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.

Date	Bank	Location	Activity
10/19/12	Liberty Bank Middletown	60 North Main Street Southington, CT  06489	Filed

On October 15, 2012, pursuant to Sections 36a-412(d) of the Connecticut General Statutes, as amended by Public Act 12-96, Bank of England, an Arkansas banking corporation with its main office in England, Arkansas, filed an application to establish a loan production office at 15 Oakwood Avenue, 1st Floor, Norwalk, Connecticut. 

On October 3, 2012, the Commissioner issued a Notice of Automatic Suspension, Temporary Order to Cease and Desist, Notice of Intent to Revoke Debt Adjuster License, Notice of Intent to Issue Order to Cease and Desist and Notice of Right to Hearing (“Notice”) in the Matter of:  Credit Counseling Solutions, Inc. (“Respondent”), Branford, Connecticut.  The Notice was the result of an investigation by the Consumer Credit Division.  The Notice alleges that Respondent failed to maintain a surety bond during the entire period of its debt adjuster license, in violation of Section 36a-664 of the 2012 Supplement to the General Statutes.  The Commissioner also found that public welfare required the issuance of a Temporary Order to Cease and Desist.  Respondent was afforded an opportunity to request a hearing with regard to the allegation set forth in the Notice.

On October 3, 2012, the Commissioner issued an Order to Cease and Desist and Order Imposing Civil Penalty (“Order”) In the Matter of: New Path Financial (“Respondent”), of Westminster and Santa Ana, California.  The basis of the Order was that Respondent offered to engage and engaged in debt negotiation in this state without obtaining the required license, in violation of Section 36a-671(b) of the Connecticut General Statutes, in effect prior to October 1, 2011.  Respondent was ordered to cease and desist from violating such provision and to pay a civil penalty in the amount of $100,000.

     Dated:  Tuesday, October 23, 2012