NYSBD Weekly Bulletin 6/03/11

Weekly Bulletin
June 3, 2011

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 l

June 3, 2011 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

Applications were received for licenses to operate limited station casher of checks at the following locations and times:

Elm York, LLC, Elm York Home for Adults, 10030 Ditmars Blvd., East Elmhurst, NY 11369, third day of the month or next business day from 9:00am to 5:00pm;

Gateway Counseling Center, Inc., 4500 Furman Ave., Bronx, NY 10470, bi-weekly on Thursdays from 11:30am to 1:30pm;

Madison York Assisted Living Community, LLC, 112-14 Corona Ave., Corona, NY 11368, third day of the month or next business day from 9:00am to 5:00pm;

Madison York Rego Park, LLC, 61-80 Woodhaven Blvd., Rego Park, NY 11374, third day of the month or next business day from 9:00am to 5:00pm;

Pelham Bay Refrigeration and Air Conditioning Services, Inc., 396 Morris Park Ave., Bronx, NY 10460, weekly on Fridays from 7:00am to 8:00am;

Kingsbridge Heights Receiver LLC dba Kingsbridge Heights Rehabilitation Care Center, 3400-26 Cannon Place, Bronx, NY 10463, weekly on Thursdays from 2:30pm to 4:00pm;

Workmen’s Circle Home WeCare, Inc. dba Workmen’s Circle MultiCare Center, 3155 Grace Ave., Bronx, NY 10469, weekly on Fridays from 1:30pm to 3:30pm.

The publication of receipt of these applications does not indicate that the applications are 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, within ten business days, by June 17, 2011.

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent’s Regulations For a control interest:

May 27, 2011 (MB-MBD)
Applicant(s)
Fortress Investment Group LLC
FCFI Acquisition LLC
AGF Holding, Inc.
Springleaf Finance, Inc.
To indirectly acquire interest in:
Springleaf Home Equity, Inc.
601 N.W. Second Street, Evansville, IN 47708

Article 12-E Applications received. Individuals listed may not engage in mortgage loan origination activities prior to the approval of their application for licensing. 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.

Date of Application	NMLS ID	Name of Applicant	City & State of Residence
April 30, 2010	71387	Dai Izzo	Manorville	NY
November 17, 2010	90185	Daniel Hendershot	Hopatcong	NJ
November 22, 2010	212519	Craig W Galea	Mamaroneck	NY
January 13, 2011	395696	Thomas J. Petsche	Massapequa Park	NY
March 15, 2011	469321	Marc Eric Rathaus	Great Neck	NY
March 21, 2011	338202	Yves Gardy Lebrun	Brooklyn	NY
April 12, 2011	220692	Yves J Duquella	Ny	NY
April 14, 2011	307592	Megan Ridgway	West Chester	PA
April 15, 2011	398009	Marko Josa Bicanic	Maspeth	NY
April 15, 2011	338376	Andrew Angelo Pasquale	Lockport	NY
May 6, 2011	370766	Jesse Michael Wiggins	Cheektowaga	NY
May 6, 2011	493342	Grant Evan Morgan	Dearborn	MI
May 6, 2011	493354	Sean Alan Wunsche	Romeo	MI
May 6, 2011	493321	Amy Lynne Broome	Livonia	MI
May 6, 2011	493338	Alicia Erin Madaj	Canton	MI
May 6, 2011	26862	Jennifer Rebecca Cicotte	Livonia	MI
May 9, 2011	433836	Claire Clark Rhodes	Trumbull	CT
May 9, 2011	493331	Andrew Stephen Gron	Livonia	MI
May 9, 2011	263281	Jason James Hutcheon	Costa Mesa	CA
May 9, 2011	645554	Karen Michelle Wiesner	Rochester	NY
May 10, 2011	314749	Benjamin Wade Law	Carrollton	TX
May 10, 2011	493348	Daniel Joseph Silverman	Stoughton	WI
May 10, 2011	493350	Christopher David Smith	Waterford	MI
May 10, 2011	493322	Emmanuel Jay Ward-Callahan	Belleville	MI
May 10, 2011	366960	Justin Gregory Meek	Phoenix	AZ
May 10, 2011	493346	Derek James Riley	Farmington Hills	MI
May 10, 2011	411748	Ann Barbara Wald	Corinth	TX
May 10, 2011	372332	Richard Willis Tibbetts Jr.	Bel Air	MD
May 23, 2011	65175	William John Lane	Schenectady	NY

SECTION II

May 19, 2011 (CC-LFS)
ARGO CHECK CASHING INC.
124 West 18th Street, New York, NY 10011

License to engage in business as casher of checks at 124 West 18th Street, New York, NY 10011 was surrendered.

