DOB: News Bulletin 1767 - January 2, 1998

The Department of Banking News Bulletin 

Bulletin # 1767
Week Ending January 2, 1998

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

Branch Activity

Section 36a-145 of the Connecticut General Statutes requires that each application for a branch, or for a limited branch at which money will be lent, 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 Bank Examination Division, (860) 240-8180 . Note: dates are listed in month/day/year format.

Date Bank Location Activity
12/29/97 Savings Institute
Willimantic, CT
FROM: 8 Canterbury Road
         Canterbury, CT 06331
TO:    180 Westminster Road
         Canterbury, CT 06331
Branch Sale
Pursuant to the provisions of Section 36a-145(h) of the Connecticut General Statutes, on December 29, 1997, approval was granted to Chelsea Groton Savings Bank to sell its Canterbury branch, 180 Canterbury Road, Unit 1, Canterbury, CT to the Savings Institute.


Pursuant to Section 36a-581 of the Connecticut General Statutes, on January 2, 1998, National Currency Exchange, Inc., d/b/a Cash-a-Check, was granted approval to operate a check cashing service general facility at 1219 East Main Street, Bridgeport, Connecticut 06608.


On December 29, 1997, an application was filed by Old Kent Financial Corporation, a Michigan corporation, to establish an office of its subsidiary, Old Kent Mortgage Company, a Michigan corporation, at 195 Farmington Avenue, Farmington, Connecticut.

Dated: Tuesday, January 6, 1998

John P. Burke
Banking Commissioner