The following is a summary of mergers and you can acquisitions from banking companies based in Connecticut away from 2000 to the current. Go to our banks into the Connecticut web page to possess establishment contact information.
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Towards , the newest Administrator approved the purchase by the NBT Bancorp, Inc., a north carolina-created monetary carrying organization, away from Salisbury Bancorp, Inc., a lender holding business based personal loans in Tennessee from inside the Salisbury, Connecticut, and you may provided a notification out of purpose to not ever disapprove the purchase pursuant so you’re able to Sections 36a-411 and 36a-185 of Connecticut Standard Guidelines. Plus for the , the fresh Commissioner recognized this new merger regarding Salisbury Financial and you can Trust Company, a commercial lender headquartered when you look at the Salisbury, Connecticut and you can entirely-owned part out-of Salisbury Bancorp, Inc., with and you may into the NBT Bank, Federal Relationship, a north carolina-centered national financial and you will wholly-owned subsidiary of NBT Bancorp, Inc., pursuant to Section 36a-412(a)(1) of your Connecticut General Rules.
Toward , the new Administrator approved the merger off Lincoln first Lender, a new Jersey-chartered coupons lender, with and you will towards the Ion Bank, a good Connecticut-chartered financial, pursuant so you can Section 36a-412(b) of the Connecticut General Regulations.
On the *, the brand new Administrator accepted the purchase because of the Yards&T Lender Corporation, a new york financial holding business, of People’s Joined Economic Inc., a financial holding team headquartered into the Bridgeport, Connecticut, and you will issued a notice out of intention never to disapprove the acquisition pursuant so you’re able to Sections 36a-411 and 36a-185 of one’s Connecticut General Guidelines. A., a nationwide financial headquartered into the Bridgeport, Connecticut and entirely-possessed subsidiary off Mans Joined Monetary, Inc., that have and into Suppliers and you may People Faith Organization, a vermont-chartered coupons lender and you will entirely-had part out of M&T Bank Firm, pursuant so you’re able to Part 36a-412(a)(1) of the Connecticut General Guidelines.
Towards , the new Administrator recognized new merger out of Litchfield Bancorp and you will Collinsville Bank which have and you can into the Northwest Society Bank, all Connecticut banks and you may subsidiaries regarding Connecticut Mutual Holding Company, pursuant so you can Point 36a-125 of one’s Connecticut General Rules.
On , this new Administrator granted an alerts out of purpose not to ever disapprove brand new order by Centreville Financial, a beneficial Rhode Area-chartered low-representative offers financial, of PB Bancorp, Inc., a financial carrying team based from inside the Putnam, CT, pursuant so you’re able to Section 36a-185 of the Connecticut Standard Laws. Together with with the , the Commissioner acknowledged the import of all assets and you may liabilities regarding Putnam Bank, an excellent Connecticut-chartered offers lender and you may completely-had part of PB Bancorp, Inc., in order to Centreville Financial, pursuant so you’re able to areas 36a-210 and you may 36a-412 of your Connecticut Standard Rules.
To the , the latest Administrator approved an alerts away from purpose to not ever disapprove the latest purchase of the Man’s Joined Economic, Inc., an excellent Delaware company and you can bank carrying business, of United Financial Bancorp, Inc., a beneficial Connecticut agency and you may financial holding company, pursuant so you’re able to Section 36a-185 of your own Connecticut Standard Laws. Concerning the purchase, United Bank, an excellent Connecticut-chartered financial and you can entirely-owned part off Joined Monetary Bancorp., Inc., might possibly be merged which have and you will towards People’s United Bank, Letter.A great., a nationwide financial headquartered for the Bridgeport, Connecticut which is a completely-had subsidiary out of Mans Joined Economic, Inc., pursuant to Section 36a-126(b) of your Connecticut Standard Legislation.
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On the , new Administrator accepted the acquisition by Liberty Bank , a great Connecticut-chartered, shared discounts financial based within the Middletown, Connecticut, out of SBT Bancorp, Inc. , a lender holding team based for the Simsbury, Connecticut, and you may granted a notification regarding intent to not disapprove the purchase pursuant in order to Area 36a-185 of one’s Connecticut General Regulations. Plus with the , this new Commissioner accepted the latest merger from Simsbury Financial & Faith Company , an excellent Connecticut inventory bank headquartered during the Simsbury, Connecticut and you can completely-owned part out of SBT Bancorp, Inc. , with and you can towards Freedom Financial , pursuant in order to Point 36a-125 of one’s Connecticut Standard Statutes.
Into , Berkshire Slopes Bancorp, Inc., a lender holding company based for the Boston, MA, off Au moment ou Financial Class, Inc., a lender carrying team based within the Willimantic, CT, and you may approved an alerts out of intent to not disapprove the acquisition pursuant to Parts 36a-411 and you will 36a-185 of your Connecticut General Rules. Along with into , brand new Commissioner recognized the newest merger of Offers Institute Lender and you will Faith Organization, a good Connecticut lender based in Willimantic, CT and you can completely-possessed subsidiary off Lorsque Monetary Class, Inc., with and into the Berkshire Bank, a good Massachusetts believe team and wholly-possessed subsidiary from Berkshire Mountains Bancorp, Inc., pursuant so you can Part 36a-412(a)(1) of one’s Connecticut General Rules.