Weekly Banking Bulletin

February 12, 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

September 15, 2020 (BK-CRB)
HANOVER MERGER BANK (in formation)
80 East Jericho Turnpike, Mineola, NY 11501

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


January 26, 2021 (BK-CRB)
HANOVER MERGER BANK
80 East Jericho Turnpike, Mineola, NY 11501

Organization Certificate received.

INCORPORATORS:
Michael P. Puorro, West Islip, New York
Ahron H. Haspel, Sarasota, Florida
Michael Katz, Miami Beach, Florida
Philip Okun, West Palm Beach, Florida
John Sorrenti, Gladstone, New Jersey

(Hanover Merger Bank is being formed as an interim institution solely to facilitate the acquisition of Savoy Bank by Hanover Bancorp, Inc.)


February 9, 2021 (TM-LFS)
AMERICAN EXPRESS PREPAID CARD MANAGEMENT CORPORATION
20022 N. 31st Avenue, Phoenix, Arizona, 85027


Notification received for the change of location from 20022 N. 31st Avenue, Phoenix, Arizona, 85027 to 18850 North 56th Street, Phoenix, AZ 85054.

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.


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

February 10, 2021 (BR-MBD)
Applicant(s)

Ruslan Kushnir
As: Green Street Capital, LLC
2709 Coney Island Ave, 3rd Floor, Brooklyn, NY 11235


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

February 8, 2021 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
75 Main Street, Suite 205, Millburn, NJ 07041

February 10, 2021 (MB-MBD)
Full Service Branch
Quicken Loans, LLC
160 Oakwood Avenue, Troy, NY 12180


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

February 8, 2021 (BR-MBD)
Full Service Branch
Superior Mortgage Co., Inc.
200 Broadhollow Road, Suite 207, Melville, NY 11747


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

February 5, 2021 (MB-MBD)
Applicant(s)
Finance of America Companies Inc.
Finance of America Equity Capital LLC
Finance of America Funding LLC
Patricia Cook
Tai Thornock
Jeremy Prahm
Lance N. West
Norma C Corio
Robert W. Lord 
Tyson A Pratcher 
To acquire interest in:
Finance of America Mortgage LLC
300 Welsh Road, Building 5, Suite A, Horsham, PA 19044

February 9, 2021 (MB-MBD)
Applicant(s)
Finance of America Companies Inc.
Finance of America Equity Capital LLC
Finance of America Funding LLC
Patricia Cook
Tai Thornock
Jeremy Prahm
Lance N. West
Norma C Corio
Robert W. Lord 
Tyson A Pratcher                                              
To acquire interest in:
FAReverse LLC in lieu of Finance of America Reverse LLC
8023 East 63rd Place, Suite #700, Tulsa, OK 74133


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

February 8, 2021 (BR-MBD)
Applicant(s)
Daniel Paul Holzhauer
James Edward Cahill
To acquire interest in:
Upstate Premier Mortgage, Inc.
57 East Genesee Street, Baldwinsville, NY 13027


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.

Application Received Date NMLS # Applicant Name City State
June 5, 2020 1521777 Mallory Marie Kimberly Yorba Linda California
August 10, 2020 2010760 Zanib Aftab Khan Madama Elmwood Park New Jersey
December 1, 2020 174500 James J. Giacone Palm Beach Gardens Florida
December 11, 2020 1116896 Nathanael Levi Rogers Centennial Colorado
December 11, 2020 1954315 Raymond Carnevale New Hyde Park New York
December 14, 2020 2033248 Dean Charles Lupowitz Oceanside New York
December 15, 2020 990017 Olha Bas Englishtown New Jersey
December 15, 2020 2062332 Joseph Lasry Toms River New Jersey
December 21, 2020 2009445 Gaurav Kumar Passi Staten Island New York
December 22, 2020 400283 Adam Michael Hicks Sioux Falls South Dakota
December 22, 2020 2073125 Cassandra Lea Welter Elyria Ohio
December 28, 2020 2029804 Martin Mendlovic Brooklyn New York
December 30, 2020 1996607 Joseph Esses Brooklyn New York
January 4, 2021 60362 Craig Greissman Merrick New York
January 4, 2021 2067593 Joseph Gattuso Flushing New York
January 5, 2021 2049341 Amanda Brooke Salerno Dix Hills New York
January 6, 2021 497308 Jessica Catherine Bowen Dumfries Virginia
January 6, 2021 2026979 Carlos Alexander Guerrero Ridgefield Park New Jersey
January 11, 2021 176802 Scott Myles Savel Woodbury New York
January 12, 2021 1585473 Travis Jerome Williams Flower Mound Texas
January 14, 2021 800781 Sara A. Matthews Clayton New York
January 14, 2021 1220114 Nicholas Onofrio Carleo Bayside New York
January 14, 2021 2008464 Arturo Santiago Asselta East Williston New York
January 14, 2021 2065250 Michael Jan Romano Center Moriches New York
January 15, 2021 1879401 Adrian Caramihai Sunnyside New York
January 19, 2021 209556 Atul Krishna Rastogi Long Valley New Jersey
January 19, 2021 483886 Alessandro Albert Barresi Silver Spring Maryland
January 19, 2021 921442 Matthew Steven Merrick Rochester New York
January 19, 2021 2020299 Nathaniel Jacob Kelsey Fairport New York
January 20, 2021 3945 Gennady Svetnikov Brooklyn New York
January 20, 2021 187549 Kevin Ebbecke Ponte Vedra Florida
January 20, 2021 1970855 Aya Lulu Salman Dearborn Heights Michigan
January 21, 2021 2060106 Douglas Frantin Melville New York
January 22, 2021 961683 Ryan Douglas Gibson Van Alstyne Texas
January 25, 2021 49302 Debra Natalee Shultz Great Neck New York
January 25, 2021 1879532 Bridget Renee McCreight Bridgeville Pennsylvania
January 25, 2021 2033787 Ryan Lane Chinnis Columbia Missouri
January 26, 2021 16415 Charles C. Bradford Larchmont New York
January 26, 2021 297063 Charles A. Miller Rockville Maryland
January 26, 2021 2056780 Mary Katherine Weisenborn Columbia Missouri
January 26, 2021 2062919 Kristina Agelois Evans Irving Texas
January 26, 2021 2081078 Aaron James Thomasson Columbia Missouri
January 27, 2021 1211330 Richard Louis Heredia Woodland Park New Jersey
January 28, 2021 418796 Susan Kaye Weil Bordentown New Jersey
January 28, 2021 2036461 James Gerard Goodyear Columbia Missouri
January 29, 2021 1577792 Gaston Cedric Tonleu Nguimatsa Chicago Illinois
February 1, 2021 7297 James Anthony Passabet Pleasantville New York
February 1, 2021 1484932 Llewellyn Tejada Elmsford New York
February 1, 2021 2052863 Henry Eric Mann New York New York
February 2, 2021 8778 Michael J. Littleton Yorktown New York
February 3, 2021 78695 Salvatore Mangiameli Monroe New York
February 3, 2021 487573 James David Moore Goldens Bridge New York
February 4, 2021 1825169 Brian William Karas Northlake Illinois
February 4, 2021 1954652 Ethan Douglas Visvaldis Irbe Indianapolis Indiana

