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New York State Department of Financial Services

Banking Division
Weekly Bulletin

September 28, 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

September 24, 2012 (SB-CRB)
EMIGRANT BANK
5 East 42nd Street, New York, NY 10017

Application, pursuant to Section 337 of the Banking Law, for approval to sell to Apple Bank for Savings, New York, NY, the safe deposit business conducted at 15 branch offices, received.

(The proposed sale is in conjunction with the proposed acquisition by Apple Bank for Savings of these and other branch offices from Emigrant Bank, after the completion of the proposed merger of Emigrant Savings Bank-Manhattan, Emigrant Savings Bank-Brooklyn/Queens, Emigrant Savings Bank-Bronx/Westchester, and Emigrant Savings Bank-Long Island, with and into Emigrant Bank, under the name Emigrant Bank.)


September 25, 2012, 2009 (TM-LFS)
GOOGLE PAYMENT CORP.
1600 Amphitheatre Parkway, Mountain View, CA 94043

Notification of adding an assumed name Google Wallet was received.

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


September 26, 2012 (CC-LFS)
CASHZONE CHECK CASHING CORPORATION.
99 Park Avenue, New York, NY 10016

A notification received for a change of name to CASHZONE FINANCIAL SERVICES, INC., a licensed check casher.

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

Any comments or objections should be submitted in writing, within 10 business days, by October 15, 2012.


September 27, 2012  (BK-CRB)
NEW YORK COMMERCIAL BANK
One Suffolk Square, Islandia, NY 11749

Application dated September 25, 2012 for permission to open and occupy a branch office at 41-11 Bell Boulevard, Bayside, Borough of Queens, City of New York 11361, received.


September 27, 2012  (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Verified Certificate to continue business as Private Bankers, received.

(These Private Bankers are already under the supervision of the Department.  New Certificate submitted by reason of the death of Peter B. Bartlett, a Class 2 Limited Partner.)


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

September 25, 2012 (MB-MBD)
Full Service Branch
1st Priority Mortgage, Inc.
75 Market Street, Oneonta, NY 13820

September 25, 2012 (MB-MBD)
Full Service Branch
1st Priority Mortgage, Inc.
6095 State Route 12, Norwich, NY 13815


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:

September 19, 2012 (MB-MBD)
Applicant(s)
VC Holding Corp., a wholly subsidiary of VC Industry Holdings, Inc.
To acquire all interests in:
Vantium Capital, Inc.
7880 Bent Branch Drive, Suite 150, Irving, TX 75063


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 21, 2008

47097

Timothy Scott Kiernan

Pompton Plains

NJ

June 6, 2012

383476

Christopher Shane Scott

Philadelphia

PA

June 27, 2012

191859

Harvey  Glaser

Jericho

NY

June 28, 2012

328542

Susan Joann Cooley

Chicago

IL

July 10, 2012

919399

Joseph  Wing

Bethpage

NY

July 19, 2012

774614

Cheryl Lou Bacon

Elgin

IL

July 27, 2012

3679

Lou  Mainiero

Wyckoff

NJ

July 31, 2012

318936

David Alan Greenwald

Crystal Lake

IL

August 6, 2012

8587

Keith Allen Freyman

Chicago

IL

August 6, 2012

10001

Darren Eugene Grannemann

McHenry

IL

September 6, 2012

939630

Andrew Henderson Traylor

Atlantic Beach

FL

September 6, 2012

399831

Clint T Bonkowski

Detroit

MI

September 6, 2012

50532

Michael William Cymbala

North Bellmore

NY

September 6, 2012

921659

Stephen Joseph Balanetsky

Beverly

NJ

September 6, 2012

920252

Linda  Drost

Beechhurst

NY

September 6, 2012

907479

Ryan Robert Bruff

Newport

RI

September 19, 2012

224903

Scott Wood Bridges

La Canada

CA


SECTION II

August 31, 2012 (SF-LFS)
FAMILY HOME FINANCIAL SERVICES, INC.
434 Elmont Road, Elmont, Nassau County, NY 11003

License to engage in business as a sales finance company was surrendered.


