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Weekly Bulletin
September 11, 2009

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

September 4, 2009 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notice of intention to close public accommodation office at 1110 Union Road, Southgate Plaza, Town of West Seneca, Erie County, NY 14224 as an adjunct to branch office at 1110 Union Road, Southgate Plaza, Town of West Seneca, Erie County, NY 14224, received.

The comment period on this notice will expire October 13, 2009.


September 9, 2009 (TR-CRB)
BANCO POPULAR NORTH AMERICA
7 West 51st Street, New York, NY 10019

Application dated September 3, 2009 for permission to open and occupy a branch office at 100 Park Place Boulevard, Kissimmee, Osceola County, FL 34741, received.

The comment period on this notice will expire October 13, 2009.


September 11, 2009 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

An application was received for a license to engage in business as a licensed casher of checks in connection with the purchase of certain assets of CEBCO Check Casher Corp., at 1152 Myrtle Avenue, Brooklyn, NY 11221.
 
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.

Any public response is to be given within ten business days.


Mortgage Banker License Name Change Received:

September 08, 2009 (MB-MBD)
From: Metrocities Mortgage, LLC D/B/A No Red Tape Mortgage
Additional DBA(s)
TCF Mortgage Services
Loring Ward Mortgage Services

To: Prospect Lending, LLC
In Lieu of True Name Prospect Mortgage LLC


SECTION II

August 17, 2009 (SFC-LFS)
THE CIT GROUP/CONSUMER FINANCE, INC. (NY)
1 CIT Drive, Livingston, NJ 07039-5703

License to engage in business as a sales finance company was surrendered.


August 28, 2009 (CC-LFS)
AMITYVILLE PAYROLL SERVICE, INC.
575 Broadway, Amityville, NY 11701

A license was issued to relocate a limited station casher of checks at Structural Industries, Inc., to 2950 Veterans Memorial Highway, Bohemia, NY 11716 from 96 New South Road, Hicksville, NY 11801.   

In connection with the above license issuance, the limited station license at Structural Industries, Inc., 96 New South Road, Hicksville, NY 11801 was surrendered. 


September 2, 2009 (TM-LFS)
CIBAO MONEY TRANSMITTING CORP.
37-88 103RD Street, Corona, New York 11368

A License was issued to change the location of doing business as a licensed money transmitter from 2 Executive Drive, Suite 730, Fort Lee, New Jersey 07024 to 37-88 103rd Street, Corona, New York 11368.

In connection with the above license issuance, the original money transmitter license for 2 Executive Drive, Suite 730, Fort Lee, New Jersey 07024 was surrendered.


September 8, 2009 (CC-LFS)
ARMAT, LTD
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.


September 8, 2009 (CC-LFS)
BUSH CAPITAL, LLC
889 4th Avenue, Brooklyn, NY 11232

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.


September 8, 2009 (CC-LFS)
CONEY ISLAND PAYROLL SERVICES INC.
1122 Coney Island Avenue, Brooklyn, NY 11230

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.


September 8, 2009 (CC-LFS)
MD CORPORATE SERVICES, INC.
470 Seventh Avenue, Suite 406, New York, NY 10018

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.


September 8, 2009 (CC-LFS)
UNITED FACTORING, LLC
2972 Nostrand Avenue, Brooklyn, NY 11229

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.


September 8, 2009 (CC-LFS)
V&R PAYROLL FACTORS, INC.
369 West 35th 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.


September 8, 2009 (CC-LFS)
CITY SERVICES, INC.
245 West 29th 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.


September 9, 2009 (BK-CRB)
GOLD COAST BANK
2929 Expressway Drive North, Islandia, NY 11749

Approval given to “Certificate of Amendment of the Organization Certificate of Gold Coast Bank under Section 8005 of the Banking Law” providing for an increase in the authorized amount of capital stock from $8,612,216 consisting of 2,153,054 shares, to $9,645,680 consisting of 2,411,420 shares, all with a par value of $4.00 each.

