Weekly Banking Bulletin

August 28, 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

August 19, 2020 (MI-CRB)
CNB BANK
One South Second Street, Clearfield, PA 16830

Application dated August 14, 2020, for permission to open and occupy a branch office at 827 Hopkins Road, Amherst, Erie County, New York 14221, received.


August 19, 2020 (TR-CRB)
POPULAR BANK
11 West 51st Street, New York, NY 10019

Application dated August 19, 2020, for permission to change the location of branch office from 8401 West Oakland Park Boulevard, Sunrise, Broward County, FL 33351 to 3457 North University Drive, Sunrise, Broward County, FL 33351, received.


August 21, 2020 (MI-CRB)
AMALGAMATED FINANCIAL CORP.
275 Seventh Avenue, New York, NY 10001

Application, pursuant to Section 143-a of the Banking Law, to acquire all of the outstanding shares of common stock of Amalgamated Bank, New York, New York, received.


August 25, 2020 (MI-CRB)
BRIDGE BANCORP, INC.
2200 Montauk Highway, Bridgehampton, NY 11932

Application, pursuant to Section 143-b of the Banking Law, to acquire control of Dime Community Bank, Brooklyn, New York, received.

(The control application is necessitated by the proposed merger of Dime Community Bancshares, Inc., the parent corporation of Dime Community Bank, with and into Bridge Bancorp, Inc., the parent corporation of BNB Bank.)

The comment period on this application will expire on September 28, 2020.


August 25, 2020 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, NY 11932

DIME COMMUNITY BANK (BK-CRB)
149 Kent Avenue, Brooklyn, New York 11249

Application, pursuant to Section 601 of the Banking Law, for Dime Community Bank to merge with and into BNB Bank, under the name Dime Community Bank, received.

(It is anticipated that immediately prior to the proposed merger, Dime Community Bancshares, Inc., the parent corporation of Dime Community Bank, will merge with and into Bridge Bancorp, Inc., the parent corporation of BNB Bank.)

The comment period on this application will expire on September 28, 2020.


August 25, 2020 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, NY 11932

Application for the Superintendent’s approval of the “Certificate of Amendment of the Organization Certificate of BNB Bank under Section 8005 of the Banking Law,” providing for the change of name of the bank to “Dime Community Bank,” received.

(The proposed name change is necessitated by the proposed merger of Dime Community Bank with and into BNB Bank, under the name Dime Community Bank.)


August 26, 2020 (MI-CRB)
ROYAL BUSINESS BANK
1055 Wilshire Boulevard, Suite 1200, Los Angeles, CA 90017

Application dated August 17, 2020, for permission to change the location of branch office from 29 Bowery, Borough of Manhattan, City of New York 10002 to 179 Canal Street, Borough of Manhattan, City of New York 10013, received.


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

Application dated August 27, 2020, for permission to open and occupy a branch office at 110 Corcoran Street (Suite 310), Durham, Durham County, North Carolina 27701, received.


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

August 21, 2020 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
500 Campus Drive, Suite 101, Morganville, NJ 07751

August 26, 2020 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
6371 Business Blvd, Suite 102, Lakewood Ranch, FL 34240


Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:

August 26, 2020 (MB-MBD)
Applicant(s)
BNGL Holdco, L.L.C.
BNGL Holdings, L.L.C.
BNGL Parent, L.L.C.
Nicholas Haechler
SOF-11 Investor International Private, SCSp
SOF-11 Investor Management Lux, S.à r.l.
Starwood Opportunity Fund XI Global, L.P.
Starwood Opportunity Fund XI U.S. Institutional SAR, L.P.
Starwood Opportunity Fund XI U.S. Private SAR, L.P.
Starwood XI Management L.P.
Steven M Ujvary
To acquire interest in:
Reverse Mortgage Funding LLC
1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003


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
June 19, 2020

 

1989558

 

Raymond Patrick Smith

 

Stony Brook

 

New York

 

July 3, 2020

 

1979042

 

Michael Richard David

 

Huntington

 

New York

 

July 12, 2020

 

1989402

 

Giovanni M. Belen

 

Glen Oaks

 

New York

 

July 22, 2020

 

1968971

 

Michael Stephen Powers

 

Queens Village

 

New York

 

July 31, 2020

 

4739

 

Kenneth Robert Laudante

 

Mount Sinai

 

New York

 

August 3, 2020

 

1644870

 

Danny Fernandez

 

Miller Place

 

New York

 

August 3, 2020

 

1954745

 

Shaheed Azam Shaw

 

Weston

 

Florida

 

August 10, 2020

 

255232

 

Cassandra Rose Ditchfield

 

Arrington

 

Tennessee

 

August 11, 2020

 

1912692

 

Bryce Alexander Pinkerton

 

Brooklyn Park

 

Maryland

 

August 11, 2020

 

1980549

 

Robert Cunningham

 

Farmingville

 

New York

 

August 11, 2020

 

1982414

 

Phillip Gregory Hazboun

 

Newport Beach

 

California

 

August 12, 2020

 

1603736

 

Bryce Wesley Carey

 

Chicago

 

Illinois

 

August 12, 2020

 

1954106

 

Amanda Jean Crossman

 

Westbury

 

New York

 

August 13, 2020

 

51062

 

Joseph Rosario Salamone

 

Levittown

 

New York

 

August 13, 2020

 

145172

 

Shannon Woods

 

Massapequa

 

New York

 

August 13, 2020

 

1972084

 

Nicholas Anthony Travaglione

 

East Northport

 

New York

 

August 13, 2020

 

1996131

 

Gedolia Steinmetz

 

Brooklyn

 

New York

 

August 14, 2020

 

2000964

 

Brian Thomas Haines

 

Blue Springs

 

Missouri

 

August 14, 2020

 

2001664

 

Timothy Michael Jarrett

 

Lee’s Summit

 

Missouri

 

August 15, 2020

 

1946324

 

Alex Gekhtin

 

Brooklyn

 

New York

 

August 17, 2020

 

728845

 

Charanpreet Singh

 

Woodbury

 

New York

 

August 17, 2020

 

1561020

 

Paul Victor Carlucci

 

Millburn

 

New Jersey

 

August 17, 2020

 

1962871

 

Igor Breger

 

Brooklyn

 

New York

 

August 18, 2020

 

2012168

 

Jesse Manuel Maracallo

 

Bedford Hills

 

New York

 

August 19, 2020

 

20916

 

Doris Nilda Glover

 

Orlando

 

Florida

 


SECTION II

August 27, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

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 2700 North Forest Road, Getzville, Town of Amherst, Erie County, New York 14068, will not result in a significant reduction of banking services in the community to be affected.


Certificate to engage in the business of a Mortgage Broker surrendered:

August 25, 2020 (BR-MBD)
Lionsgate Finance, Inc.
555 Fifth Avenue, 14th Floor, New York, NY 10017
Effective Date: June 10, 2020


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

August 24, 2020 (MB-MBD)
Cliffco, Inc.  D/B/As:
CLOUT WMB
Cliffco Mortgage Bankers
1065 Old Country Road, Suite 205A, Westbury, NY 11590
Effective Date: August 17, 2020


Mortgage Banker License Name Changes:

August 26, 2020 (MB-MBD)
From: PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services

To: PHH Mortgage Corporation D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
Liberty Reverse Mortgage


Mortgage Banker License Address Changes:

August 20, 2020 (MB-MBD)
Cliffco, Inc.  D/B/As:
CLOUT WMB
Cliffco Mortgage Bankers
From: 1065 Old Country Road, Suite #204, Westbury, NY 11590-5693
To: 70 Charles Lindbergh Blvd., Suite 200, Uniondale, NY 11553


Mortgage Banker License Address Changes corrected to reflect:  Mortgage Banker Branch License Address Changes:

August 18, 2020 (MB-MBD)
Guaranteed Rate, Inc.
From: 750 Lexington Avenue, 4th Floor, New York, NY 10022
To: 750 Lexington Ave., Suite 2010, New York, NY 10022


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 # Applicant Name City State Sponsoring Entity
August 26, 2020

 

8851

 

Jeremy Michael Graham

 

East Hartford

 

Connecticut

 

TBI Mortgage Company

 

August 26, 2020

 

41910

 

Gary Michael Marino

 

Nutley

 

New Jersey

 

Guaranteed Rate, Inc.

