DOB: News Bulletin 1859 - October 8, 1999

The Department of Banking News Bulletin 

Bulletin # 1859
Week Ending October 8, 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
10/07/99 Summitt Bank
Norwalk
283 Greenwich Avenue
Greenwich, CT 06831
approved

MONEY ORDER AND TRAVELERS CHECK LICENSE ACTIVITY

Pursuant to Section 36a-600 of the Connecticut General Statutes, on October 5, 1999, UNO Remittance, Inc. filed an application to engage in the business of receiving money for transmitting the same.

CHECK CASHING SERVICE LOCATION ACTIVITY

Pursuant to Section 36a-581 of the Connecticut General Statutes, on August 31, 1999, New York Cash Express, Inc. DBA ACE America's Cash Express applied to operate a check cashing service general facility at 2165 Boston Avenue, Bridgeport, Connecticut.

CREDIT UNION ACTIVITY

Pursuant to Section 36a-470 of the Connecticut General Statutes, on October 6, 1999, the Dairy Industry Credit Union, Inc., North Haven, submitted a proposition for merger to merge with and into Connecticut Federal Credit Union, North Haven.

ACQUISITION

On October 8, 1999, pursuant to Section 36a-184 of the Connecticut General Statutes, an acquisition statement was filed by Angelo DeCaro to acquire up to 24.9% of the common stock of Patriot National Bank, a national banking association, or of Patriot National Bancorp, Inc., its proposed holding company.

Dated: Wednesday, October 13,  1999

John P. Burke
Banking Commissioner