Weekly Bulletin
December 26, 2008
SECTION I
This section records the receipt of applications and notices to the Banking Department. Applications and notices received by the Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services Divisions are listed in order of date of receipt; applications and notices received by the Mortgage Banking Division 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 BANKING DEPARTMENT. Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the Banking 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 The Secretary of the New York State Banking Board, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by e-mail to BBSecretary@banking.state.ny.us. This Weekly Bulletin may also be viewed online at the Banking Department’s Web site at: http://www.banking.state.ny.us
SECTION II
This section records actions taken by the Superintendent of Banks and/or the Banking Board, and other information concerning the activities of the Banking Department. Actions relating to institutions supervised by the Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services Divisions are listed in order of date of action; actions relating to institutions supervised by the Mortgage Banking Division are listed at the end of Section II by type of action taken.
SECTION III
This section provides notification of the filing by federally-chartered institutions of applications for new branches to be located in New York received from Mr. Toney Bland, Deputy Comptroller, Office of the Comptroller of the Currency, 340 Madison Avenue, 5th Floor, New York, NY 10017 and Mr. Brian Steffey, Office of Thrift Supervision, Harborside Financial Center Plaza Five, Suite 1600, Jersey City, NJ 07311. Any comment or objection in relation to any application in Section III should be communicated immediately to the supervisor of the institution involved, with a copy furnished to this office. This section is provided as a courtesy to New York State-regulated banking institutions; additional information relating to federally-chartered institutions is available in the Office of the Comptroller of the Currency’s Weekly Bulletin or its Web site: http://www.occ.treas.govand via the Office of Thrift Supervision’s Web site at: http://www.ots.treas.gov.
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 Banking Department Division which has supervisory responsibility for the institution. The following is a list of the codes and their meanings:
Institution Codes |
|
BK = Bank |
FB = Foreign Branch |
Division Codes
FWB = Foreign and Wholesale Banks Division
CRB = Community and Regional Banks Division
LFS = Licensed Financial Services Division
MBD = Mortgage Banking Division
CSD = Consumer Services Division
SECTION I
December 16, 2008 (FB-FWB)
SHINKIN CENTRAL BANK
3-7, Yaesu 1-chome, Chuo-ku, Tokyo 103-0028, Japan
Notice, pursuant to Section 605.11 of the Banking Law, of the intention to voluntarily liquidate its New York branch located at 114 West 47th Street, New York, NY 10036, received.
December 22, 2008 (SF-LFS)
DCFS USA LLC
36455 Corporate Drive, Farmington Hills, MI 48331
A notification of a branch change of location from 400 Interpace Parkway, Parsippany, Morris County, NJ 07054 to 13650 Heritage Parkway, Fort Worth, Tarrant County, TX 76177 was received.
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.
December 23, 2008 (SB-CRB)
PUTNAM COUNTY SAVINGS BANK
Route 6 & Drewville Road, Brewster, NY 10509
Application dated December 8, 2008 for permission to open and occupy a branch office at 76 North Main Street, New City, Town of Clarkstown, Rockland County, NY 10956, received.
The comment period for this item will expire on January 5, 2009.
December 24, 2008 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Application dated December 18, 2008 for permission to open and occupy a branch office at 10245 Old Georgetown Road, Bethesda, Montgomery County, MD 20814, received.
The comment period for this item will expire on January 5, 2009.
Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law received for examination:
December 22, 2008 (BR-MBD)
Applicant(s)
David Marc Jacobson
Eric Forte
As: Prudential Borrowing, LLC
49 West Sunrise Highway, 1st Floor, Freeport, NY 11520 3611
December 22, 2008 (BR-MBD)
Applicant(s)
Balram Kakkar
As: Panam ResourcesIn Lieu of True Name Panam Funding, Inc.
1230 Highway 34, Aberdeen, NJ 07747
December 23, 2008 (BR-MBD)
Applicant(s)
Kenneth Donald Hunt
Susan Anne Davis
As: All Mortgage Solutions, New York In Lieu of True Name Creative Mortgage Financing, Inc.
412 Main Street, Danbury, CT 06810 4730
Application received pursuant to Section 590(5-a) of the New York State Banking Law to act as an FHA Mortgage Loan Correspondent:
December 22, 2008 (BR-MBD)
Home Capital Mortgage Corp.
520 White Plains Road, 5th Floor, Suite 5088, Tarrytown, NY 10591
Applicants received for authorization as a Mortgage Loan Originator under Article 12-E of the New York State Banking Law. Each individual listed may engage in mortgage loan origination activities on a temporary basis until such time as the Superintendent approves or denies his/her application or the application is withdrawn.
