Skip to Content

NY.gov Portal State Agency Listing

Translate | Disclaimer

Weekly Bulletin
December 31, 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

December 24, 2009 (TR-CRB)
BANCO POPULAR NORTH AMERICA
7 West 51st Street, New York, NY 10019

Notice of intention to close branch office at 159-17 Jamaica Avenue, Jamaica, Borough of Queens, City of New York 11432, received.

The comment period on this notice will expire February 1, 2010.


December 30, 2009 (CC-LFS)
BAYCHESTER PAYMENT CENTER, LLC
1029 East 233rd Street, Bronx, NY 10466-3344  

An application was received for a license to engage in business as a licensed casher of checks at 603 Westchester Avenue, Bronx, NY 10455-1504 in connection with the purchase of certain assets of Jackson Check Cashing Corp.

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 comments or objections should be submitted in writing to the Department by January 15, 2010.


December 31, 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 Fortune Check Cashing, Inc., at 1014 Cortelyou Road, Brooklyn, NY  11218.
 
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 comments or objections should be submitted in writing to the Department by January 15, 2010.


December 31, 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 Fortune Check Cashing, Inc., at 1407 Avenue Z, Brooklyn, NY  11235.
 
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 comments or objections should be submitted in writing to the Department by January 15, 2010.


December 31, 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 Fortune Check Cashing, Inc., at 1503 Newkirk Avenue, Brooklyn, NY  11226.
 
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 comments or objections should be submitted in writing to the Department by January 15, 2010.


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

December 28, 2009 (MB-MBD)
Applicant(s)
Gil Shenhav
Kenneth S. Newman
As: Powerhouse Solutions, Inc.

56 Harrison Street, Suite 503, New Rochelle, NY 10801 6516

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      20 2009

Luis  A  Mujica

Brooklyn

NY

July      21 2009

Richard    Cassiano

Smithtown

NY

July      28 2009

Matthew  Alexander  Zompanis

Merrick

NY

July      29 2009

Victor  John  Amatrudo

Staten Island

NY

July      30 2009

Debra  Christine  Ross

Palm Beach Gardens

FL

August    07 2009

Jeffrey  Richard  Williams

West Hempstead

NY

August    13 2009

Margaret    Bougades 

Stanfordville

NY

August    18 2009

Sherri  Ruth  Wine

Commack

NY

August    18 2009

Kevin  Francis  Murphy

Commack

NY

August    21 2009

Darlene  E  Mayhew

Miller Place

NY

August    24 2009

Richard  Joseph  Racine

Sparta

NJ

September 29 2009

Michael  David  Carni

Farmingdale

NY

October   01 2009

Penny  Renee  Massey

Huntington Beach

CA

October   10 2009

Harlan  Donald  Brisard

Westbury

NY

October   21 2009

Gurpreet    Kaur-Singh

New Hyde Park

NY

October   22 2009

Glenn    Paganetti

Glon Cove

NY

October   22 2009

Michael  Anthony  Dimicco

West Hempstead

NY

October   22 2009

Karla    Galazzo

Walker Valley

NY

October   22 2009

Eddy    Petion

West Islip

NY

October   22 2009

June    Lum Young Gonzales

Uniondale

NY

October   22 2009

Vanessa  Marie  Holland

Orange

CA

October   22 2009

David  Francis  Baur

Laguna Beach

CA

October   22 2009

Mark  Robert  Graham

Hartsdale

NY

October   22 2009

Ping  Chun  Turng

Irvine

CA

October   22 2009

Alexander  Viet  Pham

Aliso Viejo

CA

October   22 2009

Dwight  Lloyd  Ritchie

Diamond Bar

CA

October   23 2009

Ryan    Ramdhani

Jamaica

NY

October   23 2009

David  F  Bilski

Buffalo

NY

October   23 2009

Jason  Eric  Epstein

Cedarhurst

NY

October   25 2009

Di    Zhang

College Point

NY

October   27 2009

Isabel  Wendy  Buonato

Staten Island

NY

October   27 2009

Daniel    Ninowski  Jr.

