2002-11-22
Added · Updated
The Connecticut Department of Banking issued a Final Certificate of Authority to Connecticut River Community Bank, allowing it to open for business on November 18, 2002. The Commissioner also approved the acquisition by the Gordon Gund and G. Zachary Gund Trusts of between 10 and 25 percent of the voting securities of Connecticut River Community Bank. Additionally, Ace Cash Express, Inc. received approval to operate check cashing service general facilities in Hartford and New Britain, Connecticut, effective November 19, 2002.
State of Connecticut Department of Banking
The Department of Banking News Bulletin
Bulletin # 2022 Week Ending November 22, 2002
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 John P. Burke, Commissioner of Banking, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail to john.burke@ct.gov . Written comments will be considered only if they are received within ten days from the date of this bulletin.
NEW BANK ACTIVITY
On November 18, 2002, pursuant to Section 36a-70 of the Connecticut General Statutes, as amended by Public Acts 02-47, 02-89 and 02-21, a Final Certificate of Authority was issued to Connecticut River Community Bank , 1142 Silas Deane Highway, Wethersfield, Connecticut. The bank opened for business on November 18, 2002.
ACQUISITION
On November 18, 2002, pursuant to Section 36a-185 of the Connecticut General Statutes, the Commissioner issued a notice of intent not to disapprove the acquisition by Gordon Gund - Grant Gund Trust and Gordon Gund - G. Zachary Gund Trust of more than 10 percent but less than 25 percent of the voting securities of Connecticut River Community Bank .
CHECK CASHING SERVICE LICENSE ACTIVITY
On November 19, 2002, pursuant to Section 36a-581 of the Connecticut General Statutes, Ace Cash Express, Inc. received approval to operate check cashing service general facilities at the following locations: 593 Farmington Avenue, Hartford, and 90 E. Main Street, New Britain, both in Connecticut.
Dated: Tuesday, November 26, 2002 John P. Burke Commissioner