DOB: News Bulletin 2015 - October 4, 2002

The Department of Banking News Bulletin

Bulletin # 2015
Week Ending October 4, 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 Written comments will be considered only if they are received within ten days from the date of this bulletin.

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
09/23/02 People's Bank
188-210 Main Street
Post Office Square
Farmington, CT 06032
opening date


On October 2, 2002, pursuant to Section 10 of Public Act 01-183, as amended by Public Acts 02-39 and 02-47, Circle Trust Company, Stamford, Connecticut, filed an application to convert from a Connecticut bank organized to function solely in a fiduciary capacity to an uninsured bank, which included a plan of conversion and the proposed certificate of incorporation.


On September 25, 2002, pursuant to Section 36a-581 of the Connecticut General Statutes, James H. Summerville, III filed an application to operate a check cashing service general facility at 341 West Main Street, Stamford, Connecticut.

Subsidiary Office Activity

Date Credit Union Location Activity
Members Credit Union, Inc.
56 West Broad Street
Stamford, CT 06902

Dated: Tuesday, October 8, 2002

John P. Burke