Listed here is a summary of mergers and purchases out of finance companies located in Connecticut away from 2000 to the current. Go to all of our banking companies inside Connecticut page having facilities contact details.
Proposed Activity
Towards the , the Administrator approved the purchase by the NBT Bancorp, Inc., a north carolina-built financial carrying providers, from Salisbury Bancorp, Inc., a bank holding team based from inside the Salisbury, Connecticut, and you may provided an alerts off intent never to disapprove the acquisition pursuant in order to Parts 36a-411 and you will 36a-185 of the Connecticut General Laws. And additionally to your , the fresh Commissioner acknowledged the latest merger from Salisbury Financial and you may Believe Company, a commercial bank headquartered for the Salisbury, Connecticut and you will wholly-possessed part of Salisbury Bancorp, Inc., having and you can for the NBT Bank, National Connection, a new york-centered national lender and entirely-owned subsidiary away from NBT Bancorp, Inc., pursuant to help you Point 36a-412(a)(1) of Connecticut Standard Laws.
With the , the new Administrator approved this new merger away from where can you get a loan for a wedding Lincoln first Bank, yet another Jersey-chartered discounts financial, which have and you may towards the Ion Bank, good Connecticut-chartered bank, pursuant so you can Part 36a-412(b) of one’s Connecticut General Statutes.
On *, the newest Commissioner recognized the purchase by the Yards&T Financial Firm, a north carolina bank holding providers, out-of Man’s United Economic Inc., a lender holding company headquartered for the Bridgeport, Connecticut, and you may awarded an alerts from intention not to ever disapprove the purchase pursuant in order to Areas 36a-411 and you will 36a-185 of Connecticut Standard Laws and regulations. An effective., a nationwide bank headquartered in the Bridgeport, Connecticut and you will wholly-possessed part away from Man’s United Financial, Inc., which have and with the Manufacturers and you may Investors Faith Business, a new york-chartered savings lender and you can wholly-owned part regarding Yards&T Lender Organization, pursuant to Part 36a-412(a)(1) of the Connecticut Standard Legislation.
To your , the latest Administrator accepted this new merger out of Litchfield Bancorp and you can Collinsville Financial that have and you may on the Northwest Area Bank, all of the Connecticut financial institutions and subsidiaries out of Connecticut Shared Carrying Providers, pursuant in order to Section 36a-125 of Connecticut General Regulations.
On the , new Administrator awarded an alerts of intention not to disapprove the fresh buy by the Centreville Lender, an excellent Rhode Isle-chartered non-representative savings financial, away from PB Bancorp, Inc., a financial holding team headquartered from inside the Putnam, CT, pursuant in order to Section 36a-185 of your own Connecticut General Guidelines. Plus to your , the latest Commissioner acknowledged the fresh new import of all of the property and you will liabilities away from Putnam Lender, an effective Connecticut-chartered savings lender and you may completely-owned part away from PB Bancorp, Inc., so you’re able to Centreville Bank, pursuant to help you sections 36a-210 and you may 36a-412 of the Connecticut General Statutes.
Into , the latest Administrator provided a notification off purpose never to disapprove the buy by the People’s United Financial, Inc., good Delaware business and you may lender holding providers, from United Economic Bancorp, Inc., a Connecticut company and you will financial carrying company, pursuant to Area 36a-185 of Connecticut General Regulations. To the the acquisition, United Financial, an excellent Connecticut-chartered bank and you can wholly-possessed subsidiary from Joined Financial Bancorp., Inc., could be merged which have and you may to the People’s United Lender, N.A good., a national bank based when you look at the Bridgeport, Connecticut that’s an entirely-had subsidiary from People’s Joined Economic, Inc., pursuant so you’re able to Point 36a-126(b) of Connecticut General Rules.
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With the , the brand new Commissioner approved the acquisition by Freedom Bank , an effective Connecticut-chartered, shared discounts financial headquartered during the Middletown, Connecticut, away from SBT Bancorp, Inc. , a bank holding organization headquartered in Simsbury, Connecticut, and issued a notice out of purpose never to disapprove the acquisition pursuant so you’re able to Section 36a-185 of your own Connecticut General Laws. Together with for the , this new Administrator acknowledged new merger out-of Simsbury Financial & Trust Company , a good Connecticut inventory bank headquartered into the Simsbury, Connecticut and you will completely-had part regarding SBT Bancorp, Inc. , which have and on the Liberty Lender , pursuant so you can Point 36a-125 of your Connecticut Standard Laws and regulations.
For the , Berkshire Hills Bancorp, Inc., a lender carrying company based from inside the Boston, MA, off Au moment ou Financial Classification, Inc., a bank carrying providers based into the Willimantic, CT, and awarded an alerts from intent never to disapprove the acquisition pursuant in order to Parts 36a-411 and you may 36a-185 of Connecticut General Laws and regulations. Plus toward , the Administrator acknowledged brand new merger out of Discounts Institute Financial and you can Believe Organization, a good Connecticut bank based within the Willimantic, CT and you can entirely-owned part out-of Au moment ou Economic Category, Inc., having and with the Berkshire Bank, an effective Massachusetts faith organization and you can completely-had part away from Berkshire Slopes Bancorp, Inc., pursuant to Area 36a-412(a)(1) of Connecticut Standard Legislation.