Redlining is a discriminatory practice in which financial services are withheld from neighborhoods that have significant numbers of racial and ethnic minorities. Redlining has been most prominent in the United States, and has mostly been directed against African-Americans. The most common examples involve denial of credit and insurance, denial of healthcare, and the development of food deserts in minority neighborhoods.
The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank and Bank of America in 1998. It is the second-largest banking institution in the United States and the second-largest bank in the world by market capitalization, both after JPMorgan Chase. Bank of America is one of the Big Four banking institutions of the United States. It serves about 10 percent of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
Susan Bysiewicz is an American politician and attorney who has served as the 109th lieutenant governor of Connecticut since 2019. She previously served as the 72nd secretary of the state of Connecticut from 1999 to 2011 and a member of the Connecticut House of Representatives from 1993 to 1999.
Webster Bank is an American commercial bank based in Stamford, Connecticut. It has 177 branches and 316 ATMs located in Connecticut; Massachusetts; Rhode Island; New Jersey; Westchester County, New York; Orange County, New York; Ulster County, New York; Rockland County, New York; and New York City.
The Connecticut Company was the primary electric street railway company in the U.S. state of Connecticut, operating both city and rural trolleys and freight service. It was controlled by the New York, New Haven and Hartford Railroad, which also controlled most steam railroads in the state. After 1936, when one of its major leases was dissolved, it continued operating streetcars and, increasingly, buses in certain Connecticut cities until 1976, when its assets were purchased by the state government.
People's United Financial, Inc., was an American bank holding company that owned People's United Bank. The bank operated 403 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire. It was the second-largest full-service bank in New England, one of the largest in the northeast, and the 46th-largest in the United States.
The Hartford and New Haven Railroad (H&NH), chartered in 1833, was the first railroad built in the state of Connecticut and an important direct predecessor of the New York, New Haven and Hartford Railroad. The company was formed to connect the cities of New Haven, Connecticut, and Springfield, Massachusetts. It built northwards from New Haven, opening its first segment in 1838, and reaching Hartford in December 1839. The company reached Springfield in 1844 under the auspices of the Hartford and Springfield Railroad, a subsidiary chartered in Massachusetts. Branches were later built to Suffield, New Britain, and Middletown and operated by the Hartford and New Haven. The H&NH merged with the New York and New Haven Railroad in 1872, forming the New York, New Haven and Hartford Railroad.
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.
Matthew L. Lesser is an American politician who represents the 9th district in the Connecticut State Senate. A member of the Democratic Party, he was first elected to the State House in 2008, and re-elected in 2010, 2012, 2014, and 2016. He won election to the state Senate from the 9th district in 2018, and was reelected in 2020 and 2022. Lesser unsuccessfully sought the Democratic nomination for Connecticut Secretary of the State in 2022.
Bank regulation in the United States is highly fragmented compared with other G10 countries, where most countries have only one bank regulator. In the U.S., banking is regulated at both the federal and state level. Depending on the type of charter a banking organization has and on its organizational structure, it may be subject to numerous federal and state banking regulations. Apart from the bank regulatory agencies the U.S. maintains separate securities, commodities, and insurance regulatory agencies at the federal and state level, unlike Japan and the United Kingdom. Bank examiners are generally employed to supervise banks and to ensure compliance with regulations.
United Bank was an American bank headquartered in Hartford, Connecticut, and had locations throughout Connecticut, Massachusetts and Rhode Island. The bank was acquired in 2019 by People's United Financial and branches were rebranded or closed.
Farmington Bank was a full-service community bank in Connecticut and western Massachusetts headquartered in Farmington, Connecticut.
The 2018 Connecticut gubernatorial election took place on November 6, 2018, to elect the next governor and lieutenant governor of Connecticut, concurrently with the election of Connecticut's Class I U.S. Senate seat, as well as other elections to the United States Senate in other states, elections to the United States House of Representatives, and various state and local elections. This race's Democratic margin of victory was the closest to the national average of 3.1 points.
Simplii Financial is a Canadian direct bank and the digital banking division of the Canadian Imperial Bank of Commerce (CIBC). It offers no-fee chequing and savings accounts, a VISA credit card, Guaranteed Investment Certificates (GICs), mortgages and mutual funds. These savings and investment products are also eligible for registration under a Tax-Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP).
Robert Vincent Stefanowski is an American businessman and politician.
The Connecticut Juvenile Training School (CJTS) was a juvenile prison in Middletown, Connecticut, that operated under the Connecticut Department of Children and Families from 2001 to 2018. Established in proximity to the Connecticut Valley Hospital (CVH), CJTS held male inmates age 12–17 with capacity for 240 inmates. In 2021, Connecticut governor Ned Lamont announced that he was considering reopening the prison to hold immigrant children.
Long Lane School was a prison for juvenile inmates in Middletown, Connecticut. Historically a prison for delinquent girls, it underwent various name changes, was acquired by the state in 1924, and began housing boys in 1972. Prior to its 2003 closure, it was operated by the Connecticut Department of Children and Families, and was for inmates of the ages 11–16. It was a locked and high-security facility. In its lifetime, Long Lane remained unfenced.
Francisco Lopes Borges is an American politician and business executive who served as Connecticut State Treasurer from 1987 to 1993, succeeding Joan R. Kemler. A member of the Democratic Party, Borges was Connecticut's third Black state treasurer.
