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New York State Department of Financial Services

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
TR = Trust Company
PB = Private Banker
SD = Safe Deposit Company
HC = Holding Company
SB = Savings Bank
MK = Merchant Bank
SL = Savings and Loan Association
CU = Credit Union
IC = Investment Company
FA = Foreign Agency

FB = Foreign Branch
FR = Foreign Representative Office
PR = Premium Finance Agency
SF = Sales Finance Agency
LL = Licensed Lender
TM = Transmitter of Money
BP = Budget Planner
CC = Check Casher
MB = Mortgage Banker
BR = Mortgage Broker
MS = Miscellaneous

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.

April     24 2008

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:

  1. 9209A-B Chennault Way, Gaithersburg, Montgomery County, MD 20879; and
  2. 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.


 

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