Weekly Banking Bulletin
May 15, 2020
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] .
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.
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:
|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|
Regulatory Unit Codes
|CRB||Community and Regional Banks|
|CEU||Consumer Examination Unit|
|FWB||Foreign and Wholesale Banks|
|LFS||Licensed Financial Services|
March 30, 2020 (BP-LFS)
CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER, INC. DBA RETHINKINGDEBT.ORG
1000 University Avenue, Suite 900, Rochester, NY 14607
An application was received for a license to engage in business as a budget planner at the following branch location:
5600 Brainerd Road, Suite E-1, Chattanooga, TN 37411
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.
May 12, 2020 (SF-LFS)
1930 W. Rio Salado Pkwy, Tempe, Maricopa County, AZ 85281
Application received for a license to engage in business as a sales finance company.
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 Loan Servicer under Article 12-D of the New York Banking Law received for examination:
May 13, 2020 (MS-MBD)
Eric Lin Chiang
Jerold Monik Jeffcoat
Jonathan Randy Hsu
As: Peach Street, Inc.
3100 West Ray Road, Suite 201, Office 263, Chandler, AZ 85226
Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:
May 13, 2020 (MB-MBD)
SIF V, LLC
Investure PE Fund, LP-Series 2
James Andrew Morrissey
Marek Grzegorz Skawinski
To acquire interest in:
Tammac Holdings Corporation
613 Baltimore Drive, Suite 1, Wilkes Barre, PA 18702
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|
|January 9, 2020||1664146||Ross Heaton||Sparkill||New York|
|February 25, 2020||1921918||Giselle Elaine Blacker||Arvada||Colorado|
|February 26, 2020||1828264||Jacob Schonfeld||Monsey||New York|
|March 4, 2020||1922407||Anthony Charles Spiteri||East Northport||New York|
|March 5, 2020||1893242||Robert J. Guerrin||Garden City||New York|
|March 6, 2020||1867763||Yair Moshe Ausubel||Oceanside||New York|
|March 9, 2020||21374||James Christopher Earl||Southington||Connecticut|
|March 10, 2020||1339572||Joshua James Gayle||Huntington Station||New York|
|March 11, 2020||107275||Ross C. Shapiro||Washington||District of Columbia|
|March 23, 2020||8596||Robert Joseph Chiusano||Cherry Hill||New Jersey|
|April 8, 2020||1359522||Krystal Basile||Colts Neck||New York|
|April 18, 2020||1820402||Chandra Maria Young||Brooklyn||New York|
|April 22, 2020||64433||Chaim Wielgus||Brooklyn||New York|
|April 30, 2020||1898206||Travis John Tauzin||Corinth||Texas|
April 20, 2020 (MI-CRB)
COMMUNITY BANK SYSTEM, INC.
5790 Widewaters Parkway, DeWitt, New York 13214
Application, pursuant to Section 143-b of the Banking Law, to acquire control of Steuben Trust Company, Hornell, New York, approved.
May 15, 2020 (TM-LFS)
ERIS CLEARING, LLC
111 S. Wacker Drive, Suite 4730, Chicago, IL 60606
Application approved to engage in business as a transmitter of money pursuant to Article XIII-B of the Banking Law.
Mortgage Banker License Name Changes:
May 13, 2020 (MB-MBD)
From: Promontory Fulfillment Services LLC
To: Promontory MortgagePath LLC
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|
|May 6, 2020||69072||Eliyahu T. Rosenberg||Brooklyn||New York||FM Home Loans, LLC|
|May 7, 2020||184351||Georgios Elias Pantelaros||New Rochelle||New York||Mortgage World Bankers, Inc.|
|May 8, 2020||244814||Maureen Catherine Vella||Bayville||New York||Nationwide Mortgage Bankers, Inc.|
|May 11, 2020||383875||Hongyu Guo||Manhasset||New York||State Farm Bank, FSB|