American Banker

APRIL 17, 2024

Banking Circle US is the first company to use Connecticut's uninsured bank charter for wholesale and merchant activities. This kind of charter makes sense for payments firms, but questions persist about overall viability.

Connecticut 59

Connecticut US Payments Company 59

PYMNTS

SEPTEMBER 23, 2020

Like all the towns on the Connecticut shoreline, Guilford is centered around a village green. On its north side stands a picture-postcard, white-steepled church. To the east is another church and spire, this one made of carved granite taken from the local quarries.

Connecticut 182

Connecticut New York City Community social media 182

BankDeals

JULY 24, 2020

Connecticut Community Bank, N.A. is currently offering an 18-month CD with the highest rate in Connecticut. Minimum opening deposit is $500. Also available as an IRA CD.

Connecticut 101

Connecticut Community Bank Community 101

CFPB Monitor

MAY 19, 2022

The Order also directs SoLo to stop enforcing loans made to Connecticut residents and make restitution of any amounts it obtained in connection with such loans together with interest. Some Connecticut borrowers were assessed a late fee equal to 15% of the principal loan amount, which was generally split equally between the lender and SoLo.

Connecticut 78

Connecticut Operations Fintech Regulation 78

PYMNTS

SEPTEMBER 30, 2016

28) said Connecticut is preparing for a new statute to legalize payroll cards. Connecticut is also ensuring that, while payroll cards can expire, the funds loaded onto them cannot, and lost cards can be replaced once a year when an employee makes such a request. Reports on Wednesday (Sept. The statute comes into effect Oct.

Connecticut 100

Connecticut Cards ATM New York 100

MyBankTracker

MARCH 12, 2021

Connecticut is one of the most expensive states to have car insurance in. Average Car Insurance Rates in Connecticut. Statewide average premiums in Connecticut for three popular car insurance coverage levels (all premium information we’ll be providing comes from our sister site, Car Insurance.com.).

Connecticut 52

Connecticut Policies Company Course 52

CFPB Monitor

OCTOBER 9, 2018

Last week, the Connecticut Fair Housing Center, Inc. filed a complaint against Liberty Bank in Connecticut federal district court alleging that the Bank engaged in discriminatory mortgage lending in violation of the federal Fair Housing Act.

Connecticut 74

Connecticut Lending Comparison Regional 74

CFPB Monitor

JULY 5, 2023

On June 29, 2023, Connecticut’s Governor signed into law Substitute Senate Bill No. 1033 which makes significant changes to the state’s Small Loan Act. The new law takes effect on October 1, 2023. The primary changes are as follows: New APR calculation (Section 1, subdivision (2), Revising 36a-555(2)).

Connecticut 78

Connecticut Lending Regulation 78

American Banker

OCTOBER 2, 2024

New Canaan-based Bankwell's digital solution relies on software designed by Lendio to compress the application-to-funding interval and appeal to speed-conscious small business owners

Connecticut 78

Connecticut Lending Software Community Bank 78

American Banker

SEPTEMBER 11, 2024

Fieldpoint Private Bank & Trust and its parent company entered a written agreement with state and federal supervisors pledging to address several compliance issues.

Connecticut 41

Connecticut Compliance Company Regulation 41

PYMNTS

JUNE 24, 2020

With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. Phil Murphy and Connecticut Gov. New York Gov. Andrew Cuomo, New Jersey Gov.

New York 227

New York New Jersey Connecticut South Carolina 227

CFPB Monitor

JULY 2, 2021

The order applies to individuals working on behalf of persons licensed in Connecticut as: Consumer collection agencies; Debt adjusters; Debt negotiators; Mortgage brokers, mortgage correspondent lenders or mortgage lenders; Mortgage servicers; Sales finance companies; Small loan companies; and.

Connecticut 78

Connecticut Maine United States Regulation 78

CFPB Monitor

MAY 24, 2023

and Connecticut relating to its practice of requesting tips and donations in connection with the loans offered through its platform. A fintech peer-to-peer lender has entered into separate consent orders with California, Washington D.C.,

Connecticut 147

Connecticut Fintech Washington California 147

American Banker

JUNE 2, 2024

Numisma, a Connecticut-chartered uninsured bank, was granted a Federal Reserve master account last week — the first bank with a novel charter to do so since the Fed issued its master account guidelines in 2022. Whether others can do the same is an open question.

Connecticut 84

Connecticut Guidelines Policies Compliance 84

American Banker

FEBRUARY 8, 2024

It's early days in the Connecticut bank's testing of Cascading AI, but one clear benefit has emerged: The software can handle the many inquiries that come in on Friday nights, after loan officers have gone home.

Connecticut 88

Connecticut Lending Software Technology 88

CFPB Monitor

APRIL 11, 2022

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

Connecticut 78

Connecticut Company Regulation social media 78

American Banker

JANUARY 23, 2024

But Connecticut-based Webster is bullish based on its pipeline of nonoffice commercial real estate, public finance and other credits, CEO John Ciulla says. Several regional banks have projected minimal growth or even a decline in lending this year.

