The Department of Banking News Bulletin
Bulletin # 2623 - Week Ending May 30, 2014
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.
STATE BANK ACTIVITY
Branch 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 |
|---|---|---|---|
| 05/28/14 |
United Bank
Glastonbury
|
Supermarket branch
31 Main Street
East Hartford, CT 06118
|
Notice of Intent
Not to Disapprove
|
STATE CREDIT UNION ACTIVITY
Branch Activity
| Date | Credit Union | Location | Activity |
|---|---|---|---|
| 05/29/14 |
Sikorsky Financial Credit Union
Stratford
|
Ansonia High School
20 Pulaski Highway
Ansonia, CT 06401
|
Notice of Intent
Not to Disapprove
|
| 08/02/14 |
Members Credit Union, Inc.
Cos Cob
|
56 West Broad Street
Stamford, CT 06902
|
Closing
Date
|
CONSUMER CREDIT DIVISION ACTIVITY
Notice of Intent to Issue Order to Cease and Desist and Notice of Intent to Impose Civil Penalty
On May 15, 2014, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (“Notice”) in the Matter of: American Equity Mortgage, Inc. (NMLS # 1899) (“Respondent”), St. Louis, Missouri. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent failed to timely file certain annual information required on the Nationwide Mortgage Licensing System and Registry, in violation of Section 36a-534b(c)(3) of the Connecticut General Statutes. Respondent was afforded an opportunity to request a hearing on the allegations set forth in the Notice.
On May 15, 2014, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (“Notice”) in the Matter of: Equity America Mortgage Services, Inc. (NMLS # 8780) (“Respondent”), Manchester, New Hampshire. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent failed to file certain annual information required on the Nationwide Mortgage Licensing System and Registry, in violation of Section 36a-534b(c)(3) of the Connecticut General Statutes. Respondent was afforded an opportunity to request a hearing on the allegations set forth in the Notice.
On May 15, 2014, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (“Notice”) in the Matter of: Landmark Mortgage LLC (NMLS # 104628) (“Respondent”), Danbury, Connecticut. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent failed to file certain annual information required on the Nationwide Mortgage Licensing System and Registry, in violation of Section 36a-534b(c)(3) of the Connecticut General Statutes. Respondent was afforded an opportunity to request a hearing on the allegations set forth in the Notice.
On May 15, 2014, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (“Notice”) in the Matter of: SBBNet, Inc. d/b/a LoanBright (NMLS # 1807) (“Respondent”), Evergreen, Colorado. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent failed to timely file certain annual information required on the Nationwide Mortgage Licensing System and Registry, in violation of Section 36a-534b(c)(3) of the Connecticut General Statutes. Respondent was afforded an opportunity to request a hearing on the allegations set forth in the Notice.
Dated: Tuesday, June 3, 2014