Bulletin # 3063 - Week Ending November 4, 2022

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.

BANK ACTIVITY

Section 36a-145 of the Connecticut General Statutes requires that 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 may be submitted when such applications are filed and any plans that are filed will be made 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 at (860) 240-8180.

Branch Activity

DATE: November 3, 2022
BANK: Bankwell Bank, New Canaan
LOCATION: FROM: 612 Bedford Street, Stamford, CT 06901
TO: 300 Atlantic Street, Stamford, CT 06901
ACTIVITY-BRANCH TYPE: Filed Notice of Branch Relocation
PROPOSED RELOCATION DATE: January 2023

DATE: November 4, 2022
BANK: Ion Bank, Naugatuck
LOCATION: 376 North Main Street, Southington, CT 06489
ACTIVITY-BRANCH TYPE: Approved to Establish Full Service Branch 
ANTICIPATED OPENING DATE: 4th Quarter 2023

CONSUMER CREDIT ACTIVITY

Consent Order

On October 24, 2022, the Commissioner entered into a Consent Order with IMPERIAL MULTISOLUTIONS d/b/a IMPERIAL ENVIOS 03/21/2022 (NMLS # 2339198) (“IMPERIAL”), Norwalk, Connecticut. The Consent Order was based on an investigation by the Consumer Credit Division. As a result of such investigation, the Commissioner alleged that IMPERIAL, in or about April 2022, engaged in the business of cashing checks, drafts or money orders for consideration in Connecticut without licensure at its primary business address, in violation of Section 36a-581(a) of the Connecticut General Statutes. As part of the Consent Order, IMPERIAL paid $1,000 as a civil penalty.