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New York State Department of Financial Services

Weekly Bulletin
September 2, 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.

NOTE

The Weekly Bulletin formerly gave notice, in Section III, of applications filed by federally-chartered institutions (banks and thrifts) for new branches to be located in New York received from the Office of the Comptroller of the Currency or The Office of Thrift Supervision (now part of the OCC).  Because the OCC no longer routinely sends copies of such applications to the Department, the Department has discontinued Section III.  Such information is available on the website of the OCC at http://www.occ.treas.gov/tools-forms/tools/licensing/weekly-bulletin-corp-apps-search.html(Searches may only be done on a state by state basis, and the results show applications of banks headquartered in that state.  Thus, to find information about New York branch proposals by federally-chartered institutions headquartered in other states, it is necessary to search the headquarters state.)

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
PF = 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

August 26, 2011 (TR-FWB)
THE BANK OF NEW YORK MELLON
One Wall Street, New York, NY 10005

Application dated August 24, 2011 for permission to change the location of branch office from Westend Duo, Bockenheimer Landstrasse 24, Frankfurt, Germany, to MesseTurm, Friedrich-Ebert-Anlage 49, Frankfurt, Germany, received.


August 29, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Application dated August 25, 2011 for permission to open and occupy a branch office at 4 High Ridge Park, Stamford, Fairfield County, CT 06905, received.


August 29, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Application dated August 25, 2011 for permission to change the location of branch office from Shoppers Food & Pharmacy, 857 East Fort Avenue, Baltimore, MD 21230 to 1725 Whetstone Way, Baltimore, MD 21230, received.


August 29, 2011 (TM-LFS)
ASCENDANTFX CAPITAL USA, INC. U/A/N ASCENDANTFX
2500 Plaza 5, Jersey City, NJ 07311

Application for a license to engage in business as a transmitter of money, received.

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.


August 31, 2011 (MS-CRB)
CUSTOMERS BANK
99 Bridge Street, Phoenixville, PA 19460

Application dated August 24, 2011 for permission to open and occupy a branch office at 102 South Ridge Street, Rye Brook, Westchester County, NY 10573, received.


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

August 29, 2011 (BR-MBD)
Applicant(s)
Ross H. Weinstein
Lee Charles Pettid
As: New Deal Mortgage Group LLC
134 Broadway, Suite 618, Brooklyn, NY 11249 6031


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

August 29, 2011 (MB-MBD)
Applicant(s)
Patrick Matthew Markert
Andrea Stephanie Watts
Carol Ann Poupart
As: Amerisave Mortgage Corporation
1 Capital City Plz, 3350 Peachtree Rd., Ste. 1000, Atlanta, GA 30326 1040

August 30, 2011 (MB-MBD)
Applicant(s)
Seth Brian Fass
Arlene Joan Fass
Leslie L. Winograd
As: East Coast Capital Corp.
6901 Jericho Turnpike, Suite 212, Syosset, NY 11791 4420


Application to establish a Mortgage Banker's Branch received for examination:

August 31, 2011 (MB-MBD)
Full Service Branch
Syracuse Securities, Inc.
7 William Street, Suite 1, Auburn, NY 13021


Mortgage Broker Certificate Name Change Received:

August 31, 2011 (BR-MBD)
From: Powerpoint Inc.

To: Powerpoint Inc.
Additional DBA(s) Powerpoint Mortgage


SECTION II

August 26, 2011 (TM-LFS)
ITC FINANCIAL LICENSES, INC.
5617 Princeton Avenue, Suite B, Columbus, Georgia 31904

A license to engage in the business of a transmitter of money was issued pursuant to Article XIII-B of the Banking Law was issued.


August 26, 2011 (BK-CRB)
Alma Bank
28-31 31st Street, Astoria, NY 11102

“Second Certificate of Amendment of the Organization Certificate of Alma Bank under Section 8005 of the Banking Law” was approved and filed in the Office of the Superintendent of Banks. 

The amendment provides for an increase in the number of authorized shares of capital stock from $28,000,000 consisting 700,000 shares of common stock with a par value of $40.00 each to $47,000,000 consisting 700,000 shares of common stock with a par value of $40.00 each and 19,000 shares of Senior Non-Cumulative Perpetual Preferred Stock, Series A with a  par value of $1,000.00 each.


August 31, 2011 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

Authorization granting permission to open and occupy a branch office at 2000 Galloping Hill Road, Building K-6, Kenilworth, Union County, NJ 07033, surrendered for cancellation.

Office discontinued as of August 26, 2011.


September 1, 2011 (SF-LFS)
GATEWAY ONE LENDING & FINANCE, LLC
160 N. Riverview Drive, Suite 100, Anaheim, Orange County, CA 92808

A branch license was issued to engage in business as a sales finance company at 13560 Morris Road, Suite 1350, Milton, Fulton County, GA 30004.


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

August 29, 2011 (MLS-MBD)
FCI in lieu of true corporate name FCI Lender Services, Inc.
8180 East Kaiser Blvd., Anaheim Hills, CA 92808


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

August 25, 2011 (BR-MBD)
Platinum Home Finance, Inc.
1101 Stewart Avenue, Suite 303, Garden City, NY 11530

August 25, 2011 (BR-MBD)
Royal Financing & Consulting Corp.
23-09 31st Street, Suite #1, Astoria, NY 11105

August 29, 2011 (BR-MBD)
Efficiency Funding LLC
3017 Beverly Road, Brooklyn, NY 11226


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

August 29, 2011 (BR-MBD)
Shloime Torim
32 Israel Zupnick Drive, Unit 101, Monroe, NY 10950
Effective Date: August 16, 2011

August 29, 2011 (BR-MBD)
Narine Sumasar D/B/A Lexus Funding
101-05 120th Street, 1st Floor Rear, South Richmond Hill, NY 11419 2003
Effective Date: August 19, 2011


The following mortgage broker is no longer a New York State approved FHA Mortgage Loan Correspondent and may no longer originate loans as such:

August 29, 2011 (BR-MBD)
Northeast Funding Services, Inc.
12 Avis Drive, Suite 14, Latham, NY 12110


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