The Department of Banking News Bulletin
Bulletin # 2317
Week Ending July 18, 2008
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 Howard F. Pitkin, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail. 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 2008 Supplement to the 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.
Newtown Savings Bank
FROM: 956 White Plains Road
Trumbull, CT 06611
TO: 962 White Plains Road
Trumbull, CT 06611
National Bank Activity
Red Mountain Bank, N.A.
Harbor Bank & Trust, a division
of Red Mountain Bank, N.A.
96 Old Post Road
Southport, CT 06890
NEW BANK APPLICATION WITHDRAWN AND SURRENDER
OF TEMPORARY CERTIFICATE OF AUTHORITY
On July 15, 2008, the organizers of Harbor Bank & Trust, Fairfield, Connecticut, withdrew their application to organize Harbor Bank & Trust, which was filed with the Banking Commissioner on October 24, 2006, pursuant to Section 36a-70 of the 2006 Supplement to the General Statutes, and the temporary certificate of authority issued on June 18, 2007, is being surrendered.
CONSUMER CREDIT DIVISION ACTIVITY
Check Cashing Service License Activity
Downtown News &
1249 Main Street
Bridgeport, CT 06604
SECURITIES AND BUSINESS INVESTMENTS DIVISION ACTIVITY
New York Man Fined $10,000 for Unregistered Agent Activity
On July 11, 2008, the Banking Commissioner entered an Order Imposing Fine against Jason John Konior of 145 Spring Street, Second Floor, New York, New York. Respondent Konior was formerly associated with the securities brokerage firm Great Eastern Securities, Inc. The Order Imposing Fine had been preceded by a December 19, 2007 Order to Cease and Desist, Notice of Intent to Fine and Notice of Right to Hearing alleging that on September 30, 2005, the respondent effected the purchase of American Oil & Gas, Inc. securities for a Connecticut investor at a time when the respondent was not registered as an agent of Great Eastern Securities, Inc. under the Connecticut Uniform Securities Act. Since the respondent did not request a hearing on the Order to Cease and Desist, the Order to Cease and Desist had become permanent on January 28, 2008. In fining the respondent $10,000, the Commissioner found that Jason John Konior violated Section 36b-6(a) of the Act by transacting business as an agent while unregistered. Respondent Konior did not appear or contest the imposition of the fine.
Dated: Tuesday, July 22, 2008