DOB: News Bulletin 1863 - November 5, 1999

The Department of Banking News Bulletin 

Bulletin # 1863
Week Ending November 5, 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
11/3/99 The Milford Bank
Milford
* 9 Depot Street
Milford, CT 06460
filed
* Limited Branch

ACQUISITION

On November 1, 1999, pursuant to Section 36a-185 of the Connecticut General Statutes, the Banking Commissioner issued a Notice of Intent Not to Disapprove the acquisition by Angelo DeCaro of up to 24.9% of the stock of Patriot National Bank and Patriot National Bancorp, Inc., its proposed holding company.

SECTION 36a-425 APPROVAL

On November 4, 1999, approval was granted to GreenPoint Financial Corp., a Delaware corporation, to establish an office of its subsidiary, GreenPoint Mortgage Funding, Inc., a New York corporation, at 200 First Stamford Place, Stamford, Connecticut.

Dated: Tuesday, November 9, 1999

John P. Burke
Banking Commissioner