Bulletin # 2758 - Week Ending December 30, 2016

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 Jorge L. Perez, Banking Commissioner, Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800.  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, address how the establishment of the branch will be consistent with safe and sound banking practices and promote the public convenience and advantage.  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.

STATE CREDIT UNION ACTIVITY

Merger

On December 28, 2016, the Commissioner approved the merger of Housatonic Teachers Federal Credit Union, a federal credit union, with and into Nutmeg State Financial Credit Union (“Nutmeg”), a Connecticut credit union, pursuant to Section 36a-468a of the Connecticut General Statutes.  In conjunction with the merger, Nutmeg’s field of membership will expand to include Shelton, Stratford, and Bridgeport.