DOB: News Bulletin 1990 - April 12, 2002

The Department of Banking News Bulletin 

Bulletin # 1990
Week Ending April 12, 2002

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.


BRANCH ACTIVITY
State Bank 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
4/03/02 Liberty Bank
Middletown
160 Highland Avenue
Cheshire, CT 06419
opening
date
4/15/02 Chelsea Groton Savings Bank
Norwich
FROM:  42 Town Street
           Norwich, CT  06360
TO:      50 Town Street
           Norwich, CT  06360
relocation
effective
date

BRANCH ACTIVITY

In Department of Banking Bulletin # 1989, for the week ending April 5, 2002, a March 28, 2002 approval for the establishment of a branch of Ridgefield Bank at 90 Danbury Road, Ridgefield, was incorrectly listed. The initial approval for the establishment of the branch was issued on March 27, 2001, expired on March 27, 2002. Ridgefield Bank has notified the Department of Banking that this approved branch will not be established.

CHECK CASHING SERVICE LICENSE ACTIVITY

On April 11, 2002, pursuant to Section 36a-581 of the Connecticut General Statutes, Connecticut State Check Cashing Service, Inc. filed an application to operate a check cashing service general facility at 876 New Britain Avenue, Hartford, Connecticut.

CONVERSION

Windsor Locks Savings and Loan Association, Inc., Windsor Locks, converted from a Connecticut mutual savings and loan association to a federal mutual savings and loan association to be known as Windsor Locks Community Bank, FSL. The effective date of the conversion is March 29, 2002.

MONEY ORDER AND TRAVELERS CHECK LICENSE ACTIVITY

On April 9, 2002, pursuant to Section 36a-600 of the Connecticut General Statutes, as amended by Public Act 01-56, AAA Financial Corporation received approval to engage in the business of money transmission.

NAME CHANGE

On February 22, 2002, pursuant to Section 36a-82 of the Connecticut General Statutes, Bankers Trust Company Connecticut Ltd. was granted approval to change its name to Deutsche Bank Trust Company Connecticut Ltd. The effective date of the name change was April 15, 2002.

Dated: Tuesday, April 16, 2002

John P. Burke
Commissioner