Weekly Banking Bulletin

November 6, 2020

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,  Licensed Financial Services and Consumer Examination Unit 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 email to [email protected].

SECTION II

This section 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 BR Mortgage Broker  
BP Budget Planner MS Mortgage Servicer  
CC Check Cashier PF Premium Finance Agency  
CU Credit Union PB Private Banker  
FA Foreign Agency SD Safe Deposit Company 
FB Foreign Branch SF Sale Finance Agency
FR Foreign Representative Office SL Savings and Loan Association
HC Holding Company SB Savings Bank
IC Investment Company SL Student Loans
LL Licensed Lender TM Transmitter of Money
MK Merchant Bank TR Trust Company
MI Miscellaneous VC Virtual Currency
MB Mortgage Banker      

Regulatory Unit Codes

CM Capital Markets
CRB Community and Regional Banks
CEU Consumer Examination Unit
FWB Foreign and Wholesale Banks
LFS Licensed Financial Services
MBD Mortgage Banking

SECTION I

October 27, 2020 (TR-CRB)
POPULAR BANK
11 West 51st Street, New York, NY 10019

Notice of intention to close branch office at 66 Court Street, Borough of Brooklyn, City of New York 11201, received.

The comment period on this notice will expire December 7, 2020.


October 27, 2020 (TR-CRB)
POPULAR BANK
11 West 51st Street, New York, NY 10019

Notice of intention to close branch office at 310 East Houston Street, Borough of Manhattan, City of New York 10002, received.

The comment period on this notice will expire December 7, 2020.


October 27, 2020 (TR-CRB)
POPULAR BANK
11 West 51st Street, New York, NY 10019

Notice of intention to close branch office at 1230 Fulton Street, Borough of Brooklyn, City of New York 11216, received.

The comment period on this notice will expire December 7, 2020.


October 27, 2020 (TR-CRB)
POPULAR BANK
11 West 51ST Street, New York, NY 10019

Notices of intention to close branch offices at the following six locations, received:

(1) 2812 Broadway, Borough of Manhattan, City of New York 10025;
(2) 231 West 125th Street, Borough of Manhattan, City of New York, 10027;
(3) 345 Park Avenue South, Borough of Manhattan, City of New York 10010;
(4) 1170 Castle Hill Avenue, Borough of Bronx, City of New York 10462;
(5) 1046 Southern Blvd., Borough of Bronx, City of New York 10459; and
(6) 956 Flatbush Avenue, Borough of Brooklyn, City of New York 11226.

The comment period on these notices will expire December 7, 2020.


October 30, 2020 (BK-CRB)
SAVOY BANK
600 Fifth Avenue (17th Floor), New York, NY 10020
HANOVER MERGER BANK (in formation) (BK-CRB)
80 East Jericho Turnpike, Mineola, NY 11501

Application, pursuant to Section 601 of the Banking Law, for Hanover Merger Bank to merge with and into Savoy Bank, under the name Savoy Bank, received.

(It is anticipated that immediately following the proposed merger, Savoy Bank will merge with and into Hanover Community Bank, under the name Hanover Community Bank.)

The comment period expires on December 7, 2020.


October 30, 2020 (MI-CRB)
HANOVER BANCORP, INC.
80 East Jericho Turnpike, Mineola, NY 11501

Application, pursuant to Section 143-b of the Banking Law, to acquire control of Savoy Bank, New York, NY, received.

(The control application is necessitated by the proposed merger of Hanover Merger Bank with and into Savoy Bank.)

The comment period on this application will expire on December 7, 2020.


October 30, 2020 (BK-CRB)
HANOVER COMMUNITY BANK
2131 Jericho Turnpike, Garden City Park, NY 11040
SAVOY BANK (BK-CRB)
600 Fifth Avenue (17th Floor), New York, NY 10020

Application, pursuant to Section 601 of the Banking Law, for Savoy Bank to merge with and into Hanover Community Bank, under the name Hanover Community Bank, received.

