approval to operate a check cashing service general facility at 549 Howe Avenue, Shelton, Connecticut.
CREDIT UNION ACTIVITY
Field of Membership
Pursuant to subsections (g) and (h) of Section 36a-437 of the Connecticut General Statutes, on October 4, 2000, approval was granted to Hartford Courant Employees Credit Union, Inc., Hartford, Connecticut, to amend its certificate of organization and bylaws to expand its field of membership to include employees of the subsidiaries of the Chicago Tribune, Inc. located in Connecticut.
Pursuant to subsections (g) and (h of Section 36a-437 of the Connecticut General Statutes, on October 4, 2000, approval was granted to Northwest Hills Credit Union, Inc., Torrington, Connecticut, to amend its certificate of organization and bylaws to expand its field of membership to include persons who live, worship, go to school or work in Torrington, Connecticut.
ACQUISITIONS
On October 5, 2000, pursuant to Section 36a-184 of the Connecticut General Statutes, The MONY Group Inc. and MONY Acquisition Corp., both Delaware corporations, filed an acquisition statement for the acquisition of The Advest Group, Inc., and indirectly, Advest Bank and Trust Company, a federal bank.
On September 28, 2000, pursuant to Section 36a-184 of the Connecticut General Statutes, ING Groep N.V. filed an application to acquire Aeltus Trust Company, a Connecticut bank organized to function solely in a fiduciary capacity. On October 5, 2000, ING Groep N.V. amended its original application to acquire not only Aeltus Trust Company, but also its parent Aetna Inc., both pursuant to Sections 36a-184 and 36a-411 of the Connecticut General Statutes, and ING America Insurance Holdings Inc., a wholly-owned subsidiary of ING Groep N.V., joined in such application.
On October 6, 2000, pursuant to Sections 36a-184, 36a-411 and 36a-412 of the Connecticut General Statutes, ING Groep N.V., a holding company incorporated under the laws of the Netherlands, its wholly-owned subsidiary ReliaStar Financial Corp., a Delaware corporation, and ReliaStar Financial Corp.'s wholly-owned subsidiary, ING National Trust, a national banking association limited to fiduciary powers whose main office is located in Minneapolis, Minnesota, filed an application for the acquisition of Aetna Trust Company, FSB, a federal savings association limited to fiduciary powers, through the merger of Aetna Trust Company, FSB with and into ING National Trust.
John P. Burke
Banking Commissioner