Weekly Bulletin

March 2, 2012

SECTION I
This section records the receipt of applications and notices to the Banking Division of the Department of Financial Services. Applications and notices received by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of receipt; applications and notices received by Mortgage Banking are listed at the end of Section I by type of application or notice. THE WEEKLY BULLETIN CONSTITUTES THE ONLY WRITTEN NOTIFICATION OF THESE SUBMISSIONS THAT WILL BE ISSUED BY THE DEPARTMENT.
Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the Department within 10 calendar days of the date of this bulletin, unless a different time period is specified in the item. More specifically, such comments or objections, including any that concern CRA-related applications, should be either (a) delivered by mail or in person to Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by e-mail to Comments@dfs.ny.gov.This Weekly Bulletin may also be viewed online at the Department’s Web site at: http://www.dfs.ny.gov

SECTION II
Section II records actions taken by the Superintendent of Financial Services, and other information concerning the activities of the Banking Division of the Department of Financial Services. Actions relating to institutions supervised by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of action; actions relating to institutions supervised by Mortgage Banking are listed at the end of Section II by type of action taken.

GENERAL INFORMATION
Each item in the Weekly Bulletin is identified by a two-letter code indicating the type of institution and a three-letter code indicating the unit of the Department which has supervisory responsibility for the institution. The following is a list of the codes and their meanings:

INSTITUTION CODES

BK	Bank
BP	Budget Planner
CC	Check Casher
CU	Credit Union
FA	Foreign Agency
FB	Foreign Branch
FR	Foreign Representative Office
HC	Holding Company
IC	Investment Company
LL	Licensed Lender
MK	Merchant Bank
MI	Miscellaneous

MB	Mortgage Banker
BR	Mortgage Broker
MS	Mortgage Servicer
PF	Premium Finance Agency
PB	Private Banker
SD	Safe Deposit Company
SF	Sales Finance Agency
SL	Savings and Loan Association
SB	Savings Bank
TM	Transmitter of Money
TR	Trust Company

REGULATORY UNIT CODES

CRB	Community and Regional Banks
CSD	Consumer Services
FWB	Foreign and Wholesale Banks
LFS	Licensed Financial Services
MBD	Mortgage Banking

SECTION l

February 27, 2012 (SB-CRB)
THE DIME SAVINGS BANK OF WILLIAMSBURGH
209 Havemeyer Street, Brooklyn, New York 11211

Application, pursuant to Section 412 of the Banking Law, for conversion of The Dime Savings Bank of Williamsburgh from a federal savings association to a state-chartered savings bank under the name of The Dime Savings Bank of Williamsburgh, received.

February 28, 2012 (BK-CRB)
CATSKILL HUDSON BANK
4438 Route 42 North, Thompson, NY 12701

Application dated February 10, 2012 for permission to change the location of branch office from 195 Lake Louise Marie Road, Rock Hill, Town of Thompson, Sullivan County, NY 12775 to 244 Rock Hill Drive, Rock Hill, Town of Thompson, Sullivan County, NY 12775, received.

February 29, 2012 (BK-CRB)
CMS BANK
40 East First Street, Mount Vernon, NY 10550

Organization Certificate received.

INCORPORATORS:

Thomas G. Ferrara, Pound Ridge, NY
John E. Ritacco, Waccabuc, NY
William V. Cuddy, Jr., White Plains, NY
Susan A. Massaro, Saddle River, NJ
Matthew G. McCrosson, Pleasantville, NY

February 29, 2012 (BK-CRB)
CMS BANK
40 East First Street, Mount Vernon, NY 10550
COMMUNITY MUTUAL SAVINGS BANK
40 East First Street, Mount Vernon, NY 10550

Application, pursuant to Section 601 of the Banking Law, to merge Community Mutual Savings Bank with and into CMS Bank (in formation), under the name CMS Bank, received.

February 29, 2012 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA 01201

Application dated February 24, 2012 for permission to open and occupy a branch office at 576 North Greenbush Road (Route 4), Town of North Greenbush, Rensselaer County, NY 12144, received.