Irvine

CA

October   27 2009

Bradford    Neal

Palm Coast

FL

October   27 2009

Elliot    Safier

Lakewood

NJ

October   27 2009

David    Sayers

Thornwood

NY

October   28 2009

Keith  Anthony  Blades

Poughkeepsie

NY

October   28 2009

Cameron    Henderson

Irvine

CA

October   28 2009

Madelyn Rodriguez De Benitez

Albany

NY

October   28 2009

Robert  Sean  Cochems

Costa Mesa

CA

October   28 2009

Kristin  Noel  Pechstein

Aliso Viejo

CA

October   28 2009

Colleen  P  Donahue

Bay Shore

NY

October   28 2009

Graham  Knox  Torrey

Parker

CO

October   28 2009

Sonya  Lynn  Smith

Laguna Beach

CA

October   28 2009

Christopher    Royce

Manlius

NY

October   28 2009

Aldo  Joseph  Del Sorbo

Staten Island

NY

October   28 2009

James  A  Hicks

Clifton Park

NY

October   28 2009

Michael  S.  Humenik

Copiague

NY

October   28 2009

Ryan  Joseph  Barry

Waldwick

NJ

October   28 2009

Yuan    Williams

Syosset

NY

October   28 2009

Lisa  Sharon  Dercola

Rochester

NY

October   28 2009

Zoltan    Simon

Westwood

NJ

October   29 2009

Kenechukwu  Pius  Ofili  III

Chino Hills

CA

October   29 2009

Samuele    Dragone

Washingtonville

NY

October   29 2009

Sandra  Lynn  Bailey

Gloversville

NY

October   29 2009

Gregory  L  Byrd

Rochester

NY

October   29 2009

Dale  Arthur  Jones

Remsen

NY

October   29 2009

James  Thomas  Grossi

Manorville

NY

October   29 2009

Thomas  Michael  Huebsch

Buffalo

NY

October   29 2009

Robert  A  Cambra

Fayetteville

NY

October   30 2009

Jason    Skinrood

Pleasant Grove

UT

November 18 2009

Joseph  W  Garecht

Brewster

NY

November 19 2009

Steven  Thomas  Scotto

Farmingville

NY


SECTION II

December 28, 2009 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Certificate of Authorization issued December 30, 2008 to transact the business of Private Bankers revoked, effective January 1, 2010.


December 28, 2009 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Authorization to transact the business of Private Bankers issued, effective January 1, 2010.

GENERAL PARTNERS/CLASS 1 LIMITED PARTNERS

Thomas E. Berk  Susan C. Livingston
Brian A. Berris T. Michael Long
Taylor S. Bodman   Hampton S. Lynch, Jr.
John J. Borland Michael W. McConnell
Timothy J. Connelly John P. Molner
Geoffrey M. Cook Donald B. Murphy
Carl S. Cutler Yukinori Nagahisa
Douglas A. Donahue, Jr. John A. Nielsen
Anthony T. Enders Sean Pairceir
Alexander T. Ercklentz A. Heaton Robertson III
Dario Galindo Jeffrey A. Schoenfeld
John A. Gehret Kevin W. Stone
Kathryn C. George W. Carter Sullivan III
Robert R. Gould Andrew J. F. Tucker
Timothy E. Hartch Lawrence C. Tucker
Kyosuke Hashimoto  William B. Tyree   
Landon Hilliard Maroa C. Velez
Jeffrey R. Holland Douglas C. Walker
Charles O. Izard  William J. Whelan, Jr.
Radford W. Klotz Richard H. Witmer, Jr.

           CLASS 2 LIMITED PARTNERS

J. William Anderson John C. Hanson
Peter B. Bartlett  Ronald J. Hill
Walter H. Brown Michael Kraynak, Jr.
Terrence M. Farley Eugene C. Rainis
Elbridge T. Gerry, Jr. Stokley P. Towles
Kristen F. Giarrusso  

Permanent capital: $250,000,000

(These Private Bankers are already under the supervision of the Department.  New Certificate issued by reason of the admission to the firm of Timothy E. Hartch and Sean Pairceir as General Partners/Class 1 Limited Partners, and the conversion of Stokley P. Towles from General Partner/Class 1 Limited Partner to Class 2 Limited Partner.)


December 29, 2009 (SB-CRB)
FULTON SAVINGS BANK
75 South First Street, Fulton, NY 13069

Authorization granting permission to open and occupy a branch office at 6 River Glen Square, Fulton, Oswego County, NY 13069, surrendered for cancellation.

Office discontinued as of December 18, 2009.


December 29, 2009 (PF-LFS)
PREMIUM FINANCE SPECIALISTS, INC.
427 West 12th Street, Suite 100, Kansas City, MO 64105

License issued to engage in business as an insurance premium finance agency at the following location:

  1. 8245 Nieman Road, Suite 100, KS 66214

December 29, 2009(PF-LFS)
PREMIUM FUNDING ASSOCIATES, INC.
One World Financial Center, 200 Liberty Street, New York, NY  10281

Headquarters and Branch licenses issued to engage in business as a premium finance company at the following three (3) branch locations:

  1. 344 Delaware Avenue
    Buffalo, NY  14202
  2. 255 East Avenue, Suite 301
    Rochester, NY  14604
  3. 200 Broadhollow Road, Suite 406
    Melville, NY  11747

December 30, 2009 (MS-CRB)
EAST WEST BANK
135 North Los Robles Avenue, Pasadena, CA 91101

Authorization granting permission to open and occupy a branch office at 1801 Church Avenue, Borough of Brooklyn, City of New York 11226, surrendered for cancellation.

