Weekly Banking Bulletin
January 22, 2021
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
January 15, 2021 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, NY 11932
Notice of intention to close branch office at 2222 Merrick Road, Merrick, Nassau County, New York 11566, received.
The comment period on this notice will expire February 22, 2021.
January 15, 2021 (BK-CRB)
DIME COMMUNITY BANK
149 Kent Avenue, Brooklyn, New York 11249
Notice of intention to close branch office at One Huntington Quadrangle, Melville, Town of Huntington, Suffolk County, NY 11747, received.
The comment period on this notice will expire February 22, 2021.
January 19, 2021 (TM-LFS)
WESTERN UNION BUSINESS SOLUTIONS (USA), LLC
1152 15th Street NW, 7th Floor, Washington, DC 20005
Notification was received for the change of headquarter location from 1152 15th Street NW, 7th Floor, Washington, DC 20005 to 7001 E. Belleview Avenue, Denver, Colorado 80237.
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.
January 19, 2021 (TM-LFS)
ACI PAYMENTS, INC. DBA OFFICIAL PAYMENTS
6060 Coventry Drive, Elkhorn, Nebraska 68022
Notification received for discontinuance of the dba Official Payments.
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.
January 20, 2021 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Notice of intention to establish electronic facility (automated teller machine) at 2328 Hanover Pike, Hampstead, Carroll County, MD 21074, received
Application to engage in the business of a Mortgage Loan Servicer under Article 12-D of the New York Banking Law received for examination:
January 19, 2021 (MS-MBD)
Applicant(s)
John Edward O'Keeffe
Kevin Chiu-Yu Ng
Morgan Stanley
Steven Scott Stern
As: Morgan Stanley Mortgage Capital Holdings LLC
1585 Broadway, New York, NY 10036
Application to establish a Mortgage Banker's Branch received for examination:
January 14, 2021 (MB-MBD)
Full Service Branch
Jet Direct Funding Corp. D/B/As:
Jet Direct Mortgage
Senior Reverse Network
11801 Pierce Street, Suite 200, Riverside, CA 92505
Application to establish a Mortgage Broker's Branch received for examination:
January 14, 2021 (BR-MBD)
Full Service Branch
CGAP, Inc. D/B/A MortgageDepot
3901 Main St., Suite 1, Flushing, NY 11354
Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:
January 14, 2021 (MB-MBD)
Applicant(s)
loanDepot, Inc.
To acquire interest in:
loanDepot.com, LLC D/B/As:
LDWholesale
loanDepot
26642 Towne Centre Drive, Foothill Ranch, CA 92610
January 20, 2021 (MB-MBD)
Applicant(s)
Alexandra Skestos Holmes
DMC Funding in lieu of true name Developer's Mortgage Company
James W Phieffer
Jason J Skestos
Justine A Skestos
Linda K Heaston
Mark Douglas Vogel
Stephanie Skestos Gabriele
Richard Taylor Stork
To acquire interest in:
G. & M. Wolkenberg, Inc
2838 Long Beach Road, Oceanside, NY 11572
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 |
|---|---|---|---|---|
| October 27, 2020
|
460196
|
James S. Dorcely
|
West Orange
|
New Jersey
|
| December 7, 2020
|
1957586
|
Shimon Ruben
|
Brooklyn
|
New York
|
| December 14, 2020
|
1541241
|
Melanie Cronin
|
West Palm Beach
|
Florida
|
| December 14, 2020
|
2044096
|
Terrence Eugene Holliday
|
Tuckahoe
|
New York
|
| December 21, 2020
|
1421466
|
Danielle A. Adornato
|
Kings Park
|
New York
|
| December 29, 2020
|
602064
|
Robert M. Villano
|
Ronkonkoma
|
New York
|
| December 29, 2020
|
2053638
|
Joseph Patrick Fulkerson
|
Hallsville
|
Missouri
|
| January 4, 2021
|
2028070
|
Natalia Arias
|
Englewood
|
New Jersey
|
| January 5, 2021
|
409934
|
Marc Schneider
|
Berkeley Heights
|
New Jersey
|
| January 6, 2021
|
2050927
|
Kyle Jonathon Bradley
|
Columbia
|
Missouri
|
| January 7, 2021
|
1417604
|
Mario Gonzalez
|
Huntington Beach
|
California
|
| January 7, 2021
|
1840160
|
Jeanmarie Griffo
|
Point Lookout
|
New York
|
| January 7, 2021
|
1939795
|
Kevin Robert Barber
|
Dallas
|
Georgia
|
| January 8, 2021
|
982054
|
Charles Hilton Burson
|
Long Beach
|
California
|
| January 8, 2021
|
1268834
|
Mark Andrew Dayton
|
Santa Ana
|
California
|
| January 8, 2021
|
1624359
|
Joseph Vincent Lopez
|
Chino Hills
|
California
|
| January 12, 2021
|
2033801
|
Hayden Edward Birkey
|
Indianapolis
|
Indiana
|
| January 14, 2021
|
75752
|
William Hoogkamp
|
Delanson
|
New York
|
SECTION II
October 22, 2020 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Verified Certificate to Continue Business as Private Bankers, filed for examination.
