Weekly Banking Bulletin

March 5, 2021

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

March 3, 2021(TM-LFS)
LL PAY U.S., LLC
335 Madison Avenue, Suite 6F-1, New York, New York 10017

Application received for a license to engage in business as a money transmitter.

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 establish a Mortgage Banker's Branch received for examination:

March 3, 2021 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation
907 Pleasant Valley Avenue, Suite 3, Mount Laurel, NJ  08054

March 3, 2021 (MB-MBD)
Full Service Branch
Finance of America Mortgage LLC
123 North Lake Avenue, Suite 100, Pasadena, CA 91101

March 3, 2021 (MB-MBD)
Full Service Branch
Norwich Commercial Group, Inc.  D/B/A Norcom Mortgage
24 Sanford Street, Suite 2, Glens Falls, NY 12801


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

March 3, 2021 (BR-MBD)
Full Service Branch
Grand Oaks Funding, L.L.C.
360 Town Plaza Ave., Unit 315-D, Ponte Vedra Beach, FL 32081


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
October 7, 2020 63831 Richard Caruz Nailes Jamaica New York
November 9, 2020 1527293 Tiser Kevin Turner Jamaica New York
December 7, 2020 1999477 James Robert Nickerson Cos Cob Connecticut
December 14, 2020 1998655 Hector Fabio Patino White Plains New York
December 18, 2020 1732564 Scott William Mounsey Babylon New York
December 28, 2020 364133 Peter G. Sclavo Eastchester New York
January 18, 2021 12997 Luciano Junior Bongiovi Middle Village New York
January 20, 2021 1142087 Hector N. Velasquez Leesburg Virginia
January 23, 2021 386891 Marc Stephen Eidelkind Northport New York
January 25, 2021 194856 Jeffrey Yearwood Bethlehem Pennsylvania
January 26, 2021 409913 Donna Ann Ranieri Farmingdale New Jersey
January 26, 2021 2036016 Neena Ashlie Maddela Brooklyn New York
January 27, 2021 1603890 Andrew John Stubbins Hampton Bays New York
January 28, 2021 1791431 Charles John Seelinger Massapequa New York
January 29, 2021 1965250 Haendell-Nicephore St. Juste Brooklyn New York
February 1, 2021 16591 Elena Vradii Brooklyn New York
February 4, 2021 430030 Daniel Francis McDermott Cypress Texas
February 4, 2021 2061684 Arnela Nuhanovic Columbia Missouri
February 4, 2021 2082088 Sarah Goldstein Post Henrietta New York
February 5, 2021 1975882 Christian Anthony Paz Carteret New Jersey
February 5, 2021 2055366 Carly Lanzkowsky New York New York
February 7, 2021 2024033 Spenser Lee Warantz Roslyn New York
February 8, 2021 53883 Shimon Meir Rosenberg Brooklyn New York
February 8, 2021 1962333 Samrita Kaur Chandhok Hicksville New York
February 8, 2021 2059071 Joseph John Maring Beaumont California
February 9, 2021 453196 Kimberly Ann Earls Fulton Maryland
February 9, 2021 1934736 Jason A. Weber Farmingdale New York
February 9, 2021 2000395 Corey Dominick Aversano Selden New York
February 9, 2021 2021818 Thomas A. Palazzotto Wading River New York
February 9, 2021 2045883 Adam Christopher Hoer Columbia Missouri
February 9, 2021 2079599 Martin Christy Oetting Columbia Missouri
February 10, 2021 156293 Mayarani Frederica Smith Lake Hopatcong New Jersey
February 10, 2021 1936001 Joy Monique Jackson Charlotte North Carolina
February 10, 2021 1971502 George Yaldo West Bloomfield Michigan
February 10, 2021 1971603 James Edward Vernon Plymouth Michigan
February 10, 2021 2067046 Dana Marie Wienckowski Smithtown New York
February 10, 2021 2081560 Farrukh Nuridinov Brooklyn New York
February 11, 2021 30985 Rifka N. Kesserman Lakewood New Jersey
February 11, 2021 1549361 Sean Gregory Rivers Fort Lee New Jersey
February 11, 2021 1655853 Eric Ott Yaphank New York
February 12, 2021 2056782 Kayla Beth South Cincinnati Ohio
February 15, 2021 1332853 DeShawn Filmore Jones Clinton Township Michigan
February 15, 2021 1957043 Noah Carl Oetting Monroe Michigan
February 15, 2021 1971433 Erin Kathleen Brewer Highland Michigan
February 15, 2021 1971872 Paige Elizabeth Sullins Oak Park Michigan
February 15, 2021 2080324 Lindsey Michele Walker Columbia Missouri
February 15, 2021 2091067 Bradley Brian Dickherber Columbia Missouri
February 16, 2021 179760 Erica Couteller Maspeth New York
February 16, 2021 1971074 Jovan Bobby Spasoski Sterling Heights Michigan
February 18, 2021 486094 Maria Clara Batista Kearny New Jersey
February 19, 2021 273049 Vipin Mahajan North Brunswick New Jersey
February 19, 2021 628231 Jason C. Proietti Webster New York
February 19, 2021 1957289 Themba Lynn Scott St. Clair Shores Michigan
February 23, 2021 1944751 Haley Marie Smith Columbia Missouri
February 23, 2021 2029622 Chase Nathaniel Lyles Columbia Missouri
February 26, 2021 197987 Jonathan Paul Ravens Tampa Florida