Benjamin Charles Moore |
Westerville |
OH |
|
May 02 2008 |
Alva E Mejia |
Queens |
NY |
May 28 2008 |
Sam J Geraci |
North Tonawanda |
NY |
May 28 2008 |
Karen M Fuhrey |
Tonawanda |
NY |
May 28 2008 |
Nancy A Frate |
Rochester |
NY |
May 28 2008 |
Thomas A Ferrara |
E. Syracuse |
NY |
May 29 2008 |
Sharlene T Bauer |
East Aurora |
NY |
May 30 2008 |
Deborah S Wells |
Clarence Center |
NY |
May 30 2008 |
Sean C Thiel |
Lawtons |
NY |
May 30 2008 |
Brian M Thiel |
Amherst |
NY |
May 30 2008 |
Amy S Szkatulski |
Gowanda |
NY |
May 30 2008 |
Diane J Sovereign |
Williamsville |
NY |
May 30 2008 |
Anne E Proppe |
Baldwinsville |
NY |
May 30 2008 |
James D Murawski |
Orchard Park |
NY |
May 30 2008 |
Michael L Mallia |
Williamsville |
NY |
June 18 2008 |
Joseph Candido |
New Hyde Park |
NY |
June 18 2008 |
Alfred P Evans |
Glen Cove |
NY |
June 30 2008 |
William Roys Blackman Jr. |
Locust Valley |
NY |
July 09 2008 |
Michael Sean Domon |
Elma |
NY |
July 22 2008 |
Robert T. Smith |
Weehawken |
NJ |
July 22 2008 |
Stephen K Matte |
Queen Bury |
NY |
July 22 2008 |
Thomas Benjamin Hurbanek |
Wynantskill |
NY |
July 22 2008 |
Bradley S Chapman |
Manlius |
NY |
July 22 2008 |
Alexander Correa |
East Meadow |
NY |
July 22 2008 |
Vivian Lewandowski |
Rockville Centre |
NY |
July 22 2008 |
Aldo Belony |
Brooklyn |
NY |
July 31 2008 |
Daniel Montenegro |
Mt. Sinai |
NY |
July 31 2008 |
Gary Allen Richardson |
Warwick |
RI |
July 31 2008 |
Sondra Darna Miles-Yarbrough Ms |
Freeport |
NY |
July 31 2008 |
Brian T Reed |
Plymouth |
MI |
July 31 2008 |
Thomas Vincent Pasckvale Jr |
Wayne |
NJ |
July 31 2008 |
Aaron Michael Beta |
Rocky Point |
NY |
July 31 2008 |
Karen Linda Simpson |
Moorestown |
NJ |
July 31 2008 |
Christopher Paul Miceli |
Brooklyn |
NY |
July 31 2008 |
Nader Abadeh |
Dearborn |
MI |
July 31 2008 |
Robert B Guttenberg |
Clarkston |
MI |
July 31 2008 |
Matthew Richard Chmiel |
Suffield |
CT |
July 31 2008 |
Richard Brian Kullander |
Pawtucket |
RI |
July 31 2008 |
Justin Romano |
Port Jefferson Station |
NY |
July 31 2008 |
Adam Anderson |
Walled Lake |
MI |
July 31 2008 |
Andrew Arntson |
New Boston |
MI |
July 31 2008 |
Ryan C Kleis |
Laguna Niguel |
CA |
July 31 2008 |
Ronald O'Connor |
Redford |
MI |
July 31 2008 |
Eric Royston |
Novi |
MI |
July 31 2008 |
David Rosh |
Plymouth |
MI |
July 31 2008 |
Debra Carol Chmiel |
Lumberton |
NJ |
July 31 2008 |
Robert Shannon |
Wixom |
MI |
July 31 2008 |
Robert Jason Andreasen |
Livonia |
MI |
July 31 2008 |
Jennifer Rae Surloff |
Atco |
NJ |
July 31 2008 |
Shane Martin Hambrose |
East Windsor |
NJ |
July 31 2008 |
Chavonne Lawrence |
Southfield |
MI |
July 31 2008 |
Pavel Yusenko |
Agawam |
MA |
July 31 2008 |
Rannie Suhail Bawab |
Westland |
MI |
July 31 2008 |
Kyle John Sheehan |
Providence |
RI |
July 31 2008 |
Brester Glenn Creech |
West Hempstead |
NY |
July 31 2008 |
Christine Carbone |
Garden City |
NY |
July 31 2008 |
Lindsay Shae Barton |
Hudson Falls |
NY |
July 31 2008 |
Christina Cinquemani Coutinho |
Bayside |
NY |
July 31 2008 |
