RegAlertEnforcement · CTDOB · 15 Sep 2017
Bulletin 2795 - September 15, 2017
Sikorsky Financial Credit Union filed to open a full-service branch at 945 White Plains Road in Trumbull, Connecticut. The Commissioner entered into a Consent Order with Simon’s Agency, Inc., requiring a $5,000 civil penalty for acting as an unlicensed consumer collection agency. Additionally, a Notice of Intent to Issue an Order to Cease and Desist and impose a civil penalty was issued against Siwell, Inc. d/b/a Capital Mortgage Services of Texas for failing to designate a qualified individual in violation of a prior order.
State of Connecticut
Department of Banking
The Department of Banking News Bulletin
Bulletin # 2795 -
Week Ending September 15 2017
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.
CREDIT UNION ACTIVITY
Branch Activity
DATE:
September 13, 2017
CREDIT UNION:
Sikorsky Financial Credit Union
LOCATION:
945 White Plains Road, Trumbull, CT 06611
ACTIVITY-BRANCH TYPE:
Filed to Open - Full Service Branch
CONSUMER CREDIT DIVISION ACTIVITY
Consent Order
On September 5, 2017, the Commissioner entered into a Consent Order with Simon’s Agency, Inc. (NMLS # 1584752) (“Simon’s Agency”), Liverpool, New York. The Consent Order was based on an investigation by the Consumer Credit Division. As a result of such investigation, the Commissioner alleged that Simon’s Agency acted within this state as a consumer collection agency without the requisite consumer collection agency license, in violation of Section 36a-801(a) of the Connecticut General Statutes. As part of the Consent Order, Simon’s Agency paid $5,000 as a civil penalty.
Notice of Intent to Issue Order to Cease and Desist and Notice of Intent to Impose Civil Penalty
On September 7, 2017, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (“Notice”) in the Matter of:
Siwell, Inc. d/b/a Capital Mortgage Services of Texas (NMLS # 149169 ) (“Respondent”), Lubbock, Texas. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent’s failure to designate a qualified individual constitutes a violation of a prior order of the Commissioner. Respondent was afforded an opportunity to request a hearing on the allegation set forth in the Notice.
Dated:Tuesday, September 19, 2017
Jorge L. Perez
Banking Commissioner
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