February 29, 2012 (TM-LFS)
NOTEWORLD LLC U/A/N NOTEWORLD SERVICING CENTER
1001 Pacific Avenue, Suite 200, Tacoma, WA 98402

Notification of changing its corporate and U/A/N name from NoteWorld LLC U/A/N NoteWorld Servicing Center to Mercord LLC U/A/N Mercord was received.

The publication of receipt of this notification does not indicate that the notification is deemed complete. A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.

March 1, 2012 (SF-LFS)
SNAAC GROUP HOLDINGS LLC
1345 Avenue of the Americas, 46th Floor, New York, New York County, NY 10105

CF SNAAC HOLDINGS LLC
1345 Avenue of the Americas, 46th Floor, New York, New York County, NY 10105

SNAAC INVESTORS LLC
1345 Avenue of the Americas, 46th Floor, New York County, New York, NY 10105

Application for an indirect change of control of Security National Automotive Acceptance Company, LLC, an Article 11-B sales finance company, under Section 492-a of the Banking Law, was received.

The publication of receipt of the application does not indicate that the application is deemed complete. The application is deemed complete and filed when all required and requested information have been provided to the Department by the applicants.

Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law received for examination:

February 23, 2012 (BR-MBD)
Applicant(s)
Edward William Kenmure, III
As: United Community Mortgage Corporation
35 Broad Street, Keyport, NJ 07735 1267

February 24, 2012 (BR-MBD)
Applicant(s)
Michael Monteforte
As: Helping Hand Mortgage, Inc.
480 Forest Avenue, Suite 527, Locust Valley, NY 11560 2118

Application to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law received for examination:

February 27, 2012 (MB-MBD)
Applicant(s)
Robert Patrick Tagliareni
Justin M. Tagliareni
Jose R. Cruz
As: Lending Unlimited, L.L.C.
In Lieu of True Name Mortgage Unlimited, L.L.C.
222 Outwater Lane, Suite 4 B, Garfield, NJ 07026 2652

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent’s Regulations For a control interest:

March 02, 2012 (BR-MBD)
Applicant(s)
Leslie D. Barry
To acquire interest in:
Mortgage Network LLC
635 Plank Road, Clifton Park, NY 12065

Application to establish a Mortgage Banker's Branch received for examination:

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
14 Main Street, Suite 201, Madison, NJ 07940

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
31 West Main Street, 2nd Floor, Freehold, NJ 07728

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
30 Church Street, Suite 220, Belmont, MA 02478

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
24 Arnett Avenue, Suite 105, Lambertville, NY 08530

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
1099 Wall Street West, Suite 137, Lyndhurst, NJ 07071

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
234 Main Street, Suites 202 & 203, Woodbridge, NJ 07095

February 29, 2012 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
14 Ridgedale Avenue, Cedar Knolls, NJ 07927

Mortgage Banker License Name Change Received:

February 27, 2012 (MB-MBD)
From: Homestead Financial Services, Inc.
To: Paragon Home Loans Inc.

Article 12-E Applications received. Individuals listed may not engage in mortgage loan origination activities prior to the approval of their application for licensing. They must also complete all required education, testing and bonding requirements by the dates set forth in Part 420 of the Superintendent’s Regulations which may be found on the Department’s website.

Date of Application	NMLS ID	Name of Applicant	City & State of Residence
May 25, 2010	260361	Vincent Sarrica	Staten Island	NY
May 25, 2011	355161	Charles David Kruse	Columbia	MO
May 25, 2011	361376	Tyler Reece Billington	Columbia	MO
July 25, 2011	540948	Anna Elizabeth Neal	Allen	TX
August 18, 2011	713778	Kyle Patrick-Benore Parsons	Dearborn	MI
August 19, 2011	799187	Steven Craig Lerner	Albany	NY
November 8, 2011	55928	Irene Eleanor Mark	Milford	MA
November 30, 2011	14591	Anthony Frederick Rizzello	Newtown	PA
December 9, 2011	836599	Daniel Andrew Scudieri	Mahopac	NY
January 12, 2012	129861	Ronald Joseph Miles	Westminster	MD
January 17, 2012	825584	Jonathan Yunatanov	Great Neck	NY
February 28, 2012	460203	Justin Pfeifer	Berkeley Heights	NJ

SECTION II

February 22, 2012 (CC-LFS)
BAYHURST CHECK CASHING SERVICE, INC.
8405 20th Avenue, Brooklyn, NY 11214

License to engage in business as casher of checks at 9014 4th Avenue, Brooklyn, NY 11209 was surrendered.

