Weekly Banking Bulletin

April 10, 2020

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 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 Cashier MS Mortgage Servicer
CU Credit Union PF Premium Finance Agency
FA Foreign Agency PB Private Banker
FB Foreign Branch SB Savings Bank
FR Foreign Representative Office SD Safe Deposit Company
HC Holding Company SF Sale Finance Agency
IC Investment Company SL Savings and Loan Association
LL Licensed Lender SL Student Loans
MK Merchant Bank TM Transmitter of Money
MI Miscellaneous TR Trust Company
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

April 10, 2020 (TM-LFS)
BAKKT MARKETPLACE, LLC
5660 New Northside Drive, 3rd Floor, Atlanta, GA 30328

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 establish a Mortgage Banker's Branch received for examination:

April 7, 2020 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
105 Technology Drive, Suite 2C, Trumbull, CT 06611


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 ID NO. NAME OF APPLICANT CITY STATE
November 25, 2019 1905039 Joshua Perez Cedar Hill Texas
December 4, 2019 1910127 James Harrison Foringer Bartonville Texas
January 19, 2020 1767862 Abraham Halberstam Brooklyn New York
February 4, 2020 1866601 Mital Chandihok Bethpage New York
February 7, 2020 165042 Marnel Gilbert Garcon Port Jefferson Station New York
February 12, 2020 1929146 David A. Farrell Westbury New York
March 13, 2020 164813 Maria S. Fonseca Coram New York
March 16, 2020 158664 Nathan Edward Nary Portsmouth Rhode Island
March 17, 2020 1899391 Tugce Gul Port Jefferson Station New York
March 19, 2020 1879462 Andrew Mark Saunders Pittsburgh Pennsylvania
March 24, 2020 267457 Julio Andres Johnson Pina Clifton New Jersey
March 26, 2020 1796569 Franco Alberto Celeste Miami Florida
March 27, 2020 1948494 Steven Anthony Rodas West New York New Jersey
April 2, 2020 1922894 Pooja Bhardwaj Floral Park New York

SECTION II

March 31, 2020 (SB-CRB)
NEW YORK COMMUNITY BANK
102 Duffy Avenue, Hicksville, New York, NY 11801

Authorization granting permission to open and occupy a branch office at 405 Park Avenue, Borough of Manhattan, City of New York 10022, surrendered for cancellation.

Office discontinued as of March 20, 2020.


April 2, 2020 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Approval given to change the location of branch office from 71 Broadway, Borough of Manhattan, City of New York 10006 to 111 Broadway, Borough of Manhattan, City of New York 10006, on or after April 3, 2020. (The public accommodation office located at 111 Broadway (8th Floor), Borough of Manhattan, City of New York 10006 will be closed upon the relocation of the branch office.)


April 3, 2020 (BK-CRB)
GOLD COAST BANK
2929 Expressway Drive North, Islandia, New York 11749

Gold Coast Bank merged with and into Investors Bank, Short Hills, New Jersey, effective April 3, 2020.


April 7, 2020 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556

Authorization issued to open and occupy a branch office at 89-12 Sutphin Boulevard, Jamaica, Borough of Queens, City of New York 11435, on or after April 8, 2020.


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

April 8, 2020 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
3160 Crow Canyon Road, Suite 200, San Ramon, CA 94583

April 8, 2020 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
991 US Highway 22 West, Suite 200, Bridgewater, NJ 08807

April 8, 2020 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
10951 White Rock Road, Suite 200, Rancho Cordova, CA 95670


Mortgage Banker Branch License Address Changes:

April 8, 2020 (MB-MBD)
MLB Residential Lending, LLC   D/B/A MLB Mortgage
From: 10 Executive Park Drive, Suite 102, Halfmoon, NY 12065
To: Mercantile Plaza, 37 Boynton Ave, Suite 5, Plattsburgh, NY 12901


Mortgage Loan Servicer Branch License Address Changes:

April 8, 2020 (MS-MBD)
Provident Funding Associates, L.P.  D/B/A Provident Funding
From: 812 San Antonio Street, Suite #L-20, Austin, TX 78701-2228
To: 8627 N. MoPac Expressway, Suite 475, Austin, TX 78759


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 ID NO. NAME OF APPLICANT CITY STATE SPONSORING ENTITY
March 24, 2020 70220 Justin Daniel Brasco North Massapequa New York CrossCountry Mortgage, Inc.
April 2, 2020 1630757 Sara L. Bond Baldwinsville New York Upstate Premier Mortgage, Inc.