The Department of Banking News Bulletin 

Bulletin # 1967
Week Ending November 2, 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.

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.

MONEY ORDER AND TRAVELERS CHECK LICENSE ACTIVITY

On November 2, 2001, pursuant to Section 36a-600 as amended by Public Act 01-56 of the Connecticut General Statutes, Boby Express of New York Inc. applied for approval to engage in the business of money transmission.   

CHECK CASHING SERVICE LICENSE ACTIVITY

On October 29, 2001, pursuant to Section 36a-581 of the Connecticut General Statutes, Check Stop of Connecticut, LLC filed an application to operate a check cashing service general facility at 212 Main Street, Norwich, Connecticut.

On October 29, 2001, pursuant to Section 36a-581 of the Connecticut General Statutes, SDM Check Cashing of CT II, LLC filed an application to operate check cashing service general facilities at 161 Boston Avenue, Bridgeport, Connecticut and 2165 Boston Avenue, Bridgeport, Connecticut.

On November 1, 2001, pursuant to Section 36a-581 of the Connecticut General Statutes, Ace Cash Express, Inc. filed an application to operate check cashing service general facilities at 593 Farmington Avenue, Hartford, Connecticut and 90 East Main Street, New Britain, Connecticut.

DE NOVO BRANCH

On October 31, 2001, pursuant to Sections 36a-412(a)(2), as amended by P.A. 01-76, and 36a-145(c)(1), as amended by P.A. 01-183, of the Connecticut General Statutes, the Commissioner granted approval to Sovereign Trust Company to establish a de novo limited branch at 100 Pearl Street, Hartford, Connecticut, to engage solely in fiduciary activities.