Bulletin 2537 - October 5, 2012

State of Connecticut Department of Banking

The Department of Banking News Bulletin Bulletin # 2537

Week Ending October 5, 2012

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 Howard F. Pitkin, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail . Written comments will be considered only if they are received within ten days from the date of this bulletin.

STATE BANK ACTIVITY

Branch Activity

Section 36a-145 of the Connecticut General Statutes requires certain applications for a branch, or for a limited branch at which loans will be made, be accompanied by a plan detailing how adequate services to meet the banking needs of all community residents will be provided.  Plans are submitted when such applications are filed and are available for public inspection and comment at this Department for a period of 30 days.  Questions concerning branch activity should be directed to the Financial Institutions Division, (860) 240-8180.

Date

Bank

Location

Activity

10/03/12

Northwest Community Bank

Winsted

FROM:  249 Winsted Road

Plaza Park North

Torrington, CT  06790

TO:      420 Winsted Road

Torrington, CT 06790

Filed to

Relocate

10/04/12

Essex Savings Bank

Essex

203 Middlesex Avenue

Chester, CT  06412

Filed

CONSUMER CREDIT DIVISION ACTIVITY Order to Cease and Desist and Order Imposing Civil Penalty

On September 12, 2012, the Commissioner issued an Order to Cease and Desist and Order Imposing Civil Penalty against Attorney Processing Solutions, LLC (“Attorney Processing Solutions”) In the Matter of: The Mortgage Law Group, LLP a/k/a The Law Firm of Macey, Aleman & Searns (“Mortgage Law Group”) and Attorney Processing Solutions, LLC .  The basis of the Order was that Attorney Processing Solutions engaged in debt negotiation in this state without obtaining the required license, in violation of Section 36a-671(b) of the Connecticut General Statutes, in effect prior to October 1, 2011.  Attorney Processing Solutions was ordered to cease and desist from violating Section 36a 671(b) of the Connecticut General Statutes, in effect prior to October 1, 2011, and to pay a civil penalty in the amount of $100,000.  Mortgage Law Group requested a hearing on the allegation against it.

Dated:  Wednesday, October 10, 2012

Howard F. Pitkin

Banking Commissioner