Weekly Banking Bulletin

July 24, 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,  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

July 6, 2020 (SF-LFS)
FOUNDATION FINANCE COMPANY LLC U/A/N FOUNDATION FIRST FUNDING
7802 Meadow Rock Dr., Weston, Wisconsin 54476  

Notification received for a change of main address from 7802 Meadow Rock Dr., Weston, Wisconsin 54476 to 10101 Market Street, Suite B100, Rothschild, Wisconsin 54474. 

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 7, 2020 (SF-LFS)
AMERICREDIT FINANCIAL SERVICES, INC. D/B/A BUICK - GMC FINANCIAL, D/B/A BUICK FINANCIAL, D/B/A CADILLAC FINANCIAL, D/B/A CHEVROLET FINANCIAL, D/B/A GM FINANCIAL, D/B/A GMC FINANCIAL
801 Cherry Street, Suite 3600, Fort Worth, Texas, 76102

Notification received for a change of branch address from 101 Gibraltar Road, Suite 150, Horsham, Pennsylvania 19044 to 110 Gibraltar Road, Suite 200, Horsham, Pennsylvania 19044.

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 16, 2020 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Notice of intention to close branch offices at the following six locations, received:

  1. 2 Seneca Street, Ontario, Geneva County, NY 14456
  2. 567 East Main Street, Batavia, Genesee County, NY 14020
  3. 44 Liberty Street, Bath, Steuben County, NY 14810
  4. 217 Prescott Avenue, Elmira Heights, Chemung County, NY 14903
  5. 19 North Main Street, Avoca, Steuben County, NY 14809
  6. 129 North Union Street, Olean, Cattaraugus County, NY 14760

The comment period on this notice will expire August 24, 2020.


July 16, 2020 (FB-FWB)
DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK
Platz der Republik, 60265 Frankfort am Main, Germany

Application dated July 14, 2020, for permission to change the location of branch from 100 Park Avenue, Borough of Manhattan, City of New York 10017 to One Vanderbilt Avenue, Borough of Manhattan, City of New York 10017, received.


July 17, 2020 (TM-LFS)
NETSPEND CORPORATION  
701 Brazos Street, Suite 1200, Austin, Travis, Texas, 78701

Notification received for the change of location from 701 Brazos Street, Suite 1200, Austin, Travis, Texas, 78701 to 5800 Airport Blvd, Austin, Texas 78752.

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 21, 2020 (LL-LFS)
EMEDA FINANCE CORPORATION
574 Midland Ave, Staten Island, NY 10306

Application received for a license to engage in business as a licensed lender. 

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.


July 21, 2020 (TM-LFS)
TOUCHPAY HOLDINGS, LLC
7801 Mesquite Bend Drive, Suite 101, Irving, Texas, 75063

Notification received for the change of location from 7801 Mesquite Bend Drive, Suite 101, Irving, Texas, 75063 to 10005 Technology Blvd. West, Suite 130, Dallas, TX 75220.

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 22, 2020 (TM-LFS)
FICOHSA EXPRESS NEW YORK, LLC
7791 NW 46 Street Suite 414, Doral, Florida, 33166

Notification received for the change of location from 7791 NW 46 Street Suite 414, Doral, Florida, 33166 to 10530 NW 26 Street, F-107, Doral, Florida, 33172.

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 23, 2020 (TM-LFS)
ALIPAY US, INC.
400 El Camino Real- 4th Floor, San Mateo, CA 94492

Application received for change of control filed by Fang (Jane) Jiang, Xiaoming (Simon) Hu and Xiandong (Eric) Jing, who will each acquire 22% of the outstanding shares of an indirect parent in Alipay US, Inc.

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 engage in the business of a Mortgage Broker under Article 12-D of the New York Banking Law received for examination:

July 21, 2020 (BR-MBD)
Applicant(s)
George Vasilios Artemiou
As: State Capital Group Corp.
300A N. Central Ave., Valley Stream, NY 11580


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

July 16, 2020 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
7763 Turin Road, Suite 2, Rome, NY 13440

July 22, 2020 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
125 High Rock Avenue, Suite 207B, Saratoga Springs, NY 12866

July 22, 2020 (MB-MBD)
Full Service Branch
United Northern Mortgage Bankers Limited D/B/As:
Senior Security Advisors
Senior Security Home Advantage
2 Omni Ct., 2nd. Floor, Unit 2L, New City, NY 10956


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

July 17, 2020 (BR-MBD)
Full Service Branch
The Mint Capital Inc
223 Spencer St, Suite #202, Brooklyn, NY 11205


