DOB: News Bulletin 2222 - September 22, 2006

The Department of Banking News Bulletin 

Bulletin # 2222
Week Ending September 22, 2006

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.



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 Financial Institutions Division, (860) 240-8180.

Date Bank Location Activity
 9/01/06
The Apple Valley Bank & Trust
  Company, Cheshire
670 North Colony Road
Wallingford, CT  06492
approved
 9/12/06
Dime Bank
Norwich
351 North Frontage Road
New London, CT  06320
approved
10/05/06
Bank of Ireland
Stamford
FROM:  75 Holly Hill Lane
           Greenwich, CT  06830
TO:      300 First Stamford Place
           Stamford, CT  06902
relocation
effective
date


SECURITIES FORUM 2006
 
The Securities and Business Investments Division, in conjunction with the Securities Advisory Council to the Department, is sponsoring its eighteenth annual Securities Forum conference on Thursday, October 26, 2006 at the Crowne Plaza Hotel and Conference Center in Cromwell, Connecticut.  A timely and outstanding agenda of panel presentations, featuring expert speakers, will help financial industry professionals keep abreast of current and evolving regulatory developments.  This year’s keynote speaker is Zachary J. Bagdon, Executive Director of the International Center for Finance at the Yale School of Management.  The conference includes a luncheon and course materials.  For further program and registration information, visit the department's Web site or call the agency at (860) 240-8176
 
 
STATE HOLIDAYS 2007

According to the Department of Banking’s Policy Concerning Holiday Openings and Closings, Connecticut banks and credit unions are not obligated to close on legal holidays (as set forth in Section 1-4 of the Connecticut General Statutes) but may, at their option, close or remain open for business on a full or partial basis on any day designated as a legal holiday.  Connecticut banks and credit unions are required to give at least two weeks’ advance notice to their customers of holiday openings and closings by posting such notice in the lobby of each office.
 
Please contact your financial institution directly to determine whether or not it will open for business on a state holiday.  Legal holidays to be observed by the State of Connecticut in the year 2007 are:
 
Legal Holiday  
 Day Observed 
 Legal Holiday 
 Day Observed
New Year’s Day 
Mon., Jan. 1, 2007  
Independence Day  
Wed., July 4, 2007 
Martin Luther King's Day 
Mon., Jan. 15, 2007
Labor Day
Mon., Sept. 3, 2007
Lincoln's Birthday  Mon., Feb. 12, 2007  Columbus Day  Mon., Oct. 8, 2007
Washington's Birthday  Mon., Feb. 19, 2007  Veterans' Day  Fri., Nov. 12, 2007
Good Friday * Fri., April 6, 2007  Thanksgiving Day **  Thurs., Nov. 22, 2007
Memorial Day  Mon., May 28, 2007 Christmas Day Tue., Dec. 25, 2007
 
* The day which will be designated by the Governor as a day of Fasting and Prayer.
** The day which will be designated by the Governor as a day of Thanksgiving.
For 2008, the first holiday is New Year’s Day. This holiday will be observed on Tuesday, January 1, 2008.
 
 
       Dated:  Tuesday, September 26, 2006
 
       John P. Burke
       Commissioner