Weekly Banking Bulletin

July 16, 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

July 14, 2021 (TR-CM)
FIDUCIARY TRUST COMPANY INTERNATIONAL
280 Park Avenue, 6th Floor, New York, NY 10017

Bulletin item dated June 28, 2021, which appeared in the Weekly Banking Bulletin dated July 2, 2021, is corrected to read as follows:

Pursuant to the provisions of Section 105-b of the Banking Law, notice to the Superintendent of Financial Services of intention to establish and maintain a trust office at 1818 Library St, Suite 500, Reston, VA, 20190, received.

This trust office is to replace the trust office at 3033 Wilson Blvd, Suite 700, Arlington, VA 22201.


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

July 12, 2021 (BR-MBD)
Applicant(s)
Nirav Mehta
Rooni Mehta
As: Finomus Home Loans LLC
163 Washington Valley Road, Suite 104, Warren, NJ 07059

July 13, 2021 (BR-MBD)
Applicant(s)
Hector N Velasquez
As: Atlantic Mortgage in lieu of Capitol USA Financial Corp.
8133 Leesburg Pike Suite 730, Vienna, VA 22182


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

July 14, 2021 (MB-MBD)
Full Service Branch
Envoy Mortgage, Ltd.
15720 Brixham Hill Avenue, Suite 309, Charlotte, NC 28277

July 14, 2021 (MB-MBD)
Full Service Branch
Nationwide Equities Corporation
4800 North Federal Highway, Suite 100D, Boca Raton, FL 33431


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 13, 2020 1445810 Matthew Christopher Santiago Miami Florida
February 24, 2021 1993733 Raul Macario Compian Dallas Texas
May 20, 2021 1540988 Willie Cortez Hindman Frisco Texas
June 8, 2021 1941646 Anthony Nicholas Tarantino Levittown New York
June 14, 2021 1830368 Elisa Mariluz Estrella Tavarez Paterson New Jersey
June 15, 2021 2115293 Edison R. Estrella Woodhaven New York
June 22, 2021 1755203 Miguel Jose Vazquez Clark New Jersey
June 29, 2021 180867 Michael Joseph Guthneck Delray Beach Florida
June 29, 2021 1863646 Brian Timothy Hasbrouck Greenvale New York
July 2, 2021 207263 Patrick Anthony Neely Maple Shade New Jersey
July 6, 2021 178284 Robert J. McKeon Gilbertsville Pennsylvania

 


SECTION II

July 6, 2021(LL-LFS)
LENDINGCLUB CORPORATION
595 Market Street, Suite 200, San Francisco, CA 94105

License to engage in business as a licensed lender at the following location was surrendered:
595 Market Street, Suite 200, San Francisco, CA 94105


July 7, 2021 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorizations granting permission to open and occupy branch offices at the following two locations, surrendered for cancellation:

  • 7 West Market Street, Georgetown, Sussex County, DE 19947; and
  • 32 North Potomac Street, Hagerstown, Washington County, MD 21740.

Offices discontinued as of June 28, 2021 and July 1, 2021, respectively.


July 7, 2021 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization Certificate issued February 8, 2012, granting permission to open and occupy a branch office at 1420 Wisconsin Avenue Northwest, Washington, DC 20007, surrendered for cancellation.

Office discontinued as of June 30, 2021.


July 9, 2021 (TR-FWB)
GOLDMAN SACHS BANK USA
200 West Street, New York, NY 10282

Authorization issued to open and occupy a branch office at Roppongi Hills Mori Tower, 10-1, Roppongi 6-chome, Minato-ku, Tokyo 106-6147 Japan, on or after July 10, 2021.


July 9, 2021 (MI-CRB)
SILICON VALLEY BANK
3003 Tasman Drive, Santa Clara, CA 95054

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office located at 1325 Avenue of the Americas, Borough of Manhattan, City of New York 10019 on July1, 2021, as a result of the merger of Boston Private Bank & Trust Company, Boston, Massachusetts, with and into Silicon Valley Bank. (This location was the former representative office of Boston Private Bank & Trust Company.)


July 12, 2021 (MI-CRB)
NORTHEAST COMMUNITY BANCORP, INC.
325 Hamilton Avenue, White Plains, NY 10601

The conversion of NorthEast Community Bancorp, MHC from a mutual holding company structure to a stock holding company form of organization became effective on July 12, 2021.

NorthEast Community Bancorp, MHC has ceased to exist, and NorthEast Community Bank became a wholly-owned subsidiary of Northeast Community Bancorp, Inc.

