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New York State Department of Financial Services

Weekly Bulletin

July 6, 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 Company

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

June 28, 2012  (SB-CRB)
EMIGRANT SAVINGS BANK - MANHATTAN
250 West 23rd Street, New York, NY 10011

Notice of intention to close branch office at 375 Hudson Street, Borough of Manhattan, City of New York 10014, received.

The comment period on this notice will expire August 6, 2012.


July 2, 2012  (BK-CRB)
GOLD COAST BANK
2929 Expressway Drive North, Islandia, NY 11749

Application dated June 27, 2012 for permission to open and occupy a branch office at 210 Old Country Road (a/k/a 39-47 Mineola Boulevard), Mineola, Nassau County, NY 11501, received.


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

June 28, 2012 (MB-MBD)
Applicant(s)

Alan Emerson
Richard Ward
Daniel Crough Hickey
Edward Goldberg
John R. Hart
Francis R. May
Emigrant Credit Corp
Emigrant Bank
Emigrant Bancorp, Inc.

As: Emigrant Mortgage Company, Inc.
7 Westchester Plaza, Elmsford, NY 10523


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

June 28, 2012 (MB-MBD)
Full Service Branch
RoundPoint Mortgage Company
1300 Piccard Drive, Suite 107, Rockville, MD 20850

June 28, 2012 (MB-MBD)
Full Service Branch
RoundPoint Mortgage Company
11404 Perugino Drive, Las Vegas, NV 89138

July 02, 2012 (MB-MBD)
Full Service Branch
Nationwide Equities Corporation
3389 Long Beach Road, Oceanside, NY 11572

July 02, 2012 (MB-MBD)
Full Service Branch
New Day Financial, LLC
8161 Maple Lawn Boulevard, Suite 475, Fulton, MD 20759

July 02, 2012 (MB-MBD)
Full Service Branch
Sun West Mortgage Company, Inc.
1 Indian Road, Suite 6, Denville, NJ 07834

July 02, 2012 (MB-MBD)
Full Service Branch
Prospect Lending, LLC
In Lieu of True Name
Prospect Mortgage, LLC
900 Walt Whitman Road, Suite LL2, Melville, NY 11747

July 02, 2012 (MB-MBD)
Full Service Branch
Residential Home Funding Corp. D/B/A
RHF Wholesale
21 East Main Street, Mendham, NJ 07945


Application to establish a Mortgage Loan Servicer’s Branch received for examination:

June 29, 2012 (MLS-MBD)
Full Service Branch
American Home Mortgage Servicing Inc.
16675 Addison Road, Addison, TX  75001


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 

February 28, 2012

134061

Edward  Savarese

Bayside

NY

March 27, 2012

350568

Danielle Marie Cerrito

Staten Island

NY

April 26, 2012

485954

Inez M Gomez

Bronx

NY

May 8, 2012

262491

Bridget Morgan Andrassy

Lyndhurst

OH

May 15, 2012

66223

Nicholas Michael Paleologos

Worcester

MA

May 23, 2012

340686

Coleman Alan Hundeby

Irvine

CA

June 8, 2012

64273

Mohendra Seenarine

New Rochelle

NY


SECTION II

June 29, 2012 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 601-b of the Banking Law, as of close of business of June 28, 2012, a Deposit Assumption Agreement, dated as of March 29, 2012, and other required documents, providing for the acquisition of assets and assumption of deposits of Aurora Bank FSB, Wilmington, DE, by New York Community Bank.


June 29, 2012  (BK-FWB)
WOORI AMERICA BANK
1250 Broadway, New York, NY 10001

Approval given to change the location of branch office from 2610 West Olympic Boulevard, Los Angeles, Los Angeles County, CA 90006 to 3360 West Olympic Boulevard, Los Angeles, Los Angeles County, CA 90019, on or after June 30, 2012.


June 29, 2012 (SB-CRB)
THE DIME SAVINGS BANK OF WILLIAMSBURGH
209 Havemeyer Street, Brooklyn, NY 11211

The "Plan of Charter Conversion," dated as of February 23, 2012, together with the "Organization Certificate of The Dime Savings Bank of Williamsburgh," were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of The Dime Savings Bank of Williamsburgh from federal to state charter, pursuant to Section 412 of the Banking Law, under the name The Dime Savings Bank of Williamsburgh. The conversion became effective as of the close of business June 29, 2012.

