State of Connecticut Department of Banking

The Department of Banking News Bulletin 

Bulletin # 2214
Week Ending July 28, 2006

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
7/24/06
The Guilford Savings Bank
Guilford
494 Old Toll Road
Madison, CT  06443
approved
7/25/06
NewAlliance Bank
New Haven
FROM: 670 North Colony Road
         Wallingford, CT 06492
TO:    741 North Colony Road
         Wallingford, CT 06492
approved
to
relocate
7/27/06
Apple Valley Bank &
  Trust Company, Cheshire
670 North Colony Road
Wallingford, CT 06492
filed
7/27/06
People's Bank
Bridgeport
* 860 Bridgeport Avenue
   Shelton, CT  06484
 approved
* Limited Branch


DENIAL OF PETITION FOR DECLARATORY RULING
On July 25, 2006, in connection with a request for a hearing and petition for a declaratory ruling filed by Paul J. Pinto, pursuant to subdivisions (2) and (5) of Section 4-176(e) of the Connecticut General Statutes, the Commissioner decided not to order the matter set for a hearing or issue a declaratory ruling on the issue of whether the Commissioner complied with Section 46a-80 of the Connecticut General Statutes in connection with the Commissioner’s May 16, 2006, denial of Paul J. Pinto’s originator registration.
         Dated:  Wednesday, August 1, 2006
         John P. Burke
         Commissioner