Skip to Content

Translate | Disclaimer

New York State Department of Financial Services

Weekly Bulletin
November 13, 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

November 6, 2009 (BK-FWB)
SHINHAN BANK AMERICA
330 Fifth Avenue, New York, NY 10016

Bulletin item dated October 28, 2009, which appeared in the Weekly Bulletin dated October 30, 2009, advising of the receipt of an application for permission to change the location of branch office from 136-68 Roosevelt Avenue, Flushing, Borough of Queens, City of New York 11354 to 136-20 38th Avenue, Flushing, Borough of Queens, City of New York 11354, is amended to read as follows:

Application dated October 26, 2009, as amended by letter dated November 2, 2009, for permission to change the location of branch office from 136-68 Roosevelt Avenue, Flushing, Borough of Queens, City of New York 11354 to 136-20 38th Avenue (a/k/a 136-17 39th Avenue), Flushing, Borough of Queens, City of New York 11354, received.


November 10, 2009 (CC-LFS)
AMITYVILLE PAYROLL SERVICE, INC.
575 Broadway, Amityville, NY 11701

An application was received to relocate a limited station casher of checks at Metal Improvement Company, LLC to 210 Candlewood Road, Bay Shore, NY 11706 from 195 Field Street, West Babylon, NY 11704. 

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.


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

November 06, 2009 (MB-MBD)
Applicant(s)
Matthew James Sullivan
As: Semper Financial Mortgage Corporation

One Richmond Square, Suite 117K, Providence, RI 02906 5136

Article 12-E Applications received after July 11, 2009. Each individual listed may not engage in mortgage loan origination activities until notified in writing that he or she may do so. In addition, all such individuals must be licensed by the dates set forth in Article 12-E (as in effect on July 11, 2009).  They must  also complete all required education, testing and bonding requirements by the dates set forth in regulations being drafted by the Superintendent pursuant to the authority of Article 12-E.

July 13 2009

Jerry    Lul

Riverhead

NY

July 20 2009

Cato Alexander  Thomas

Brooklyn

NY

July 21 2009

Khosrow  D  Ghazi

Mastic

NY

July 22 2009

Pyongyon    Kim

Edison

NJ

July 23 2009

Mehdi  D  Ghazi

Mastic

NY

July 24  2009

Lynda  Anne  Pflum

Philadelphia

PA

July 27 2009

Claudia  E  Echeverri

Fresh Meadows

NY

July 30 2009

Rezan  Ben  Nasim

Bronx

NY

August 12 2009

Richard  Anthony  Russo

Yaphank

NY

August 27 2009

Mark  Alexander  Palmer

Garden City

NY

September 09 2009

Michael Timothy  Laheney

Mahwah

NJ

September 10 2009

Joseph  E  Brunken

Forest Hills

NY

September 10 2009

Michael    Mikhailov

Scarsdale

NY

September 16 2009

Gary    Merdingor

Brooklyn

NY

October 01 2009

Skip  Granger  Swerdling

Hauppauge

NY

October 06 2009

Michael    Gullo

Ronkonkoma

NY

October 06 2009

Urim    Neza

North Bellmore

NY

October 06 2009

Neil  Gupit  Velasco

Roslyn Heights

NY

October 06 2009

Anne  M  Curci

Marlboro

NY

October 06 2009

James  Jong  Cha

Norwood

NJ

October 07 2009

Suzanne    Mcgrath

Norwood

MA

October 07 2009

Timothy  Morgan  Johnson

Fountain Valley

CA

October 07 2009

Lisa  F.  Ashkenas

Cliffside Park

NJ

October 07 2009

David  William  Beety

Mantua

NJ

October 07 2009

Michael Daniel  Mulqueen  Jr.