Johny Jack Rukab |
Brooklyn |
NY |
July 31 2008 |
Danny Saraf |
Rockville Centre |
NY |
July 31 2008 |
Timothy Joseph France |
Wildwood |
NJ |
July 31 2008 |
Mary S. Nowak |
Tonawanda |
NY |
July 31 2008 |
Herman Cardona |
Forest Hills |
NY |
July 31 2008 |
David Joseph Dmuchowski |
Massapequa Park |
NY |
July 31 2008 |
Jeffrey V Del Dotto |
New Rochelle |
NY |
July 31 2008 |
Theo Benito Maughan Mr |
Brooklyn |
NY |
July 31 2008 |
Thomas Gerald Figlioli |
Haddonfield |
NJ |
July 31 2008 |
Louise Fallica |
Holtsville |
NY |
July 31 2008 |
Daniel Thomas Nolan |
Pleasant Valley |
NY |
July 31 2008 |
Suzanne Marie Bunnell |
Elmira |
NY |
July 31 2008 |
Brian Coffey |
East Patchogue |
NY |
July 31 2008 |
Ernest Edgar Craumer |
Greenwich |
CT |
July 31 2008 |
Jonathan Craig Spier |
Bayport |
NY |
July 31 2008 |
Justin Thomas Kurzynowski |
Toms River |
NJ |
July 31 2008 |
Michael James Devlin |
Elmira |
NY |
July 31 2008 |
John Russell Bostwick |
West Palm Beach |
FL |
July 31 2008 |
John Aiossa |
Nissequogue |
NY |
July 31 2008 |
Briana Farbstein Mcmorris |
Ballston Spa |
NY |
July 31 2008 |
Sharon E Dudwoire |
Troy |
NY |
July 31 2008 |
Christopher James Mangan |
Monroe |
NY |
July 31 2008 |
Paul Henry Ellis |
Lafayette |
NY |
July 31 2008 |
Tara Leigh Kobrin |
Binghamton |
NY |
July 31 2008 |
John Edward Cobelli Mr. |
Mahopac |
NY |
July 31 2008 |
Lourdes Memoli |
Highland Mills |
NY |
July 31 2008 |
Roger Zalinger |
Setauket |
NY |
July 31 2008 |
James Anthony Passabet Jr |
Pleasantville |
NY |
July 31 2008 |
Anthony James Cutrone |
Yorktown Heights |
NY |
July 31 2008 |
Kevin Dean Nicastri |
Poughquag |
NY |
July 31 2008 |
Douglas Kenner |
New York |
NY |
July 31 2008 |
Anthony Michael Riess |
Mount Laurel |
NJ |
August 13 2008 |
Monty Scott Turney |
Binghamton |
NY |
August 13 2008 |
Steven Winick |
Syosset |
NY |
December 19 2008 |
Terrence Robert Hastings |
Ridgefield |
CT |
December 22 2008 |
David J Steinberg |
Flushing |
NY |
December 23 2008 |
Corrine T Dimartino |
Upper Saddle River |
NJ |
SECTION II
December 17, 2008 (TM-LFS)
TRAVELLERS CHEQUE ASSOCIATES LIMITED
154 Edward Street, Brighton, Sussex, BN2 2LH, Great Britain
License to engage in business as transmitter of money has been surrendered.
December 17, 2008 (SF-LFS)
21ST MORTGAGE CORPORATION
620 Market Street, Suite 100, Knoxville, Knox County, TN 37902
License issued to engage in business as a sales finance company.
December 17, 2008 (SF-LFS)
ENSPIRE FINANCE LLC
7887 E. Belleview Avenue, Suite 200, Englewood, Arapahoe County, CO 80111
License issued to engage in business as a sales finance company.
December 17, 2008 (BK-CRB)
NEWBANK
146-01 Northern Boulevard, Flushing, NY 11354
Application, pursuant to Section 601-a of the Banking Law, for prior approval by the Superintendent of Banks, to acquire certain assets and liabilities of Pamrapo Savings Bank, SLA, City of Bayonne, NJ, approved.
Following consummation of the transaction, the Pamrapo Branch at 1475 Bergen Boulevard, Fort Lee, New Jersey, will become a branch office of NewBank.
