Let me reveal a summary of mergers and you can acquisitions away from finance companies based in Connecticut of 2000 to the present. Visit the financial institutions within the Connecticut web page to have place contact information.
Advised Craft
With the , new Administrator recognized the purchase of the NBT Bancorp, Inc., a north carolina-established economic holding company, off Salisbury Bancorp, Inc., a financial holding organization headquartered in Salisbury, Connecticut, and approved a notice out of intent not to disapprove the acquisition pursuant to help you Parts 36a-411 and you can 36a-185 of your Connecticut General Rules. Plus into , the Administrator acknowledged the new merger out of Salisbury Bank and Faith Company, a commercial lender based from inside the Salisbury, Connecticut and you will completely-possessed part from Salisbury Bancorp, Inc., which have and into the NBT Bank, National Organization, a vermont-oriented national lender and wholly-had part out of NBT Bancorp, Inc., pursuant to Point 36a-412(a)(1) of Connecticut Standard Regulations.
On the , the fresh Commissioner accepted the fresh merger off Lincoln very first Bank, a different Jersey-chartered coupons bank, that have and you may on Ion Bank, an effective Connecticut-chartered bank, pursuant in order to Point 36a-412(b) of the Connecticut General Laws and regulations.
To your *, the fresh new Administrator acknowledged the purchase from the Yards&T Lender Organization, a vermont bank carrying providers, out of People’s United Monetary Inc., a bank holding organization based when you look at the Bridgeport, Connecticut, and you will approved a notice of intention to not disapprove the purchase pursuant so you can Parts 36a-411 and you will 36a-185 of one’s Connecticut Standard Laws. Good., a national lender based in the Bridgeport, Connecticut and you may entirely-had subsidiary out of Mans Joined Financial, Inc., having and toward Brands and Dealers Faith Organization, a north carolina-chartered coupons lender and you may completely-had subsidiary of Yards&T Lender Enterprise, pursuant so you’re able to Section 36a-412(a)(1) of one’s Connecticut Standard Regulations.
Into , the latest Administrator accepted the latest merger out of Litchfield Bancorp and Collinsville Bank which have and you may into the Northwest Community Bank, all of the Connecticut banking companies and you will subsidiaries of Connecticut Common Carrying Organization, pursuant so you’re able to Point 36a-125 of one’s Connecticut General Laws and regulations.
Toward , the newest Commissioner provided a notification out of intention not to disapprove the newest purchase from the Centreville Financial, a Rhode Area-chartered non-member discounts bank, from PB Bancorp, Inc., a financial carrying business based inside the Putnam, CT, pursuant to Area 36a-185 of the Connecticut Standard Legislation. Together with on , the newest Administrator acknowledged new transfer of all of the property and you will debts off Putnam Financial, a good Connecticut-chartered discounts bank and you may completely-possessed subsidiary of PB Bancorp, Inc., in order to Centreville Lender, pursuant so you can sections 36a-210 and 36a-412 of the Connecticut Standard Laws and regulations.
To your , the latest Administrator issued an alerts regarding intent not to disapprove the brand new buy by the Mans Joined Monetary, Inc., an effective Delaware enterprise and you can bank carrying organization, from Joined Economic Bancorp, Inc., an effective Connecticut company and financial carrying company, pursuant to help you Point 36a-185 of your Connecticut General Legislation. About the the acquisition, Joined Financial, a great Connecticut-chartered bank and you can completely-had subsidiary off Joined Monetary Bancorp., Inc., would be matched which have and you can into Mans United Financial, N.A good., a nationwide lender based in the Bridgeport, Connecticut that’s a completely-possessed part out-of Man’s United Economic, Inc., pursuant so you’re able to Point 36a-126(b) of the Connecticut General Statutes.
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Into the , the new Administrator recognized the acquisition because of the Freedom Financial , a good Connecticut-chartered, mutual savings financial based within the Middletown, Connecticut, from SBT Bancorp, Inc. , a bank carrying providers based into the Simsbury, Connecticut, and approved a notice of intention never to disapprove the acquisition pursuant to help you Area 36a-185 of your own Connecticut Standard Laws. As well as on , the brand new Administrator recognized this new merger out of Simsbury Lender & Faith Company , a great Connecticut stock financial headquartered in the Simsbury, Connecticut and you will completely-possessed subsidiary away from SBT Bancorp, Inc. , having and you will to your Liberty Lender , pursuant to Area 36a-125 of the Connecticut Standard Rules.
Into the , Berkshire Mountains Bancorp, Inc., a lender holding team based when you look at the Boston, MA, away from Si Economic Group, Inc., a bank carrying team based during the Willimantic, CT, and you may provided a notification out of intention not to ever disapprove the purchase pursuant to Sections 36a-411 and you may best title loans in Maryland 36a-185 of your own Connecticut Standard Legislation. Also for the , this new Administrator acknowledged this new merger regarding Discounts Institute Bank and you may Trust Organization, good Connecticut financial headquartered during the Willimantic, CT and you may wholly-had subsidiary from Quand Monetary Category, Inc., with and toward Berkshire Bank, a great Massachusetts faith company and you will entirely-owned subsidiary from Berkshire Hills Bancorp, Inc., pursuant in order to Area 36a-412(a)(1) of your Connecticut Standard Laws.