In addition to the principal office noted above, the bank will maintain the following branch offices:

  • 7524 3rd Avenue, Borough of Brooklyn, City of New York 11209
  • 8520 4th Avenue, Borough of Brooklyn, City of New York 11209
  • 61-38 Springfield Boulevard, Bayside, Borough of Queens, City of New York 11364
  • 2412 Jerusalem Avenue, Bellmore, Town of Hempstead, Nassau County, New York 11710
  • 1545 86th Street, Borough of Brooklyn, City of New York 11228
  • 5003 13th Avenue, Borough of Brooklyn, City of New York 11219
  • 188 Montague Street, Borough of Brooklyn, City of New York 11201
  • 432 Central Avenue, Cedarhurst, Nassau County, New York 11516
  • 59-23 Main Street, Flushing, Borough of Queens, City of New York 11355
  • 2401 Jericho Turnpike, Garden City Park, Town of North Hempstead, Nassau County, New York 11040
  • 253-15 Union Turnpike, Glen Oaks, Borough of Queens, City of New York 11004
  • 814 Manhattan Avenue, Borough of Brooklyn, City of New York 11222
  • 176-47 Union Turnpike, Flushing, Borough of Queens, City of New York 11366
  • 75-23 37th Avenue, Jackson Heights, Borough of Queens, City of New York 11372
  • 1902 Kings Highway, Borough of Brooklyn, City of New York 11229
  • 45-14 46th Street, Long Island City, Borough of Queens, City of New York 11104
  • 2172 Coyle Street, Borough of Brooklyn, City of New York 11229
  • 1775 Merrick Avenue, Merrick, Town of Hempstead, Nassau County, New York 11566
  • 1600 Avenue M, Borough of Brooklyn, City of New York 11230
  • 1000 Port Washington Boulevard, Port Washington, Town of North Hempstead, Nassau County, New York 11050
  • 1931 Turnbull Avenue, Borough of Bronx, City of New York 10473
  • 42-25 Queens Boulevard, Sunnyside, Borough of Queens, City of New York 11104
  • 175 West Merrick Road, Valley Stream, Nassau County, New York 11580
  • 622 Old Country Road, Westbury, Nassau County, New York 11590
  • 24-44 Francis Lewis Boulevard, Whitestone, Borough of Queens, City of New York 11357

June 29, 2012 (SB-CRB)
NORTHEAST COMMUNITY BANK
325 Hamilton Avenue, White Plains, NY 10601

The "Plan of Charter Conversion," dated as of November 30, 2011, together with the "Organization Certificate of NorthEast Community Bank," were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of NorthEast Community Bank from federal to state charter, pursuant to Section 412 of the Banking Law, under the name NorthEast Community Bank. The conversion became effective as of the close of business June 29, 2012.

In addition to the principal office noted above, the bank will maintain the following branch offices:

  • 242 West 23rd Street, Borough of Manhattan, City of New York 10011
  • 1470 First Avenue, Borough of Manhattan, City of New York 10075
  • 1751 Second Avenue, Borough of Manhattan, City of New York 10128
  • 590 East 187th Street, Borough of Bronx, City of New York 10458
  • 87 Elm Street, Danvers, Essex County, Massachusetts 01923
  • 8 North Park Avenue, Plymouth, Plymouth County, Massachusetts 02360
  • 35 Edgell Road, Framingham, Middlesex County, Massachusetts 01701 (authorized but not yet opened)

June 29, 2012 (SB-CRB)
COMMUNITY MUTUAL SAVINGS BANK
40 East First Street, Mount Vernon, NY 10550

The "Plan of Conversion of Community Mutual Savings Bank," dated as of April 18, 2012, together with the "Organization Certificate of CMS Bank," were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of Community Mutual Savings Bank from federal to state charter, pursuant to Section 412 of the Banking Law, under the name CMS Bank. The conversion became effective as of the close of business June 29, 2012.

In addition to the principal office noted above, the bank will maintain the following branch offices:

  • 478 White Plains Road, Town of Eastchester, Westchester County, NY 10709
  • 441 Tarrytown Road, Town of Greenburgh, Westchester County, NY 10607
  • 29 Taylor Square, East White Plains, Town of Harrison, Westchester County, NY 10604
  • 12 South Bedford Road, Mount Kisco, Westchester County, NY 10549

June 29, 2012 (SB-CRB)
FAIRPORT SAVINGS BANK
45 South Main Street, Fairport, NY 14450

The "Plan of Conversion and Reorganization of Fairport Savings Bank," dated as of January 30, 2012, together with the "Organization Certificate of Fairport Savings Bank," were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of Fairport Savings Bank from federal to state charter, pursuant to Section 412 of the Banking Law, under the name Fairport Savings Bank. The conversion became effective as of the close of business June 29, 2012.

In addition to the principal office noted above, the bank will maintain the following branch offices:

  • 2163 Route 250, Town of Penfield, Monroe County, NY 14450
  • 2118 Hudson Avenue, Town of Irondequoit, Monroe County, NY 14617
  • 1075 Ridge Road East, Town of Webster, Monroe County, NY 14580
  • 6797 Pittsford Palmyra Road, Town of Perinton, Monroe County, NY 14450

June 29, 2012 (CC-LFS)
COLLEGE POINT CHECK CASHING, INC.
19-10 Hazen Street, East Elmhurst, NY 11370
License to engage in business as casher of checks at 1942 First Avenue, New York, NY 10029 was surrendered.


