DOB: News Bulletin 2412 - May 14, 2010

The Department of Banking News Bulletin 

Bulletin # 2412
Week Ending May 14, 2010

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.

Branch Activity
Section 36a-145 of the Connecticut General Statutes requires certain applications 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
Union Savings Bank
FROM:  164 Danbury Road
           New Milford, CT  06776
TO:      169 Danbury Road
           New Milford, CT  06776
filed to

Community Reinvestment Plan
On May 14, 2010, GAP V Bankvest, LLC, Greenfield Acquisition Company V, LLC, Greenfield Acquisition Partners V, L.P., GAP V Management, LLC, Greenfield Partners, LLC, and Eugene A. Gorab filed a community reinvestment plan in connection with their filing on April 28, 2010, pursuant to Section 36a-184 of the Connecticut General Statutes, of an acquisition statement to acquire approximately 24.9% of the voting securities of Alcar LLC, and indirectly approximately 11 percent of the voting securities of Darien Rowayton Bank, a Connecticut Bank. The community reinvestment plan is available for public inspection and comment at the Department of Banking for a period of 30 days. 
       Dated:  Tuesday, May 18, 2010
       Howard F. Pitkin
       Banking Commissioner