DOB: News Bulletin 1770 - January 23, 1998

The Department of Banking News Bulletin

 Bulletin # 1770
Week Ending January 23, 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
1/28/98 Ridgefield Bank
Ridgefield, CT
190 Old Ridgefield Road
Wilton, CT 06897
opening date


On January 21, 1998, William R. Berkley, in connection with an acquisition statement filed on December 8, 1997, pursuant to Section 36a-184 of the Connecticut General Statutes, filed a community reinvestment plan which is available for public inspection and comment.


On January 22, 1998, approval was granted to 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.


Pursuant to the provisions of Section 36a-600 of the Connecticut General Statutes, on January 23, 1998, Trans-Fast Remittance, Inc., filed an application to engage in the business of receiving money for transmitting the same.

The submission by The Pay-O-Matic Corp. shown on Bulletin #1769 for the week ending January 16, 1998 should not have been listed. The submission did not constitute a formal application.

Dated: Tuesday, January 27, 1998

John P. Burke
Banking Commissioner