Weekly Banking Bulletin

December 31, 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 and Licensed Financial Services 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

SECTION I
December 29, 2021 (SF/LL-LFS)
CAPITOL DISCOUNT CORP., CLOVER COMMERCIAL CORP., RETAIL CHARGE FINANCIAL SERVICES CORP. 
2650 Merrick Rd., Bellmore, New York 11710

Application received for a change of control whereby Adam Scott Greenberg, Gregg Michael Greenberg and Jarrod Paul Greenberg will each acquire 33.3% of Capitol Discount Corp., Clover Commercial Corp. and Retail Charge Financial Services Corp.

The publication of receipt of this application does not indicate that the application is deemed complete. An application is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.

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

December 29, 2021 (BR-MBD)
Applicant(s)
Renu Bhatija
As: Onetime Mortgage LLC
1803 Research Blvd., STE 102, Rockville, MD 20850

December 29, 2021 (BR-MBD)
Applicant(s)
Gurpreet Singh
As: Guru Homes Capital LLC
86-39 122nd Street, Apt-Bsmt, Richmond Hill, NY 11418

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

December 28, 2021 (MB-MBD)
Full Service Branch
GR Affinity, LLC in lieu of Guaranteed Rate Affinity, LLC
54 E. 26th Street, Chicago, IL 60616

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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.

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SECTION II

December 29, 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 death of Carl S. Cutler, a Class 2 Limited Partner.)

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December 29, 2021 (BK-CRB)
ALMA BANK
28-39 31st Street, Astoria, NY 11102

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 68 Expressway Drive South, Melville, Suffolk County, New York 11747.

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December 31, 2021 (TM-LFS)
ZERO HASH LLC
327 N. Aberdeen St., Chicago, IL 60607-1202

Application for a change of control whereby Point72 Ventures Investments, LLC will increase their equity in the parent company of the licensee to 10.4% and IB Global Investments LLC will acquire 33.3% of the equity in parent company of the licensee, was approved effective December 16, 2021.

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Mortgage Broker Certificate Address Changes:

December 28, 2021 (BR-MBD)
Homereliance Capital Corp.
From: 145 Marcus Boulevard, Suite 4, Hauppauge, NY 11788
To: 150 Motor Parkway Suite 104B, Hauppauge, NY 11788

December 28, 2021 (BR-MBD)
Ownit, LLC
From: 180 East Main Street, Suite 308, Smithtown, NY 11787
To: 180 E Main Street, Suite 206, Smithtown, NY 11787

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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: