Weekly Banking Bulletin

August 7, 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 24, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notice of intention to close branch office at 2212 Hylan Boulevard, Staten Island, Richmond County, New York, 10306, received.

The comment period on this notice will expire September 7, 2020.


July 31, 2020 (TM-LFS)
METAVANTE PAYMENT SERVICES, LLC
4900 W. Brown Deer Road, Milwaukee, Wisconsin 53223

Notification received for use of the DBA PAYTRUST.

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.


August 7, 2020
BITGO NEW YORK TRUST COMPANY LLC.
1270 Avenue of the Americas, Rockefeller Center, New York, NY 10020

 

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


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

August 4, 2020 (BR-MBD)
Applicant(s)
Blerim Ahmetaj
As: Solution One Capital Corp.
1 Timmons Road, Scarsdale, NY 10583


Application received pursuant to Section 594-b of the New York Banking Law and Part 418 of the Superintendent's Regulations for a control interest:

August 5, 2020 (MS-MBD)
Applicant(s)
Suzann Eileen Lindblom
To acquire interest in:
Planet Home Lending, LLC
321 Research Parkway, Meriden, CT 06450


Mortgage Banker Name Change received:

August 5, 2020 (MB-MBD)
From: Quicken Loans Inc.
To: Quicken Loans, LLC


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 # Applicant Name City State Sponsor Name
February 24, 2020 373382 Bradley Dean Benson Sarasota Florida Guaranteed Rate, Inc.
March 17, 2020 1940548 Eduard Gitlin New York New York A&D Mortgage LLC
May 7, 2020 1954222 Dana Tago Hesse Miami Florida Cardinal Financial Company, LP
June 10, 2020 674188 Jay Randol Jones Frisco Texas Planet Home Lending, LLC
June 26, 2020 1058300 Leon R. Tawil Brooklyn New York Prisani Funding Corporation
July 15, 2020 161429 Dahlia F. Samuel Oceanside New York Nationwide Mortgage Bankers, Inc.
July 15, 2020 1942552 Berenildes Gomez Farmingdale New York Intercontinental Capital Group, Inc.
July 20, 2020 31783 Scott M. Pasquariello Clifton Park New York Moneyline New York, LLC
July 20, 2020 1909002 Trevor Ryan Barber Phillipsburg New Jersey Residential Home Mortgage Corporation
July 21, 2020 1843899 Sol R. Dayan Brooklyn New York FM Home Loans, LLC
July 22, 2020 5887 Eric Michael Alvar Kings Park New York Nationwide Mortgage Bankers, Inc.
July 27, 2020 1885616 George Kolotos Baltimore Maryland RealFi Home Funding Corp.

SECTION II

June 5, 2020 (LL-LFS)
ONEMAIN FINANCIAL GROUP, LLC
100 International Drive, 16th Floor, Baltimore, MD, 21202

License to engage in business as a licensed lender at the following location was surrendered:
401 Elmira Road – Suite 6, Ithaca, New York 14850


July 27, 2020 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Authorization issued to open and occupy branch offices at the following two locations:

  1. 3257 E. Guasti Road, Suite 230, Ontario, San Bernardino County, California 91761; and
  2. 21255 Burbank Boulevard, Suite 320, Woodland Hills, Los Angeles County, California 91367,

effective on or after July 24, 2020.


July 29, 2020 (MI-CRB)
SALISBURY BANK AND TRUST
5 Bissell Street, Lakeville, CT 06039

Authorization issued to change the location of branch office from 11 Garden Street, Poughkeepsie, New York 12601 to 278 Mill Street #100, Poughkeepsie, New York, 12601, effective on or after July 30, 2020.


July 30, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization Certificate issued May 15, 2007, granting permission to open and occupy branch office at 21877 Towne Center Drive, Town of Watertown, Jefferson County, New York 13601, surrendered for cancellation.

Office discontinued as of July 24, 2020.


August 4, 2020 (FB-FWB)
DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK
Platz der Republik, 60265 Frankfurt am Main, Germany

Approval given 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, on or after August 5, 2020.


August 7, 2020
BITGO NEW YORK TRUST COMPANY LLC
1270 Avenue of the Americas – Rockefeller Center, New York, New York 10020.

Articles of Organization filed for examination.

ORGANIZERS:

Mike Belshe Alberton, CA United States
Anthony Botticella Sioux Falls, SD United States
James Morgan Montclaiar, NJ United States
Nick Carmi Lloyd Harbor, NY United State
Peter Najarian Westport, CT United States

Certificate issued to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law:

August 3, 2020 (BR-MBD)
TCB FUNDING LLC d/b/a TCB CONSULTS
3512 Quentin Road, suite- LL120, Brooklyn, NY 11234

August 3, 2020 (BR-MBD)
Petra Cephas Inc
27 Clyde Road, Suite 201, Somerset, NJ 08873

August 3, 2020 (BR-MBD)
Welcome Home Mortgage, LLC
1331 Silas Deane Hwy, Suite A, Wethersfield, CT 06109

August 5, 2020 (BR-MBD)
Hudson Shine Capital Inc
35 West Street Suite 203, Spring Valley, NY 10977


Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law. 

Date of Approval NMLS # Applicant Name City State Sponsoring Entity
August 4, 2020 91246 Brian Albert Coughlin North Haven Connecticut Welcome Home Mortgage, LLC
August 4, 2020 207199 Bishoi S. Nageh Marlboro New Jersey Petra Cephas Inc.
August 4, 2020 303061 Alan Herskovic Cedarhurst New York TCB Funding LLC doing business as TCB Consults

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 # Applicant Name City State
November 6, 2019 841789 April Marie Dwyer St. Johns Florida
February 26, 2020 1389406 Gerry Rae Hill Lesch San Antonio Texas
July 16, 2020 869926 Michael Robert Yazhari Hillsboro Oregon