December 18, 2008 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorizations issued to open and occupy branch offices at the following two locations, on or after December 19, 2008:
- 9209A-B Chennault Way, Gaithersburg, Montgomery County, MD 20879; and
- 5910 Executive Boulevard, Rockville, Montgomery County, MD 20852.
December 18, 2008 (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 Geoffrey M. Cook and Kevin W. Stone as General Partners/Class 1 Limited Partners; the proposed conversion of Peter B. Bartlett from General Partner/Class 1 Limited Partner to Class 2 Limited Partner; and the proposed withdrawal from the firm of Glenn E. Baker as a Class 2 Limited Partner.)
December 19, 2008 (LL-LFS)
BENEFICIAL NEW YORK INC.
26525 North Riverwoods Blvd., Mettawa, IL 60045
Licenses to engage in business as a licensed lender at the following locations were surrendered:
204 Broadway, Amityville, New York 11701
Hamburg Plaza, 5999 South Park Avenue, Hamburg, New York, 14075
209-11 Jamaica Avenue, Queens Village, NY 11428
December 19, 2008 (FR-FWB)
DEKABANK DEUTSCHE GIROZENTRALE
Mainzer Landstraße 16, 60325 Frankfurt am Main, Germany
Application for a license to establish and maintain a representative office in the Borough of Manhattan, City of New York, approved.
December 20, 2008 (CC-LFS)
NY COMMERCIAL FINANCE CORP.
100 Broadway, Brooklyn, NY 11211
Temporary license to conduct business as a commercial check casher under Article IX-A of the New York State Banking Law, extended. The temporary license is good for 30 days only, unless otherwise extended by the Superintendent of Banks.
December 22, 2008 (BK–CRB)
AMALGAMATED BANK
275 Seventh Avenue, New York, NY 10001
The Superintendent’s approval in principle of the “Certificate of Amendment of the Organization Certificate of Amalgamated Bank under Section 8005 of the Banking Law” was granted.
The amendment provides for the establishment of a “staggered” or classified board of directors and to require a 75% supermajority shareholder vote in order to amend the Bank’s Organization Certificate or By-laws or to authorize any “Significant Transaction” (as defined in the Organization Certificate).
December 22, 2008 (LL-LFS)
HOUSEHOLD FINANCE CORPORATION III
26525 North Riverwoods Blvd., Mettawa, IL 60045
Licenses to engage in business as licensed lenders at the following locations were surrendered:
68-05 Fresh Pond Road, Ridgewood, New York 11385
Northway Plaza, Suite 2A, Queensbury, NY 12804
2115 Flatbush Avenue, Brooklyn, NY 11234
December 23, 2008 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorization issued to open and occupy a branch office at 8155 Maple Lawn Boulevard, Fulton, Howard County, MD 20759, on or after December 24, 2008.
December 23, 2008 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Verified Certificate to Continue Business, approved and filed.
December 24, 2008 (CC-LFS)
KEYSTONE EXPRESS, INC.
159-15 Northern Blvd., Suite 104, Flushing, NY 11358
Temporary license to conduct business as a commercial check casher under Article IX-A of the New York State Banking Law, extended. The temporary license is good for 30 days only, unless otherwise extended by the Superintendent of Banks.
December 24, 2008 (CC-LFS)
JAY PAYROLL SERVICES, INC.
203 West 28th Street, New York, NY 10001
Temporary license to conduct business as a commercial check casher under Article IX-A of the New York State Banking Law, extended. The temporary license is good for 30 days only, unless otherwise extended by the Superintendent of Banks.
License issued to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law:
December 18, 2008 (MB-MBD)
1st Alliance Lending, LLC
111 Founders Plaza, Suite 1102, East Hartford, CT 06108 8300
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:
December 18, 2008 (MB-MBD)
Full Service Branch
1st Alliance Lending, LLC
166 Valley Street, BHC 101, Providence, RI 02909
Application approved pursuant to Section 590(5-a) of the New York State Banking Law to act as an FHA Mortgage Loan Correspondent:
December 23, 2008 (BR-MBD)
Insignia Mortgage Group, Inc.
