NYSBD Weekly Bulletin 11/13/09

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

November 7, 2009 (CC-LFS)
CONEY ISLAND PAYROLL SERVICES INC.
1122 Coney Island Avenue, Brooklyn, NY 11230

November 7, 2009 (CC-LFS)
MD CORPORATE SERVICES, INC.
470 Seventh Avenue, Suite 406, New York, NY 10018

November 7, 2009 (CC-LFS)
UNITED FACTORING, LLC
2972 Nostrand Avenue, Brooklyn, NY 11229

November 7, 2009 (CC-LFS)
V&R PAYROLL FACTORS, INC.
369 West 35th Street, New York, NY 10001

November 8, 2009 (CC-LFS)
NEW YORK CITY CREDIT & FUNDING, INC.
80-11 164th Street, Jamaica, NY 11432

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.