The Department of Banking News Bulletin

Bulletin # 2038
Week Ending March 14, 2003

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

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.

State Bank Activity

On March 7, 2003, Commerce Bank/Pennsylvania, N.A., with its main office located in Philadelphia, Pennsylvania, filed an application pursuant to Sections 36a-412(a)(2) and 36a-145(b)(1) of the Connecticut General Statutes to establish a de novo branch at 831 & 833 High Ridge Road, Stamford, Connecticut.

CHECK CASHING SERVICE LICENSE ACTIVITY

On March 13, 2003, pursuant to Section 36a-581(d) of the Connecticut General Statutes, Check Stop of Connecticut, LLC applied to relocate its licensed check cashing service general facility from 77 State Street, Meriden, Connecticut, to 515 Broad Street, Meriden, Connecticut.

CREDIT UNION DIVISION ACTIVITY

On March 5, 2003, pursuant to Section 36a-468b of the Connecticut General Statutes, Stamford Credit Union, Inc., Stamford, filed an application to convert from a Connecticut credit union to a federal credit union.