Pomona

NY

October 07 2009

Nikolaus Anthony  Long

Bellmawr

NJ

October 07 2009

William  W  Aston

Voorhees

NJ

October 07 2009

Duane  Alan  Carroll

Columbia

MO

October 07 2009

Charlene  Yvonne  Clem

Columbia

MO

October 08 2009

Giovanni   Albano

Bronx

NY

October 08 2009

Anjali   Kumar

New York

NY

October 08 2009

Travis  Keith  Neil

Columbia

MO

October 08 2009

Jeffrey  Richard  Grace

Columbia

MO

October 09 2009

William  R  Cuevas

Bronx

NY

October 09 2009

Angelina  A  Siragusa

Poughquag

NY

October 09 2009

Thomas  Michael  Moore

Ormond

FL

October 09 2009

Nancy  Francis  Wright

Middletown

NY

October 09 2009

Moti    Seoparson

Floral Park

NY


SECTION II

November 5, 2009 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at Rutter's Farm Store, 14 West Pennsylvania Avenue, Stewartstown, York County, PA 17363.


November 5, 2009 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

As provided in Section 28-c of the Banking Law, the Superintendent of Banks has found that the proposed closing of 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 will not result in a significant reduction of banking services in the community to be affected.


November 5, 2009 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14902

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at Quality Beverage, 1137 Maple Avenue, Elmira, Chemung County, NY 14901.


November 7, 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.


November 7, 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.


November 7, 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.


November 7, 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.


November 7, 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.


November 7, 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.


November 8, 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.


November 9, 2009 (BP-LFS)
INTELLIDEBT CORP.
7900 Churchill Way, Suite 6103, Dallas, TX 75251

A rider was issued in connection with the main office relocation to 7900 Churchill Way, Suite 6103, Dallas, TX 75251 from 6550 Shady Brook Lane, Suite 430, Dallas, TX 75206.


November 9, 2009 (CC-LFS)
CITY SERVICES, INC.
245 W. 29th Street, New York, NY 10001

An application for a permanent commercial check cashing license was denied. This is effective 30 days from the date of this notice at the close of business on December 9, 2009 and City Services, Inc. may not engage in any check cashing operations that are subject to Article IX-A of the New York Banking Law after that date.


November 10, 2009 (MS-CRB)
NOMURA INTERNATIONAL TRUST COMPANY
25 Corporate Place South, Piscataway, NJ 08854

Notification received of the closing of a representative office at Two World Financial Center, Building B, Borough of Manhattan, City of New York 10281, effective October 1, 2009.


November 10, 2009 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 57 South Sillyman Street, Cressona, Schuylkill County, PA 17929, surrendered for cancellation.

Office discontinued as of October 9, 2009.


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

November 09, 2009 (BR-MBD)
Central Capital Funding, Inc.
75-35 31st Avenue, Suite 201, Jackson Heights, NY 11370


Subsequent to a hearing conducted on September 8, 2009, the following company's Mortgage Banker license was revoked on October 26, 2009. The Superintendent found substantial evidence has been adduced that the Respondent, a mortgage banker violated the provisions of Section 597 of the New York Banking Law and Part 410.8(b) of the Superintendent's Regulations for failure to submit a Volume of Operation Report for the 2007 calendar year. Additionally, the Licensee was in violation of Part 410.1(b)(2) of the Superintendent's Regulations for failure to provide evidence of an existing line of credit of not less than $1,000,000, and in violation of Section 591-a of the New York Banking Law and Section 410.9 of Part 410 of the Superintendent's Regulations for failure to maintain an active corporate surety bond.  
  
November 06, 2009 (MB-MBD)
United California Systems International, Inc.
2049 Century Park East, Suite 2550, Los Angeles, CA 90067 3139
Effective Date: October 26, 2009


The following Mortgage Broker is suspended effective November 4, 2009 for failure to maintain corporate surety bond pursuant to Section 410.14 of Part 410 of the Superintendent's Regulations.

