The Department of Banking News Bulletin
Bulletin # 2126
Week Ending November 19, 2004
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 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 Financial Institutions Division, (860) 240-8180.
| Date | Bank | Location | Activity |
|---|---|---|---|
| 11/06/04 | Citizens Bank of Connecticut New London |
36 Fenn Road Newington, CT 06111 |
opening date |
| 11/06/04 | Citizens Bank of Connecticut New London |
354 Broad Street Manchester, CT 06040 |
opening date |
| 11/06/04 | Citizens Bank of Connecticut New London |
1780 Silas Deane Highway Rocky Hill, CT 06067 |
opening date |
| 11/06/04 | Citizens Bank of Connecticut New London |
Price Chopper Supermarket 410 Queen Street Southington, CT 06489 |
opening date |
| 11/06/04 | Citizens Bank of Connecticut New London |
Price Chopper Supermarket 943 Wolcott Street Waterbury, CT 06705 |
opening date |
| 11/06/04 | Citizens Bank of Connecticut New London |
Price Chopper Supermarket 121 Farmington Avenue Bristol, CT 06010 |
opening date |
CHECK CASHING SERVICE LICENSE ACTIVITY
On October 27, 2004, pursuant to Section 36a-581 of the Connecticut General Statutes, Ramesh C. Patel & Haresh P. Savalia filed an application for approval to operate a check cashing service general facility at DaDa Deli LLC, 757 Meriden Road, Waterbury, Connecticut.
On November 2, 2004, pursuant to Section 36a-581 of the Connecticut General Statutes, Luna's Cargo Corp. filed an application for approval to operate a check cashing service general facility at 582 Park Street, Hartford, Connecticut.
SECURITIES AND BUSINESS INVESTMENTS DIVISION ACTIVITY
Notice of Intent to Issue Stop Order Issued
On November 17, 2004, the Commissioner issued a Notice of Intent to Issue Stop Order denying effectiveness to the pending securities registration of BMX Entertainment Corporation. The respondent, located at 67 Smith Street, P.O. Box 10857, Stamford, Connecticut, purportedly is in the music recording and distribution business. The Notice of Intent to Issue Stop Order alleged that, notwithstanding more than one deficiency letter issued by agency staff, the registration statement remained materially incomplete in that, among other things, the issuer's disclosure document did not satisfy the requirements in the SCOR Issuer's Manual. The respondent was afforded an opportunity to request a hearing on the Notice of Intent to Issue Stop Order.
John P. Burke
Commissioner