SECTION II

February 4, 2021 (CC-LFS)
593 BROAD STREET WEST, INC.
593 Broad Street West, Rochester, New York 14608

The license to engage in business as a casher of checks at the following location has been surrendered, effective January 11, 2021:

Branch office: 4 West Avenue, Rochester, New York 14611


February 4, 2021 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC 
10 Elizabeth Street, River Edge, New Jersey 07661

The license to engage in business as a casher of checks at the following location has been surrendered, effective January 14, 2021:

Branch office:  44 Hoyt Street, Brooklyn, New York 11201-5836


February 8, 2021 (MI-CRB)
CRESCENT BANK & TRUST
1100 Poydras Street, Suite 100, New Orleans, LA 70163

Notification received, in accordance with Supervisory Policy G 8, of the permanent closing of the representative office at 805 Ridge Road (Suite 204), Town of Webster, Monroe County, NY 14580, effective December 11, 2020.


February 9, 2021 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA 01201

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 1100 Mohawk Street, Utica, Oneida County, New York 13501, will not result in a significant reduction of financial services in the community to be affected.


February 10, 2021 (PF-LFS)
FIRST SOLUTION FINANCIAL SERVICES, INC. 
3250 Grey Hawk Court, Carlsbad, San Diego County, CA  92010

Application filed by First Solution Financial Services, Inc. to engage in doing business as a Premium Finance Agency pursuant to Article12-B of the NYS Banking Law, was approved effective January 28, 2021.


February 12, 2021 (BK-CRB)
HANOVER MERGER BANK
80 East Jericho Turnpike, Mineola, NY 11501

Organization Certificate filed for examination.

INCORPORATORS:
Michael P. Puorro, West Islip, New York
Ahron H. Haspel, Sarasota, Florida
Michael Katz, Miami Beach, Florida
Philip Okun, West Palm Beach, Florida
John Sorrenti, Gladstone, New Jersey

 (Hanover Merger Bank is being formed as an interim institution solely to facilitate the acquisition of Savoy Bank by Hanover Bancorp, Inc., parent of Hanover Community Bank.)


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

February 9, 2021 (BR-MBD)
Prisani Funding Corporation
251-61 Jericho Turnpike, 2nd Floor, Bellerose, NY 11426
Effective Date: November 13, 2020

February 10, 2021 (MB-MBD)
Mortgage World Bankers, Inc.
425 Broad Hollow Road, Suite 215, Melville, NY 11747
Effective Date: February 5, 2021


Mortgage Broker Certificate Address Changes:

February 10, 2021 (BR-MBD)
My Gem Corp D/B/A Gain Equity Mortgage
From: 625 Commerce Drive, Suite #103, Lakeland, FL 33813
To: 1311 East Canal Street, Suite 103, Mulberry, FL 33860


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
February 8, 2021 67235 Guido G. Fava Mahopac New York Luxury Mortgage Corp.
February 8, 2021 75752 William Hoogkamp Delanson New York Maple Tree Funding LLC
February 8, 2021 114003 Anthony Francis Vaccaro Mamaroneck New York Mortgage Unlimited, LLC
February 8, 2021 1481321 Derrick R. Welch Brooklyn New York Accountable Financial Management Corporation

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
February 9, 2021 197376 Ryan Henry Kluttz Nixa Missouri
February 9, 2021 1527219 David Paul Kleiman Monroe New Jersey
February 9, 2021 1860211 Miguel Angel Del Rosario Queens Village New York
February 10, 2021 598826 Calvin Park River Edge New Jersey
February 10, 2021 1758412 Kevan Bryant Sloan Chicago Illinois