February 23, 2012 (BK-CRB)
AMALGAMATED BANK
275 Seventh Avenue, New York, New York 10001

A restated organization certificate entitled “Restated Organization Certificate of Amalgamated Bank under Section 8007 of the New York Banking Law” was approved and filed with the Office of the Superintendent of Banks on February 23, 2010.

Among other things, the certificate:

Reflects a change in the address of the Bank’s principal Office;
Increases the capital stock of the corporation from Twenty-Four Million Seven Hundred Thousand Dollars ($24,700,000) to Thirty-Seven Million Dollars ($37,000,000), representing the addition of one million two hundred thirty thousand (1,230,000) shares of Class A common stock of par value of Ten Dollars ($10);
Eliminates the preemptive rights of all shares of capital stock;
Eliminates the current classification of directors into three classes; and
Removes the requirement for the affirmative vote of holders of seventy-five percent of all Bank outstanding shares to take certain actions.

February 23, 2012 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Applicant notified in writing that no objection will be interposed to the establishment of three electronic facilities (automated teller machines) at 301 West 11th Street, Wilmington, New Castle County, DE 19801.

February 24, 2012 (CU-CRB)
MUNICIPAL CREDIT UNION
22 Cortlandt Street, New York, New York 10007

Application dated January 11, 2012 for permission to add an additional station at 134-66 Springfield Boulevard, Springfield, New York, approved.

February 29, 2012 (MI-CRB)
TRISTATE CAPITAL BANK
One Oxford Centre, Pittsburgh, PA 15219

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 622 Third Avenue (Suite 2302), Borough of Manhattan, City of New York 10017.

Certificate issued to engage in the business as a Mortgage Broker under Article 12-D of the New York State Banking Law:

February 23, 2012 (BR-MBD)
New Deal Mortgage Group LLC
190 North 10th Street, Unit #202, Brooklyn, NY 11211 9317

License issued to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law:

February 27, 2012 (MB-MBD)
SEFCU Services, LLC D/B/A SEFCU Mortgage Services
621 Columbia Street, Cohoes, NY 12047

February 28, 2012 (MB-MBD)
CCFCU Funding, LLC D/B/A Homeowners Advantage
453 New Karner Road, Albany, NY 12205 3821

License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:

February 27, 2012 (MB-MBD)
Full Service Branch
SEFCU Services, LLC D/B/A SEFCU Mortgage Services
200 Salina Meadows Parkway, Suite 120, North Syracuse, NY 13212

February 27, 2012 (MB-MBD)
Full Service Branch
SEFCU Services, LLC D/B/A SEFCU Mortgage Services
1 Kinderknoll Drive, Kinderhook, NY 12106

February 27, 2012 (MB-MBD)
Full Service Branch
SEFCU Services, LLC D/B/A SEFCU Mortgage Services
1131 Route 55, Lagrangeville, NY 12540

Certificate to engage in the business of a Mortgage Broker surrendered:

February 27, 2012 (BR-MBD)
Lee Ming Fong
11 East Broadway, Suite 14A, New York, NY 10038
Effective Date: February 23, 2012

February 27, 2012 (BR-MBD)
Winston Spencer Waters
671 East 43rd Street, Brooklyn, NY 11203
Effective Date: February 16, 2012

February 27, 2012 (BR-MBD)
Exclusive Capital Consultants, Inc.
527 Townline Road, Suite 304, Hauppauge, NY 11788 2833
Effective Date: February 10, 2012

Mortgage Banker License Address Changes:

February 27, 2012 (MB-MBD)
The Funding Source, LLC
From: 3200 Burnet Street, Syracuse, NY 13206
To: 906 Spencer Street, 2nd Floor, Syracuse, NY 13204

Mortgage Banker Branch License Address Changes:

February 24, 2012 (MB-MBD)
Meadowbrook Financial Mortgage Bankers Corp.
From: 2016 Grand Avenue, Suite 106, Baldwin, NY 11510
To: 700 Veterans Memorial Highway, Suite 100, Hauppauge, NY 11788