November 6, 2009 (BR-MBD)
Morris Group Funding LTD
621 Ann Street, Stroudsburg, PA 18360


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

November 06, 2009 (BR-MBD)
Binghamton Mortgage Company, LLC
4747 Vestal Parkway East, Vestal, NY 13850 4702

November 06, 2009 (BR-MBD)
Mainstay Mortgage Corp.
1455 Veterans Highway, Hauppauge, NY 11749

November 06, 2009 (BR-MBD)
Capital Plus Corp.
106-06 Jamaica Avenue, Richmond Hill, NY 11418 2015

November 09, 2009 (BR-MBD)
Options Funding Inc.
87-98 193rd Street, Holliswood, NY 11423

November 10, 2009 (BR-MBD)
Trachtman & Bach, Inc.
138 7th Avenue, Brooklyn, NY 11215 2246
Branch Offices:
1560 Broadway, Suite 707, New York, NY 10036

November 10, 2009 (BR-MBD)
D&M Funding and Mortgage Consultants, LLC
3136 Route 207, Campbell Hall, NY 10916 2224

November 10, 2009 (BR-MBD)
The AMB Network                 
America's Mortgage Broker, L.L.C.
324 North Dale Mabry Highway, Suite 203, Tampa, FL 33609


Mortgage Banker License Name Changes:

November 09, 2009 (MB-MBD)
From: Somerset Investors Corporation DBA Somerset Mortgage Bankers
Additional DBA(s) Somerset Reverse Mortgage Lenders

To: Somerset Investors Corporation DBA Somerset Mortgage Bankers
Additional DBA(S): Somerset Reverse Mortgage Lenders
Somerset Mortgage Lenders


Mortgage Broker Certificate Address Changes:

November 06, 2009 (BR-MBD)
CapitalPartners mc Incorporated
From: 400 Garden City Plaza, Suite 204, Garden City, NY 11530
To: 595 Stewart Avenue, Suite 700A, Garden City, NY 11530 4736

November 10, 2009 (BR-MBD)
Excelsior Mortgage Limited Liability Company
From: 22 Ridge Road, 2nd Floor, Lyndhurst, NJ 07071
To: 1280 Route 46 West, 2nd Floor, Parsippany, NJ 07054 4911

November 10, 2009 (BR-MBD)
Vantage Mortgage LLC
From: 30-56 Whitestone Expressway, Suite 360, Whitestone, NY 11354
To: 45-43 Bell Boulevard, 3rd Floor, Bayside, NY 11361 3352


Mortgage Banker License Address Changes:

November 10, 2009 (MB-MBD)
Pulte Mortgage LLC
From: 7475 South Joliet Street, Englewood, CO 80112
To: 7390 South Iola Street, Englewood, CO 80112 3803


Mortgage Broker Branch Certificate Address Changes:

November 06, 2009 (BR-MBD)
Primerica Financial Services Home Mortgages, Inc.
From: 601 Veterans Memorial Highway, Suite 140, Hauppauge, NY 11788
To: 700 Veterans Memorial Highway, Suite 40, Hauppauge, NY 11788


Article 12-E Applications filed prior to July 11, 2009 and deemed complete by the Superintendent.  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. In addition, all such individuals must be licensed by the dates set forth in Article 12-E (as in effect on July 11, 2009). They must  also complete all required education, testing and bonding requirements by the dates set forth in regulations being drafted by the Superintendent pursuant to the authority of Article 12-E.

January 07 2009

Nona    Davydova

Flushing

NY

March 18 2009

Paul  Anthony  Service

Amityville

NY

March 23 2009

Hector    Passini

Bellerose

NY

June 03 2009

Sheri   Todd Hill

Jacksonville

FL

June 11 2009

Virginia    Luque

Asheroken

NY

June 19 2009

Raesheen    Cook

Elmont

NY

June 22 2009

Anca    Pasare

Lindenhurst

NY

July 10 2009

Forrest  Dent  Hewes

Nashville

TN


THERE ARE NO SECTION III ITEMS THIS WEEK.

 


About DFS

Contact DFS

Reports & Publications

Licensing

Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter