2026-01-30
Added · Updated
The Connecticut Department of Banking solicits public comments on applications from Jewett City Savings Bank to establish a full-service branch in Mansfield and from Nutmeg State Financial Credit Union to close a branch in Hamden and open a new one at the same location. Additionally, the Department reviews an application by United Business & Industry Federal Credit Union to convert from federal to state charter status. Written comments must be submitted to Banking Commissioner Jorge L. Perez within ten business days of the bulletin's issuance.
State of Connecticut Department of Banking
The Department of Banking News Bulletin
Bulletin # 3232 - Week Ending January 30, 2026
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
Branch Activity
On January 27, 2026, pursuant to Section 36a-145 of the Connecticut General Statutes, Jewett City Savings Bank , headquartered in Jewett City, Connecticut, submitted an application to establish a full-service branch at 106 Storrs Road, Mansfield, Connecticut. The anticipated opening date is December 1, 2026.
CREDIT UNION ACTIVITY
Branch Activity
On January 29, 2026, pursuant Section 36a-462a(2)(A), Nutmeg State Financial Credit Union submitted an application to close the full-service branch located at 105 Sanford Ave, Hamden, Connecticut. The anticipated date of the closure is May 1, 2026.
On January 29, 2026, pursuant Section 36a-462a, Nutmeg State Financial Credit Union submitted an application to establish a full-service branch located at 1647 Whitney Ave, Hamden, Connecticut. The proposed opening date is May 4, 2026.
Conversion
On January 30, 2025, United Business & Industry Federal Credit Union , a federal credit union headquartered in Plainville, Connecticut, filed an application pursuant to Section 36a-469b of the Connecticut General Statues to convert into a state credit union. The proposed target date for this conversion is June 30, 2026.
Dated: Tuesday, February 3, 2026
Jorge L. Perez Banking Commissioner