Regulatory Alerts2014-04-11
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Bulletin 2616 - April 11, 2014
The Connecticut Department of Banking solicits public comments on Fairfield County Bank's proposed closing of a branch in Ridgefield, with written submissions due within ten days of the bulletin's publication. The department also finalized a Consent Order with Asset Managing Group, Inc., requiring the entity to cease unlicensed debt negotiation activities and pay a $1,000 civil penalty. Additionally, a Notice of Intent to Issue an Order to Cease and Desist was issued against Approved Credit Solutions LLC for operating as an unlicensed consumer collection agency, granting the respondent an opportunity for a hearing.
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