Weekly Banking Bulletin

July 26, 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 e-mail 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

July 18, 2019 (TM-LFS)
TRANS-FAST REMITTANCE LLC U/A/N NEW YORK BAY REMITTANCE
44 Wall Street, 4th Floor, New York, New York, 10005

Notification received for the change of location from 44 Wall Street, 4th Floor, New York, New York 10005 to 44 Wall Street, Suite 800, 8th Floor, New York, New York 10005.

The publication of receipt of this notification does not indicate that the notification is deemed complete. A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.


July 19, 2019 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

Notice of intention to close branch office at 4055 Merrick Road, Seaford, Nassau County, NY 11783, received.

The comment period on this notice will expire August 26, 2019.


July 22, 2019 (BK-CRB)
BANK OF AKRON
46 Main Street, Akron, NY 14001

Application dated July 19, 2019, for permission to open and occupy a branch office at 638 Lake Street, Wilson, Niagara County, NY 14172, received.


July 23, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Application dated July 22, 2019, for permission to open and occupy a branch office at 150 North Radnor Chester Road, Radnor Township, Delaware County, Pennsylvania 19087, received.


July 26, 2019 (CC-LFS)
ACTION CHECK CASHING CORP. D/B/A ACTION CHECK CASHING
81-36 Baxter Avenue, Elmhurst, NY 11373

Application received for change of control filed by Action Check Cashing Corp. whereby Barbara Nieves will acquire 51 percent of its issued and outstanding shares while Ramon Nieves retains 49 percent.

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.


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

July 18, 2019 (MB-MBD)
Full Service Branch
American Neighborhood Mortgage Acceptance Company, LLC D/B/As:
AnnieMac Home Mortgage
LOFIDIRECT
4839 Limestone Road, Wilmington, DE 19808

July 19, 2019 (MB-MBD)
Full Service Branch
Parkside Lending, LLC
368 Veterans Memorial Hwy., Suite 6, Commack, NY 11725

July 19, 2019 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
6273 Lake Osprey Drive, Suite 14, Sarasota, FL 34240

July 22, 2019 (MB-MBD)
Full Service Branch
FM Home Loans, LLC D/B/A MR Capital Group
1229 Madison Avenue, 1st Floor, Lakewood, NJ 08701

July 23, 2019 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.  D/B/A Americasa Home Loans
960 Bellmore Avenue, Suite 4, Bellmore, NY 11710


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

July 19, 2019 (BR-MBD)
Full Service Branch
Panam Mortgage & Financial Services, Inc.
267-05 Hillside Avenue, Suite 2B, Floral Park, NY 11004


Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:

July 23, 2019 (BR-MBD)
Applicant(s)
Auvese Pasha
Firstsource Group USA, Inc
Firstsource Solutions Ltd.
Matthew Jeremy Mesmer
Arjun Mitra
Rajesh Subramanian
Venkataraman Krishnamurthy Rajamani
To acquire interest in:
Sourcepoint Solutions In Lieu of True Name Sourcepoint, Inc.
2330 Commerce Park Drive NE, Suite 2, Palm Bay, FL 32905