 

August 26, 2020

 

102070

 

Jasvir Singh

 

Hicksville

 

New York

 

CGAP, Inc.

 

August 26, 2020

 

130356

 

Joseph Aloysius Penrose

 

Clifton Park

 

New York

 

Prosper First Funding Corporation

 

August 26, 2020

 

557707

 

James Matthew Karpinski

 

Mantua

 

New Jersey

 

PHH Mortgage Corporation

 

August 26, 2020

 

674188

 

Jay Randol Jones

 

Frisco

 

Texas

 

Planet Home Lending, LLC

 

August 26, 2020

 

1142355

 

Mario Walker

 

West New York

 

New Jersey

 

All County Capital Corp.

 

August 26, 2020

 

1401334

 

Jason Joseph Atchison

 

Kinnelon

 

New Jersey

 

Bond Street Mortgage, LLC

 

August 26, 2020

 

1422232

 

Christopher Robert Stark

 

West Islip

 

New York

 

Planet Home Lending, LLC

 

August 26, 2020

 

1642586

 

Stephanie Pierce

 

Larchmont

 

New York

 

Quantum Mortgage Corporation

 

August 26, 2020

 

1754631

 

Terry Sabri

 

Far Rockaway

 

New York

 

CrossCountry Mortgage, LLC

 

August 26, 2020

 

1777771

 

Robert Franklin Gardner-Souza

 

Baltimore

 

Maryland

 

Carrington Mortgage Services, LLC

 

August 26, 2020

 

1806451

 

Jared Eric Borodinsky

 

Livingston

 

New Jersey

 

Caliber Home Loans, Inc.

 

August 26, 2020

 

1810789

 

Lori Beth VanTroost

 

Canandaigua

 

New York

 

1st Priority Mortgage, Inc.

 

August 26, 2020

 

1883131

 

Daejaun D. Northover

 

Jersey City

 

New Jersey

 

Mortgage First Direct Inc.

 

August 26, 2020

 

1886696

 

Sheena May Nacario Plohr

 

Irvine

 

California

 

loanDepot.com, LLC

 

August 26, 2020

 

1889882

 

Anas Nawaf Shakir

 

Shelby Township

 

Michigan

 

Quicken Loans, LLC

 

August 26, 2020

 

1905971

 

Lisa Bradshaw

 

Oswego

 

New York

 

1st Priority Mortgage, Inc.

 

August 26, 2020

 

1941694

 

Mohamad Yousef Tiba

 

Dearborn

 

Michigan

 

Quicken Loans, LLC

 

August 26, 2020

 

1941868

 

Brandon Michael Ostrowski

 

Southgate

 

Michigan

 

Quicken Loans, LLC

 

August 26, 2020

 

1942669

 

Yonah Sabel

 

Monsey

 

New York

 

Ark Mortgage, Inc.

 

August 26, 2020

 

1944559

 

Kathleen Patricia McManus

 

Elgin

 

Illinois

 

Royal United Mortgage, LLC

 

August 26, 2020

 

1963498

 

Erin Elizabeth Petrone

 

Rochester

 

New York

 

Hornet Holdings, LLC

 

August 26, 2020

 

1964581

 

Renato Sulaj

 

Brooklyn

 

New York

 

Nationwide Mortgage Bankers, Inc.

 

August 26, 2020

 

1996032

 

Solomon Ungar

 

Monroe

 

New York

 

Astar Home Capital Inc