Regulatory Alerts2015-08-21
Added · Updated
Bulletin 2687 - August 21, 2015
The Connecticut Department of Banking solicits written public comments regarding applications filed by Farmington Bank and Newtown Savings Bank to establish loan production offices in Farmington and Trumbull, respectively. Additionally, the Department reviews an application by The First Bank of Greenwich to organize First Greenwich Financial, Inc. as a bank holding company that will acquire all outstanding shares of the bank. Written comments must be submitted to Banking Commissioner Jorge L. Perez within ten days of the bulletin's date.
State of Connecticut Department of Banking
The Department of Banking News Bulletin
Bulletin # 2687 - Week Ending August 21, 2015
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 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
08/17/15
Farmington Bank
Farmington
28 School Street, Suite C
Branford, CT 06405
Filed *
8/11/15
Newtown Savings Bank Newtown
126 Monroe Turnpike Trumbull, CT 06611
Filed *
*Loan Production Office
Organization of Holding Company
On August 19, 2015, pursuant to Section 36a-181 of the Connecticut General Statutes, The First Bank of Greenwich , a capital stock Connecticut bank with its main office in Cos Cob, Connecticut, filed an application for approval to organize a bank holding company, First Greenwich Financial, Inc. Pursuant to an Agreement and Plan of Reorganization filed with the application, First Greenwich Financial, Inc. , will acquire all the issued and outstanding shares of The First Bank of Greenwich .
Dated: Tuesday, August 25, 2015
Jorge L. Perez Banking Commissioner