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Weekly Bulletin

December 30, 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


CALL FOR REPORTS

The Superintendent of Financial Services issues a call for reports of condition and income from banks, trust companies and private bankers as of the close of business December 31, 2011.  In accordance with Part 23 of the General Regulations of the Superintendent, those banks and trust companies which file similar reports with the Federal Reserve Bank of New York or the Federal Deposit Insurance Corporation do not have to file separate reports with this Department.  Banks, trust companies, and private bankers that are required to file reports with the Department of Financial Services are reminded that failure to file these reports by February 1, 2012 will result in a violation of Sections 37, 125 or 176 of the Banking Law which authorize fines for each day an institution is delinquent in filing of any required report.


SECTION l

December 21, 2011 (CC-LFS)
CHECKCHANGERS NEW YORK, LLC.
425 Huehl Road, Building 2, Northbrook, IL 60062

An application was received for a license to engage in business as a licensed casher of checks at 8317 Fifth Avenue, Brooklyn, NY 11209 in connection with the purchase of certain assets of Bayhurst Check Cashing Service, Inc.

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 10 business days, by January 16, 2012.


December 21, 2011 (CC-LFS)
CHECKCHANGERS NEW YORK, LLC.
425 Huehl Road, Building 2, Northbrook, IL 60062

An application was received for a license to engage in business as a licensed casher of checks at 8405-8407 20th Avenue, Brooklyn, NY 11214 in connection with the purchase of certain assets of Bayhurst Check Cashing Service, Inc.

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 10 business days, by January 16, 2012.


December 23, 2011 (FR-FWB)
BANCO SANTANDER TOTTA, S.A.
Rua do Ouro, 88 110-063 Lisbon, Portugal

Notice to voluntarily surrender representative office license at 234 Jericho Turnpike, Mineola, New York 11501, received.


December 23, 2011 (PF-LFS)
ASSOCIATED RISK MANAGERS FINANCE COMPANY
3503 NW 63rd Street, Suite 510 North, Oklahoma City, OK 73116

Notification received for a headquarters change of location to 2601 NW Expressway, Ste. 810W, Oklahoma City, OK  73112.

The publication of receipt of this notification does not indicate that the notification is deemed complete. A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.


December 27, 2011 (TM-LFS)
CASHWELL EXPRESS, LLC
1010 Wayne Avenue, Suite 510, Silver Spring, MD 20910

Application for the Superintendent’s prior approval of an indirect change of control of MEMO Money Order Company of New York, Inc., a licensed money transmitter, has been 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.


December 27, 2011 (CC-LFS)
INNER CITY CHECK CASHING & PAYROLL SERVICES CORP.
622 A Main Street, New Rochelle, NY 10801

Application was received for a license to engage in business as a licensed casher of checks at 2800 Boston Road, Bronx, NY 10469.

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 January 16, 2012.


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, 2011 (MB-MBD)
Applicant(s)
Jeffrey Alan Ishbia
Abdul Karium Rahal
Katherine Louise Welty
Mathew Randall Ishbia
Justin Ryan Ishbia
Harreld N. Kirkpatrick
Michael Augustus Jones
Michael Herbert Kaysen
Amer Allen Beydoun
As: Shore Financial Services, Inc.
770 South Adams Road, #300, Birmingham, MI 48009 6949


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:

December 28, 2011 (MB-MBD)
Applicant(s)
Shellpoint Partners LLC
Lewis Ranieri
Yale E. Stark
Scott A. Shay
Saul I. Sanders
Bruce J. Williams
Jerry Schiano
William Robert Magee, Jr.
Shellpoint Mgmt/Holdings LLC
Ranieri Partners SM LLC
R-SC Financing Conduit LLC
Carl Paul Lutz
To acquire interest in:
New Penn Financial, LLC
4000 Chemical Road, Suite 200, Plymouth Meeting, PA 19462 1721


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 30, 2011

23541

Neal Richard Ferestien

Foxboro

MA

July 14, 2011

758578

Eric Andrew Hubbard

Cranston

RI

July 25, 2011

393206

James Edward Smith

Penn Yan

NY

July 26, 2011

483425

Michael Peter Flanigan

Cortlandt

NY

November 15, 2011

836996

Shamika  Payne

Baldwin

NY

December 5, 2011

66840

Michael Anthony Soldevere

Albany

NY

December 6, 2011

122881

Evan Lee Klein

Livingston

NJ

December 8, 2011

827020

Tolsen Lee Wilmot

Scottsdale

AZ

December 14, 2011

838700

Keith Robert Nielsen

Madison Heights

MI

December 14, 2011

838678

Matthew Eric Jackson

Farmington Hills

MI

December 14, 2011

838697

Peter Joseph Miller

Bloomfield Hills

MI

December 14, 2011

827543

Ryan Patrick Manick

Grosse Ile

MI

December 14, 2011

826808

Anthony Ignazio Piccione

Royal Oak

MI

December 14, 2011

813659

Michael Patrick Mcfarland

Tempe

AZ

December 14, 2011

838685

Kenneth Donald Jung

Walled Lake

MI

December 14, 2011

838694

Cassandra Nicole Long

Northville

MI

December 15, 2011

827027

Robert Joseph Wolff

Peoria

AZ

December 15, 2011

827009

Jarod Russell Eugene Wells

Parma

OH

December 15, 2011

826974

Shahram Ali Raza Torabi

Dearborn

MI

December 15, 2011

827171

Khrystyna  Tvardovsky

Parma

OH

December 15, 2011

827011

Timothy Ryan Sparks

Cleveland

OH

December 15, 2011

260550

Cody Charles Bertke

Seville

OH

December 15, 2011

826976

Kaitlyn Marie Warner

Ishpeming

MI


SECTION II

December 23, 2011 (TR-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 Banking Law Section 601-b, to merge New Jersey-chartered Israel Discount Bank (Interim) with and into Israel Discount Bank of New York, under the name Israel Discount Bank of New York, approved.