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

May 4, 2018

1186113

Jonathan T. Kellert

New York

New York

February 21, 2019

61021

Michelle A. Deosaran

Manhasset

New York

April 16, 2019

1772006

Yanping Jiang

Kissimmee

Florida

April 30, 2019

1812665

Mitchell Arlen Levine

Tenafly

New Jersey

May 18, 2019

1406257

Lindsey Marie White

Riverview

Florida

June 4, 2019

92704

Jeryl Lloyd West

Charlotte

North Carolina

June 4, 2019

1772746

Jack Fisher Vejvoda

Ladera Ranch

California

June 17, 2019

34164

Cale Ronald Ferland

Brooklyn

Connecticut

June 17, 2019

222420

Ronald Joseph Abbate

Wanaque

New Jersey

June 17, 2019

1092218

Adil Akberali Gulamhusein

Melbourne

Florida

June 19, 2019

1055114

Nicholas Russell Jubrey

Windsor Locks

Connecticut

June 24, 2019

1865970

Harrison Van Dood

Southampton

New York

June 27, 2019

118468

Joseph Guida

Patchogue

New York

June 27, 2019

1855951

Isiah Matthew-Oliver Trowbridge

Detroit

Michigan

June 28, 2019

1771842

Mason Lee Franklin

Detroit

Michigan

June 28, 2019

1855462

Christina Renee Lund

Ypsilanti

Michigan

July 1, 2019

1822497

Lisa Ann Bianco-Abassi

Southbury

Connecticut

July 2, 2019

1011904

Tobiah Justin Finegan

La Jolla

California

July 2, 2019

1584272

Michael Joseph Rushford

Malta

New York

July 3, 2019

484103

Michael Anthony Suffoletto

Andover

Massachusetts

July 7, 2019

1861636

Beth Lyn Vaccarelli

Eden

New York

July 9, 2019

1784876

Margaret Harnsberger Julian

Knoxville

Tennessee

July 11, 2019

316158

Nuvdeep Singh Bhasin

La Palma

California

July 11, 2019

1797283

Joseph John Perez

Anaheim

California

July 12, 2019

6541

David H. Blumenthal

Merrick

New York

July 12, 2019

177967

Darryl Ari Shurgin

Ronkonkoma

New York

July 12, 2019

203967

Candy B. Robertson

Orlando

Florida

July 12, 2019

373767

Christine Anne Schmidt

Ambler

Pennsylvania

July 12, 2019

1859569

Deirdre Arlena Rose

Mesa

Arizona

July 15, 2019

1603095

Kimberley Ann Howse

Jamison

Pennsylvania

July 16, 2019

1725652

Kyle Andrew Johnston

Reisterstown

Maryland

July 17, 2019

1859573

Melanie Rose Coleman-Robinson

Chandler

Arizona

July 17, 2019

1859580

Rodger Carlton Hunt

Gilbert

Arizona

July 17, 2019

1859587

Eleazar Salazar

Mesa

Arizona


SECTION II

July 19, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at each of the following two locations:

  1. 209 Woodward Avenue, Lock Haven, Clinton County, Pennsylvania 17745; and
  2. 1002 North Seventh Street, Harrisburg, Dauphin County, Pennsylvania 17102.

July 19, 2019 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, NY 11932

Authorization issued to open and occupy a branch office at 1450 Broadway, 37th Floor, Borough of Manhattan, City of New York 10018, on or after July 20, 2019.


July 22, 2019 (MI-CRB)
FIRST REPUBLIC BANK
111 Pine Street, San Francisco, CA 94111

Authorization issued to open and occupy a branch office at 410 10th Avenue, Borough of Manhattan, City of New York 10001, on or after July 23, 2019.


July 23, 2019 (TM-LFS)
APPLE PAYMENTS INC.
20450 Stevens Creek Blvd., Suite 130, Cupertino, California, 95014

Application for change of location from 10101 N. De Anza Blvd., MS42-3API, Cupertino, California, 95014-2264 to 20450 Stevens Creek Blvd., Suite 130, Cupertino, California, 95014 was approved effective July 22, 2019.


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

July 24, 2019 (MB-MBD)
Full Service Branch
United Mortgage Corp.  D/B/As:
NY Finest Funding
United Faith Mortgage
1717 Hempstead Turnpike, Unit 1A, Elmont, NY 11003


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

July 18, 2019 (MB-MBD)
1st Priority Mortgage, Inc.
17 North Broad Street, Suite A, Carthage, NY 13619
Effective Date: July 16, 2019


Mortgage Broker Certificate Name Changes:

July 24, 2019 (BR-MBD)
From: ISGN Solutions, Inc.
To: Sourcepoint Solutions In Lieu of True Name Sourcepoint, Inc.


Application 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 NO. NAME OF APPLICANT CITY STATE

July 19, 2019

1063901

Tiron Sela

Manalapan

New Jersey