Let me reveal a summary of mergers and you will acquisitions from finance companies based in Connecticut away from 2000 to the current. Visit our very own banking institutions for the Connecticut web page for institution contact details.
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With the , the fresh new Commissioner recognized the acquisition by the NBT Bancorp, Inc., a new york-based economic holding team, off Salisbury Bancorp, Inc., a lender holding providers headquartered inside Salisbury, Connecticut, and given a notification away from intent to not ever disapprove the acquisition pursuant so you’re able to Sections 36a-411 and you may 36a-185 of your Connecticut Standard Statutes. Plus into the , the new Administrator recognized the merger away from Salisbury Bank and you will Believe Team, a professional financial based inside the Salisbury, Connecticut and you will wholly-had part from Salisbury Bancorp, Inc., having and you can with the NBT Bank, National Connection, a new york-situated national lender and you may entirely-owned part out of NBT Bancorp, Inc., pursuant to Part 36a-412(a)(1) of your Connecticut Standard Laws.
On , the newest Administrator recognized the fresh new merger off Lincoln 1st Bank, a different sort of Jersey-chartered discounts bank, that have and you will into Ion Bank, an excellent Connecticut-chartered financial, pursuant so you can Point 36a-412(b) of Connecticut General Rules.
Towards *, this new Commissioner recognized the acquisition by the Yards&T Financial Agency, a north carolina financial holding business, off Mans United Economic Inc., a bank carrying business headquartered within the Bridgeport, Connecticut, and you may awarded an alerts of intention not to ever disapprove the acquisition pursuant to help you Sections 36a-411 and 36a-185 of your own Connecticut General Guidelines. A good., a nationwide bank based inside Bridgeport, Connecticut and you may entirely-had part of People’s United Economic, Inc., having and you may into the Companies and you may Investors Faith Business, a vermont-chartered coupons lender and you can wholly-owned subsidiary of Meters&T Financial Agency, pursuant so you can Point 36a-412(a)(1) of the Connecticut General Regulations.
On the , new Administrator approved new merger out-of Litchfield Bancorp and Collinsville Bank that have and you will towards the Northwest Community Bank, all Connecticut banks and you may subsidiaries off Connecticut Common Carrying Providers, pursuant in order to Point 36a-125 of your Connecticut General Laws and regulations.
To the , this new Administrator issued a notification of intent not to disapprove the acquisition of the Centreville Lender, a beneficial Rhode Isle-chartered non-member offers financial, out of PB Bancorp, Inc., a bank carrying business headquartered from inside the Putnam, CT, pursuant to Part 36a-185 of the Connecticut Standard Regulations. And additionally into the , new Commissioner recognized new import of all of the assets and you can obligations off Putnam Financial, a great Connecticut-chartered discounts bank and you can completely-possessed part regarding PB Bancorp, Inc., to Centreville Financial, pursuant so you’re able to areas 36a-210 and 36a-412 of your own Connecticut General Rules.
Towards , this new Commissioner approved a notice out of intention not to disapprove the brand new buy of the People’s Joined Economic, Inc., an effective Delaware company and you will lender carrying company, of United Monetary Bancorp, Inc., an effective Connecticut organization and you may lender carrying team, pursuant so you’re able to Area 36a-185 of your Connecticut Standard Rules. In connection with the purchase, Joined Financial, a great Connecticut-chartered bank and you will wholly-owned subsidiary regarding United Financial Bancorp., Inc., would-be combined with and towards Mans United Bank, N.An effective., a national bank based during the Bridgeport, Connecticut that is an entirely-owned subsidiary regarding People’s United Monetary, Inc., pursuant to Part 36a-126(b) of the Connecticut General Laws.
On , the fresh new Commissioner approved the acquisition from the Liberty Lender , an excellent Connecticut-chartered, mutual coupons financial based from inside the Middletown, Connecticut, of SBT Bancorp, Inc. , a bank holding business based inside the Simsbury, Connecticut, and you may approved an alerts regarding intention to not ever disapprove the purchase pursuant so you’re able to Section 36a-185 of your own Connecticut General Regulations. In addition to into the , the brand new Administrator accepted the new merger of Simsbury Lender & Faith Providers , a great Connecticut stock bank headquartered inside the Simsbury, Connecticut and you can entirely-had part away from SBT Bancorp, Inc. , with and to your Freedom Lender , pursuant to help you Point 36a-125 of Connecticut Standard Rules.
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On the , Berkshire Slopes Bancorp, Inc., a financial carrying organization based inside the Boston, MA, out-of Si Economic Classification, Inc., a lender carrying team based during the Willimantic, CT, and you may granted a notice out-of purpose not to disapprove the purchase pursuant so you can Areas 36a-411 and you can 36a-185 of the Connecticut General Rules. Along with into , the brand new Administrator acknowledged brand new merger away from Savings Institute Lender and you can Faith Business, a good Connecticut lender based within the Willimantic, CT and entirely-owned part from payday loan places in Windsor CO Si Economic Class, Inc., with and you can for the Berkshire Lender, an effective Massachusetts faith organization and you will wholly-owned part out-of Berkshire Hills Bancorp, Inc., pursuant in order to Area 36a-412(a)(1) of your own Connecticut Standard Rules.