Weekly Banking Bulletin

December 24, 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

December 17, 2021 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA 01201

Notice of intention to close branch office at 6788 Northern Boulevard, East Syracuse, Onondaga County, New York 13057, received.

The comment period on this notice will expire January 24, 2022.


December 22, 2021 (SB-CRB)
ELMIRA SAVINGS BANK
333 East Water Street, Elmira, NY 14901
EAGLE INTERIM BANK, N.A. (in formation) (MI-CRB)
5790 Widewaters Parkway, DeWitt, New York 13214

Application, pursuant to Section 601 of the Banking Law, for Eagle Interim Bank, N.A. to merge with and into Elmira Savings Bank, under the name Elmira Savings Bank, received.

(It is anticipated that immediately following the proposed merger, Elmira Savings Bank will merge with and into Community Bank, N.A., under the name Community Bank, N.A.)

The comment period on this application expires on January 24, 2022.


December 21, 2021 (MI-CRB)
COMMUNITY BANK SYSTEM, INC. 
5790 Widewaters Parkway, DeWitt, New York 13214

COMMUNITY BANK, N.A. (MI-CRB)
45-49 Court Street, Canton, NY 13617

Applications, pursuant to Section 143-b of the Banking Law, for Community Bank, N.A. to acquire control and Community Bank System, Inc. to indirectly acquire control of Elmira Savings Bank, Elmira, NY, received.

(The control applications are necessitated by the proposed merger of Elmira Savings Bank with and into Community Bank, N.A.)

The comment period on these applications will expire on January 24, 2022.


December 22, 2021 (PF-LFS)
E.T.I. FINANCIAL CORPORATION
1551 Sawgrass Corporate Parkway, Suite 130, Sunrise, Florida 33323

Application received for a change of control filed by Honor Capital Holdings, LLC, which will acquire 100% of the outstanding shares in the indirect parent company of E.T.I. Financial Corporation.
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 licensee.


December 22, 2021 (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 Carl S. Cutler, a Class 2 Limited Partner.)


December 22, 2021 (IC-FWB)
WESTERN UNION FINANCIAL HOLDINGS, LLC
199 Water Street, New York, NY 10038

Application, pursuant to Section 605.8 of the Banking Law, for Western Union Financial Holdings, LLC to sell or convey more than 50% of its assets and to continue its operations and corporate existence, received. 

The comment period for this application will expire January 24, 2022.


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

December 22, 2021 (BR-MBD)
Applicant(s)
Joel Kepecs
As: Brownstone Equity Group Inc.
670 Flushing Ave., Suite 311, Brooklyn, NY 11206


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

December 17, 2021 (MB-MBD)
Full Service Branch
RoundPoint Mortgage Servicing Corporation
1000 21st Avenue North, Unit 10, Myrtle Beach, SC 29577

December 17, 2021 (MB-MBD)
Full Service Branch
Draper and Kramer Mortgage Corp.
333 Route 46 West, Suite 104, Mountain Lakes, NJ 07046

December 17, 2021 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
2615 Main St., First Floor, Glastonbury, CT 06033

December 17, 2021 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
5629 Strand Boulevard, Suite 403, Naples, FL 34110

December 17, 2021 (MB-MBD)
Full Service Branch
Allied Mortgage Group, Inc.
201 International Circle, Suite 230, Office 215, Hunt Valley, MD 21030

December 17, 2021 (MB-MBD)
Full Service Branch
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
15200 Jog Road, Unit 202, Delray Beach, FL 33446

December 17, 2021 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
728 Maple Street, Conshohocken, PA 19428

December 17, 2021 (MB-MBD)
Full Service Branch
RoundPoint Mortgage Servicing Corporation
9 Eves Drive, Suite 190, Marlton, NJ 08053


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

December 17, 2021 (BR-MBD)
Full Service Branch
Atlantic Home Capital, Corp.
5200 NW 33rd Ave., Suite 202, Fort Lauderdale, FL 33309