The conversion was in connection with the application submitted by Northeast Community Bancorp, Inc., pursuant to Section 143-b of the Banking Law, to acquire control of NorthEast Community Bank.


July 12, 2021 (SB-CRB)
NORTHEAST COMMUNITY BANK
325 Hamilton Avenue, White Plains, NY 10601

“Certificate of Amendment of the Organization Certificate of NorthEast Community Bank, under Section 8005 of the Banking Law” providing for the establishment and maintenance of a liquidation account for the benefit of certain depositors of the bank, approved and filed in the Office of the Superintendent of Financial Services.

The amendment is in connection with the conversion of NorthEast Community Bancorp, MHC, from a mutual holding company structure to a stock holding company form of organization.


July 14, 2021 (TR-CM)
FIDUCIARY TRUST COMPANY INTERNATIONAL
280 Park Avenue, 6th Floor, New York, NY 10017

Applicant notified by the Superintendent of Financial Services that pursuant to the provisions of Section 105-b of the Banking Law, no objection will be interposed to the establishment of a trust office at 1818 Library St, Suite 500, Reston, VA, 20190.

This trust office will replace the trust office at 3033 Wilson Blvd, Suite 700, Arlington, VA 22201.


License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:

July 14, 2021 (MB-MBD)
Full Service Branch
American Advisors Group, Inc.  D/B/A AAG
4925 Buffalo Road, 2nd Floor, Erie, PA 16510

July 14, 2021 (MB-MBD)
Full Service Branch
Cardinal Financial Company, LP D/B/A Sebonic Financial
3028 E Tremont Ave, Ste A, Bronx, NY 10461

July 14, 2021 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
100 McKinley Ave, Unit 14, Manahawkin, NJ 08050

July 14, 2021 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
18 Deer Park Avenue, First Floor, Storefront, Babylon, NY 11702

July 14, 2021 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
617 Main Street, Suite G 202, Buffalo, NY 14203


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

July 12, 2021 (BR-MBD)
Perri Funding Corp.
300 Bedford Avenue, Suite 201, Bellmore, NY 11710
Effective Date: May 17, 2021


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

July 9, 2021 (MB-MBD)
Wall Street Mortgage Bankers, Ltd.  D/B/A Power Express
3609 E. Tremont Avenue, Bronx, NY 10465
Effective Date: May 25, 2021

July 9, 2021 (BR-MBD)
Mortgage Planning, Inc.
1802 Hempstead Turnpike, East Meadow, NY 11554
Effective Date: June 8, 2021

July 12, 2021 (MB-MBD)
Guaranteed Rate, Inc.
131 New London Tpke, Ste 215, Glastonbury, CT 06033
Effective Date: June 23, 2021

July 13, 2021 (MB-MBD)
FM Home Loans, LLC D/B/A MR Capital Group
961 Morris Avenue, Ground Floor, Bronx, NY 10462
Effective Date: June 25, 2021


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

July 13, 2021 (BR-MBD)
All County Capital Corp. D/B/A Scott Capital Group
600 Mamaroneck Avenue, Suite #400, Office #403, Harrison, NY 10528
Effective Date: June 25, 2021


Mortgage Banker Branch License Address Changes:

July 14, 2021 (MB-MBD)
Commonfund Mortgage Corp.
From: 304 N. George St., 1st Floor, Suite #4, Rome, NY 13440
To: 311 North Washington Street, Suite #1, Rome, NY 13440

July 14, 2021 (MB-MBD)
Guaranteed Rate, Inc.
From: 2 Carlson Parkway, Suite 125, Plymouth, MN 55447
To: 825 Wayzata Blvd. East, #100, Wayzata, MN 55391


Mortgage Loan Servicer Branch License Address Changes:

July 14, 2021 (MLS-MBD)
Provident Funding Associates, L.P.  D/B/A Provident Funding
From: 401 Route 73 North, 40 Lake Center, Suite 110, Marlton, NJ 08053
To: 309 Fellowship Road, East Gate Center, Suite 200, Office 16, Mt. Laurel, NJ 08054


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
June 30, 2021 9506 Matthew Adam Stenta Miami Florida CrossCountry Mortgage, LLC
June 30, 2021 162583 Julio A. Cruz Copiague New York Intercontinental Capital Group, Inc.

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
July 8, 2021 1430485 Armand Daniel Begay Laguna Beach California
July 8, 2021 1633572 John Anthony Goulandris North Royalton Ohio
July 8, 2021 1930961 Donavan Darrell Truance Rochester Michigan
July 8, 2021 1963091 Ahmad Solomon-Earl Coleman Columbia Missouri