As well as towards the , the new Commissioner acknowledged the merger from Man’s United Financial, Letter

As well as towards the , the new Commissioner acknowledged the merger from Man’s United Financial, Letter

The following is a summary of mergers and you https://clickcashadvance.com/installment-loans-ga/ may purchases away from banks located in Connecticut away from 2000 to the current. Go to all of our banks during the Connecticut page to possess institution contact information.

Proposed Passion

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Into the , the fresh Administrator accepted the acquisition from the NBT Bancorp, Inc., a vermont-centered financial holding organization, regarding Salisbury Bancorp, Inc., a bank carrying business headquartered for the Salisbury, Connecticut, and you may awarded a notice away from intention not to disapprove the purchase pursuant so you’re able to Areas 36a-411 and 36a-185 of your own Connecticut Standard Legislation. Plus for the , the fresh new Administrator recognized the latest merger regarding Salisbury Lender and you can Faith Organization, a professional lender based in Salisbury, Connecticut and entirely-had subsidiary regarding Salisbury Bancorp, Inc., having and you may toward NBT Lender, Federal Connection, a north carolina-built federal bank and you will wholly-had part from NBT Bancorp, Inc., pursuant to help you Area 36a-412(a)(1) of one’s Connecticut Standard Rules.

Into , the brand new Commissioner acknowledged the merger off Lincoln 1st Lender, another type of Jersey-chartered discounts bank, which have and you may for the Ion Lender, an effective Connecticut-chartered lender, pursuant so you’re able to Area 36a-412(b) of Connecticut General Laws.

To your *, the new Commissioner recognized the purchase of the Meters&T Bank Company, a north carolina lender carrying company, regarding Man’s Joined Economic Inc., a financial carrying team headquartered when you look at the Bridgeport, Connecticut, and you can granted a notice away from intent to not disapprove the purchase pursuant to Parts 36a-411 and you can 36a-185 of the Connecticut Standard Guidelines. An excellent., a nationwide lender headquartered during the Bridgeport, Connecticut and you will wholly-possessed part regarding Man’s Joined Economic, Inc., with and you will to your Providers and you may Buyers Believe Business, a vermont-chartered coupons financial and entirely-possessed subsidiary out-of Meters&T Lender Corporation, pursuant in order to Point 36a-412(a)(1) of Connecticut General Laws and regulations.

To your , the Commissioner acknowledged the brand new merger out of Litchfield Bancorp and you will Collinsville Lender which have and you may on Northwest Area Bank, all the Connecticut banking companies and subsidiaries off Connecticut Common Carrying Providers, pursuant in order to Area 36a-125 of Connecticut General Laws.

On , the Commissioner granted a notification off purpose to not disapprove the newest acquisition by Centreville Bank, a good Rhode Island-chartered low-affiliate discounts lender, out-of PB Bancorp, Inc., a bank holding providers headquartered when you look at the Putnam, CT, pursuant so you can Section 36a-185 of the Connecticut General Legislation. In addition to towards the , the new Commissioner acknowledged the newest import of the many property and you can liabilities from Putnam Bank, an effective Connecticut-chartered savings financial and you may entirely-owned part from PB Bancorp, Inc., to help you Centreville Financial, pursuant so you’re able to areas 36a-210 and you may 36a-412 of Connecticut Standard Legislation.

Towards the , the newest Commissioner given a notification regarding purpose not to ever disapprove the brand new purchase of the Mans Joined Monetary, Inc., a Delaware enterprise and bank carrying business, out of United Economic Bancorp, Inc., a great Connecticut enterprise and you can financial carrying company, pursuant in order to Section 36a-185 of one’s Connecticut General Rules. Concerning the the acquisition, Joined Bank, a great Connecticut-chartered bank and you can wholly-had subsidiary away from United Economic Bancorp., Inc., could be blended that have and you may to your People’s Joined Bank, N.An effective., a nationwide lender based from inside the Bridgeport, Connecticut that’s an entirely-had part off Man’s United Economic, Inc., pursuant in order to Point 36a-126(b) of Connecticut General Laws and regulations.

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Toward , the latest Commissioner acknowledged the acquisition by the Versatility Lender , a beneficial Connecticut-chartered, mutual coupons bank headquartered in Middletown, Connecticut, from SBT Bancorp, Inc. , a bank holding organization headquartered during the Simsbury, Connecticut, and issued a notice from intention to not disapprove the acquisition pursuant to Part 36a-185 of the Connecticut General Regulations. Including for the , the latest Commissioner approved the fresh new merger off Simsbury Bank & Trust Providers , a great Connecticut inventory lender based from inside the Simsbury, Connecticut and you can completely-possessed subsidiary away from SBT Bancorp, Inc. , having and you may to the Versatility Bank , pursuant so you can Section 36a-125 of your own Connecticut General Regulations.

To the , Berkshire Mountains Bancorp, Inc., a financial carrying business based within the Boston, MA, regarding Quand Economic Group, Inc., a financial carrying providers based in Willimantic, CT, and granted a notice of purpose never to disapprove the purchase pursuant so you’re able to Parts 36a-411 and you can 36a-185 of your Connecticut Standard Laws and regulations. Together with on the , the new Administrator approved the merger regarding Coupons Institute Bank and you will Believe Company, a beneficial Connecticut lender based during the Willimantic, CT and entirely-owned subsidiary of Au moment ou Financial Category, Inc., having and you can into the Berkshire Bank, a beneficial Massachusetts faith business and entirely-had subsidiary away from Berkshire Slopes Bancorp, Inc., pursuant so you can Part 36a-412(a)(1) of Connecticut Standard Guidelines.