DOB: News Bulletin 1799 - August 14, 1998

The Department of Banking News Bulletin

Bulletin # 1799
Week Ending August 14, 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 john.burke@ct.gov. Written comments will be considered only if they are received within ten days from the date of this bulletin.


ACQUISITION AND MERGER

On August 13, 1998, pursuant to Section 36a-125 of the Connecticut General Statutes, approval was granted for the merger of Bank of South Windsor with and into New England Bank & Trust Company. The Commissioner also issued a notice of intent not to disapprove the acquisition by New England Community Bancorp, Inc. of 100% of the voting securities of Bank of South Windsor.

SECTION 36a-425 APPLICATION

On August 14, 1998, an application was filed by Republic Bancorp, Inc., a Michigan corporation, to establish an office of its subsidiary, Market Street Mortgage Corporation, a Michigan corporation, at 175 Capital Boulevard, Suite 103, Rocky Hill, Connecticut.

Dated: Tuesday, August 18, 1998

John P. Burke
Banking Commissioner