News Bulletin 2278 - October 19, 2007

State of Connecticut
Department of Banking

The Department of Banking News Bulletin

Bulletin # 2278
Week Ending October 19, 2007

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 Howard F. Pitkin, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail . Written comments will be considered only if they are received within ten days from the date of this bulletin.

BRANCH ACTIVITY
State Bank Activity

Section 36a-145 of the Connecticut General Statutes, as amended by Public Act 07-14, requires that each application for a branch, or for a limited branch at which loans will be made, be accompanied by a plan detailing how adequate services to meet the banking needs of all community residents will be provided. Plans are submitted when such applications are filed and are available for public inspection and comment at this Department for a period of 30 days. Questions concerning branch activity should be directed to the Financial Institutions Division, (860) 240-8180.

Date

Bank

Location

Activity

10/09/2007

Farmington Savings

Bank, Farmington

FROM: Westfarms Mall

Store 227, UL, Bldg F

West Hartford, CT 06107

TO: Westfarms Mall
Store 103, LL, Bldg B

• Farmington, CT 06032

filed to

relocate

10/15/2007

Connecticut Bank and Trust

Company, Hartford

396A Cromwell Avenue

Rocky Hill, CT 06067

opening

date

*Previously listed as West Hartford

CONSUMER CREDIT DIVISION ACTIVITY Check Cashing Service License Activity

Date

Check Casher

Location

Activity

10/03/2007

Palacio Musical Agency, LLC

53 Liberty Street

Danbury, CT 06810

filed

10/16/2007

Goldrish Pawn & Check Cashing

1812 Barnum Avenue

Bridgeport, CT 06610

filed

SECURITIES AND BUSINESS INVESTMENTS DIVISION ACTIVITY

Former Broker-dealer Agent Fined $1,000 for Unregistered Agent Activity

On October 17, 2007, the Banking Commissioner entered a Consent Order with respect to Brian M. Thornton , a former registered broker-dealer agent of Great Eastern Securities, Inc. (CRD number 2061). The Consent Order alleged that from April 27, 2006 through May 3, 2006, Brian Thornton violated Section 36b-6(a) of the Connecticut Uniform Securities Act by transacting business as an agent of Great Eastern Securities, Inc. while not registered as an agent of the firm in Connecticut. Brian Thornton had represented to the Securities and Business Investments Division that he had requested to be registered in Connecticut and was informed by the firm’s compliance department that he was so registered. The Consent Order directed Brian M. Thornton to cease and desist from regulatory violations and fined him $1,000.

Dated: Tuesday, October 23, 2007

Howard F. Pitkin

Banking Commissioner