Connecticut 83

Connecticut Regional Lending 83

CFPB Monitor

NOVEMBER 6, 2023

On November 2, 2023, the Consumer Financial Protection Bureau issued a report on the community reinvestment laws of seven states (Connecticut, Illinois, Massachusetts, New York, Rhode Island, Washington, West Virginia), and the District of Columbia that evaluate the record of state-chartered financial institutions and other lenders in meeting the credit (..)

Rhode Island 78

Rhode Island District of Columbia West Virginia Community 78

American Banker

APRIL 23, 2024

The Connecticut bank —a regional traditionally regarded as a cautious lender — said nonperforming loans and leases rose 53% year-over-year. The uptick was in mostly the commercial-and-industrial loan space, although there was one nonperforming commercial real estate loan, executives said.

Connecticut 67

Connecticut Report Regional Industry 67

American Banker

DECEMBER 15, 2023

The Connecticut bank agreed to pay $350 million to acquire Ametros Financial, a custodian and administrator of medical funds from insurance claim settlements. Some analysts see the deal as a signal that Webster does not plan to sell its health savings account business, which has been the subject of recent speculation.

Connecticut 74

Connecticut 74

Perficient

FEBRUARY 26, 2021

The fact that the increase in New York is based upon inflation data from New Jersey, Connecticut and Pennsylvania seems a bit of a stretch, but is likely based on the challenge of collecting accurate inflation data by state. The increase is permitted under Part 400.11 Interestingly, New Jersey has a different percentage.

New York 309

New York New Jersey NJ Connecticut 309

PYMNTS

AUGUST 13, 2020

We have ended relationships with some partners and Amazon is working closely with all impacted drivers to ensure they find opportunities to deliver Amazon packages with other local Delivery Service Partners with little to no disruption to pay,” an Amazon spokesperson told CNBC.

Pennsylvania 167

Pennsylvania Connecticut Wisconsin New Jersey 167

BankDeals

SEPTEMBER 3, 2020

Collinsville Bank's Kasasa Cash offers a competitive rate and is available statewide in Connecticut and in three Massachusetts counties.

Connecticut 105

Connecticut Massachusetts 105

American Banker

DECEMBER 28, 2022

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Connecticut 74

Connecticut Community Bank Industry Community 74

PYMNTS

MAY 7, 2020

The highest insured unemployment rates in the week ending April 18 were in Vermont (25.2), West Virginia (21.9), Michigan (21.7), Rhode Island (20.4), Nevada (19.9), Connecticut (18.7), Puerto Rico (17.9), Georgia (17.3), New York (17.2) Seven states reported there were 52,305 claims for Pandemic Emergency Unemployment Compensation.

Puerto Rico 140

Puerto Rico Rhode Island West Virginia Connecticut 140

PYMNTS

DECEMBER 28, 2020

Headquartered in Stamford, Connecticut, and privately held, cxLoyalty said it serves some 70 million people across 19 countries. He added in the statement that he anticipates the transition will go smoothly and noted that the company’s staff "worked tirelessly to achieve this milestone.”.

Connecticut 282

Connecticut Groups Customer Experience Cards 282

Banking Exchange

AUGUST 17, 2020

Individuals without access to basic banking services can now open accounts through a state-wide initiative being rolled out across Connecticut Community Banking People Covid19 Customers Fair Lending Feature3 Feature.

Connecticut 78

Connecticut Community Bank Lending Community 78

American Banker

AUGUST 15, 2021

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Connecticut 81

Connecticut Management 81

American Banker

AUGUST 1, 2022

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Connecticut 74

Connecticut Community Bank Community Technology 74

PYMNTS

JUNE 23, 2020

However, it will now start on July 16 of next year in Connecticut at the Mohegan Sun Arena and will conclude at the Hollywood Bowl on Oct. Tickets bought in the past can be used for the revised dates, or those who aren’t able to go can seek a reimbursement. The tour was first set for July to September of this year.

Connecticut 141

Connecticut Georgia Atlanta Seattle 141

American Banker

NOVEMBER 23, 2022

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Connecticut 83

Connecticut 83

American Banker

NOVEMBER 15, 2021

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Connecticut 101

Connecticut Community Bank Community Fintech 101

American Banker

MAY 11, 2016

First Connecticut Bancorp in Farmington has committed to making $5 million in small-business loans over the next year.

Connecticut 28

Connecticut Lending Community Bank Community 28

American Banker

NOVEMBER 21, 2022

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Connecticut 69

Connecticut Massachusetts Lending 69

PYMNTS

JANUARY 14, 2021

In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business. Plus, Grab Financial raised $300 million.

eBook 130

eBook Connecticut Bitcoin Retail 130

BankDeals

AUGUST 6, 2020

Millbury National Bank's Kasasa Cash and Kasasa Saver are available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.

Rhode Island 82

Rhode Island New Hampshire National Vermont 82

American Banker

AUGUST 25, 2022

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Connecticut 81

Connecticut 81