May 20, 2011 (CC-LFS)
CHECK BUSTERS FINANCIAL SERVICES, INC.
25 Willoughby Street, Brooklyn, NY 11201

Licenses to engage in business as casher of checks were surrendered for the following locations:

127-03 Merrick Boulevard, St. Albans, NY 11434

125-16 Liberty Avenue, Richmond Hill, NY 11418

150-28 Liberty Avenue, Queens, NY 11433

May 26, 2011 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

As provided in Section 28-c of the Banking Law, the Superintendent of Banks has found that the proposed closing of branch office at 3249 Union Street, North Chili, Town of Chili, Monroe County, NY 14514 will not result in a significant reduction of banking services in the community to be affected. (Five Star Bank will continue to operate an automated teller machine and a customer depository at this location.)

May 27, 2011 (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 Schuyler Hospital, 220 Steuben Street, Montour Falls, Schuyler County, NY 14865.

May 31, 2011 (SF-LFS)
V.I.P. FUNDING, LTD.
214 West Park Avenue, Long Beach, Nassau County, NY 11561

A license rider was issued for a change of location of a sales finance Company from 344 Long Beach Road, Island Park, Nassau County, NY 11558.

June 1, 2011 (CU-CRB)
MORSE CHAIN ITHACA EMPLOYEES FEDERAL CREDIT UNION
620 South Aurora Street, Ithaca, NY 14850

The “Charter Conversion Plan,” dated as of May 4, 2011 together with the “Organization Certificate of Morse Chain Ithaca Employees Credit Union,” were filed in the Office of the Superintendent of Banks, and an authorization certificate was issued in connection with the conversion of Morse Chain Ithaca Employees Federal Credit Union from federal to State charter, pursuant to Section 486 of the Banking Law, under the name Morse Chain Ithaca Employees Credit Union. The conversion became effective as of 12:01 A.M. June 1, 2011.

June 1, 2011 (CU-CRB)
CFCU COMMUNITY CREDIT UNION
1030 Craft Road, Ithaca, NY 14850
MORSE CHAIN ITHACA EMPLOYEES CREDIT UNION
620 South Aurora Street, Ithaca, NY 14850

The Superintendent of Banks has filed, pursuant to the provisions of Section 601-b of the New York Banking Law, as of 12:01 A.M. June 1, 2011, a Merger Agreement, dated May 4, 2011, and other required documents, providing for the merger of Morse Chain Ithaca Employees Credit Union with and into CFCU Community Credit Union under the name CFCU Community Credit Union.

June 2, 2011 (BK-CRB)
HAMPTONS STATE BANK
243 North Sea Road, Southampton, New York 11968

Hamptons State Bank, Southampton, N.Y. merged with and into The Bridgehampton National Bank, Bridgehampton, New York, effective as of May 27, 2011.

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

May 27, 2011 (BR-MBD)
Tzipporah Wexler
550 Grand Street H3D, New York, NY 10002
Effective Date: May 20, 2011

May 27, 2011 (BR-MBD)
MKG Funding Corp. D/B/A Grant Management Services
840 Willis Avenue, 2nd Floor, Albertson, NY 11507
Effective Date: May 24, 2011

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

May 27, 2011 (MB-MBD)
Euro Mortgage Bankers, Inc.
1 Huntington Quadrangle, Suite 1N16, Melville, NY 11747 4403
Effective Date: May 19, 2011

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

May 31, 2011 (BR-MBD)
Full Service Branch
Guardian First Funding Group, LLC
100 Penn Square East, Suite 1200, Philadelphia, PA 19107
Effective Date: May 31, 2011

May 31, 2011 (BR-MBD)
Full Service Branch
Guardian First Funding Group, LLC
3 Huntington Quadrangle, Suite 303N, Huntington, NY 11747
Effective Date: May 31, 2011

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

May 26, 2011 (BR-MBD)
Magnet Portfolio Processing, Inc. DBA Processing Center
230 Hilton Avenue, Suite 206, Hempstead, NY 11550

May 31, 2011 (BR-MBD)
Globex Mortgage In Lieu of True Name Globex Lending Corp.
1001 North Federal Highway, Suite 102, Hallandale, FL 33009 3771

Mortgage Broker Certificate Name Changes:

