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Guilford Savings Bank Receives OK to Reorganize as Stock Bank

by Diane McLaughlin | Nov 20, 2019 | Banking & Lending, CR Daily, Executive Briefing

Though it does not intend to issue common stock, Guilford Savings Bank plans to reorganize as a stock bank and has received approval from Connecticut’s banking commissioner to move forward.

Legislation Expands Banking Commissioner’s Authority Over Non-Mortgage Licensees

by Bram Berkowitz | May 31, 2018 | Banking & Lending, Industry News

Recent legislation passed by state lawmakers has expanded the banking commissioner’s authority over non-mortgage licensees such as small loan lenders, mortgage and student loan servicers, check cashers, consumer collection agencies, money transmitters and other related entities.

Guilford Savings Bank Receives OK to Reorganize as Stock Bank

Legislation Expands Banking Commissioner’s Authority Over Non-Mortgage Licensees

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