State of Connecticut Department of Banking

The Department of Banking News Bulletin

Bulletin # 2173
Week Ending October 14, 2005

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.

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
10/13/05
NewAlliance Bank
New Haven
38 Danbury Road
Ridgefield, CT  06877
filed
10/15/05
People's Bank
Bridgeport
 1163 Farmington Avenue
Berlin, CT 06037
approved

STATE HOLIDAYS 2006
Due to the Department of Banking’s amended Policy Concerning Holiday Openings and Closings, Connecticut banks and credit unions are no longer obligated to close on legal holidays (as set forth in Section 1-4 of the Connecticut General Statutes) but may, at their option, close or remain open for business on a full or partial basis on any day designated as a legal holiday.  Connecticut banks and credit unions are required to give at least two weeks’ advance notice to their customers of holiday openings and closings by posting such notice in the lobby of each office.
Please contact your financial institution directly to determine whether or not it will open for business on a state holiday.  Legal holidays to be observed by the State of Connecticut in the year 2006 are:
Legal Holiday  
 Day Observed 
 Legal Holiday 
 Day Observed
New Year’s Day 
Mon., Jan. 2, 2006  
Independence Day  
 Tues., July 4, 2006 
Martin Luther King's Day 
Mon., Jan. 16, 2006 
Labor Day
Mon., Sept. 4, 2006
Lincoln's Birthday  Mon., Feb. 13, 2006  Columbus Day  Mon., Oct. 9, 2006
Washington's Birthday  Mon., Feb. 20, 2006  Veterans' Day  Fri., Nov. 10, 2006
Good Friday * Fri., April 14, 2006  Thanksgiving Day **  Thurs., Nov. 23, 2006
Memorial Day  Mon., May 29, 2006  Christmas Day Mon., Dec. 25, 2006

* The day which will be designated by the Governor as a day of Fasting and Prayer.
** The day which will be designated by the Governor as a day of Thanksgiving.
For 2007, the first holiday is New Year’s Day. This holiday will be observed on Monday, January 1, 2007.
Dated: Tuesday, October 18, 2005

John P. Burke
Commissioner