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 |