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Public Hearing Notice New Valley Bank & Trust, Springfield – permission to establish a new trust company
Overview of New Valley Bank & Trust, Springfield – permission to establish a new trust company
THE COMMONWEALTH OF MASSACHUSETTS BOARD OF BANK INCORPORATION
The following individuals have associated themselves by written agreement, and are hereby giving notice to the Board of Bank Incorporation (“Board”) of their intention of forming a corporation in accordance with the provisions of Massachusetts General Laws chapter 172, sections 5 and 6, and any and all acts in amendment thereof and, in conjunction therewith, for the purpose of establishing a trust company to be known as:
NEW VALLEY BANK & TRUST
to conduct business from its office in Springfield, Massachusetts.
SUBSCRIBERS
Jeffrey A. Amanti Frank M. Antonacci, Jr. Guy Antonacci
James E. Balise Francis Cataldo Lamont E. Clemons
Frank Colaccino Mathieu D’Amour Rocco J. Falcone II
Francis P. Fitzgerald Jerome Gagliarducci, Jr. James M. Garvey
Aaron E. Goodman Timothy M. Lamotte Peter D. Martins
Sarah M. Morin Dennis M. Murphy James M. Quinn
Derek Salema J. Jeffrey Sullivan
In determining whether or not to approve this petition, the Board must decide whether competition among banking institutions will be unreasonably effected; whether public convenience and advantage will be promoted; and whether other statutory criteria are met by the proposal. A public hearing on this petition will be held on Wednesday, September 5, 2018 beginning at 11:00 a.m. at 1000 Washington Street, 1st Floor, Hearing Room 1E, Boston, Massachusetts. Any person wanting to file comments concerning this petition must file such comments with the Board by Friday, September 14, 2018 at the following address. The Subscribers’ application, and all communications relative to this matter, are available for public inspection at the Division of Banks at 1000 Washington Street, 10th Floor, Boston, Massachusetts 02118-6400.
Board of Bank Incorporation
TERENCE A. McGINNIS
Commissioner of Banks
CHRISTOPHER C. HARDING
Commissioner of Revenue
DEBORAH A. GOLDBERG
Treasurer and Receiver-General