The Department of Banking News Bulletin 

 Bulletin # 2034
Week Ending February 14, 2003

This bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be in writing to John P. Burke, Commissioner of Banking, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail to john.burke@ct.gov. Written comments will be considered only if they are received within ten days from the date of this bulletin.

CONSUMER CREDIT DIVISION ACTIVITY

On February 10, 2003, the Commissioner issued a Findings of Fact, Conclusions of Law and Order against Gibson Trust, Inc., located at 4081 North Federal Highway, Suite 110A, Pompano Beach, Florida, which ordered Gibson Trust, Inc. to cease and desist from violating Section 36a-656 of the Connecticut General Statutes and imposed a civil penalty of $7500. The agency's action was based on the fact that the respondent engaged in the business of debt adjustment without a license.