Let me reveal a summary of mergers and you can purchases of financial institutions based in Connecticut of 2000 to the current. Head to all of our banking institutions within the Connecticut web page getting establishment email address.
Advised Craft
On , brand new Commissioner acknowledged the acquisition from the NBT Bancorp, Inc., a new york-founded economic carrying organization, away from Salisbury Bancorp, Inc., a bank carrying company based within the Salisbury, Connecticut, and you may granted an alerts out-of intent not to ever disapprove the acquisition pursuant so you can Sections 36a-411 and 36a-185 of your Connecticut General Rules. As well as towards , the new Administrator approved new merger of Salisbury Lender and you can Trust Company, a commercial lender headquartered from inside the Salisbury, Connecticut and you may entirely-owned subsidiary of Salisbury Bancorp, Inc., having and you will into the NBT Financial, National Connection, a north carolina-depending national financial and you may entirely-owned part out of NBT Bancorp, Inc., pursuant so you’re able to Area 36a-412(a)(1) of the Connecticut General Legislation.
To your , the latest Administrator acknowledged the merger of Lincoln very first Bank, yet another Jersey-chartered offers lender, which have and with the Ion Financial, an effective Connecticut-chartered bank, pursuant to Part 36a-412(b) of your Connecticut General Laws.
Into *, the newest Commissioner approved the purchase by M&T Financial Company, a vermont financial holding company, from Mans United Monetary Inc., a lender holding company headquartered during the Bridgeport, Connecticut, and you can given a notice of intent to not disapprove the acquisition pursuant so you can Parts 36a-411 and you will 36a-185 of Connecticut General Statutes. An excellent., a nationwide bank headquartered from inside the Bridgeport, Connecticut and you may wholly-owned part off Man’s United Economic, Inc., that have and you may to your Producers and you can Traders Faith Business, a vermont-chartered deals bank and completely-owned subsidiary away from Yards&T Lender Corporation, pursuant so you’re able to Area 36a-412(a)(1) of your Connecticut Standard Guidelines.
To your , the brand new Commissioner recognized the fresh merger off Litchfield Bancorp and you may Collinsville Lender that have and you may for the Northwest People Financial, most of the Connecticut banking institutions and you may subsidiaries off Connecticut Common Carrying Organization, pursuant so you can Area 36a-125 of your Connecticut Standard Statutes.
Toward , this new Commissioner issued a notice out of intention to not ever disapprove the latest order of the Centreville Financial, a good Rhode Area-chartered non-representative offers financial, out of PB Bancorp, Inc., a bank holding organization headquartered in the Putnam, CT, pursuant to help you Area 36a-185 of your own Connecticut Standard Laws and regulations. Plus to the , brand new Administrator approved the latest transfer of all the property and you will debts from Putnam Lender, a great Connecticut-chartered coupons lender and you may entirely-possessed subsidiary out-of PB Bancorp, Inc., in order to Centreville Lender, pursuant so you can areas 36a-210 and you can 36a-412 of one’s Connecticut General Laws and regulations.
Towards , the fresh Commissioner given a notice out-of intention not to disapprove the new buy because of the Mans United Monetary, Inc., an excellent Delaware organization and lender carrying business, regarding Joined Monetary Bancorp, Inc., a good Connecticut enterprise and you can financial holding providers, pursuant to Part 36a-185 of one’s Connecticut Standard Statutes. Regarding the the purchase, United Financial, an effective Connecticut-chartered bank and you can wholly-had part away from Joined Economic Bancorp., Inc., could be combined which have and you may with the People’s United Lender, Letter.A., a national lender headquartered when you look at the Bridgeport, Connecticut that’s a wholly-possessed part out of People’s United Monetary, Inc., pursuant so you can Area 36a-126(b) of Connecticut Standard Laws.
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For the , the latest Commissioner recognized the purchase by Versatility Lender , a Connecticut-chartered, common discounts lender based during the Middletown, Connecticut, away from SBT Bancorp, Inc. , a bank holding company based in the Simsbury, Connecticut, and you can approved a notification off intent to not ever disapprove the acquisition pursuant so you’re able to Point 36a-185 of your own Connecticut General Legislation. And additionally towards , the fresh Administrator approved the merger off Simsbury Bank & Trust Team , an excellent Connecticut inventory lender based for the Simsbury, Connecticut and you will entirely-possessed subsidiary from SBT Bancorp, Inc. , with and you may with the Independence Lender , pursuant in order to Area 36a-125 of the Connecticut Standard Laws.
Towards , Berkshire Slopes Bancorp, Inc., a lender Michigan title loans MI carrying providers headquartered within the Boston, MA, of Quand Monetary Class, Inc., a lender carrying organization headquartered inside the Willimantic, CT, and you can provided a notice away from purpose not to disapprove the purchase pursuant so you’re able to Parts 36a-411 and you can 36a-185 of Connecticut Standard Regulations. As well as towards , the newest Commissioner acknowledged the newest merger off Savings Institute Lender and you may Trust Business, a beneficial Connecticut bank headquartered into the Willimantic, CT and you can completely-owned subsidiary out of Quand Monetary Group, Inc., which have and you may into the Berkshire Lender, a Massachusetts faith team and you may wholly-possessed part of Berkshire Hills Bancorp, Inc., pursuant to Section 36a-412(a)(1) of your Connecticut Standard Rules.
