Bulletin 3150 - July 5, 2024

State of Connecticut Department of Banking

The Department of Banking News Bulletin

Bulletin # 3150 - Week Ending July 5, 2024

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

Branch Activity

On July 1, 2024, Fairfield County Bank , Ridgefield filed an application to convert its branch located at 10 Governors Street, Ridgefield, CT, from a limited branch to a full-service branch. Questions or comments regarding this notification can be sent to the Financial Institutions Division at 860 240-8180.

OTHER FINANCIAL INSTITUTION ACTIVITY

Annual License Renewals, Effective July 1, 2024 to June 30, 2025

Company

Type of License

Brief Description of License

WorldBusiness Capital, Inc. One State Street, Suite 2110 Hartford, CT 06103

Licensed as an international trade and investment corporation (an “ITIC”) pursuant to C.G.S. Section 36a-636e

An ITIC is a participating lender under financing guarantee programs of the Export-Import Bank, OPIC, and/or the USDA

Access Financial Group, Inc. 118 N. Clinton Street, Suite 450 Chicago, IL 60661

Licensed to act as fiduciary pursuant to C.G.S. Section 36a-380 and as authorized by C.G.S. Section 42-202

Access is licensed as a fiduciary to act as an escrow agent to hold money under pre-need funeral service contracts

Forethought Life Insurance Company 10 West Market Street, Suite 2300 Indianapolis, IN 46204

Licensed to act as fiduciary pursuant to C.G.S. Section 36a-380 and as authorized by C.G.S. Section 42-202

Forethought is licensed as a fiduciary to act as a provider of insurance for funeral service expenses

Planned Lifetime Assistance Network of Connecticut, Inc. (“PLAN”) 912 Silas Deane Highway Wethersfield, CT 06109

Licensed to act as fiduciary pursuant to C.G.S. Section 36a-380 and as authorized by C.G.S. Section 36a-386

PLAN manages special needs trusts established by families for the benefit of disabled family members

MUFG Bank, Ltd. 83 Wooster Heights Road Danbury, CT 06810

Licensed as a representative office pursuant to C.G.S. Section 36a-428g

MUFG is licensed as representative office to provide investment banking services on behalf of a foreign bank

NatWest Markets plc 600 Washington Boulevard Stamford, CT 06901

Licensed as a representative office pursuant to C.G.S. Section 36a-428g

NatWest is licensed as representative office to provide investment banking services on behalf of a foreign bank

Dated:  Tuesday, July 9, 2024

Jorge L. Perez Banking Commissioner