(These Private Bankers are already under the supervision of the Department. New Certificate submitted by reason of the proposed conversion of John J. Borland from General Partner/Class 1 Limited Partner to Class 2 Limited Partner; and the withdrawal from the firm of Kyosuke Hashimoto, a Class 2 Limited Partner.)
November 4, 2020 (SF-LFS)
VOLVO CAR FINANCIAL SERVICES U.S., LLC U/A/N POLESTAR FINANCIAL SERVICES
1800 Volvo Place, Mahwah, New Jersey 07430
License rider was issued to reflect the change of main address from 1 Volvo Drive, Rockleigh, New Jersey 07647 to 1800 Volvo Place, Mahwah, New Jersey 07430.
November 18, 2020 (SF-LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES, U/A/N MAZDA FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Texas 75024
Application for a branch license to engage in business as a sales finance company at 11625 Rainwater Drive, Alpharetta, Georgia 30009.
November 23, 2020 (SF-LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES, U/A/N MAZDA FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Texas 75024
Application for a branch license to engage in business as a sales finance company at 5801 Tennyson Parkway, Suite 500, Plano, Texas 75024.
December 15, 2020 (SF-LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES, U/A/N MAZDA FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Texas 75024
Rider was issued to reflect a change of branch address from 3200 West Ray Road, Chandler, Arizona 85226 to 1650 South Price Road, Suite 200, Chandler, Arizona 85286.
December 15, 2020 (TR-CM)
EQUINITI TRUST COMPANY
90 Park Avenue, 25th Floor, New York, N.Y. 10016
Approval given to change the Principal office from 90 Park Avenue, 25th Floor, Borough of Manhattan, City of New York 10016 to 275 Madison Avenue, 34th Floor, Borough of Manhattan, City of New York 10016, on or after November 30, 2020.
Bulletin item dated December 15, 2020, which appeared in the Weekly Bulletin dated December 18, 2020, is corrected to read as follows:
December 17, 2020 (TR-CM)
EQUINITI TRUST COMPANY
90 Park Avenue, 25th Floor, New York, N.Y. 10016
Approval given to change the Principal office from 90 Park Avenue, Borough of Manhattan, City of New York 10016 to 275 Madison Avenue, Borough of Manhattan, City of New York 10016, on or after December 18, 2020.
January 5, 2021 (LL-LFS)
GRAMEEN AMERICA, INC.
150 West 30th Street - 8th Floor, New York, New York 10001
License was issued to reflect the change of location from 1597 Gates Avenue, Brooklyn, New York 11237 to 51-05 Flushing Ave, Suite 402, Maspeth, New York 11378.
In connection with the above license issuance, the original license was surrendered.
January 10, 2020 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Application, pursuant to Section 162 of the Banking Law, to increase permanent capital from $590,000,000 to $605,000,000, approved.
January 14, 2021 (BP-LFS)
DEBT MANAGEMENT CREDIT COUNSELING CORP.
1100 S. Powerline Road, Suite 101, Deerfield Beach, Florida 33442
The license to engage in business as a budget planner at the following location was surrendered, effective June 11, 2020:
Branch office: 152 Waverly Avenue, Patchogue, New York 11772
January 15, 2021 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017
Authorization issued to open and occupy a branch office at 9665 Wilshire Boulevard, Suite 250, Beverly Hills, Los Angeles County, California 90212, on or after January 16, 2021.
(The branch will not offer teller services such as cash deposits and withdrawals and acceptance of negotiable instruments.)
January 19, 2021 (BK-CEU)
POPULAR BANK
85 Broad Street, 10th Floor, New York, NY 10004
Application accepted on January 19, 2021, pursuant to Section 96-d of the Banking Law, for the designation of Community District 11, Borough of Manhattan, New York County, New York, as a Banking Development District. The co-applicant is the Borough of Manhattan, City of New York.
January 19, 2021 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Verified Certificate to Continue Business as Private Bankers, filed for examination.
