The Department of Banking News Bulletin 

Bulletin # 2336
Week Ending November 28, 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.



NEW BANK ACTIVITY
On November 26, 2008, pursuant to the provisions of Section 36a-70 of the Connecticut General Statutes, an application was filed by the organizers of Sachem Bank for the establishment of a bank and trust company with its main office in Madison, Connecticut and a branch office in Branford, Connecticut.  The organizers are Ryan A. Duques, James A. Warner, Jeffrey T. Beatty, Craig A. Bernard, Keith B. Bishop, John F. Brady, Elizabeth Chapman, Richard L. Chorney, Henry (Ric) Duques, Marietta S. Lee, J. Richard Lee, John A. Matthews, Michael A. McKinnon, Christopher J. Zane, Anthony Avallone, Will Brierly, and John Kelley.  Spokesperson:  Ryan A. Duques, Organizer (203) 668-7786.
       Dated:  Tuesday, December 2, 2008
       Howard F. Pitkin
       Banking Commissioner