July 2, 2012 (FB-FWB)
WESTLB AG
Herzogstrasse 51, 40217 Düsseldorf, Germany

Application, pursuant to Section 203.2 of the Banking Law, to change the name of its branch, located at 7 World Trade Center, New York, New York, 10007 from WestLB AG to Portigon AG, approved.


July 2, 2012  (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Authorization granting permission to open and occupy a branch office at 5 South Academy Street, Wyoming, Wyoming County, NY 14591, surrendered for cancellation.

Office discontinued as of June 27, 2012.


July 3, 2012  (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notification received of the closing of representative office at Bloomsburg University of Pennsylvania, 400 East 2nd Street, Town of Bloomsburg, Columbia County, PA 17815, effective June 26, 2012.

(Office discontinued in conjunction with the establishment by the above institution of a limited purpose branch office at this location.)


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

June 28, 2012 (MB-MBD)
Full Service Branch
Embrace Home Loans, Inc.
800 King Farm Boulevard, Suite 210A, Rockville, MD 20850

June 28, 2012 (MB-MBD)
Full Service Branch
Real Estate Mortgage Network, Inc. D/B/A
Menlo Park Funding
1470 86th Street, Brooklyn, NY 11228

June 28, 2012 (MB-MBD)
Full Service Branch
Real Estate Mortgage Network, Inc. D/B/A Menlo Park Funding
1739 Wallace Avenue, Suite B, Bronx, NY 10462

June 28, 2012 (MB-MBD)
Full Service Branch
New Day Financial, LLC
1000-A West Mechanic Street, Harrisonville, MO 64701

July 03, 2012 (MB-MBD)
Full Service Branch
US Mortgage Corporation
4350 Hylan Boulevard, First Floor Rear, Staten Island, NY 10312


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

June 28, 2012 (BR-MBD)
Full Service Branch
CalCon Mutual Mortgage Corporation
469 7th Avenue, Office #225, New York, NY 10018
Effective Date: June 22, 2012


Mortgage Broker Certificate Address Changes:

June 28, 2012 (BR-MBD)
J.M. Capital Group LLC
From: 229 7th Street, Suite 205, Garden City, NY 11530
To: 20 Broadhollow Road, Suite 2008-B, Melville, NY 11747


Mortgage Banker License Address Changes:

June 29, 2012 (MB-MBD)
Real Estate Mortgage Network, Inc. D/B/A
Menlo Park Funding
From: 70 Grand Avenue, Suite 109, River Edge, NJ 07661
To: 499 Thornall Street, 2nd Floor, Edison, NJ 08837


Mortgage Loan Servicer Address Changes:

June 29, 2012 (MLS-MBD)
Dyck-O-Neal, Inc.
From: 3214 W Park Row Drive, Arlington, TX  76013
To: 1301 South Bowen Road, Suite 140, Arlington, TX  76013

July 2, 2012 (MLS-MBD)
Green Planet Servicing, LLC
From: 10 Research Parkway, Suite 2, Wallingford, CT 06492
To: 321 Research Parkway, Suite 303, Meriden, CT 06450


Mortgage Banker Branch License Address Changes:

June 29, 2012 (MB-MBD)
Real Estate Mortgage Network, Inc. D/B/A Menlo Park Funding
From: 499 Thornall Street, 2nd Floor, Suite 220, Edison, NJ 08837
To: 70 Grand Avenue, Suite 109, River Edge, NJ 07661


Application approved pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for a control interest:

June 28, 2012 (BR-MBD)
Applicant(s)
Conrad M. Gardner
To acquire interest in:
Channel Mortgage LLC
55-25 69th Street, 1st Floor, Maspeth, NY 11378 1806


Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.

Date of Approval

NMLS ID

Name of Applicant

City & State of Residence

Sponsoring Entity

June 29, 2012

62391

Karen Marie Rizzo

Plainview

NY

Township Property Finance & Consulting Corp

July 2, 2012

832457

Victoria Marie Roman

Farmingville

NY

CitiFinancial Company

July 2, 2012

235860

Glenn Anthony La Mattina

Lincoln Park

NJ

US Mortgage Corporation


Applications for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

Date Application Withdrawn

NMLS ID

Name of Applicant

City & State of Residence

June 29, 2012

387922

Friedrich Kennington Walter

Milford

CT

July 2, 2012

114003

Anthony Francis Vaccaro

Mamaroneck

NY

July 2, 2012

433506

Daniel John Pisani

Hicksville

NY

July 3, 2012

813607

Lacey Marie Shaw

Detroit

MI

July 3, 2012

407707

Kenneth  Vargas

Forest Hills

NY

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