The comment period expires on December 7, 2020.


November 4, 2020 (PF-LFS)
ROYAL PREMIUM BUDGET, INC. DBA STONEMARK
30833 Northwestern Hwy Suite 220, Farmington Hills, MI 48334

Application received for a license to engage in business as a premium finance company.

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.


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

November 3, 2020 (BR-MBD)
Applicant(s)
Jeremy Harridath
As: Peace Home Mortgages, LLC In Lieu of True Name Peace Home Lending LLC
3975 University Drive, Suite 230, Fairfax, VA 22030


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 # Applicant Name City State

March 5, 2020

65993

Antonio Luciano

Valley Cottage

New York

July 9, 2020

1969792

Shmiel Posen

Monroe

New York

July 20, 2020

1070094

Salvatore A. Albano

Farmingdale

New York

August 3, 2020

672335

Nicole Angela Obenshine

Manahawkin

New Jersey

August 11, 2020

1963606

Avi Foox

Staten Island

New York

August 19, 2020

2000967

Edmond Cohee

Olathe

Kansas

September 3, 2020

2002677

Daniel Stephen Moss

Patchogue

New York

September 9, 2020

2010692

Jason Jones

Ossining

New York

September 11, 2020

497824

Tomasz Piotr Jemczura

Columbus

Ohio

September 14, 2020

1599899

Abdel Raouf Nashnoush

Arlington

Virginia

September 15, 2020

624637

Carmen J. Santos

Hackettstown

New Jersey

September 22, 2020

1801589

Andrew John Sannito

East Northport

New York

September 29, 2020

1761420

Joseph Thomas Vignola

Merrick

New York

September 29, 2020

2012914

Xiao Ling Gao

Astoria

New York

September 30, 2020

1810184

Emanuel Steffvon Augustus

New York

New York

October 2, 2020

1251618

Paige Kathryn Hawley

Garden City

New York

October 6, 2020

2015544

Jose Walter Tovar

Englewood

New Jersey

October 7, 2020

1999920

Mofei Chen

Gaithersburg.

Maryland

October 13, 2020

1969899

Patrick Joseph Quick

Patchogue

New York

October 21, 2020

1969405

Zachary Ben Estrin

Short Hills

New Jersey

October 23, 2020

1996304

Andrew Lee Harris

Jefferson City

Missouri

October 27, 2020

1963091

Ahmad Solomon-Earl Coleman

Columbia

Missouri

October 29, 2020

1995131

James Ross Gallo

Tenafly

New Jersey

October 30, 2020

1799536

Michael F. Balboa

Baldwin

New York


SECTION II

October 29, 2020 (MI-CRB)
ROYAL BUSINESS BANK
1055 Wilshire Boulevard, Suite 1200, Los Angeles, CA 90017

Authorization granting permission to open and occupy branch office at 40-48 Main Street, Flushing, Borough of Queens, City of New York 11354, surrendered for cancellation.

Office discontinued as of October 16, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 580 North Main Street, Barnegat Township, Ocean County, NJ 08005, surrendered for cancellation.

Office discontinued as of October 29, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 200 Grand Avenue, Hackettstown, Warren County, NJ 07840, surrendered for cancellation.

Office discontinued as of October 28, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 1965 State Route 57, Hackettstown, Warren County, NJ 07840, surrendered for cancellation.

Office discontinued as of October 29, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 50 East Palisade Avenue, Englewood, Bergen County, NJ 07631, surrendered for cancellation.

Office discontinued as of October 26, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 209 Route 206 South, Chester, Morris County, NJ 07930, surrendered for cancellation.

Office discontinued as of October 27, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office 85 Godwin Avenue, Midland Park, Bergen County, NJ 07432, surrendered for cancellation.

Office discontinued as of October 28, 2020.


October 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 601 Route 72 East, Manahawkin, Ocean County, NJ 08050, surrendered for cancellation.

