Regulatory Alerts2013-07-05
Added · Updated
Bulletin 2576 - July 5, 2013
The Bank of Fairfield and The Bank of New Canaan amended their merger application to designate the surviving entity as Bankwell Bank. Dutch Point Credit Union, Inc. received approval to merge with Capitol Regional Federal Credit Union, effective October 26, 2013. Sageworks Capital Inc. executed a stipulated agreement conditioning its broker-dealer registration on restricting activities to accredited investors for two years due to principal experience deficiencies. The Commissioner issued notices of intent to issue cease and desist orders and civil penalties against Infinity Home Mortgage Company, Mortgage World Bankers, Silver Fin Capital Group, and USA Mortgage Network for failing to file required information on the Nationwide Mortgage Licensing System and Registry.