Home Tags Connecticut Department of Banking
Tag: Connecticut Department of Banking
The state saw the number of COVID-19-postive cases in its hospitals decline for the first time since the start of the pandemic.
Approximately 1,033 patients have been hospitalized, and statewide fatalities now stand at 165, with Fairfield County accounting for 86 of those deaths.
Gov. Ned Lamont announced an agreement with some 65 credit unions and banks in Connecticut to offer mortgage relief to the state’s residents and businesses who continue to face hardship caused by the global COVID-19 pandemic.
“We’re constantly discussing options for our customers in the face of hardship,” says Patriot Bank President Richard Muskus Jr. “We will do what we can as an organization to help them – the bank is not going to abandon them.”
The lawmakers said they are worried it will have adverse economic impacts in eastern Hartford County due to the high saturation of the two banks in the area.
The Danbury-based bank will continue to operate as usual with its customers regardless of whether the Connecticut Department of Banking approves the move.
Largest single case, against National Credit Adjustors, recovered $1.3 million.
Century Union is licensed to engage in money transmission from Bull Boi Meat Supermarket in Bridgeport and Bem Brasil Market in Danbury.
Banks in New York and Connecticut have been advised by regulatory agencies and law enforcement to beware of threats to their data and computer systems.