(This approval supersedes the approval given on August 4, 2009, and published in the Weekly Bulletin dated August 7, 2009, which was based on documents that incorrectly reflected the number of shares into which the capital stock was to be divided as 2,411,054.)


September 9, 2009 (CC-LFS)
NEW YORK CITY CREDIT & FUNDING, INC.
80-11 164th Street, Jamaica, NY 11432

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.


Certificate issued to engage in the business as a Mortgage Broker under Article 12-D of the New York State Banking Law:

September 09, 2009 (BR-MBD)
University Mortgage LLC
25 Main Street, 2nd Floor, Hackensack, NJ 07601


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

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
30 South Pearl Street, 8th Floor, Omni Plaza, Albany, NY 12207

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
49 Court Street, Metrocenter Mall, Binghamton, NY 13901

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
100 West Church Street, Suite 101, Elmira, NY 14901

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1300 Franklin Avenue, Garden City, NY 11530

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
330 Madison Avenue, 8th Floor, New York, NY 10017

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
600 Northern Boulevard, Great Neck, NY 11021

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
2 Jericho Plaza, Suite 101, Jericho, NY 11753

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
290 Broadhollow Road, Melville, NY 11747

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1211 Avenue of the Americas, 34th Floor, New York, NY 10036

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
2 Penn Plaza, 22nd Floor, New York, NY 10121

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
2 Blue Hill Plaza, Ground Floor, Pearl River, NY 10965

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
300 Linden Oaks, Rochester, NY 14625

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
28 East Main Street, 12th Floor, Rochester, NY 14614

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
250 South Clinton Street, Syracuse, NY 13202

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
340 Broadway, Saratoga Springs, NY 12866

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
3225 East Lake Road, Canandaigua, NY 14424

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
314 Ellicot Street, Batavia, NY 14020

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
55 East 52nd Street, 29th Floor, New York, NY 10055

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
285 Middle Country Road, Smithtown, NY 11787

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
100 South Bedford Road, Suite 200, Mount Kisco, NY 10549

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
353 South Broadway, Saratoga Springs, NY 12866

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1448 Balltown Road, Niskayuna, NY 12309

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
58 South Service Road, Reckson Executive Park, Melville, NY 11747

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
600 5th Avenue, 22nd Floor, New York, NY 10020

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
350 Essjay Road, Williamsville, NY 14221

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
611 East Main Street, Riverhead, NY 11901

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
900 South Avenue, Staten Island, NY 10314

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
399 Park Avenue, 12th Floor, New York, NY 10022

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
345 Park Avenue, 21st Floor, New York, NY 10154

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
898 Veterans Memorial Highway, Hauppauge, NY 11788

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
31 West 52nd Street, 23rd Floor, New York, NY 10019

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1 Penn Plaza, 43rd Floor, New York, NY 10119

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
50 Fountain Plaza, Key Tower, Buffalo, NY 14202

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
202 West State Street, Olean, NY 14760

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
65 Market Street, Potsdam, NY 13676

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
360 Linden Oaks, Rochester, NY 14625

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1250 Pittsford Victor Rd., Building 200, Suite 350, Pittsford, NY 14534

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
493 Chestnut Street, Oneonta, NY 13820

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
4 Manhattanville Road, Purchase, NY 10566

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
101 Park Avenue, 24th Floor, New York, NY 10178

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
787 7th Avenue, 36th Floor, New York, NY 10019

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
590 Madison Avenue, 11th Floor, New York, NY 10022

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1 New York Plaza, 36th Floor, New York, NY 10004

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
2678 South Road, Beachwood Office Park, Poughkeepsie, NY 12601

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
80 State Street, State Street Centre, 12th Floor, Albany, NY 12207

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
9 East Genesee Street, Skaneateles, NY 13152

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
821 Pre Emption Road, Geneva, NY 14456

