Section 361-145 of the Connecticut General Statutes requires certain applications for a branch, of 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.

DATE:  January 12, 2018
BANK:  Darien Rowayton Bank, Darien
LOCATION:  855 Main Street, Bridgeport, CT  06604
ACTIVITY-BRANCH TYPE:  Withdrew application for Limited Branch

DATE: January 18, 2018
BANK:  Salisbury Bank and Trust Company, Lakeville
LOCATION:  701 Route 9, Fishkill, NY
ACTIVITY-BRANCH TYPE:  Filed to Open - Full Service Branch

De Novo Limited Branch

On January 17, 2018, the Commissioner approved the application of SunTrust Bank, a Georgia-chartered commercial bank and wholly-owned subsidiary of SunTrust Banks, Inc., Atlanta, Georgia, to establish a de novo limited branch pursuant to Section 36a-412(a)(2) and 36a-145(c)(1) of the Connecticut General Statutes at Four Greenwich Office Park, Greenwich, Connecticut.

CONSUMER  CREDIT DIVISION ACTIVITY

Temporary Order to Cease and Desist, Order to Make Restitution, Notice of Intent to Issue Order to Cease and Desist and Notice of Intent to Impose Civil Penalty

On January 10, 2018, the Commissioner issued a Temporary Order to Cease and Desist, Order to Make Restitution (“Order to Make Restitution”), Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (collectively “Notice”) in the Matter of: Capital Home Advocacy Center (“CHAC”), Santa Anna, California, and Sergio L. Rodriguez (“Rodriguez”) (collectively, “Respondents”). The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that the Respondents engaged in debt negotiation in Connecticut without obtaining the required license, in violation of Section 36a-671(b) of the Connecticut General Statutes. As part of the Order to Make Restitution, Respondents were ordered to repay fees to an identified Connecticut debtor plus interest, and repay to any other Connecticut debtor who entered into an agreement for debt negotiation services with Respondent on or after October 1, 2009, any fees paid by such Connecticut debtor to Respondents plus interest. The Commissioner also found that public welfare required the issuance of a Temporary Order to Cease and Desist against Respondents. Respondents were afforded an opportunity to request a hearing with regard to the allegations set forth in the Notice.

Dated: Tuesday, January 23, 2018


Jorge L. Perez
Banking Commissioner