888 Veterans Memorial Highway, Suite 525, Hauppauge, NY 11788 2954
Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law denied:
December 22, 2008 (BR-MBD)
Independence 1 Capital LLC D/B/A Independence Capital
102-34 Jamaica Avenue, Richmond Hill, NY 11418 2009
Certificate to engage in the business of a Mortgage Broker surrendered:
December 22, 2008 (BR-MBD)
Ronald E. Fullerlove
541 Crestview Drive, Sherrard, IL 61281
Effective Date: December 15, 2008
License to engage in the business of a Mortgage Banker surrendered:
December 24, 2008 (MB-MBD)
Hanover Mortgage Corporation D/B/A Goldome Realty Credit
230 Hilton Avenue, Hempstead, NY 11550 8115
Effective Date: November 10, 2008
Certificate to engage in the business of a Mortgage Broker Branch surrendered:
December 22, 2008 (BR-MBD)
Full Service Branch
NLC of New York, Inc.
131-10 Liberty Avenue, Richmond Hill, NY 11419
Effective Date: December 17, 2008
December 23, 2008 (BR-MBD)
Full Service Branch
Par East Mortgage Co., Inc.
97 North Sea Road, Suite D, Southampton, NY 11968
Effective Date: December 15, 2008
License to engage in the business of a Mortgage Banker Branch surrendered:
December 24, 2008 (MB-MBD)
Full Service Branch
Homecomings Financial, LLC
1650 Corporate Center Drive, Suite 100, Petaluma, CA 94954
Effective Date: December 11, 2008
The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:
December 18, 2008 (BR-MBD)
Lidija Nikolic D/B/A Hudson Financial
5650 Marconi Avenue, Suite 26, Carmichael, CA 95608
December 18, 2008 (BR-MBD)
Aspire Financing, Inc.
13 Elizabeth Street, Suite 302, New York, NY 10013 4803
December 18, 2008 (BR-MBD)
Amerimax Capital, LLC
75 Maiden Lane, Suite 904, New York, NY 10038
December 19, 2008 (BR-MBD)
KRC Capital Funding Inc.
91 McLean Avenue, Suite 2F, Yonkers, NY 10705
December 19, 2008 (BR-MBD)
Kiwi Mortgage LLC
8 Station Square, Suite 5, Rutherford, NJ 07070 2032
Mortgage Broker Certificate Name Changes:
December 23, 2008 (BR-MBD)
From: Mortgage Easy, Inc.
To: Mortgage Easy, Inc. D/B/A Mortgage Easy, Inc.
Mortgage Banker License Name Changes:
December 23, 2008 (MB-MBD)
From: Somerset Investors Corporation DBA Somerset Mortgage Bankers
To: Somerset Investors Corporation DBA Somerset Mortgage Bankers
Additional DBA(S): Somerset Reverse Mortgage Lenders
Mortgage Broker Certificate Address Changes:
December 18, 2008 (BR-MBD)
Cash 800, Inc. DBA New York Mortgage Exchange
From: 14 Glen Street, Suite 201, Glen Cove, NY 11542
To: 369 Avenue X, Brooklyn, NY 11223 6003
December 22, 2008 (BR-MBD)
Fidelity First Mortgage Corporation
From: 654 Sharrots Road, Staten Island, NY 10309
To: 59 Lindenwood Road, Staten Island, NY 10308 2737
December 23, 2008 (BR-MBD)
Artisan Mortgage Company, Inc.
From: 724-726 Main Street, Islip, NY 11751
To: 726 Main Street, Islip, NY 11751 3620
Mortgage Banker Branch License Address Changes:
December 23, 2008 (MB-MBD)
CitiFinancial Company U/F/N CitiFinancial Company (DE)
From: 644 Stewart Avenue, Garden City, NY 11530
To: 632 Stewart Avenue, Garden City, NY 11530
December 23, 2008 (MB-MBD)
Somerset Investors Corporation DBA Somerset Mortgage Bankers
Additional DBA(S): Somerset Reverse Mortgage Lenders
From: 5340 N. Federal Highway, Suite 102, Lighthouse Point, FL 33064
To: 1166 West Northport Center Drive, Suite 311, Deerfield Beach, FL 33442
December 23, 2008 (MB-MBD)
Somerset Investors Corporation DBA Somerset Mortgage Bankers
Additional DBA(S): Somerset Reverse Mortgage Lenders
From: 290 Broadhollow Road, Suite LL250, Melville, NY 11747
To: 290 Broadhollow Road, Suite LL 150, Melville, NY 11747
The following Licensed Mortgage Banker paid a fine for failure to submit, in a timely manner, a Volume of Operations Report for the year 2007 which is required by Section 597 of the Banking Law.
December 22, 2008 (MB-MBD)
Intrade USA Corp. D/B/A Golden Globe Mortgage Bankers
3 Harbor Road, Cold Spring Harbor, NY 11724
THERE WILL BE NO SECTION III ITEMS THIS WEEK.