September 12, 2012 (CC-LFS)
SOUTH ISLAND CHECK CASHING CORP.
301 Merritt Avenue, Wyandanch, NY 11798

License issued to change the location of doing business as a licensed casher of checks from 1601 Straight Path, Wyandanch, NY 11798 to 301 Merritt Avenue, Wyandanch, NY 11798.

In connection with the above license issuance, the original check casher license for 1601 Straight Path, Wyandanch, NY 11798 was surrendered.


September 25, 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 electronic facilities (automated teller machines) at the following five locations:

  1. Sheetz Inc. Convenience Store, 8180 Perry Highway, Summit Township, Erie County, PA 16509;
  2. Sheetz Inc. Convenience Store, 1910 Mount Nebo Road, Ohio Township, Allegheny County, PA 15143;
  3. Sheetz Inc. Convenience Store, 499 Adams Street, Rochester, Beaver County, PA 15074;
  4. Sheetz Inc. Convenience Store, 239 Three Springs Drive, Weirton, Hancock County, WV6062; and
  5. Sheetz Inc. Convenience Store, 900 Milford Street, Clarksburg, Harrison County, West VA 26301.

(Two facilities are to be established at the first location.)


September 25, 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 two electronic facilities (automated teller machines) at Shoppers Food Warehouse, 2000 Gwynns Falls Parkway, Baltimore, MD 21216.


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

September 20, 2012 (MB-MBD)
Omega Financial Services Inc.
1872 Morris Avenue, Union, NJ 07083 3503


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

September 25, 2012 (BR-MBD)
Accelerated Home Services, LLC In Lieu of True Name Accelerated Home Loan, LLC
31 Mansion Ridge Boulevard, Monroe, NY 10950 5569
Effective Date: September 17, 2012


Certificate to engage in the business of a Mortgage Loan Servicer surrendered:

September 25, 2012 (MLS-MBD)
Saxon Mortgage Services, Inc.
4700 Mercantile Drive North, Fort Worth, TX  76137
Effective Date: August 3, 2012


Certificate to engage in the business of a Mortgage Loan Servicer branch surrendered:

September 25, 2012 (MLS-MBD)
Saxon Mortgage Services, Inc.
3701 Regent Boulevard, Suite 200, Irving, TX  75063
Effective Date: August 3, 2012


The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:

September 21, 2012 (BR-MBD)
Nicholas Palumbo d/b/a The Money Express
52 Harrigan Road, Hopewell Junction, NY 12533

September 21, 2012 (BR-MBD)
Wayne Courtney d/b/a Maica Funding
3664 White Plains Rd., 215th/216th St., Bronx, NY 10467

September 24, 2012 (BR-MBD)
Syamni Funding Inc.
135-30 Rockaway Boulevard, Suite 201, South Ozone Park, NY 11420 3023

September 24, 2012 (BR-MBD)
Homequest Mortgage & Financial Services Corporation
250 Fulton Avenue, Suite 420, Hempstead, NY 11550

September 24, 2012 (BR-MBD)
Directcash Mortgage Services, Inc.
2730 Claudia Court, Bellmore, NY 11710

September 24, 2012 (BR-MBD)
Benchmark Home Equities Inc.
1225 Helderberg Avenue, Schenectady, NY 12306 4812

September 24, 2012 (BR-MBD)
Mortgage Locators
36 Wheeler Road, Central Islip, NY 11722 2128

September 25, 2012 (BR-MBD)
Tychor Mortgage Enterprises, Inc.
333 Sylvan Avenue, Suite 101, Englewood Cliffs, NJ 07632 2705


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

September 20, 2012

68518

Carl George Bulgini III

New Canaan

CT

September 21, 2012

210292

Edward Joseph Delaura

Holbrook

NY

September 24, 2012

70516

Gina Marie Kritikos

Glen Head

NY

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