The Department of Banking News Bulletin 

Bulletin # 2958 - Week Ending October 30, 2020


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.



Branch Activity

Section 36a-145 of the Connecticut General Statutes requires certain applications for a branch or 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 the Department for a period of 30 days. Questions concerning branch activity should be directed to the Financial Institutions Division, (860) 240-8180.

DATE:  October 30, 2020
BANK:  Liberty Bank, Middletown
LOCATION:  100 Pearl Street, Third Floor, Hartford, CT  06103
ACTIVITY-BRANCH TYPE: Approved to Establish Loan Production Office

DATE:  October 30, 2020
BANK:  Liberty Bank, Middletown
LOCATION:  59 Elm Street, Suite 510, New Haven, CT  06511
ACTIVITY-BRANCH TYPE: Approved to Establish Loan Production Office


New Bank Activity 

On October 30, 2020, Banking Circle US Holding, Inc. filed an application to organize Banking Circle US, with a main office to be located in Stamford, Connecticut, as an uninsured bank pursuant to Section 36a-70 of the Connecticut General Statutes. Banking Circle US’ spokesperson is Attorney Gilbert Schwartz, who can be reached by email to or by phone at (202) 776-0700. The public portion of the application is available for inspection at the Department of Banking. 


      Dated: Tuesday, November 3, 2020

      Jorge L. Perez
      Banking Commissioner