State of Connecticut Department of Banking

The Department of Banking News Bulletin 

Bulletin # 2362
Week Ending May 29, 2009

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 Connecticut General Statutes requires certain applications 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
5/29/09
Liberty Bank
Middletown
*12 Hope Street
  Niantic, CT  06357
filed
*Limited branch

SUBSIDIARY HOLDING COMPANY FORMATION AND ACQUISITION
On May 28, 2009, pursuant to Section 36a-198 of the Connecticut General Statutes, the Commissioner approved the application of Collinsville Savings Mutual Holding Company, for the establishment of a subsidiary holding company to be known as Collinsville Stock Holding Company, and, pursuant to Section 36a-185 of the Connecticut General Statutes, the Commissioner issued a notice of intent not to disapprove the acquisition by Connecticut Mutual Holding Company, of 100% of the outstanding shares of common stock of Collinsville Stock Holding Company, and, indirectly, Collinsville Savings Society.
       Dated:  Tuesday, June 2, 2009
       Howard F. Pitkin
       Banking Commissioner