The Department of Banking News Bulletin
Bulletin # 3150 - Week Ending July 5, 2024
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
Branch Activity
On July 1, 2024, Fairfield County Bank, Ridgefield filed an application to convert its branch located at 10 Governors Street, Ridgefield, CT, from a limited branch to a full-service branch. Questions or comments regarding this notification can be sent to the Financial Institutions Division at 860 240-8180.
OTHER FINANCIAL INSTITUTION ACTIVITY
Annual License Renewals, Effective July 1, 2024 to June 30, 2025
| Company | Type of License | Brief Description of License |
| WorldBusiness Capital, Inc. One State Street, Suite 2110 Hartford, CT 06103 |
Licensed as an international trade and investment corporation (an “ITIC”) pursuant to C.G.S. Section 36a-636e | An ITIC is a participating lender under financing guarantee programs of the Export-Import Bank, OPIC, and/or the USDA |
| Access Financial Group, Inc. 118 N. Clinton Street, Suite 450 Chicago, IL 60661 |
Licensed to act as fiduciary pursuant to C.G.S. Section 36a-380 and as authorized by C.G.S. Section 42-202 |
Access is licensed as a fiduciary to act as an escrow agent to hold money under pre-need funeral service contracts |
| Forethought Life Insurance Company 10 West Market Street, Suite 2300 Indianapolis, IN 46204 |
Licensed to act as fiduciary pursuant to C.G.S. Section 36a-380 and as authorized by C.G.S. Section 42-202 |
Forethought is licensed as a fiduciary to act as a provider of insurance for funeral service expenses |
| Planned Lifetime Assistance Network of Connecticut, Inc. (“PLAN”) 912 Silas Deane Highway Wethersfield, CT 06109 |
Licensed to act as fiduciary pursuant to C.G.S. Section 36a-380 and as authorized by C.G.S. Section 36a-386 |
PLAN manages special needs trusts established by families for the benefit of disabled family members |
| MUFG Bank, Ltd. 83 Wooster Heights Road Danbury, CT 06810 |
Licensed as a representative office pursuant to C.G.S. Section 36a-428g |
MUFG is licensed as representative office to provide investment banking services on behalf of a foreign bank |
| NatWest Markets plc 600 Washington Boulevard Stamford, CT 06901 |
Licensed as a representative office pursuant to C.G.S. Section 36a-428g |
NatWest is licensed as representative office to provide investment banking services on behalf of a foreign bank |
Dated: Tuesday, July 9, 2024
Jorge L. Perez
Banking Commissioner