Weekly Bulletin
September 16, 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 |
FB = Foreign Branch |
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
September 9, 2011 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY 11385
Notice of intention to establish an electronic facility (automated teller machine) at the Cystic Fibrosis Cycle for Life Event, Stillwell & Surf Avenues, Borough of Brooklyn, City of New York 11224, received.
(This is a mobile facility which is to operate on September 25, 2011, and annually thereafter at the above event.)
September 12, 2011 (CU-CRB)
Municipal Credit Union
22 Cortlandt Street, New York, New York 10007
Application dated September 7, 2011 for permission to add an additional station at 30 West 125th Street, (a/k/a 280 St. Nicholas Avenue) New York, New York, received.
September 14, 2011 (SB-CRB)
ULSTER SAVINGS BANK
280 Wall Street, Kingston, NY 12401
Application dated September 8, 2011 for permission to change temporarily the location of branch office from 5494 State Route 23, Windham, Town of Windham, Greene County, NY 12496 to 5296 State Route 23, Windham, Town of Windham, Greene County, NY 12496, received.
September 14, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Notices of intention to establish electronic facilities (automated teller machines) at the following three locations, received:
- Shoppers Food & Pharmacy, 857 East Fort Avenue, Baltimore, MD 21230;
- Sheetz Inc. Convenience Store, 16417 Lincoln Highway, East Providence Township, Bedford County, PA 15533; and
- Sheetz Inc. Convenience Store, 3025 Babcock Boulevard, Ross Township, Allegheny County, PA 15237.
September 15, 2011 (TR-FWB)
BANK OF TOKYO-MITSUBISHI UFJ TRUST COMPANY
1251 Avenue of the Americas, New York, NY 10020
Application for exemption from the deposit insurance requirements of Section 32 of the Banking Law received.
Application to establish a Mortgage Banker's Branch received for examination:
September 14, 2011 (MB-MBD)
Full Service Branch
PHH Home Loans, LLC D/B/A Coldwell Banker Home Loans
Additional DBA(S): ERA Home Loans
Cartus Home Loans
36 Route 25-A, Setauket, NY 11733
Application to establish a Mortgage Loan Servicer’s Branch received for examination:
September 13, 2011 (MLS-MBD)
Full Service Branch
Servis One, Inc. DBA BSI Financial Services
3655 Nobel Drive, Suite 650, San Diego, CA 92122
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 |
|
November 17, 2010 |
98451 |
Michael Phillips |
Ballston Lake |
NY |
February 17, 2011 |
201011 |
Linda Jean McMillan |
Lowell |
IN |
May 23, 2011 |
198291 |
Jonathan Edward Rodd |
Williston |
VT |
June 3, 2011 |
690961 |
Cheryl Ann Martin |
Staten Island |
NY |
June 27, 2011 |
472389 |
Karol Liszewski |
Middle Village |
NY |
July 18, 2011 |
236338 |
Terrence Benjamin Keene |
Laguna Hills |
CA |
July 19, 2011 |
515946 |
Mark Warren Waite Jr. |
Sacramento |
CA |
July 20, 2011 |
382752 |
Nicholas Anthony Hallas |
Rochester |
NY |
SECTION II
August 26, 2011 (CC-LFS)
PAY-O-MATIC CHECK CASHING CORP.
160 Oak Drive, Syosset, NY 11791
License to engage in the business of casher of checks at 50 Spring Street, New York, NY 10002 was surrendered.
September 1, 2011 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC D/B/A THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ, 07632-3119
1) 535 Southern Boulevard, Bronx, NY 10455
2) 2292 Crotona Avenue, Bronx, NY 10458.
In connection with the above license issuances, the original check casher licenses for the above locations were surrendered.
September 7, 2011 (CC-LFS)
HUGHES FINANCIAL SERVICES CORPORATION
175 Valley Street, Sleepy Hollow, NY 10591
Licenses were issued to engage in business as a licensed casher of checks, as a result of the purchase of certain assets of Samaras Check Cashing at:
- 175 Valley Street, Sleepy Hollow, NY 10591
- 243 New Main Street, Yonkers, NY 10701
- 85-95 Riverdale Avenue, Yonkers, NY 10701
- 260 N. Saw Mill River Road, Elmsford, NY 10523
- Stores 384 & 386 Mamaroneck Avenue, in the building known as 1-3-5 Old Mamaroneck Road, White Plains, NY 10605.
In connection with the above license issuance, the original check casher licenses for the above listed locations were surrendered.
September 8, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorization issued to open and occupy a branch office at Franklin & Marshall College, 415 Harrisburg Avenue, Lancaster, Lancaster County, PA 17603 for the limited purpose of opening accounts, on or after September 9, 2011.
(This branch is to be in operation periodically at this location.)
September 8, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorization issued to open and occupy a branch office at Dover Motor Speedway, 1131 North DuPont Highway, Dover, Kent County, DE 19901 for the limited purpose of opening accounts, on or after September 9, 2011.