May 31, 2011 (BR-MBD)
From: Coltrain Funding Group LLC
To: Coltrain Funding Group LLC d/b/a Senior Solutions Network

Mortgage Broker Certificate Address Changes:

May 31, 2011 (BR-MBD)
BQN Consulting Corp.
From: 7611 Myrtle Avenue, Glendale, NY 11385
To: 61 Woods Drive, East Hills, NY 11576 2613

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:

May 27, 2011 (MB-MBD)
Applicant(s)
Donald Edward Moran

To acquire interest in:
Associated Mortgage Bankers, Inc.
600 Old Country Road, Suite 207, Garden City, NY 11530 2011

Applications for licensing 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:

Date Withdrawn	NMLS ID	Name of Applicant	City & State of Residence
October 2, 2010	106025	Christopher Omar Alexander	Hempstead	NY
October 4, 2010	175412	Jessica Ramirez Fieramosca	Corona	CA
April 12, 2011	349485	Guy Ashton Soeder	Huntington Beach	CA
May 9, 2011	220956	Scott Swartz	San Diego	CA
May 25, 2011	139372	Lee Alexander Pearson	Lutz	FL
May 26, 2011	9327	Liane Grace Henderson	Jacksonville	FL
May 26, 2011	40152	Kathleen Celso	Walworth	NY
May 26, 2011	50753	Christina Cinquemani Coutinho	Bayside	NY
May 26, 2011	64340	Gnorae Joy Wright	Hempstead	NY
May 26, 2011	70611	Sharon Brenner	Lindenhurst	NY
May 26, 2011	33521	Nicholas Eakin	Rock Hill	SC
May 26, 2011	172735	Maevis Rhey Duque	Walnut	CA
May 26, 2011	42342	John Karl Peitler	Garden City Park	NY
May 26, 2011	150059	Ruben E Rozo	Bethlehem	PA
May 26, 2011	148613	Joseph Edwin Mascuch	Hamburg	NJ
May 26, 2011	251182	Jeffrey Alan Cree	Colleyville	TX
May 31, 2011	66219	Pat Bartley	Bronx	NY
May 31, 2011	64508	Scott Garrett Lyle	Williamstown	NJ
May 31, 2011	196799	Rosaria Barone	Staten Island	NY
May 31, 2011	347836	Allan Robert Tripp	Atlantic Beach	FL
May 31, 2011	75555	Abraham Thomas	Ocean	NJ
June 1, 2011	23259	Mary K Fudge	Kendall	NY
June 1, 2011	68564	Mark A Santangelo	Colts Neck	NJ
June 1, 2011	132690	Robbie Rodriguez	Aliso Viejo	CA
June 1, 2011	223254	Russell Rene Levine	Bronx	NY

Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.