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
20 Maple Street, Glens Falls, NY 12801

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
130 East Seneca Street, Suite 500, Ithaca, NY 14850

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
91 North Front Street, P.O. Box 3965, Kingston, NY 12401

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
1700 Mony Tower I, Syracuse, NY 13202

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
106 Business Park Drive, Utica, NY 13502

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
215 Washington Street, Watertown, NY 13601

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
388 Greenwich Street, 4th Floor, New York, NY 10013

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
889 Harrison Avenue, 2nd Floor, Riverhead, NY 11901

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
450 Essjay Road, Suite 100, Williamsville, NY 14221

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
100 Jericho Quadrangle, Suite 120, Jericho, NY 11753

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
450 Lexington Avenue, 40th Floor, New York, NY 10017

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
522 5th Avenue, 15th Floor, New York, NY 10036

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
6532 East Quaker Street, Orchard Park, NY 14127

September 09, 2009 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
855 Franklin Avenue, Garden City, NY 11530


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

September 08, 2009 (BR-MBD)
Full Service Branch
UBS Financial Services Inc.
5789 Widewaters Parkway, Dewittville, NY 13214
Effective Date: September 03, 2009

September 09, 2009 (BR-MBD)
Full Service Branch
Centennial Mortgage Corp.
562 Freedom Plains Road, Poughkeepsie, NY 12603
Effective Date: September 09, 2009


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

September 08, 2009 (MB-MBD)
Full Service Branch
Continental Mortgage Bankers Inc DBA Financial Equities
3914 Dyre Avenue, Suite 914, Bronx, NY 10466
Effective Date: September 04, 2009


The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:

September 03, 2009 (BR-MBD)
Exquisite Funding Corp.
1409 East 92nd Street, 2nd Floor, Brooklyn, NY 11236

September 03, 2009 (BR-MBD)
Direct Capital Corp.
1129 Northern Boulevard, Suite 400, Manhasset, NY 11030

September 08, 2009 (BR-MBD)
Platinum Home Finance, Inc.
1101 Stewart Avenue, Suite 303, Garden City, NY 11530


Mortgage Broker Certificate Address Changes:

September 08, 2009 (BR-MBD)
Harlequin Capital Corp.
From: 625 Middle Country Road, Suite 203, Coram, NY 11727
To: 28 Jones Street, Suite 102, East Setauket, NY 11733 2941


Mortgage Broker Branch Certificate Address Changes:

September 08, 2009 (BR-MBD)
Primerica Financial Services Home Mortgages, Inc.
From: 26 Fowler Street, Port Jervis, NY 12771
To: 41 Dolson Avenue, Suite 8, Middletown, NY 10940


Mortgage Banker Branch License Address Changes:

September 09, 2009 (MB-MBD)
Wall Street Mortgage Bankers Ltd. DBA Power Express
From: 1577 First Avenue, Ground Floor, New York, NY 10028
To: 165 Madison Avenue, Office #300, New York, NY 10016

September 09, 2009 (MB-MBD)
Wall Street Mortgage Bankers Ltd. DBA Power Express
From: 4801 Avenue N, 2nd Floor, Brooklyn, NY 11234
To: 378 93rd Street, Apt. 1 (Store Front), Brooklyn, NY 11220


The following Licensed Mortgage Banker paid a fine for failure to submit a Volume of Operations Report for the year 2008 which is required by Section 597 of the Banking Law.

Allied Home Mortgage Capital Corporation
6110 Pinemont Drive, Suite 215, Houston, TX 77092
Date: September 02, 2009   Amount: $10,000


SECTION III

September 1, 2009
THE FIRST NATIONAL BANK OF JEFFERSONVILLE
4866 State Route 52, Jeffersonville, NY 12748, Sullivan County

Application to open Bloomingburg Branch at 85 Main Street, Bloomingburg, NY 12721, Sullivan County.