DOB: News Bulletin 1841 - June 4, 1999

The Department of Banking News Bulletin 

 Bulletin # 1841
Week Ending June 4, 1999

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.


STATE BANK ACTIVITY
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
4/19/99 People's Bank
Bridgeport
*Enterprise Tower One
  One Corporate Drive
  Shelton, CT 06484
opening
date
6/04/99 Cargill Bank
Putnam
Route 44 - Stonewall Commons
Putnam, CT 06329
filed
6/04/99 Cargill Bank
Putnam
203 Main Street
Danielson, CT 06260
filed
9/01/99 Citizens Bank
  of Connecticut
New London
*225 Asylum Street
  17th Floor
  Hartford, CT 06103
closing
date
* Limited Branch

ACQUISITION

On June 3, 1999, pursuant to Section 36a-412(a)(1) of the Connecticut General Statutes, Hudson United Bank filed an application to acquire a significant part of the assets of Advest Bank and Trust Company.

SECTION 36a-425 APPLICATIONS

On May 28, 1999, in connection with the acquisition by Fleet Financial Group, Inc., a Rhode Island corporation, of 100% of the voting shares of BankBoston Corporation, Boston, Massachusetts, and the indirect acquisition of BancBoston Leasing, Inc., a Massachusetts corporation, and Colbank Properties Ltd., a Connecticut corporation, applications were filed by Fleet Financial Group, Inc., to establish offices of BancBoston Leasing, Inc., at 100 Mill Plain Road, Danbury, and One Landmark Square, Suite 2002, Stamford, Connecticut; and Colbank Properties Ltd., at 81 West Main Street, Waterbury, Connecticut, upon consummation of the acquisition.

Dated: Tuesday, June 8, 1999

John P. Burke
Banking Commissioner