Banking Division
Weekly Bulletin
December 28, 2012
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
For information on CRA applications and notices, please select this link.
SECTION II
This section 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 |
MB |
Mortgage Banker |
BP |
Budget Planner |
BR |
Mortgage Broker |
CC |
Check Casher |
MLS |
Mortgage Servicer |
CU |
Credit Union |
PF |
Premium Finance Agency |
FA |
Foreign Agency |
PB |
Private Banker |
FB |
Foreign Branch |
SD |
Safe Deposit Company |
FR |
Foreign Representative Office |
SF |
Sales Finance Agency |
HC |
Holding Company |
SL |
Savings and Loan Association |
IC |
Investment Company |
SB |
Savings Bank |
LL |
Licensed Lender |
TM |
Transmitter of Money |
MK |
Merchant Bank |
TR |
Trust Company |
MI |
Miscellaneous |
|
|
Regulatory Unit Codes
CRB |
Community and Regional Banks |
CSD |
Consumer Services |
FWB |
Foreign and Wholesale Banks |
LFS |
Licensed Financial Services |
MBD |
Mortgage Banking |
SECTION I
December 24, 2012 (CC-LFS)
DAVID’S CHECK CASHING, INC.
3015 Third Avenue, Bronx, NY 10455
An application was received for a license to engage in business as a licensed casher of checks at 728 Amsterdam Avenue, New York, NY 10025.
This application is in connection with the purchase of certain assets of Park Check Cashers, 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 14, 2012.
December 24, 2012 (CC-LFS)
DAVID’S CHECK CASHING, INC.
3015 Third Avenue, Bronx, NY 10455
An application was received for a license to engage in business as a licensed casher of checks at 468-470 Amsterdam Avenue, New York, NY 10024.
This application is in connection with the purchase of certain assets of B.R.G. Check Cashing, 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 14, 2012.
December 26, 2012 (BK-CRB)
AMERASIA BANK
41-06 Main Street, Flushing, New York, 11355
4601 N.W. 72nd Avenue, Miami, Florida, 33166
Application, pursuant to Section 601 of the Banking Law to merge Great Eastern Bank of Florida with and into Amerasia Bank received.
The comment period for this application will expire on January 28, 2013.
December 26, 2012 (MI-CRB)
FIRST REPUBLIC BANK
111 Pine Street, San Francisco, CA 94111
Notice of intention to close branch office at 80 Broad Street, Borough of Manhattan, City of New York 10004, received.
The comment period on this notice will expire January 28, 2013.
Application to engage in the business of a Mortgage Broker under Article 12-D of the New York Banking Law received for examination, amended to read as follows:
From:
October 19, 2012
Applicant(s)
Lloyd Jonathan Cleaver
Narayan Bharadwaj
William Bradley Durrer
Teresa M. Blake
As: Wipro Gallagher Solutions, Inc.
810 Crescent Centre Drive, Suite 400, Franklin, TN 37067
To:
December 24, 2012
Applicant(s)
Narayan Bharadwaj
William Bradley Durrer
Teresa M. Blake
As: Wipro Gallagher Solutions, Inc.
810 Crescent Centre Drive, Suite 400, Franklin, TN 37067
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 18, 2012 |
318517 |
Vincenzo Salvo |
West Harrison |
NY |
October 8, 2012 |
881203 |
Kevin Michael Worm |
Jessup |
MD |
October 11, 2012 |
906174 |
Michael Anthony Palermo |
West Babylon |
NY |
October 16, 2012 |
968910 |
Mark Gerard Nagy |
Southbury |
CT |
October 24, 2012 |
955856 |
Nicola Anthony Esposito |
Glen Head |
NY |
October 31, 2012 |
16042 |
Paula Marie Krzyzanowski |
Depew |
NY |
SECTION II
December 21, 2012 (SB-CRB)
Emigrant Bank
5 East 42nd Street, New York, NY 10017
Emigrant Savings Bank-Manhattan
250 West 23rd Street, New York, NY 10011
Emigrant Savings Bank-Brooklyn/Queens
1954 Flatbush Avenue, Brooklyn, NY 11234
Emigrant Savings Bank-Bronx/Westchester
2526 Grand Concourse, Bronx, NY 10458
Emigrant Savings Bank-Long Island
1000 Merchant Concourse, Westbury, NY 11590
Applications, pursuant to Section 601 of the Banking Law, for Emigrant Savings Bank-Manhattan, Emigrant Savings Bank-Brooklyn/Queens, Emigrant Savings Bank-Bronx/Westchester, and Emigrant Savings Bank-Long Island, to merge with and into Emigrant Bank, under the name Emigrant Bank, approved.