December 27, 2011 (TM-LFS)
ASCENDANTFX CAPITAL USA, INC. U/A/N ASCENDANTFX
2500 Plaza 5, Harborside Financial Center, Jersey City, NJ 07311

Application for a license to engage in business as a transmitter of money was approved.


December 27, 2011 (TR-FWB)
THE BANK OF NEW YORK MELLON
One Wall Street, New York, NY 10005

Approval given to change the location of branch office from Young-Poong Building, 33 Seolin-dong, Chongro-ku, Seoul, Korea to One IFC, 10 Gookjegeumyoong-ro, Yeouido-dong, Youngdeungpo-gu, Seoul, Korea, on or after December 28, 2011.


December 27, 2011 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Verified Certificate to Continue Business as Private Bankers, filed for examination.

(These Private Bankers are already under the supervision of the Department.  New Certificate submitted by reason of the proposed admission to the firm of Christopher C. Remondi and William E. Rosensweig as General Partners/Class 1 Limited Partners, and the proposed conversion of Anthony T. Enders and John A. Gehret from General Partners/Class 1 Limited Partners to Class 2 Limited Partners.)


December 28, 2011 (MI-CRB)
CRESCENT BANK & TRUST
1100 Poydras Street, New Orleans, LA 70163

Notification received, in accordance with Supervisory Policy G 8, of the proposed relocation of representative office from 70 Linden Oaks, Rochester, Monroe County, NY 14625 to 805 Ridge Road (Suite 204), Town of Webster, Monroe County, NY 14580.


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

December 27, 2011 (BR-MBD)
Aaria Mortgage Corp.
79 Halley Drive, Pomona, NY 10970 2109
Effective Date: December 13, 2011

December 27, 2011 (BR-MBD)
Century Twenty Mortgage, Inc.
258 South Broadway, Hicksville, NY 11801 2533
Effective Date: August 15, 2011

December 27, 2011 (BR-MBD)
Bergen Capital Finance LLC
172 Broadway, Suite 204, Woodcliff Lake, NJ 07677 8077
Effective Date: December 14, 2011

December 27, 2011 (BR-MBD)
Miralex Mortgage, Inc.
One Cross Island Plaza, Suite 207, Rosedale, NY 11422 1400
Effective Date: December 14, 2011


Mortgage Broker Certificate Address Changes:

December 27, 2011 (BR-MBD)
1st Albany Mortgage, LLC D/B/A First Albany Mortgage
From: 125 Wolf Road, Suite 509, Albany, NY 12205
To: 100 Phillips Road, Valley Falls, NY 12185 2620


Mortgage Banker Branch License Address Changes:

December 27, 2011 (MB-MBD)
Fairway Independent Mortgage Corporation
From: 151 Pearl Street, 4th floor, Boston, MA 02110
To: 200 High Street, 5th Floor, Boston, MA 02110


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 residential property:

Date Application Withdrawn

NMLS ID

Name of Applicant

City & State of Residence

December 27, 2011

339893

Justin Thomas Holmes

Glenside

PA

December 28, 2011

64666

Michael P Sieja

Cortlandt Manor

NY

December 29, 2011

189465

Fitzroy C Cummings

Brooklyn

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

December 21, 2011

586003

Claudio F. Carvalho Jr.

Frisco

TX

Nationstar Mortgage LLC

December 21, 2011

589649

Maddaline A Kostyra

Irvington

NY

Prospect Mortgage, LLC

December 21, 2011

189548

Michael Steven Vassallo

Dix Hills

NY

Continental Mortgage Bankers, Inc

December 21, 2011

383204

Michael C Casseri

Getzville

NY

State Farm Bank, F.S.B.

December 21, 2011

198818

Adam  Lesner

Commerce

MI

Quicken Loans Inc.

December 21, 2011

371747

Corazon  Agcaoili

Whippany

NJ

American Financial Resources, Inc.

December 21, 2011

690961

Cheryl Ann Martin

Staten Island

NY

PROSPECT MORTGAGE GROUP, INC.

December 21, 2011

713794

Maribeth Annjanette Curcio

Laveen

AZ

Quicken Loans Inc.

December 21, 2011

189132

Stacey Eleanor Ward

Plymouth

MI

Quicken Loans Inc.

December 21, 2011

269128

David Robert Rangel

Mission Viejo

CA

Home Loan Center, Inc.

December 21, 2011

63604

Benjamin Zev Katz

Bayside

NY

Reliant Home Funding, Inc.

December 28, 2011

19613

Andre L. Mitchell

Huntington Station

NY

Lynx Mortgage Bank LLC