2023-12-15

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Bulletin 3121 - December 15, 2023

The Connecticut Department of Banking approved Bank of England, an Arkansas-chartered bank, to establish a loan production office at 707 Main Street in Branford, with an anticipated opening around January 2, 2024. The bulletin also outlines public comment procedures for branch applications under Section 36a-145, requiring written observations to be submitted to Banking Commissioner Jorge L. Perez within ten business days of the bulletin's date.

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Connecticut Department of Banking

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State of Connecticut Department of Banking

The Department of Banking News Bulletin

Bulletin # 3121 - Week Ending December 15, 2023

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 business days from the date of this bulletin.

BANK ACTIVITY

Section 36a-145 of the Connecticut General Statutes requires that certain applications for a branch or limited branch at which loans will be made address how the establishment of the branch will be consistent with safe and sound banking practices and promote the public convenience and advantage. Plans may be submitted when such applications are filed and any plans that are filed will be made available for public inspection and comment at the Department for a period of 30 days. Questions concerning branch activity should be directed to the Financial Institutions Division at (860) 240-8180.

Interstate Loan Production Office

On December 12, 2023, the Commissioner approved the application of Bank of England , an Arkansas-chartered bank, to establish a loan production office in Connecticut pursuant to Section 36a-412(d) of the Connecticut General Statutes. The office will be located at 707 Main Street, Branford, CT. The anticipated opening date is for around January 2, 2024.

Dated:  Tuesday, December 19, 2023

Jorge L. Perez Banking Commissioner