Home » Cover story » Based when you look at the Ridgefield, Fairfield County Financial Corp

Based when you look at the Ridgefield, Fairfield County Financial Corp

Based when you look at the Ridgefield, Fairfield County Financial Corp

For the , new Financial Administrator issued an alerts from intention never to disapprove the acquisition by the Webster Economic Enterprise, Waterbury, carrying team having Webster Financial, of the many a great voting ties of your own North american Bank & Believe Business, a state chartered commercial lender headquartered when you look at the Waterbury and also the next merger of your United states Lender and Trust Business with and for the Webster Bank. Effective

An effective., and you will Evergreen Financial, N

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As part of the merger, Westport National Lender altered the identity to Connecticut People Bank, National Connection, and can conduct business on the newest practices into the Connecticut as the Westport Federal Lender, a department regarding Connecticut Area Lender, Federal Organization, and you will do business in the most recent workplaces of the Greenwich Lender & Believe Providers in the Connecticut since the Greenwich Bank & Faith Team, a division of Connecticut People Lender, National Organization. Active

Towards , the latest Banking Commissioner provided approval on merger away from Fairfield County Coupons Bank, Norwalk, with and you will to the Ridgefield Lender, the resulting financial to perform just like the a shared savings lender less than title off Fairfield Condition Bank Corp. , tend to efforts several divisions, Fairfield State Bank from inside the Norwalk and you can Ridgefield Financial inside Ridgefield. Energetic

To the , the latest Financial Commissioner offered acceptance into merger of Greenwich Financial & Faith Team, that have and you may towards the Westport Federal Bank

Windsor Tresses Community Bank, FSL, blended with and into Enfield Federal Discounts and you can Mortgage Organization. Active (Note: That it merger try listed having informative objectives. The fresh Connecticut Service of Banking was not expected to operate towards the your order.)

Very first Massachusetts Lender, N.Good. (d/b/an effective “GBT”), Bank of new Hampshire, N.A., Brand new Howard Financial, N.A beneficial., Very first Vermont Bank, Letter.A great., Franklin Lamoille Financial, Letter.A good. merged which have and on the Man’s Customs Bank, Letter.An excellent. beneath the latter’s constitution amount. The new ensuing financial identity was Banknorth, National Association. Effective (Note: So it merger are noted getting information motives. The brand new Connecticut Department from Banking was not required to act with the the transaction and it surely will not included in the realization desk on top of the fresh page.)

Towards , Westport National Bank received approval about Office of your own Comptroller of your own Money, with the merger of Middlesex Financial & Faith Providers, Newton, Massachusetts, with and you may with the Westport National Lender. Effective (Note: Which merger are indexed to own pointers purposes. The fresh Connecticut Department out-of Financial wasn’t required to work on the the order and it’ll not included in the realization dining table near the top of the new web page.)

Into , the new Financial Commissioner recognized the usage Banknorth Category, Inc. locate and you will retain the ownership and you may control of 100 percent of one’s provided and you can outstanding voting stock regarding Bancorp Connecticut, Inc., and indirectly, Southington Discounts Lender, and you will approved a notice out of intention to not ever disapprove like acquisitions. New Commissioner also recognized brand new merger off Southington Coupons Financial, having and on Banknorth, Federal Organization. Productive

For the , this new Banking Commissioner approved the aid of FleetBoston Economic Company to help you to get and take care of the control and you may power over 100 % out-of the fresh provided and a great voting inventory regarding Discussion Bancorp., and you may indirectly, Summit Lender, and granted a notice out of intent to not ever disapprove instance purchases. This new Administrator along with approved new merger away from Discussion Lender with and you will into Fleet Federal Financial. Effective

With the , this new Financial Commissioner recognized the aid of You.S. Faith Business, Greenwich, to track down Funding Trust Business, Minneapolis, MN, therefore the after that merger of Funding Trust Team which have and you can to the You.S. Trust Team. Effective

To the , the brand new Banking Administrator provided a notification from intent not to disapprove the purchase from instant same day payday loans online New York the Phoenix Companies, Inc. from 100 per cent of your voting ties out-of Phoenix Home Lifestyle Mutual Insurance provider and, ultimately, out-of Phoenix Rental Oak Faith Business, Hartford, in addition to purchase of 100 per cent of the voting securities of the Phoenix Rent Oak Faith Business by the Newco, a to be shaped secondary entirely-owned part of Phoenix People, Inc.

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