Weekly Banking Bulletin

May 31, 2019

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

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

May 28, 2019 (TR-CRB)

MANUFACTURERS AND TRADERS TRUST COMPANY

One M&T Plaza, Buffalo, NY 14203

PREMIER NATIONAL INVESTMENT COMPANY, INC.

One M&T Plaza, Buffalo, NY 14203

Application, pursuant to Section 601 of the New York Banking Law, to merge Premier National Investment Company, Inc. with and into Manufacturers and Traders Trust Company, under the name Manufacturers and Traders Trust Company, received.


May 28, 2019 (TR-CRB)

MANUFACTURERS AND TRADERS TRUST COMPANY

One M&T Plaza, Buffalo, NY 14203

M&T REAL ESTATE TRUST

One M&T Plaza, Buffalo, NY 14203

Application, pursuant to Section 601 of the New York Banking Law, to merge M&T Real Estate Trust with and into Manufacturers and Traders Trust Company, under the name Manufacturers and Traders Trust Company, received.


May 28, 2019 (FR-FWB)

ABSA BANK LIMITED

Absa Towers West, 15 Troye Street, 7th Floor, Johannesburg, 2001, South Africa

Application, pursuant to Section 221-c of the Banking Law, to establish and maintain a representative office at 1460 Broadway, Borough of Manhattan, City of New York 10036, received.


May 29, 2019 (BK-FWB))

SHINHAN BANK AMERICA

330 Fifth Avenue, New York, NY 10001

Application dated May 24, 2019, for permission to change the location of principal office from 330 Fifth Avenue, 4th floor, Borough of Manhattan, City of New York 10001 to 475 Park Avenue South, 4th floor, Borough of Manhattan, City of New York 10016, received.


May 29, 2019 (TM-LFS)

DFS GSD CORP. DBA DISCOVER PAYMENT SOLUTIONS

2402 W. Beardsley Road, Phoenix, AZ 85027-3301

Application received for a license to engage in business as a transmitter of money at 2402 W. Beardsley Road, Phoenix, AZ 85027.

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.


May 31, 2019 (TM-LFS)

ZERO HASH LLC

2 N. LaSalle St., Suite 1400, Chicago, Illinois 60602

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

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 Banker under Article 12-D of the New York Banking Law:

May 29, 2019 (MB-MBD)

Applicant(s)

John Sickler

Julie Ann Burzynski

Mesa Holdings, LLC

Michael Martin Yeager

Mohamed Aijaz Hussain

Muhammad Yaqub Mirza

Safa Trust, Inc.

Stephen Lange Ranzini

Sultana Momotaz Chowdhury

Tami M Haley-Janowicz

University Bancorp

University Bank

As: UIF Corporation

29777 Telegraph Road, Suite 3590, Southfield, MI 48034


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

May 23, 2019 (MB-MBD)

Full Service Branch

American Financial Network, Inc.

155 Water St, Suite 229, Brooklyn, NY 11201

May 23, 2019 (MB-MBD)

Full Service Branch

Cardinal Financial Company, LP D/B/A Sebonic Financial

1377 Motor Pkwy, Ste 100, Islandia, NY 11749

May 24, 2019 (MB-MBD)

Full Service Branch

Cardinal Financial Company, LP D/B/A Sebonic Financial

10 Waterview Blvd, Ste 300, Parsippany, NJ 07054

May 24, 2019 (MB-MBD)

Full Service Branch

Cardinal Financial Company, LP D/B/A Sebonic Financial

115 River Road, Suite 109, Edgewater, NJ 07020


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 NO. NAME OF APPLICANT CITY STATE

September 10, 2018

37772

James D. Murawski

Orchard Park

New York

January 16, 2019

1542879

Josue Vega

Sinking Spring

Pennsylvania

February 1, 2019

1786621

Michael Charles Barbara

Bellmore

New York

February 7, 2019

1752656

Kelvin Mejia Lugo

Yonkers

New York

February 18, 2019

1826926

Furqan Hanif

Floral Park

New York

February 22, 2019

1749300

Diego Rios

Holliswood

New York

February 28, 2019

1273568

William Grausso

Center Moriches

New York

March 29, 2019

20770

Krishnan Swaminathan

Manvel

Texas

April 5, 2019

1025296

Danae Theander

Jupiter

Florida

April 10, 2019

1756532

Yehuda Gestetner

Monsey

New York

April 18, 2019

9267

Sean Holden Baker

Northport

New York

April 24, 2019

113939

Dolly Pamela Fernandes

Paramus

New Jersey

April 25, 2019

208004

Sean Iwersen

Selden

New York

April 29, 2019

488793

Michael Sclafani

Baldwin

New York

April 29, 2019

1828224

Larisa Ann Zambelli

West Islip

New York

May 6, 2019

1656895

David B. Siegel

Berkeley Heights

New Jersey

May 8, 2019

1736872

Richard Sang-Wook Jung

Irvine

California

May 10, 2019

1249529

Fernando Tarani

Bronx

New York

May 10, 2019

1846343

Guy B. Palumbo

Huntington Station

New York

May 16, 2019

715876

Rachel A. Geraci

Newton

New Jersey

May 20, 2019

1842885

Vishnu Aggarwal

Richmond Hill

New York

May 21, 2019

743584

Christopher Adam Cicola

Coram

New York

May 22, 2019

12171

Erin Kay Spears

Orange Park

Florida

May 22, 2019

888639

Cynthia Skylar Kuo

Jacksonville

Florida

May 22, 2019

1036177

Peter Lin

Anaheim

California

May 22, 2019

1498089

Erica Kathlene Patton

Princeton

Texas

May 22, 2019

1522595

Wanda Ivette Camacho

Lake Worth

Florida

May 22, 2019

1522661

Carmen D. Sagastegui-Vizcardo

Boca Raton

Florida

May 22, 2019

1704435

Ashley Alise Gray

West Palm Beach

Florida


SECTION II

May 31, 2019 (TM-LFS)

YAPSTONE, INC.

2121 N. California Blvd., Suite 400, Walnut Creek, CA 94596

Application to engage in the business of a transmitter of money pursuant to Article XIII-B of the Banking Law, was approved effective May 9, 2019.


May 31, 2019 (MI-CM)

OFI GLOBAL TRUST COMPANY

225 Liberty Street, New York, NY 10281

OFI Global Trust Company merged with and into Invesco Trust Company, Houston, Texas effective May 24, 2019.


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

May 29, 2019 (MB-MBD)

Envoy Mortgage, Ltd.

17 Arcadian Avenue, Suite 104, Paramus, NJ 07652

Effective Date: May 21, 2019