State of Connecticut Department of Banking

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The Department of Banking News Bulletin 

Bulletin # 2314
Week Ending June 27, 2008

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 Howard F. Pitkin, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail. 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 2008 Supplement to the 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
6/25/08
Jewett City Savings Bank
Jewett City
353 Route 165
Preston, CT  06365
approved
6/26/08
Newtown Savings Bank
Newtown
FROM: 3 Pomperaug Office Park
          Southbury, CT  06488
TO:    33 Brown Road
          Southbury, CT  06488
filed to
relocate

ACQUISITION
On June 24, 2007, pursuant to Section 36a-184 of the Connecticut General Statutes, BNC Financial Group, Inc., a Connecticut holding company, filed an acquisition statement to acquire 100% of the voting securities of The Bank of Fairfield, a Connecticut bank (in organization).  In connection with the acquisition, The Bank of Fairfield filed a community reinvestment plan that is available for public inspection and comment at the Department of Banking for a period of 30 days.
       Dated:  Tuesday, July 1, 2008
       Howard F. Pitkin
       Banking Commissioner