SECTION II

February 25, 2021 (CU-CRB)
SUNMARK CREDIT UNION
1187 Troy Schenectady Road, Latham, NY 12110

Approval given to open and maintain a station at 235 Route 9W, Glenmont, Town of Bethlehem, Albany County, NY  12077, on or after February 26, 2021.


February 25, 2021 (PF-LFS)
SUPERIOR PAYMENT PLAN, LLC
6450 Transit Road, Depew, NY 14043

The license to engage in business as a premium finance agency at the following location has been surrendered:
6450 Transit Road, Depew, NY 14043

Effective January 12, 2021, Superior Payment Plan, LLC is no longer authorized to conduct premium finance business in the State of New York.


March 1, 2021 (MI-CRB)
AMALGAMATED FINANCIAL CORP.
275 Seventh Avenue, New York, NY 10001

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 143-a of the Banking Law, as of 8:00 A.M., March 1, 2021, a Plan of Acquisition, dated as of September  4, 2020, and other required documents, providing for the acquisition of all the outstanding shares of common stock of Amalgamated Bank, New York, New York, by Amalgamated Financial Corp., New York, New York.


March 1, 2021 (BK–CRB)
TIOGA STATE BANK
One Main Street, Spencer, NY 14883

Effective March 1, 2021, Tioga State Bank completed a conversion from a New York chartered commercial bank to a federally chartered commercial bank.


March 3, 2021 (PF-LFS)
JOHNSON & JOHNSON PREFERRED FINANCING, Inc. 
200 Wingo Way, Ste 200, Mt. Pleasant, SC 29464

Application filed by Johnson & Johnson Preferred Financing, Inc. to engage in doing business as a premium finance agency located at 200 Wingo Way, Ste 200 MT. Pleasant, SC 29464 was approved effective February 4, 2021.   


March 5, 2021 (CC-LFS)
CHECK SETTLEMENT SERVICES, LLC
16 West Main Street, 7th Floor, Rochester, New York 14614

Application for a license to engage in business as a casher of checks under Article 9-A of the New York Banking Law at 16 West Main Street, 7th Floor, Rochester, New York 14614, withdrawn.


March 5, 2021 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
80-02 Kew Gardens Road, 6th Floor, Suite # 603, Kew Gardens, NY  11415

Application to engage in business as a licensed casher of checks at 179-08 Hillside Avenue, Jamaica, New York 11432, was approved.


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

March 3, 2021 (MB-MBD)
Full Service Branch
East Coast Capital Corp.
551 NW 77th Street, Suite 211, Boca Raton, FL 33487


Mortgage Banker License Address Changes:

March 3, 2021 (MB-MBD)
Plaza Home Mortgage, Inc.
From: 6420 Sequence Drive, Suite 200, San Diego, CA 92121
To: 9808 Scranton Road, Suite 3000, San Diego, CA 92121


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

Date of Approval NMLS # Applicant Name City State Sponsoring Entity
March 3, 2021 22919 Paulette M. Petix Rochester New York Preferred Mortgage Corporation of New York

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
January 14, 2021 197987 Jonathan Paul Ravens Tampa Florida
February 28, 2021 2007115 Spencer Blake Kelly Columbia Missouri
March 2, 2021 624078 Eddie D. Jackson Chantilly Virginia
March 2, 2021 1996304 Andrew Lee Harris Jefferson City Missouri