The new Administrator and additionally approved new merger away from Home town Bank with and you will to your Independence Lender

The new Administrator and additionally approved new merger away from Home town Bank with and you will to your Independence Lender

With the , the newest Banking Administrator awarded a notification away from intention not to ever disapprove the acquisition by the Connecticut Bancshares, Inc., Manchester, new holding team into Deals Bank of Manchester, your state-chartered financial support stock savings lender, off 100 per cent of your own voting bonds regarding First Federal Savings and Financing Organization of East Hartford. Productive

Towards , the Banking Commissioner given a notice from intention to not ever disapprove the purchase by Versatility Bank, an excellent Connecticut county-chartered mutual offers lender based into the Middletown, off 100 per cent of the voting bonds off Home town Lender, a beneficial Connecticut state-chartered shared offers bank based in Moodus. Continue reading “The new Administrator and additionally approved new merger away from Home town Bank with and you will to your Independence Lender”