The Department of Banking News Bulletin 

Bulletin # 1957
Week Ending August 24, 2001

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, Commissioner of Banking, 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.


BRANCH ACTIVITY
State Bank

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
8/20/01 Bank of Westport
Westport
*180 Post Road East
  Westport, CT 06880
opening
date
8/24/01 Liberty Bank
Middletown
162-166 Washington Avenue
North Haven, CT 06473
filed
* Mobile Branch

MONEY ORDER AND TRAVELERS CHECK LICENSE ACTIVITY

On August 21, 2001, pursuant to Section 36a-600 of the Connecticut General Statutes, Citicorp Electronic Financial Services, Inc. has applied for approval to issue Connecticut instruments which are electronic payment instruments.

MERGER

On August 20, 2001, pursuant to Sections 36a-412(a)(1) and 36a-125 of the Connecticut General Statutes, the Commissioner granted approval for the merger of Cargill Bank, a Connecticut Bank, with and into Park West Bank and Trust Company, a Massachusetts chartered trust company, the resulting entity to be known as Westbank.

Dated: Tuesday, August 21, 2001

John P. Burke
Banking Commissioner