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In addition to with the , this new Administrator recognized the fresh new merger out of People’s United Financial, Letter

By January 18, 2025No Comments

In addition to with the , this new Administrator recognized the fresh new merger out of People’s United Financial, Letter

Listed here is a summary of mergers and you may acquisitions of finance companies located in Connecticut of 2000 to the present. Visit all of our banks during the Connecticut webpage to have organization contact information.

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With the , the brand new Administrator recognized the acquisition from the NBT Bancorp, Inc., a vermont-built economic holding company, of Salisbury Bancorp, Inc., a financial carrying team based inside Salisbury, Connecticut, and provided a notification off intent to not ever disapprove the purchase pursuant to Parts 36a-411 and you may 36a-185 of your Connecticut Standard Laws and regulations. And towards the , the fresh Commissioner accepted new merger from Salisbury Bank and Faith Providers, a commercial bank based inside Salisbury, Connecticut and you may completely-had part away from Salisbury Bancorp, Inc., having and you will with the NBT Bank, Federal Organization, a north carolina-depending national financial and entirely-possessed subsidiary off NBT Bancorp, Inc., pursuant to Section 36a-412(a)(1) of Connecticut General Statutes.

To your , the new Commissioner accepted the fresh merger away from Lincoln 1st Bank, yet another Jersey-chartered savings financial, having and you will towards Ion Lender, an effective Connecticut-chartered lender, pursuant so you can Section 36a-412(b) of Connecticut Standard Guidelines.

On the *, the Administrator recognized the acquisition by Meters&T Bank Company, a vermont lender holding providers, regarding Man’s United Monetary Inc., a financial carrying company based inside the Bridgeport, Connecticut, and you can issued a notification from intention to not ever disapprove the acquisition pursuant so you can Parts 36a-411 and you will 36a-185 of the Connecticut Standard Guidelines. An excellent., a national bank based for the Bridgeport, Connecticut and you can completely-had part of Mans Joined Economic, Inc., with and for the Producers and Buyers Trust Company, a vermont-chartered savings bank and you will completely-owned subsidiary from Meters&T Bank Company, pursuant to Point 36a-412(a)(1) of Connecticut Standard Guidelines.

To the , the fresh new Administrator approved the merger out of Litchfield Bancorp and you will Collinsville Lender with and you will into the Northwest Society Bank, all Connecticut banking companies and subsidiaries away from Connecticut Shared Carrying Providers, pursuant so you’re able to Area 36a-125 of Connecticut General Regulations.

For the , the Commissioner given a notification off purpose to not ever disapprove the fresh new purchase because of the Centreville Lender, who is the best personal loan company in Houston with no credit check a Rhode Island-chartered low-associate savings financial, away from PB Bancorp, Inc., a lender carrying company based for the Putnam, CT, pursuant to Section 36a-185 of your Connecticut General Laws. And additionally into , this new Administrator accepted new import of the many assets and you will obligations regarding Putnam Bank, good Connecticut-chartered offers bank and you will completely-had part of PB Bancorp, Inc., to Centreville Lender, pursuant to help you areas 36a-210 and you will 36a-412 of Connecticut General Statutes.

Towards the , the newest Commissioner granted an alerts off purpose not to ever disapprove the acquisition because of the Mans United Economic, Inc., a Delaware firm and bank holding company, away from United Financial Bancorp, Inc., good Connecticut enterprise and you may lender carrying company, pursuant to Point 36a-185 of Connecticut Standard Statutes. About the the purchase, United Financial, a great Connecticut-chartered financial and you can entirely-had part from United Financial Bancorp., Inc., could well be combined that have and you may for the Mans United Lender, Letter.A good., a nationwide lender headquartered in the Bridgeport, Connecticut that’s an entirely-had subsidiary off People’s United Economic, Inc., pursuant to Section 36a-126(b) of your Connecticut Standard Rules.

Towards the , brand new Administrator approved the purchase from the Independence Financial , a great Connecticut-chartered, mutual savings financial headquartered during the Middletown, Connecticut, of SBT Bancorp, Inc. , a bank carrying organization headquartered in the Simsbury, Connecticut, and issued an alerts out-of intent not to ever disapprove the purchase pursuant in order to Area 36a-185 of your own Connecticut Standard Regulations. And toward , the fresh new Administrator recognized the fresh new merger of Simsbury Financial & Believe Business , a good Connecticut stock financial based within the Simsbury, Connecticut and you will wholly-owned subsidiary off SBT Bancorp, Inc. , having and into Freedom Bank , pursuant in order to Part 36a-125 of your own Connecticut General Statutes.

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With the , Berkshire Hills Bancorp, Inc., a financial holding team headquartered during the Boston, MA, away from Quand Monetary Class, Inc., a bank carrying organization headquartered in Willimantic, CT, and you can awarded a notification of intent not to disapprove the purchase pursuant to Parts 36a-411 and 36a-185 of your own Connecticut Standard Guidelines. Plus into , the newest Administrator accepted the latest merger from Deals Institute Bank and you may Faith Organization, a Connecticut bank headquartered into the Willimantic, CT and you will wholly-owned subsidiary from Au moment ou Monetary Category, Inc., with and you will towards Berkshire Financial, a Massachusetts trust team and you will completely-had subsidiary out of Berkshire Hills Bancorp, Inc., pursuant in order to Area 36a-412(a)(1) of Connecticut Standard Regulations.

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