Regulatory Alerts2018-10-05
Added · Updated
Bulletin 2850 - October 5, 2018
The Commissioner approved the acquisition of First Connecticut Bancorp, Inc. and its subsidiary Farmington Bank by People’s United Financial, Inc., to be completed via merger into People’s United Bank, N.A. under Connecticut General Statutes. Additionally, a Consent Order was entered with Plaza Services, LLC, requiring a $10,000 civil penalty and $400 back licensing fee for operating as an unlicensed consumer collection agency.
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