December 21, 2012 (BK-CRB)
THE FIRST NATIONAL BANK OF JEFFERSONVILLE
4864 State Route 52, Jeffersonville, NY 12748
The "Plan of Conversion", dated as of September 4, 2012, together with the "Organization Certificate of Jeff Bank", were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of The First National Bank of Jeffersonville from federal to state charter, pursuant to Section 136 of the Banking Law, under the name Jeff Bank. The conversion became effective as of the opening of business December 21, 2012.
In addition to the principal office noted above, the bank will maintain the following branch offices:
85 Main Street, Bloomingburg, Sullivan County, NY 12721
561 State Route 55, Eldred, Town of Highland, Sullivan County, NY 12732
33 Main Street, Livingston Manor, Town of Rockland, Sullivan County, NY 12758
19 Forestburgh Road, Monticello, Sullivan County, NY 12701
155 Kirk Road, Narrowsburg, Town of Tusten, Sullivan County, NY 12764
2930 State Route 209, Town of Mamakating, Sullivan County, NY 12790
4499 State Route 17B, Callicoon, Town of Delaware, Sullivan County, NY 12723
19 Church Street, Liberty, Sullivan County, NY 127541278 State Route 52, Loch Sheldrake, Town of Fallsburg, Sullivan County, NY 12759
1460 State Route 17B, White Lake, Town of Bethel, Sullivan County, NY 12786
December 21, 2012 (TR-CRB)
FLUSHING COMMERCIAL BANK
661 Hillside Avenue, North New Hyde Park, NY 11040
FLUSHING SAVINGS BANK, FSB
144-51 Northern Boulevard, Flushing, NY 11354
Application, pursuant to Section 601 of the New York Banking Law, for Flushing Savings Bank, FSB to merge with and into Flushing Commercial Bank, under the name Flushing Bank, accepted.
December 24, 2012 (SB-CRB)
APPLE BANK FOR SAVINGS
1395 Northern Boulevard, Manhasset, NY 11030
Authorization issued to open and occupy a branch office at 120 East Fordham Road, Borough of Bronx, City of New York 10468, on or after December 25, 2012.
December 24, 2012 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorization Certificate issued April 19, 2005 granting permission to open and occupy a branch office at 3 Bethesda Metro Center, Bethesda, Montgomery County, MD 20814 for the limited purpose of serving private banking customers, surrendered for cancellation.
Office discontinued as of December 7, 2012.
December 26, 2012 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorization granting permission to open and occupy a branch office in ShopRite Supermarket, 1895 South Road, Town of Poughkeepsie, Dutchess County, NY 12601, surrendered for cancellation.
Office discontinued as of December 14, 2012.
December 26, 2012 (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 to be located at 51 John F. Kennedy Parkway, Short Hills, Essex County, NJ 07078.
Certificate issued to engage in the business as a Mortgage Broker under Article 12-D of the New York State Banking Law:
December 26, 2012 (BR-MBD)
Family First Funding LLC
508 Main Street, 2nd Floor, Toms River, NJ 08753 7421
Certificate to engage in the business of a Mortgage Broker Branch surrendered:
December 24, 2012 (BR-MBD)
Full Service Branch
Morgan Stanley Smith Barney LLC
353 South Broadway, Saratoga Springs, NY 12866
Effective Date: December 17, 2012
The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:
December 20, 2012 (BR-MBD)
Mortgages In-Deed Northeast, Inc.
82 Wheatley Road, Old Westbury, NY 11568 1212
December 21, 2012 (BR-MBD)
Nicholas Palumbo DBA
The Money Express
52 Harrigan Road, Hopewell Junction, NY 12533
December 21, 2012 (BR-MBD)
Na - Home Funding Corp.
14-17 150th Street, 2nd Floor, Whitestone, NY 11357
December 21, 2012 (BR-MBD)
Capital Quest Corp.
17 Patrick's Way, Saint James, NY 11780 3110
December 26, 2012 (BR-MBD)
Peak Funding, Inc.
340 East Jericho Turnpike, Huntington Station, NY 11746 7310
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 |
|
September 24, 2012 |
201005 |
Sol Cherwin |
Deer Park |
NY |
November 7, 2012 |
913489 |
Reem Azmi Khalil |
Ypislanti |
MI |
December 24, 2012 |
134462 |
David Joseph Bryce |
Bear |
DE |
December 26, 2012 |
838699 |
Krisanu Mukherjee |
Detroit |
MI |
December 26, 2012 |
493344 |
Eric James Pietrykowski |
Clinton Twp |
MI |
