State of Connecticut Department of Banking

The Department of Banking News Bulletin 

Bulletin # 2862 - Week Ending December 28, 2018

 

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 business days from the date of this bulletin.

 

OUT-OF-STATE BANK ACTIVITY

Branch Activity

 
DATE:  December 20, 2018
BANK: State Street Bank and Trust Company, Boston, MA
LOCATION:  600 Summer Street, Stamford, CT  06905
ACTIVITY-BRANCH TYPE:  Notice of Planned Closing of Limited Branch

 

CREDIT UNION ACTIVITY
Branch Activity
 
DATE:  December 24, 2018
CREDIT UNION:  American Eagle Financial Credit Union, East Hartford
LOCATION:  427 West Avon Road, Avon, CT  06001
ACTIVITY:  Filed to Open Branch




CONSUMER CREDIT DIVISION ACTIVITY

Consent Order
 
On December 17, 2018, the Commissioner entered into a Consent Order with Tech Friends, Inc. d/b/a JailATM (“TFI”), Jonesboro, Arkansas. The Consent Order was based on an investigation by the Consumer Credit Division. As a result of such investigation, the Commissioner alleged that TFI engaged in the business of money transmission in this state without a license, in violation of Section 36a-597(a) of the Connecticut General Statutes. As part of the Consent Order, TFI paid $5,000 as a civil penalty.

 

 

      Dated: Wednesday, January 2, 2019

 

      Jorge L. Perez
      Banking Commissioner