Regulatory Alerts2010-05-14
Added · Updated
News Bulletin 2412 - May 14, 2010
The Connecticut Department of Banking solicits written public comments on a community reinvestment plan filed by GAP V Bankvest, LLC and related entities in connection with their proposed acquisition of approximately 24.9% of Alcar LLC and indirect voting securities in Darien Rowayton Bank. Comments must be submitted in writing to Banking Commissioner Howard F. Pitkin within ten days of the bulletin's date. The plan is available for public inspection at the Department for a period of 30 days.
State of Connecticut Department of Banking
The Department of Banking News Bulletin Bulletin # 2412 Week Ending May 14, 2010
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.
STATE BANK ACTIVITY
Branch Activity
Section 36a-145 of the Connecticut General Statutes requires certain applications 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
5/06/10
Union Savings Bank
Danbury
FROM: 164 Danbury Road
New Milford, CT 06776
TO: 169 Danbury Road
New Milford, CT 06776
filed to
relocate
Community Reinvestment Plan
On May 14, 2010, GAP V Bankvest, LLC , Greenfield Acquisition Company V, LLC , Greenfield Acquisition Partners V, L.P. , GAP V Management, LLC , Greenfield Partners, LLC , and Eugene A. Gorab filed a community reinvestment plan in connection with their filing on April 28, 2010, pursuant to Section 36a-184 of the Connecticut General Statutes, of an acquisition statement to acquire approximately 24.9% of the voting securities of Alcar LLC , and indirectly approximately 11 percent of the voting securities of Darien Rowayton Bank , a Connecticut Bank. The community reinvestment plan is available for public inspection and comment at the Department of Banking for a period of 30 days.
Dated: Tuesday, May 18, 2010
Howard F. Pitkin
Banking Commissioner