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
December 19, 2019 138947 Robert L. Larson Hazlet New Jersey
March 4, 2020 1646057 Frank Anthony Mendez Bronx New York
March 19, 2020 785410 John Stefan North Brunswick New Jersey
April 24, 2020 591226 Jennifer Ann Goldsby Whitestown Indiana
May 12, 2020 8851 Jeremy Michael Graham East Hartford Connecticut
May 13, 2020 1819848 Chaim Meir Tarkieltaub Lakewood New Jersey
May 29, 2020 230958 Deborah Rader Linard Dublin Ohio
May 29, 2020 1877242 Corey Michael Winograd Delray Beach Florida
June 2, 2020 1901574 Roberto De La Rosa Glendale New York
June 11, 2020 256997 Premlata Gupta Chula Vista California
June 11, 2020 1928670 Avrum S. Schwartz Spring Valley New York
June 15, 2020 26785 John F. Baranowski Lindenhurst New York
June 17, 2020 1869193 Rand William Pear Ridgewood New Jersey
June 17, 2020 1951327 Jason M. Nordyk Medford Lakes New Jersey
June 30, 2020 1994155 Ryan James Dowdy Glenville New York
July 1, 2020 1964581 Renato Sulaj Brooklyn New York
July 2, 2020 162434 Andrew Charles Lightowler Plymouth Minnesota
July 2, 2020 1581294 Gabriela M. Lopez West Haven Connecticut
July 6, 2020 1953702 Erik Michael Visco Columbia Maryland
July 7, 2020 887275 Fidel Lloyd Woodmere New York
July 10, 2020 1422232 Christopher Robert Stark West Islip New York
July 13, 2020 47273 Gary Michael Ayer Miami Florida

SECTION II

April 29, 2020 (SF-LFS)
SECURITY NATIONAL AUTOMOTIVE ACCEPTANCE COMPANY, LLC  
6951 Cintas Blvd., Mason, OH 45040      

License to engage in business as a sales finance company was surrendered.


April 29, 2020 (CC-LFS)
SUNRISE CHECK CASHING SERVICES, LLC 
580 Sunrise Highway, Baldwin, New York, 11510

 

Notification to surrender the license to engage in business as a casher of checks for the Limit Station located at 191 Rodeo Drive, Edgewood, New York 11717, was approved effective April 29, 2020.


June 26, 2020 (CC-LFS)
SUNRISE CHECK CASHING SERVICES, LLC 
580 Sunrise Highway, Baldwin, New York, 11510

Notification to surrender the license to engage in business as a casher of checks for the branch located at 37 West John Street, Hicksville, NY 11801, was approved effective June 26, 2020.


July 17, 2020 (BK-CRB)
BANK OF AKRON
46 Main Street, Akron, NY 14001

Bank of Akron merged with and into CNB Bank, Clearfield, PA, effective July 17, 2020.


July 20, 2020 (BK-CRB)
CATSKILL HUDSON BANK
4445 Route 42 North, Thompson, NY 12701

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 2452 State Route 9, Suite 104, Town of Malta, Saratoga County, New York 12020, will not result in a significant reduction of banking services in the community to be affected.


July 20, 2020 (BP-LFS)
MONEY MANAGEMENT INTERNATIONAL, INC. U/A/N CLEARPOINT CREDIT COUNSELING SOLUTIONS
14141 Southwest Freeway, Sugar Land, Texas 77478

The license to engage in business as a Budget Planner at the following location was surrendered, effective June 30, 2020:

Branch office:  5794 Widewaters Parkway, Syracuse, New York 13214


July 20, 2020 (SF-LFS)
FIRST HELP FINANCIAL, LLC 
199 Wells Avenue Suite 211, Newton, MA 02459

Application filed by First Help Financial, LLC to engage in doing business as a Sales Finance Company located at 199 Wells Avenue Suite 211, Newton, MA 02459 was approved effective June 11, 2020.   


July 22, 2020 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Notification received, in accordance with Supervisory Policy G 8, of the closing of the representative office at 100 Bayview Circle, Suite 320, Newport Beach, Orange County, California 92660, effective July 22, 2020.


July 24, 2020 (TM-LFS)
KWIK DOLLAR LLC D.B.A. DINEX, ENVIOS.COM, REMITPAY.COM
5851 San Felipe St. Suite 400, Houston, TX 77057

Application to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law, was approved.


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

July 16, 2020 (MB-MBD)
Residential Home Funding Corp.  D/B/A RHF Wholesale
64 Division Avenue, Suite 216, Levittown, NY 11756
Effective Date: July 8, 2020

July 16, 2020 (MB-MBD)
Residential Home Funding Corp.  D/B/A RHF Wholesale
28 Bloomfield Avenue, Suite 303, Pine Brook, NJ 07058
Effective Date: July 8, 2020

July 16, 2020 (MB-MBD)
Residential Home Funding Corp.  D/B/A RHF Wholesale
60 Route 46 East, 2nd Floor, Fairfield, NJ 07004
Effective Date: July 8, 2020

July 16, 2020 (MB-MBD)
Residential Home Funding Corp.  D/B/A RHF Wholesale
50A Route 9 North, Suite 305, Morganville, NJ 07751
Effective Date: July 8, 2020


Mortgage Banker License Address Changes:

July 22, 2020 (MB-MBD)
The Money Source Inc.
From: 135 Maxess Road, Melville, NY 11747
To: 3138 E. Elwood Street, Phoenix, AZ 85034


Mortgage Broker Certificate Address Changes:

July 22, 2020 (BR-MBD)
Financial Triangle, Inc.
From: 1205 Lincoln road, suite 201, Miami Beach, FL 33139
To: 1205 Lincoln Road, Suite 204, Miami Beach, FL 33139


Mortgage Banker Branch License Address Changes:

July 22, 2020 (MB-MBD)
The Money Source Inc.
From: 1910 West University Drive, Suite 215, Tempe, AZ 85281
To: 135 Maxess Road, Melville, NY 11747


Applications 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 ID NO. NAME OF APPLICANT CITY STATE
July 16, 2020 1247652 Abigail Marie Chester Ellicott City Maryland