DOB: News Bulletin 1960 - September 14, 2001

The Department of Banking News Bulletin 

Bulletin # 1960
Week Ending September 14, 2001

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, Commissioner of Banking, 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
08/31/01 Savings Bank
  of Manchester
236 Spencer Street
Manchester, CT 06040
closing
date
08/31/01 Savings Bank
  of Manchester
241 Middle Turnpike West
Manchester, CT 06040
closing
date
08/31/01 First Federal Savings
   and Loan Association
   of East Hartford
23 Main Street
Manchester, CT 06040
closing
date
08/31/01 First Federal Savings
   and Loan Association
   of East Hartford
1007 Main Street
Manchester, CT 06040
closing
date
09/10/01 Savings Bank
   of Danbury
100 Route 37
New Fairfield, CT 06812
filed
09/13/01 Jewett City
   Savings Bank
FROM: 28 Main Street
          Jewett City, CT 06351
TO:     111 Main Street
          Jewett City, CT 06351
approved
to relocate
9/14/01 Cornerstone Bank *550 Summer Street
  Stamford, CT 06901
filed
* Mobile Branch

MAIN OFFICE RELOCATION

On September 11, 2001, pursuant to Section 36a-81 of the Connecticut General Statutes, Phoenix Charter Oak Trust Company received approval to relocate its main office from 38 Prospect Street, Hartford, Connecticut, to One American Row, Hartford, Connecticut. The effective date of this relocation is September 14, 2001.

CHECK CASHING SERVICE LICENSE ACTIVITY

On September 13, 2001, pursuant to Section 36a-581 of the Connecticut General Statutes, Qualtruistic Enterprises, Inc. received approval to operate a check cashing service general facility at 6 White Street Plaza, Danbury, Connecticut.

On September 13, 2001, pursuant to Section 36a-581 of the Connecticut General Statutes, SDM Check Cashing of CT II, LLC. received approval to operate check cashing service general facilities at 98-100 Farmington Avenue, Bristol, Connecticut and 17 High Ridge Road, Stamford, Connecticut.

On September 13, 2001, pursuant to Section 36a-581 of the Connecticut General Statutes, Check Stop of Connecticut LLC received approval to operate a check cashing service general facility at 200-202 West Main Street, Meriden, Connecticut.

ACQUISITION

On September 14, 2001, pursuant to Section 36a-184 of the Connecticut General Statutes, American Financial Holdings, Inc., a Delaware corporation, filed an acquisition statement for the acquisition of American Bank of Connecticut, a Connecticut bank. In connection with the acquisition statement, American Financial Holdings, Inc. filed a community reinvestment plan that is available for public inspection and comment at the Department of Banking for a period of 30 days.

Dated: Tuesday, September 18, 2001

John P. Burke
Banking Commissioner