Office discontinued as of October 26, 2020.


November 2, 2020 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556
EMPIRE NATIONAL BANK
1707 Veterans Highway, Islandia, NY 11749

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 136-b of the Banking Law, as of 11:59 p.m., October 30, 2020, Agreement and Plan of Merger, dated as of October 24, 2019, as amended on December 6, 2019, and August 14, 2020, and other required documents, providing for the merger of Empire National Bank with and into Flushing Bank, under the name Flushing Bank.

The following banking offices of Empire National Bank have become branch offices of Flushing Bank:
1707 Veterans Highway, Islandia, Suffolk County, New York 11749
170 Old Country Road, Mineola, Nassau County, New York 11501
4747 Nesconset Highway, Unit 36, Port Jefferson Station, Suffolk County, New York 11776
1044 William Floyd Parkway, Shirley, Suffolk County, NY 11967


November 3, 2020 (SB-CRB)
APPLE BANK FOR SAVINGS
122 East 42nd Street, New York, NY 10168

Authorization issued to open and occupy a branch office at 32 North Main Street, New City, Rockland County, New York 10956, on or after November 4, 2020.


November 4, 2020 (MI-CRB)
NORTHWEST BANK
Liberty Street at Second Avenue, Warren, PA 16365

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch offices at the following four locations will not result in significant reductions of banking services in the communities to be affected:

1) 3150 Sheridan Drive, Town of Amherst, Erie County, New York 14226;
2) 295 Main Street, Buffalo, Erie County, New York 14023;
3) 3488 Amelia Drive, Town of Orchard Park, Erie County, New York 14127; and
4) 2113 Chili Avenue, Town of Gates, Monroe County, New York 14624.


License to engage in the business of a Mortgage Banker Branch surrendered:

November 4, 2020 (MB-MBD)
United Mortgage Corp. D/B/As:
NY Finest Funding
United Faith Mortgage
2620 Ditmars Blvd., Ground Floor, Astoria, NY 11105
Effective Date: September 23, 2020

November 4, 2020 (MB-MBD)
Guaranteed Rate, Inc.
111 Howard Boulevard, Suite 170-B, Mount Arlington, NJ 07856
Effective Date: August 12, 2020

November 4, 2020 (MB-MBD)
Nationwide Mortgage Bankers, Inc. D/B/As:
Americasa Home Loans
NMBNOW
600 Sylvan Ave, Third Floor, Suite 310, Englewood Cliffs, NJ 07632
Effective Date: October 23, 2020

November 4, 2020 (MB-MBD)
SIRVA Mortgage, Inc.
211 North Broadway, Suite 2130, St. Louis, MO 63102
Effective Date: October 21, 2020

November 4, 2020 (MB-MBD)
Hunt Mortgage Corporation D/B/A Mach 1 Mortgage
400 Perinton Hills Office Park, Suite 430, Fairport, NY 14450
Effective Date: October 21, 2020


Mortgage Banker License Address Changes:

November 4, 2020 (MB-MBD)
Continental Mortgage Bankers, Inc. D/B/A Financial Equities
From: 1025 Old Country Road, Suite STR4, Westbury, NY 11590
To: 1025 Old Country Rd, Suite 120, Westbury, NY 11590


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 # Applicant Name City State

October 29, 2020

1041259

Munna Begum

Thousand Oaks

California

October 29, 2020

1680136

Jason Russel Berkeley

West Palm Beach

Florida

October 31, 2020

1941871

Mohammed Musa Rahman

Harrison Township

Michigan

November 2, 2020

1925263

Joshua Fleming Hulen

Columbia

Missouri

November 3, 2020

1931168

Daniel Stefani

Warren

Michigan

November 4, 2020

1061902

Vincent Zac Darwiche

Northville

Michigan

November 4, 2020

1884789

Dezmond Raymel Perkins

Columbia

Missouri