Bulletin 3250 - June 5, 2026

The hearing regarding One Forty Holdings, Inc.'s application to organize One Forty Bank as a Connecticut innovation bank is postponed from June 11, 2026, to June 26, 2026. Additionally, the Banking Commissioner approved the conversion of United Business & Industry Federal Credit Union into a state credit union operating as UBI Financial Credit Union, with a target completion date of June 30, 2026.

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State of Connecticut
Department of Banking

The Department of Banking News Bulletin

Bulletin # 3250 - Week Ending June 5, 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.

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Source: Connecticut Department of Banking — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works