2025-03-21
Added · Updated
The Bank of New York Mellon and Liberty Bank filed notices to close limited branches in Greenwich and Hartford, respectively, with proposed closing dates of June 30, 2025, and June 17, 2025. RB Tax Investments, LLC entered into a Consent Order to settle allegations of operating as an unlicensed consumer collection agency since August 2021. As part of the settlement, RB Tax paid a $10,000 civil penalty and $1,200 in back licensing fees. Written comments regarding these applications must be submitted to Banking Commissioner Jorge L. Perez within ten business days of the bulletin's date.
State of Connecticut Department of Banking
The Department of Banking News Bulletin
Bulletin # 3187 - Week Ending March 21, 2025
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 directed to Jorge L. Perez, Banking Commissioner. Written comments will be considered only if they are received within ten business days from the date of this bulletin.
BANK ACTIVITY
On March 21, 2025, The Bank of New York Mellon , a New York-chartered bank, filed notice pursuant to Connecticut General Statutes Sections 36a-412 and 36a-145(f) of the closing of its limited branch located at 10 Mason Street, Greenwich, CT. The proposed closing date is June 30, 2025. Any comments received by the Commissioner will be forwarded to their State Regulator.
On March 18, 2025, Liberty Bank (Middletown, CT), filed notice pursuant to Connecticut General Statutes Section 36a-145(f) of the closing of its limited branch located at 2074 Park Street, Hartford, CT. The proposed closing date is June 17, 2025.
CONSUMER CREDIT DIVISION ACTIVITY
RB Tax Investments, LLC
On March 17, 2025, the Commissioner entered into a (“Consent Order”) with RB Tax Investments, LLC (NMLS # 2404100), (“RB Tax”), Mount Pleasant, South Carolina. The Consent Order was based on an investigation by the Consumer Credit Division. As a result of such investigation, the Commissioner alleged that RB Tax acted as a consumer collection agency in this state without the required license since at least August 2021, in violation of Section 36a-801(a) of the Connecticut General Statutes, in effect at such time. As part of the Consent Order, RB Tax paid $10,000 as a civil penalty and $1,200 as back licensing fees.
Dated: Tuesday, March 25, 2025
Jorge L. Perez Banking Commissioner