Weekly Banking Bulletin

December 27, 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,  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 20, 2019 (MI-CRB)
CNB BANK
1 South Second Street, Clearfield, PA 16830

Notice of intention to close branch office at 6947 Williams Road, Town of Wheatfield, Niagara County, New York 14304, received.

The comment period on this notice will expire January 27, 2020.


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
October 24, 2019 796005 Jason Han Syosset New York
November 5, 2019 1879790 Michelle Sanchez Bay Shore New York
November 6, 2019 1889857 Matthew Justin Nardizzi Brownstown Michigan
November 8, 2019 173404 Matthew Cain Charleroi Pennsylvania
December 2, 2019 847801 Ahmed Fadel Chamander Dearborn Heights Michigan
December 3, 2019 1072291 Walter Zev Lewinson Monroe New York
December 3, 2019 1447461 Philip Monroe Goldsmith Charlotte North Carolina
December 3, 2019 1889865 Maxwell Laverne Monton Detroit Michigan
December 3, 2019 1889919 Asha Ki Tyson Taylor Michigan
December 3, 2019 1889933 Victoria Sophia Ringvelski Detroit Michigan
December 3, 2019 1901666 Michael Mikha Sterling Heights Michigan
December 3, 2019 1901671 Marissa Marie Pawlowski Warren Michigan
December 4, 2019 1901942 Xhon Shameti Ann Arbor Michigan
December 5, 2019 1899222 Kevin Michael Oliver Milford Ohio
December 8, 2019 1876203 Yakov Schneebalg Brooklyn New York
December 9, 2019 1919626 Mariangela Northam Medford New York
December 10, 2019 1888201 Rhiley Michael Eckert Cincinnati Ohio
December 10, 2019 1889903 James Thomas Page Macomb Michigan
December 10, 2019 1890712 Dennis Kid Brentwood New York
December 10, 2019 1898092 Lindsey Elizabeth Johnson Mission Viejo California
December 12, 2019 1867026 Joshua Adam Halter Astoria New York
December 13, 2019 1835930 Matthew Adam Rae Plano Texas
December 13, 2019 1888068 Mitul Patel Irvine California

 


SECTION II

September 23, 2019 (SFC-LFS)
TD AUTO FINANCE LLC
27777 Inkster Road, Farmington Hills, MI 48334

License to engage in business as a sales finance company at 4600 Touchton Road, Bldg. 200, Suite 400, Jacksonville, FL 32246 was surrendered.


December 20, 2019 (TR-FWB)
BROWN BROTHERS HARRIMAN INSTITUTIONAL TRUST COMPANY OF NEW YORK, LLC
140 Broadway, New York, New York 10005

Articles of Organization approved and filed.


December 20, 2019 (TR-FWB)
BROWN BROTHERS HARRIMAN INSTITUTIONAL TRUST COMPANY OF NEW YORK, LLC
140 Broadway, New York, New York 10005

Application for exemption from the deposit insurance requirements of Section 32 of the Banking Law, approved.


December 20, 2019 (MI-CRB)
SUNMARK FEDERAL CREDIT UNION
1187 Troy Schenectady Road, Latham, NY 12110

Application, pursuant to Section 486 of the Banking Law, for the conversion of Sunmark Federal Credit Union to a New York state-chartered credit union, under the name Sunmark Credit Union, with field of membership which would include the community of Fulton, Warren, Saratoga, Schoharie, Albany, Greene, Montgomery, Schenectady, Rensselaer, Dutchess, Westchester, Putnam, Columbia, and Rockland Counties; certain occupational groups and associations of Onondaga County; and 307 select employer groups, approved.


December 23, 2019 (MI-CRB)
HUDSON HERITAGE FEDERAL CREDIT UNION
25 Rykowski Lane, Middletown, NY 10941

Application, pursuant to Section 486 of the Banking Law, for the conversion of Hudson Heritage Federal Credit Union to a New York State-chartered credit union, under the name Hudson Heritage Credit Union, with a community-based field of membership that includes Orange, Dutchess, Ulster, Rockland and Sullivan Counties in New York; Pike County in Pennsylvania; and Sussex County, New Jersey, approved.


December 24, 2019 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, NY 11932

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 55 Main Street, East Hampton, Suffolk County, New York 11937 will not result in a significant reduction of banking services in the community to be affected.


December 24, 2019 (BK-CRB)
MAHOPAC BANK
1441 Route 22, Town of Southeast, NY 10509

Approval given to change the location of branch office from 706 Freedom Plains Road, Poughkeepsie, Dutchess County, New York 12603 to 673 Freedom Plains Road, Poughkeepsie, Dutchess County, New York 12603, on or after December 25, 2019.


December 24, 2019 (BK-CRB)
CATSKILL HUDSON BANK
4438 Route 42 North, Thompson, NY 12701

Approval given to change the location of principal office from 4438 Route 42 North, Thompson, Sullivan County, New York 12701 to 4445 Route 42 North, Thompson, Sullivan County, New York 12701, on or after December 25, 2019.


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

December 12, 2019 (MB-MBD)
Planet Home Lending, LLC D/B/A Planet Home Servicing
321 Research Parkway, STE 303, Meriden, CT 06450


Certificate to engage in the business of a Mortgage Broker surrendered:

December 20, 2019 (BR-MBD)
Good Luck Funding Service, Inc. D/B/A Good Luck Real Estate
7-8 Chatham Square - Suites 603 & 607, New York, NY 10038
Effective Date: December 13, 2019


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

December 20, 2019 (MB-MBD)
Cliffco, Inc. D/B/As:
CLOUT WMB
Cliffco Mortgage Bankers
106-06 Jamaica Avenue, 1st Floor, Richmond Hill, NY 11418
Effective Date: December 13, 2019

December 20, 2019 (MB-MBD)
Cliffco, Inc. D/B/As:
CLOUT WMB
Cliffco Mortgage Bankers
1741 Colden Avenue, Store #1, Bronx, NY 10461
Effective Date: December 13, 2019

December 20, 2019 (MB-MBD)
United Mortgage Corp. D/B/As:
NY Finest Funding
United Faith Mortgage
1717 Hempstead Turnpike, Unit 1A, Elmont, NY 11003
Effective Date: December 13, 2019

December 23, 2019 (MB-MBD)
PHH Mortgage Corporation D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
16675 Addison Road, 1st Floor, Suite 100-A, Addison, TX 75001
Effective Date: December 16, 2019


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 NO. NAME OF APPLICANT CITY STATE SPONSORING ENTITY
December 18, 2019 1179999 Sultana Momotaz Chowdhury Sterling Heights Michigan UIF Corporation
December 19, 2019 1543275 Bryan Russell Deaton Apex North Carolina Genworth Financial Services, Inc.