Date of Approval	NMLS ID	Name of Applicant	City & State of Residence		Sponsoring Entity
September 30, 2009	18497	Margaret Ann Argento	Huntington Station	NY	CLIFFCO, INC.
May 21, 2010	18425	Ian Donovan Henson	Murfreesboro	TN	HOME LOAN CENTER, INC.
July 13, 2010	22506	Michael Jaison Lederman	New York	NY	ASSOCIATED MORTGAGE BANKRERS, INC.
September 29, 2010	18277	Nicole Consi	Farmingdale	NY	NEW YORK PROCESSING, INC.
October 25, 2010	20518	Neil Jackson	Warwick	RI	EMBRACE HOME LOAN, INC.
November 5, 2010	213682	Joseph A.V. Semper	Bronx	NY	PRIMERICA FINANCIAL SERVICES HOME MORTGAGES, INC.
December 3, 2010	214171	Michele Samuels- El-Amrani	N.Bellmore	NY	PRIMERICA FINANCIAL SERVICES HOME MORTGAGES, INC.
December 9, 2010	54181	Stephen Miller Crouse	New Canaan	CT	LANDMARK FINANCIAL GROUP, LLC
December 14, 2010	63901	Joyce A Corlett	Hamburg	NY	FLAHERTY FUNDING CORPORATION
December 14, 2010	118505	Grace P Bozick	New York	NY	THE MANHATTAN MORTGAGE CO., INC.
December 17, 2010	40336	Craig Edward Rowen	West Hollywood	CA	CS FINANCIAL, INC.
February 22, 2011	21797	Simon Rosenzweig	Baldwin	NY	UNITED NORTHERN MORTGAGE BANKERS LIMITED
March 15, 2011	35402	Seth Tilli	Glenside	PA	GMAC MORTGAGE, LLC
March 15, 2011	71726	Brian Delikat	Belleville	NJ	OLD DOMINION MOTGAGE CO., INC.
March 15, 2011	22486	Jessica Marie Schoen	Hopewell Jct	NY	SHADOWOOD MORTGAGE CORP.
May 13, 2011	115343	Justin Schiatta	East Patchogue	NY	RELIANT HOME FUNDING, INC.
May 13, 2011	190075	Richard Anthony Russo	Yaphank	NY	EAST COAST CORP.
May 13, 2011	220661	Jason A Berg	Teaneck	NJ	ODYSSEY FUNDING LLC
May 13, 2011	272569	Jesse Michael Wolfson	Long Beach	NY	ASSOCIATED MORTGAGE BANKRERS, INC.
May 16, 2011	321389	Alicia Nicole Walker	Rochester	NY	SPRINGLEAF HOME EQUITY, INC.
May 17, 2011	50137	Maria D Lopez	Saddle River	NJ	CONTINENTAL HOME LOANS INC. D/B/A SENIOR HOME LOANS
May 17, 2011	223910	Lisa Elaine Strickland	Philadelphia	PA	CONTINENTAL HOME LOANS INC. D/B/A SENIOR HOME LOANS
May 20, 2011	51020	Donna Lynn Blaszczak	North Tonawanda	NY	NICKEL CITY FUNDING, INC.
May 20, 2011	64128	Jacob Buchler	Lakewood	NJ	MERIDIAN RESIDENTIAL CAPITAL, LLC
May 23, 2011	62033	Jamil Marachli	Brooklyn	NY	FOUR STAR FUNDING INC.
May 23, 2011	61047	Nathan Weinstock	Brooklyn	NY	FIRST CLASS FUNDING CORP.
May 23, 2011	57101	Rocco Guercio	Brooklyn	NY	EQUITY LOANS LLC
May 23, 2011	57524	John Milton Dillon	Clinton	NY	THE FUNDING SOURCE, LLC
May 23, 2011	64159	Brian M Downing	Tonawanda	NY	L.W. INTEGRITY FUNDING, LLC
May 23, 2011	122582	Morris Wine	Commack	NY	CONSUMER ONE CORP.
May 24, 2011	72969	Kristin Lynn Zattosky	Tonawanda	NY	SPRINGLEAF HOME EQUITY, INC.
May 24, 2011	18376	Henry Barry Kaplan	Long Beach	NY	QUIK FUND INC.
May 24, 2011	65030	Mark William Valverde	Whitestone	NY	WEATHERSTONE MORTGAGE CORP.
May 25, 2011	68026	Steven J Sovare	Webster	NY	THE FUNDING SOURCE, LLC
May 25, 2011	148430	Scott Strausser	Canaan	CT	GUARDHILL FINANCIAL CORP.
May 25, 2011	175312	Charles Benjamin Oliver	Jacksonville	FL	PHH MORTGAGE CORPORATION D/B/A PHH MORTGAGE SERVICES
May 25, 2011	144538	Kelly Anne Hartlage	New Albany	IN	HOME LOAN CENTER, INC.
May 25, 2011	152703	John Mario Macchiarelli	Union	NJ	RESIDENTIAL HOME FUNDING CORP. D/B/A RHF WHOLESALE
May 25, 2011	104372	William James Peterson III	Bel Air	MD	NET EQUITY FINANCIAL, INC.
May 25, 2011	113965	Kevin Kennedy	Islip	NY	ICON BANCORP INC.
May 26, 2011	9267	Sean H Baker	Northport	NY	MORTGAGE ONE, INC.
May 26, 2011	167650	David Homayoonfar	Great Neck	NY	CONTOUR MORTGAGE CORPORATION
May 26, 2011	185231	Luis A Mujica	Brooklyn	NY	CONTINENTAL HOME LOANS INC. D/B/A SENIOR HOME LOANS
May 26, 2011	133181	James Ray Schrader	Wake Forest	NC	IBM LENDER BUSINESS PROCESS SERVICES, INC.
May 31, 2011	364564	Patricia Kemesies	East Islip	NY	CONTINENTAL HOME LOANS INC. D/B/A SENIOR HOME LOANS
June 1, 2011	27260	James Toth	Perry	OH	QUICKEN LOANS INC.
June 1, 2011	136337	Joseph Nicholas Vultaggio	East Northport	NY	FRANKLIN FIRST FINANCIAL, LTD.

THERE ARE NO SECTION III ITEMS THIS WEEK.