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Banking Division
Weekly Bulletin

January 18, 2013

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

Regulatory Unit Codes

SECTION I

January 11, 2013 (SF-LFS)
TCF NATIONAL BANK
2508 South Louise Avenue, Sioux Falls, SD  57106

Application received for a change of control of Gateway One Lending & Finance, LLC, located at 160 N. Riverview Drive, Suite 100, Anaheim, Orange County, CA 92808.

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.

January 14, 2013 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Notice of intention to close branch office at 65 Elizabeth Blackwell Street, Geneva, Ontario County, NY 14456, received.

The comment period on this notice will expire March 4, 2013.

January 16, 2013 (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:

1. Sheetz Inc. Convenience Store, 1647 Freeway Drive, Reidsville, Rockingham County, NC 27320;
2. Sheetz Inc. Convenience Store, 1300 Battleground Avenue, Greensboro, Guilford County NC 27408; and
3. Sheetz Inc. Convenience Store, 805 South State Street, Town of Yadkinville, Yadkin County, NC 27055.

January 16, 2013 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Verified Certificate to continue business as Private Bankers, received.

(These Private Bankers are already under the supervision of the Department.  New Certificate submitted by reason of the withdrawal from the firm of J. William Anderson, a Class 2 Limited Partner.)

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

January 16, 2013 (BR-MBD)
Full Service Branch
Bridge Capital Enterprises Ltd.
610 Manhattan Avenue, 1st Floor, Brooklyn, NY 11222

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

January 16, 2013 (MB-MBD)
Full Service Branch
Associated Mortgage Bankers, Inc.
600 Old Country Road, Suite 516, Garden City, NY 11530

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:

January 16, 2013 (MB-MBD)
Applicant(s)
Barri Habib
Toni Lee Habib

To acquire interest in:
RFC Mortgage In Lieu of True Name Residential Finance Corporation
401 North Front Street, 3rd Fl., Columbus, OH 43215

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.

SECTION II

December 26, 2012 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Application, pursuant to Section 162 of the Banking Law, to increase permanent capital from $360 million to $385 million, approved.

November 12, 2012 (CC-LFS)
UBNY, LLC D/B/A SUPERCASH
115 West 23rd Street, New York, NY 10011

Licenses to engage in business as casher of checks were surrendered at the following limited stations:

1. Railex Corp., 89-02 Atlantic Avenue, Ozone Park, NY 11416
2. Fauna Foods Corp., 50-10 Kneeland Street, Elmhurst, NY 11373
3. National Van Equipment Company, Inc., 38-20 Review Avenue, Long Island City, NY 11101
4. FedEx Ground Package System, Inc., 55-90 47th Street, Maspeth, NY 11378
5. Long Island Rail Road – Car Cleaner Shop, 33rd Street and 11th Avenue, New York, NY 10001
6. Long Island Rail Road – Morris Park Shop, 121st Street and Atlantic Avenue, Richmond Hill, NY 11418
7. FedEx Ground, 635 Zerega Avenue, Bronx, NY 10473

January 9, 2013 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC 
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

License to engage in business as casher of checks at the branch located at 318 Third Avenue, New York, NY 10010 was surrendered.

January 10, 2013 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 33-02 Ditmars Boulevard, Astoria, Borough of Queens, City of New York 11105 will not result in a significant reduction of banking services in the community to be affected.

January 11, 2013 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC D/B/A THE CHECK CASHING PLACE       
560 Sylvan Avenue, Englewood Cliffs, NJ, 07632-3119

A license was issued to engage in business as a licensed casher of checks as a result of the purchase of certain assets of Karbill Check Cashing, Inc. at 167 East 87th Street, New York, NY  10128.

In connection with the above license issuance, the original check casher license for the above location was surrendered.

January 16, 2013 (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 (automated teller machine) at NOCO Express, 4221 Walden Avenue, Town of Lancaster, Erie County, NY 14086.

January 16, 2013 (FB-FWB)
BANCO ESPANOL DE CREDITO, S.A.
Avenida Gran Via de Hortaleza, no. 3 28043 Madrid, Spain

Voluntary liquidation, pursuant to Section 605.11 of the Banking Law, of its  New York branch located at 730 Fifth Avenue, New York, NY 10019, completed. License surrendered as of December 21, 2012.

January 17, 2013 (BK – CRB)

GOLD COAST BANK
2929 Expressway Drive North, Suite 101, Islandia, New York 11749

The Superintendent’s final approval of the “Certificate of Amendment of the Organization Certificate of Gold Coast Bank under Section 8005 of the Banking Law” was granted.

The amendment provides for an increase in the authorized amount of capital stock from $9,645,680 consisting of 2,411,420 shares, to $17,400,000 consisting of 4,350,000 shares, all with a par value of $4.00 per share. 

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

January 16, 2013 (BR-MBD)
All County Capital Corp.
32 Union Square East, Suite 800, New York, NY 10003 3241

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

January 15, 2013 (BR-MBD)
BBC Financial Services, Inc.
412 Maple Avenue, Westbury, NY 11590 3291
Effective Date: January 09, 2013

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

January 14, 2013 (BR-MBD)
Full Service Branch
Atlantic Home Capital Corp.
1565 Franklin Avenue, Suite 110, Mineola, NY 11501
Effective Date: January 09, 2013

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

January 11, 2013 (MB-MBD)
Full Service Branch
American Financial Resources, Inc.
91 Maple Avenue, Suite 200, Smithtown, NY 11787
Effective Date: January 11, 2013

January 14, 2013 (MB-MBD)
Full Service Branch
US Mortgage Corporation
117-05 115th Avenue, South Ozone Park, NY 11420
Effective Date: January 07, 2013

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

January 10, 2013 (BR-MBD)
Camelot Mortgage Co., Inc.
2562 Neptune Avenue, Seaford, NY 11783 3410

January 10, 2013 (BR-MBD)
Marquis Funding Inc.
112-08 Jamaica Avenue, #1F, Richmond Hill, NY 11418 2425

January 14, 2013 (BR-MBD)
Homequest Mortgage & Financial Services Corporation
250 Fulton Avenue, Suite 420, Hempstead, NY 11550

January 15, 2013 (BR-MBD)
Gene Burshtein Enterprises, Inc.
2125 Flatbush Avenue, Brooklyn, NY 11234

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

January 16, 2013 (BR-MBD)
Clayton Financial Group Inc.
662 Myrtle Avenue, Unit 4, Brooklyn, NY 11205 3932
Effective Date: December 20, 2012

Mortgage Broker Branch Certificate Address Changes:

January 10, 2013 (BR-MBD)
Morgan Stanley Smith Barney LLC
From: 2 Blue Hill Plaza, Ground Floor, Pearl River, NY 10965
To: 1 Blue Hill Plaza, 1st Floor, Pearl River, NY 10965

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:

Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.