(This branch is to be in operation periodically at this location.)
September 8, 2011 (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 (non-deposit-taking automated teller machine) at Orange Regional Medical Center, 707 East Main Street, Town of Wallkill, Orange County, NY 10940.
September 9, 2011 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901
Approval given to change the location of branch office from 145 Wolf Road, Town of Colonie, Albany County, NY 12205 to 85 Wolf Road, Town of Colonie, Albany County, NY 12205, on or after September 10, 2011.
September 9, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office at Coldwell Banker Carriage House, 520 William Street (Suite A), Fredericksburg, VA 22401.
September 13, 2011 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY 11385
Authorizations issued to open and occupy branch offices at the following five locations, on or after September 14, 2011:
- The Atria of Lynbrook, 100 Peninsula Boulevard, Lynbrook, Nassau County, NY 11563;
- The Bristal at East Northport, 760 Larkfield Road, East Northport, Town of Huntington, Suffolk County, NY 11731;
- Belmont Villas, 409 Wyandanch Avenue, West Babylon, Town of Babylon, Suffolk County, NY 11704;
- Pinehurst, 3000 Brookwood Circle, East Patchogue, Town of Brookhaven, Suffolk County, NY 11772; and
- Conifer Village, 1 Brookwood Lane, East Patchogue, Town of Brookhaven, Suffolk County, NY 11772.
(These locations are to be serviced by a mobile branch facility on a periodic basis.)
September 13, 2011(SF-LFS)
TD AUTO FINANCE LLC
27777 Inkster Road, Farmington Hills, Oakland County, MI 48334
Branch license issued to engage in business as a sales finance company at 2050 Roanoke Road, Westlake, Denton County, TX 76262.
September 13, 2011 (FB-FWB)
BANK OF SCOTLAND PLC
The Mound, Edinburgh, EH1 1YZ, Scotland, United Kingdom
Application, pursuant to Section 201 of the Banking Law, to establish and maintain a branch at 1095 Avenue of the Americas, Borough of Manhattan, City of New York 10036, approved by the Banking Board.
Certificate issued to engage in the business as a Mortgage Broker under Article 12-D of the New York State Banking Law:
September 13, 2011 (BR-MBD)
Deepwell Funding, Inc.
100 Hicksville Road, Suite 206, Massapequa, NY 11758
September 13, 2011 (BR-MBD)
Lightning Mortgage Inc.
880 Bergen Avenue, Suite 206, Jersey City, NJ 07306-4305
Certificate issued to engage in the business as a Mortgage Loan Servicer under Article 12-D of the New York State Banking Law:
September 14, 2011 (MLS-MBD)
Bayview Loan Servicing, LLC
4425 Ponce de Leon Blvd., 5th Floor, Coral Gables, FL 33146
Certificate issued to engage in the business as a Mortgage Loan Servicer Branch under Article 12-D of the New York State Banking Law:
September 14, 2011 (MLS-MBD)
Full Service Branch
Bayview Loan Servicing, LLC
1301 Virginia Drive, Suite 420, Ft. Washington, PA 19034
September 14, 2011 (MLS-MBD)
Full Service Branch
Bayview Loan Servicing, LLC
689 Airport Freeway, Suite 100, Hurst, TX 76053
September 14, 2011 (MLS-MBD)
Full Service Branch
Bayview Loan Servicing, LLC
895 S.W. 30th Avenue, Suite 103, Pompano Beach, FL 33069
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:
September 14, 2011 (MB-MBD)
Full Service Branch
Syracuse Securities, Inc.
7 William Street, Suite 1, Auburn, NY 13021
Certificate to engage in the business of a Mortgage Broker surrendered:
September 08, 2011 (BR-MBD)
U.S.A. Financial Resources, Inc. D/B/A Choice Home Mortgage Services
66 Medford Avenue, Suite A, Patchogue, NY 11772
Effective Date: August 31, 2011
The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:
September 08, 2011 (BR-MBD)
Nicholas C. Pepe Corp.
85 Kingsland Avenue, Brooklyn, NY 11222
September 09, 2011 (BR-MBD)
Nacco Capital Corp.
1988 Bedford Avenue, Brooklyn, NY 11225
September 14, 2011 (BR-MBD)
Caran Properties, Inc.
148 Madison Avenue, 8th Floor, New York, NY 10016 6700
September 14, 2011 (BR-MBD)
Abound Financial Group, Inc.
751-759 Allerton Avenue, Suite 201, Bronx, NY 10467 8818
Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:
September 08, 2011 (BR-MBD)
Guardian National Funding, Inc.
100 North Village Avenue, Rockville Centre, NY 11570
Effective Date: August 29, 2011
Mortgage Broker Certificate Name Changes:
September 14, 2011 (BR-MBD)
From: Powerpoint Inc.
To: Powerpoint Inc. D/B/A Powerpoint Mortgage