(These Private Bankers are already under the supervision of the Department. New Certificate submitted by reason of the proposed admission to the firm of Valentino Carlotti and Noriyasu Sonobe as General Partners/Class 1 Limited Partners; and the proposed conversion of Timothy E. Hartch from General Partner/Class 1 Limited Partner to Class 2 Limited Partner.)
January 19, 2021 (TM-LFS)
BILL.COM, LLC DBA BDC PAYMENT SERVICES, LLC
1810 Embarcadero Road, Palo Alto, California 94303
Application for the change of headquarter location from 1810 Embarcadero Road, Palo Alto, California 94303 to 6220 America Center Drive, Suite 100, San Jose, California 95002 was approved effective December 10, 2020.
January 19, 2021 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Verified Certificate to Continue Business as Private Bankers, filed for examination.
(These Private Bankers are already under the supervision of the Department. New Certificate submitted by reason of the proposed admission to the firm of Valentino Carlotti, and Noriyasu Sonobe General Partners/Class 1 Limited Partners; and the proposed conversion of Timothy E. Hartch from General Partner/Class 1 Limited Partner to Class 2 Limited Partner.)
January 20, 2021 (TM-LFS)
PLACID NK CORPORATION U/A/N PLACID EXPRESS
400 Post Avenue, Suite 101 Westbury, New York 11590
Application for the change of headquarter location from 400 Post Avenue, Suite 101, Westbury, New York 11590 to 7210 37th Avenue, Unit C, Jackson Heights, New York 11372 was approved effective January 19, 2021.
January 21, 2021 (LL-LFS)
CONSUMER PORTFOLIO SERVICES, INC. U/A/N NEWROADSAUTOLOANS
3800 Howard Hughes Parkway, Ste 1400, Las Vegas, Nevada 89169
Application for a license to engage in business as a licensed lender at the following locations was approved effective January 14, 2021.
Main Office: 3800 Howard Hughes Parkway, Ste 1400, Las Vegas, Nevada 89169
Branch location: 19500 Jamboree Road, Irvine, California 92612
Certificate issued to engage in the business of a Mortgage Broker under Article 12-D of the New York Banking Law:
January 20, 2021 (BR-MBD)
Atlas Home Funding Inc D/B/A Atlas Home Processing
22 S. Main St, Suite 3, New City, NY 10956
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:
January 20, 2021 (MB-MBD)
Full Service Branch
Envoy Mortgage, Ltd.
521 Route 304, Building 1, Office 101, Bardonia, NY 10954
January 20, 2021 (MB-MBD)
Full Service Branch
Quicken Loans, LLC
615 Elmwood Avenue, Buffalo, NY 14222
January 20, 2021 (MB-MBD)
Full Service Branch
NLC Loans in lieu of
NATIONS LENDING CORPORATION
530 W. Spring Street, Suite 100, Columbus, OH 43215
Mortgage Banker License Address Changes:
January 20, 2021 (MB-MBD)
Lakeview Mortgage Bankers Corp.
From: 5302 Merrick Road, Massapequa, NY 11758
To: 5512 Merrick Road, Massapequa, NY 11758
Mortgage Broker Certificate Address Changes:
January 20, 2021 (BR-MBD)
Block Financial Resources LLC
From: 1123 Broadway, Suite 621, New York, NY 10010
To: 100 Cedarhurst Avenue Suite 202B, Cedarhurst, NY 11516
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 |
|---|---|---|---|---|---|
| January 13, 2021
|
6840
|
Steven R. Michaels
|
Atlantic Beach
|
New York
|
Discount Home Mortgage Corp.
|
| January 14, 2021
|
238159
|
Geoffrey Richard Messerschmidt
|
Aliso Viejo
|
California
|
Carrington Mortgage Services, LLC
|
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
|
|---|---|---|---|---|
| January 14, 2021
|
1619239
|
Claire Victoria Hopper
|
Westerville
|
Ohio
|
| January 20, 2021
|
1444743
|
Troy Robert Brinkman
|
San Diego
|
California
|
| January 20, 2021
|
1516626
|
Benson Theodore Ringle
|
St. Louis Park
|
Minnesota
|
| January 20, 2021
|
1603736
|
Bryce Wesley Carey
|
Chicago
|
Illinois
|
| January 20, 2021
|
1901911
|
Joshua Konrad Overmann
|
Sterling Heights
|
Michigan
|
| January 20, 2021
|
1963169
|
McKenzie Allyson Maupin
|
Columbia
|
Missouri
|