Skip to Content

Translate | Disclaimer

New York State Department of Financial Services

Weekly Bulletin

November 25, 2011

SECTION I
This section records the receipt of applications and notices to the Banking Division of the Department of Financial Services.   Applications and notices received by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of receipt; applications and notices received by Mortgage Banking 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 DEPARTMENT.
Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the 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 Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by e-mail to Comments@dfs.ny.gov.This Weekly Bulletin may also be viewed online at the Department’s Web site at:  http://www.dfs.ny.gov

SECTION II
Section II records actions taken by the Superintendent of Financial Services, and other information concerning the activities of the Banking Division of the Department of Financial Services.  Actions relating to institutions supervised by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of action; actions relating to institutions supervised by Mortgage Banking are listed at the end of Section II by type of action taken.

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 unit of the Department which has supervisory responsibility for the institution.  The following is a list of the codes and their meanings:


INSTITUTION CODES

BK

Bank

BP

Budget Planner

CC

Check Casher

CU

Credit Union

FA

Foreign Agency

FB

Foreign Branch

FR

Foreign Representative Office

HC

Holding Company

IC

Investment Company

LL

Licensed Lender

MK

Merchant Bank

MI

Miscellaneous

MB

Mortgage Banker

BR

Mortgage Broker

MS

Mortgage Servicer

PF

Premium Finance Agency

PB

Private Banker

SD

Safe Deposit Company

SF

Sales Finance Agency

SL

Savings and Loan Association

SB

Savings Bank

TM

Transmitter of Money

TR

Trust Company

REGULATORY UNIT CODES

CRB

Community and Regional Banks

CSD

Consumer Services

FWB

Foreign and Wholesale Banks

LFS

Licensed Financial Services

MBD

Mortgage Banking


SECTION l

November 10, 2011 (FR-FWB)
THE OGAKI KYORITSU BANK LTD
No. 98 Kuruwamachi, 3-chome Ogaki, Gifu, Japan

Notice to voluntarily surrender representative office license at 630 Fifth Avenue, New York, NY 10111, received.


November 18, 2011(TM-LFS)
INTELISPEND PREPAID SOLUTIONS, LLC
1400 S. Highway Drive, Fenton, MO 63099

An application for a license to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law was 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 New York State Department of Financial Services by the applicant.


November 21, 2011 (TC-CRB)
ISRAEL DISCOUNT BANK OF NEW YORK
511 Fifth Avenue, New York, NY 10017
ISRAEL DISCOUNT BANK (INTERIM)
517 South Livingston Avenue, Livingston, NJ 07039

Application, pursuant to Section 601 of the Banking Law, for the prior approval of the Superintendent for the merger of Israel Discount Bank (Interim), a New Jersey state-chartered interim bank in formation, with and into Israel Discount Bank of New York, received.


November 23, 2011 (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 at 2686 Third Avenue, Bronx, NY  10454.

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, within ten business days, by December 9, 2011.


November 23, 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 engage in business as a licensed casher of checks in connection with the purchase of certain assets of P R Check Cashing, Inc. at the following locations:

  1.  2495 Third Avenue, Bronx, NY 10451
  2.  1901 Lexington Avenue, New York, NY 10035
  3.  747 East 132nd Street, Bronx, NY 10454.

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 December 9, 2011.


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

November 22, 2011 (MB-MBD)
Full Service Branch
Equity Now Inc.
133 Evergreen Road, Suite 218, Louisville, KY 40243


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

June 28, 2010

239873

David Quinones Jr.

Paramus

NJ

June 2, 2011

92645

Robin Panther Ketner

Fort Mills

SC

June 29, 2011

479349

Susan  Bjorneby

Centereach

NY

August 11, 2011

500039

Ray E.W. Cramer

Ithaca

NY

August 29, 2011

326576

Monica  Lai

Flushing

NY

August 31, 2011

713774

Vincent Michael Newsome

West Bloomfield

MI

October 11, 2011

404007

Barbara Ann Sica

Forked River

NJ

November 21, 2011

417520

Timothy Patrick Murphy

Cicero

NY

November 21, 2011

368002

Ramzi Issa Fakhoury

Harrison Township

MI


SECTION II

November 3, 2011 (BP-LFS)
GREENPATH, INC U/A/N GREENPATH DEBT SOLUTIONS
36500 Corporate Drive, Farmington Hills, MI 48331-3429

License to engage in business as a budget planner at 120 Broadway, Suite 935, New York, NY 10119 was surrendered.


November 18, 2011 (SF-LFS)
EXETER FINANCE CORP.
222 W. Las Colinas Blvd., Suite 1800, Irving, Dallas County, TX  75039

License rider issued to reflect a branch change of location from 12 Route 17N, Paramus, Bergen County, NJ  07652 to 303 South Broadway, Suite 415, Tarrytown, Westchester County, NY 10591.


