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 ActivityDATE: 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
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
Banking Commissioner