Regulatory Alerts2025-05-02
Added · Updated
Bulletin 3193 - May 2, 2025
The Department of Banking solicits public comments on applications by Essex Savings Bank to change its name to Essex Bank, Fieldpoint Private Bank & Trust to close an Atlanta branch by September 30, 2025, and New Haven Firefighters Credit Union to relocate its main office by June 1, 2025. The Commissioner entered a Consent Order with Fair Collections & Outsourcing entities, requiring a $10,000 civil penalty and $2,000 in back licensing fees for unlicensed operations and fund commingling. Additionally, a Stop Order denying the effectiveness of Anchored Tiny Homes Franchising LLC's business opportunity registration renewal was issued effective May 1, 2025, following a permanent Cease and Desist order.
Topics
Share