November 18, 2011(PF-LFS)
IPFS CORPORATION U/A/N PREMIUM FINANCING SPECIALISTS U/A/N IMPERIAL CREDIT
1055 Broadway, 11th Floor, Kansas City, MO  64105

License rider issued to reflect a change of branch location from 13520 Wyandotte Street, Kansas City, MO  64145 to 301 West 11th Street, 4th Floor, Kansas City, MO  64105.


November 18, 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 electronic facilities (automated teller machines) at the following three locations:

  1. Sheetz Inc. Convenience Store, 120 South Ridge Plaza, College Township, Centre County, PA 16801;
  2. Sheetz Inc. Convenience Store, 871 East Main Street, Ephrata Township, Lancaster County, PA 17522; and
  3. Sheetz Inc. Convenience Store, 2045 Bedford Street, Cumberland, Allegany County, MD 21502.

November 23, 2011 (MI-CRB)
EVOLVE BANK & TRUST
301 Shoppingway Boulevard, West Memphis, AR 72301

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 242 West 36th Street (3rd Floor), Borough of Manhattan, City of New York 10018.


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 Application Withdrawn

NMLS ID

Name of Applicant

City & State of Residence

November 22, 2011

386120

Stephen C Schoffman

Great Neck

NY


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

November 23, 2011 (BR-MBD)
American Capital Mortgage, Inc
199 Jericho Turnpike, LL4, Floral Park, NY 11001 2100

November 23, 2011 (BR-MBD)
Citizens Mortgage Corporation
26-01 Pellack Drive, Fairlawn, NJ 07410

November 23, 2011 (BR-MBD)
Copiague Funding Corp. D/B/A South Shore Mortgage Company
155 South 10th Street, Lindenhurst, NY 11757 4505


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

November 23, 2011 (BR-MBD)
Full Service Branch
Great Northern Mortgage Corp.
100 Broadway, Suite 100, Massapequa, NY 11758


License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:

November 23, 2011 (MB-MBD)
Full Service Branch
Generation Mortgage Company
926 Sunrise Highway, West Babylon, NY 11704

November 23, 2011 (MB-MBD)
Full Service Branch
GFI Mortgage Bankers, Inc.
45 Mall Drive, Suite 6, Commack, NY 11725

November 23, 2011 (MB-MBD)
Full Service Branch
US Mortgage Corporation
104-15 Jamaica Avenue, Richmond Hill, NY 11418


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

November 17, 2011 (BR-MBD)
Harrison Funding Corp.
16 East 73rd Street, Suite 2F, New York, NY 10021
Effective Date: November 08, 2011


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

November 17, 2011 (BR-MBD)
Full Service Branch
Customized Mortgage Solutions, LLC
160 Terrace Street, Suite 5A, Haworth, NJ 07641
Effective Date: November 08, 2011


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

November 21, 2011 (MB-MBD)
Full Service Branch
MCS Mortgage Bankers, Inc. DBA Wholesale Direct
3100 Veterans Memorial Highway, Bohemia, NY 11716
Effective Date: October 28, 2011


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

November 17, 2011 (BR-MBD)
United Fidelity Mortgage LLC
637 Wyckoff Avenue, Suite 2, Wyckoff, NJ 07481 1442
Branch Offices:
53 Burd Street, 2nd Floor, Nyack, NY 10960

November 18, 2011 (BR-MBD)
Mainstay Mortgage Corp.
1455 Veterans Highway, Hauppauge, NY 11749


Mortgage Broker Certificate Address Changes:

November 22, 2011 (BR-MBD)
Villa Nova Financing Group, LLC
From: 140 Mountain Avenue, Suite 102, Springfield, NJ 07081
To: 30 Technology Drive, Suite 2C, Warren, NJ 07059 5167

November 23, 2011 (BR-MBD)
New York Processing, Inc.
From: 302 Boundary Avenue, North Massapequa, NY 11758
To: 17 Leanore Drive, Farmingdale, NY 11735 5519


Mortgage Broker Branch Certificate Address Changes:

November 23, 2011 (BR-MBD)
Morgan Stanley Smith Barney LLC
From: 9 East Genesee Street, Skaneateles, NY 13152
To: 3 East Genesee Street, Skaneateles, NY 13152


Mortgage Banker Branch License Address Changes:

November 22, 2011 (MB-MBD)
NFM, Consultants In Lieu of True Name NFM, Inc.
From: 10921 York Road, Hunt Valley, MD 21030
To: 9626 Deereco Road, Timonium, MD 21093

November 23, 2011 (MB-MBD)
Residential Home Funding Corp. D/B/A RHF Wholesale
From: 158 Tices Lane, Suite A, East Brunswick, NJ 08816
To: 44 West Ferris Street, Suite E, East Brunswick, NJ 08816


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:

November 17, 2011 (BR-MBD)
Applicant(s)
Vicki T. Kessler
To acquire interest in:
Shadowood Mortgage Corp.
4 Nancy Court, Suite 5, Wappingers Falls, NY 12590

About DFS

Contact DFS

Reports & Publications

Licensing

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter

AccessibilityContact UsDisclaimerPrivacy PolicySite MapPDF Reader Software