Office discontinued as of December 19, 2009.


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

December 24, 2009 (BR-MBD)
Full Service Branch
Blue Key Financial Mortgage Company, Inc.
11 Middle Neck Road, Great Neck, NY 11021
Effective Date: December 24, 2009


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

December 29, 2009 (MB-MBD)
Full Service Branch
Cliffco, Inc. DBA Cliffco Mortgage Bankers
Additional DBA(S): Forward/Reverse Funding
134 Main Street, Building 2, New Paltz, NY 12561
Effective Date: December 29, 2009

December 30, 2009 (MB-MBD)
Full Service Branch
Associated Mortgage Bankers, Inc.
998 Middle Country Road, Selden, NY 11784
Effective Date: December 21, 2009


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

December 28, 2009 (BR-MBD)
J.P.M. Home Funding Inc.
299 Albany Avenue, Brooklyn, NY 11213


Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:

December 24, 2009 (BR-MBD)
Smart Choice Mortgage Co., Inc.
208 Hosmer Avenue, Bronx, NY 10465
Effective Date: December 24, 2009

December 24, 2009 (BR-MBD)
Financial One Mortgage Company, Inc.
457 Aiken Avenue, Dracut, MA 01826
Effective Date: December 24, 2009


Mortgage Broker Certificate Address Changes:

December 24, 2009 (BR-MBD)
Blue Key Financial Mortgage Company, Inc.
From: 33 Bay Ridge Avenue, Brooklyn, NY 11220
To: 11 Middle Neck Road, Great Neck, NY 11021


Mortgage Broker Branch Certificate Address Changes:

December 24, 2009 (BR-MBD)
Territory Mortgage, Inc.
From: 4464 Milton Avenue, Camillus, NY 13031
To: 670 Franklin Street, Schenectady, NY 12305

December 29, 2009 (BR-MBD)
Empire Equity Group, Inc. D/B/A 1st Metropolitan Mortgage
From: 2517 Highway 35, Building B Annex, Manasquan, NJ 08736
To: 2517 Highway 35, Building B, Suite 103-104, Manasquan, NJ 08736


Mortgage Banker Branch License Address Changes:

December 24, 2009 (MB-MBD)
First Priority Mortgage Inc.
From: 75 Main Street, Sidney, NY 13838
To: 39 Main Street, Sidney, NY 13838

December 24, 2009 (MB-MBD)
Continental Home Loans Inc. D/B/A Senior Home Loans
From: 270 South Service Road, Melville, NY 11747
To: 2900 Westchester Avenue, Suite 404, Purchase, NY 10577


Application approved pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for a control interest:

December 30, 2009 (MB-MBD)
Applicant(s)
Estate of Sherwood Finn (Michael S. Finn, Executor)
To acquire interest in:
Syracuse Securities, Inc.
1010 James Street, Syracuse, NY 13203

December 30, 2009 (MB-MBD)
Applicant(s)            
GTIH II Merger Sub LLC
To acquire interest in:
Green Tree Credit LLC
Landmark Towers, 345 St. Peter St., Ste 300, St. Paul, MN 55102 1211


Applications for authorization as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

December 29 2009

Leonard  B  Holler

Bergenfield

NJ

December 29 2009

Samuel    Cino

Webster

NY

December 29 2009

Rodd  H.  Leeds

East Hills

NY

December 29 2009

Karen  Lynn  Foerst

Hopewell Jct

NY

December 29 2009

Randy    D'Ambrosio

Plainview

NY

December 29 2009

Frank  J  Sidoti  Jr.

Simsbury

CT


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 Part 420 of the Superintendent’s Regulations which may be found on the Department’s website.

June 12 2008

Allison  Bell

Riverhead

NY

August 29  2008

Brian  LeBoeuf

New Rochelle

NY

January 15 2009

Remmill J. Valenzuela

Bayonne

NJ

January 27 2009

Luz  Corina  Ali

Poughkeepsie

NY

February 11 2009

Casmas    Bailey

Brooklyn

NY

February 19 2009

Kathleen    Romeo

Maywood

NJ

April  02  2009

David  Lawrence Altuzarra

Forest Hills

NY

April  10 2009

Thomas    Juliano

E.Islip

NY

April  15 2009

Michael    Liang

New York

NY

June   27 2009

Michael  T  Mchugh

Oakdale

NY


THERE ARE NO SECTION III ITEMS THIS WEEK.