Weekly Banking Bulletin

May 8, 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

May 7, 2020 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Application dated May 6, 2020, for permission to open and occupy a branch office at 100 Bayview Circle (Suite 3400), Newport Beach, Orange County, California 92660, received.


Application to engage in the business of a Mortgage Banker under Article 12-D of the New York Banking Law:
May 6, 2020 (MB-MBD)
Applicant(s)
James Anthony Harper
Larry William Henson
Mark William Schlukebier
Robert Lowell Carter
Stephen Keith Brown
As: Achieve Home Mortgage in lieu of Summit Mortgage Corporation
13355 10th Ave N, Suite 100, Plymouth, MN 55441


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

May 6, 2020 (MB-MBD)
Full Service Branch
Equity Now Inc.
52 East High Street, Suite 201, 202, Carlisle, PA 17013


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

May 6, 2020 (BR-MBD)
Full Service Branch
Astar Home Capital Inc
58 Main Street, Suite 103, Bloomingburg, NY 12721


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
April 3, 2020 1723574 Francis Cordeira Long Beach New York
April 13, 2020 1697866 Denise Marie Parrish-Gonzalez Richmond Hill New York
April 15, 2020 1420755 Adam Deng Rego Park New York
April 22, 2020 810814 Jeffrey Brian Steinberg Deerfield Illinois
April 22, 2020 1426564 Robert Fernando Garcia Tampa Florida
April 23, 2020 1777771 Robert Franklin Gardner-Souza Baltimore Maryland
April 30, 2020 181596 Alexander C. Blum Syosset New York

SECTION II

May 1, 2020 (SB-CRB)
FAIRPORT SAVINGS BANK
45 South Main Street, Fairport, NY 14450

Fairport Savings Bank merged with and into Evans Bank, National Association, Angola, New York, effective May 1, 2020.


May 1, 2020 (MI-CRB)
NORTHFIELD BANCORP, INC.
581 Main Street, Suite 810, Woodbridge, NJ 07095

Application, pursuant to Section 143-b of the Banking Law, to acquire control of Victory State Bank, Staten Island, New York, approved.
_________________________________________________________________________

May 1, 2020 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901

Authorization granting permission to open and occupy a branch office at 304 Main Street, Towanda, Bradford County, Pennsylvania 18848, surrendered for cancellation.

Office discontinued as of April 30, 2020.


May 6, 2020 (MI-CRB)
ROYAL BUSINESS BANK
1055 Wilshire Boulevard, Suite 1200, Los Angeles, CA 90017

Authorization granting permission to open and occupy branch office at 238/240 Grand Street, Borough of Manhattan, City of New York 10002, surrendered for cancellation.

Office discontinued as of March 31, 2020.


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

May 6, 2020 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
105 Technology Drive, Suite 2C, Trumbull, CT 06611


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

April 30, 2020 (MB-MBD)
Homebridge Financial Services, Inc. D/B/A Menlo Park Funding
125 High Rock Avenue, Suite 202, Saratoga Springs, NY 12866
Effective Date: April 15, 2020

April 30, 2020 (MB-MBD)
Hunt Mortgage Corporation D/B/A Mach 1 Mortgage
479 Center Street, Lewiston, NY 14092
Effective Date: March 20, 2020


Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.  Approved Conditional in NMLS is a license status and not meant to indicate the actions taken on an application. 

DATE OF APPROVAL NMLS ID NO. NAME OF APPLICANT CITY STATE SPONSORING ENTITY
May 5, 2020 112852 Justin J. Vicino East Hampton Connecticut Guaranteed Rate, Inc.
May 5, 2020 117377 Christopher Hutchens Wilmington North Carolina Guaranteed Rate, Inc.
May 5, 2020 293587 Wesam Berjaoui East Brunswick New Jersey UIF Corporation
May 5, 2020 455898 Robert Ashby Shepherd Severna Park Maryland Guaranteed Rate, Inc.
May 5, 2020 686529 Daniel Joseph Gjeldum Hinsdale Illinois Guaranteed Rate, Inc.
May 5, 2020 913045 Ryan Scott Perussi San Diego California Freedom Mortgage Corporation
May 5, 2020 1662161 Jan Alison Campbell Travelers Rest South Carolina NewRez LLC