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 2, 2021 2068402

Jake Leighton Foley

Commack New York
March 22, 2021 2017813

Ravichandran Namakkal

Ozone Park New York
September 16, 2021 1855373

Kenneth Ira Chodock

Bloomfield Hills Michigan
October 19, 2021 208504

Benjamin Akerman

Brooklyn New York
October 27, 2021 2001595

Salvatore Frank Trovato

Deer Park New York
October 29, 2021 21205

Jason William Evans

Foxboro Massachusetts
November 9, 2021 1439140

Mishel Baron

Great Neck New York
November 11, 2021 1950639

Maurice Olonzo Washington

Bay Shore New York
November 11, 2021 2170326

Justin Michael Mankin

Vacaville California
November 18, 2021 1903340

Devin Andrew Bullard

Roanoke Texas
November 19, 2021 1181003

Mary E. Marone

Rochester New York
November 19, 2021 2241286

James Louis Belrose

East Islip New York
November 22, 2021 2230547

Javier E. Kato

Brooklyn New York
November 23, 2021 2183569

Carmela Marie Hanna

Fuquay-Varina North Carolina
December 2, 2021 1665675

James Belling

Rockville Centre New York
December 5, 2021 756649

Thomas Cyril DuSell

Elgin Illinois
December 5, 2021 2138867

Amanpreet Singh

South Richmond Hill New York
December 6, 2021 2222859

Cassandra Louise Meuret

Newport Beach California
December 7, 2021 147328

William Leroy Metalsky

Doylestown Pennsylvania
December 7, 2021 166177

David Zybin

Keansburg New Jersey
December 7, 2021 1269104

Stephen Edward Bossio

Mountain Lakes New Jersey
December 9, 2021 219043

Scott David Schneiderman

Chicago Illinois
December 10, 2021 2247965

Henry Ray Walde

Columbia Missouri
December 13, 2021 2076164

Damon Robert Bodine

Queens New York
December 15, 2021 1951088

Hunter Thomas Christopher Wubbenhorst

Northport New York

SECTION II

December 15, 2021 (TM-LFS)
WISE US INC.
19 W 24th Street, 9th Floor, New York, New York, 10010

Application for the legal name change from TransferWise Inc. to Wise US Inc. was approved effective December 15, 2021.


December 20, 2021 (CU-CRB)
MUNICIPAL CREDIT UNION
22 Cortlandt Street, New York, NY  10007

Approval given to change the location of its station from 2 Lafayette Street, New York, New York County, NY 10007 to 86 Chambers Street, also known as 270 Broadway, New York, New York County, NY 10007, on or after December 21, 2021.


December 21, 2021 (BK-CRB)
ALMA BANK
28-31 31st Street, Astoria, NY 11102

Authorization issued to open and occupy a branch office at 196-03 Northern Boulevard, Flushing, Borough of Queens, City of New York 11358, on or after December 21, 2021.


December 23, 2021 (TM-LFS)
WISE US INC.
30 W 26th Street, 6th floor, New York, New York, 10010

Application for change of location from 19 W 24th Street, 9th Floor, New York, New York, 10010 to 30 W 26th Street, 6th floor, New York, New York, 10010 was approved effective December 22, 2021.


Mortgage Banker Branch License Address Changes:

December 22, 2021 (MB-MBD)
loanDepot.com, LLC   D/B/As:
LDWholesale
loanDepot
From: 2600 Michelson Drive, Suite 1500, Irvine, CA 92612
To: 6561 Irvine Center Dr., Suite 100, Irvine, CA 92618


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
December 20, 2021 69364 Roger Sterling Moore Charlotte North Carolina
December 20, 2021 1301966 Carlos A. Torres Rios Rancho Cucamonga California
December 20, 2021 1442092 Karen M. Jones Port St. Lucie Florida
December 20, 2021 1900692 Jessica Ann Conforto Parker Colorado
December 20, 2021 2084709 Aaron Z. Aguirre Houston Texas