DOB: News Bulletin 1810 - October 30, 1998

The Department of Banking News Bulletin

Bulletin # 1810
Week Ending October 30, 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 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 Bank Examination Division, (860) 240-8180.
Note: dates are listed in month/day/year format.

Date Bank Location Activity
10/27/98 Tolland Bank
FROM: 97-103 Main Street
          Hebron, CT 06248
TO:     31 Main Street
          Hebron, CT 06248
to relocate
11/23/98 The Guilford Savings Bank
50 Boston Street
Guilford, CT 06437


Effective October 17, 1998, Branford Savings Bank changed its name to Superior Savings of New England. It was erroneously reported that the effective date was October 19, 1998.


On October 26, 1998, 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 24 Old Kings Highway South, Darien, Connecticut.


Pursuant to the provisions of Section 36a-250(a)(7) of the Connecticut General Statutes, as amended by Public Acts 97-317 and 98-178, on October 27, 1998, New England Bank & Trust Company filed an application to exercise trust powers.

Dated: Tuesday, November 3, 1998

John P. Burke
Banking Commissioner