DOB: News Bulletin 1970 - November 23, 2001

The Department of Banking News Bulletin

Bulletin # 1970
Week Ending November 23, 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
11/19/01 Cornerstone Bank
Stamford
1071 Post Road East
Westport, CT 06880
opening date

FDIC/OTS SUMMARY OF DEPOSIT AND BRANCH DATA FOR 2001

The June 30, 2001 Summary of Deposits and Branch Data files are now available. The files contain deposit data for more than 85,000 branches/offices of FDIC-insured institutions. The Federal Deposit Insurance Corporation (FDIC) collects deposit balances for commercial and savings banks as of June 30 of each year, and the Office of Thrift Supervision (OTS) collects the same data for savings institutions. Data are collected annually. Users can access data by: (1) single institution, (2) institutions within a geographic area, or (3) aggregated within a geographic area. The web site is http://www2.fdic.gov/sod/.

CHECK CASHING SERVICE LICENSE ACTIVITY

On November 19, 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 212 Main Street, Norwich, Connecticut.

MONEY ORDER AND TRAVELERS CHECK LICENSE ACTIVITY

On November 23, 2001, pursuant to Section 36a-600 as amended by Public Act 01-56 of the Connecticut General Statutes, U.S. Money Express Co. applied for approval to engage in the business of money transmission.

CONVERSION

On November 19, 2001, the application filed on October 24, 2001, pursuant to Section 36a-135 of the Connecticut General Statutes, by Eastern Savings and Loan Association, Norwich, Connecticut, to convert from a Connecticut-chartered mutual savings and loan association to a federally-chartered mutual savings bank, was amended to change the name of the converted bank from "EasternBank" to "Eastern Federal Bank".   

Dated: Tuesday, November 27, 2001

John P. Burke
Banking Commissioner