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New York State Department of Financial Services

Banking Division
Weekly Bulletin

August 2, 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

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

July 24, 2013 (BP-LFS)
GREENPATH, INC. D/B/A GREENPATH DEBT SOLUTIONS
36500 Corporate Drive, Farmington Hills, Oakland County, MI 48331

An application was received to license the headquarters office located at 36500 Corporate Drive, Farmington Hills, Oakland County, MI 48331.

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


July 25, 2013 (BP-LFS)
CONSUMER CREDIT COUNSELING SERVICE OF GREATER ATLANTA, INC.
D/B/A CREDABILITY
270 Peachtree Street NW, Atlanta, Fulton County, Georgia 30303

An application to operate a full service branch at 3100 Interstate North Circle – Suite 300,
Atlanta, Cobb County, GA 30339 was received.

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


July 26, 2013 (SF-LFS)
PORSCHE FUNDING LIMITED PARTNERSHIP
4343 Commerce Court, Suite 300, Lisle, IL 60532-3616

Notification received for a change of headquarters location from 4343 Commerce Court, Suite 300, Lisle, IL 60532-3616 to 980 Hammond Drive, Suite 500, Atlanta, GA 30328.

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


July 26, 2013 (SF-LFS)
PORSCHE FINANCIAL SERVICES, INC. D/B/A BENTLEY FINANCIAL SERVICES D/B/A LAMBORGHINI FINANCIAL SERVICES
4343 Commerce Court, Suite 300, Lisle, IL 60532-3616

Notification received for a change of headquarters location from 4343 Commerce Court, Suite 300, Lisle, IL 60532-3616 to 980 Hammond Drive, Suite 500, Atlanta, GA 30328.

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


July 26, 2013 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Notice of intention to close branch office at 6948 Cato Street, Pavilion, Town of Pavilion, Genesee County, NY 14525, received.

The comment period on this notice will expire September 3, 2013.


July 26, 2013 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

Notice of intention to close branch office in Stop & Shop Supermarket, 2650 Sunrise Highway, East Islip, Town of Islip, Suffolk County, NY 11730, received.

The comment period on this notice will expire September 3, 2013.


July 28, 2013 (BP-LFS)
GARDEN STATE CONSUMER CREDIT COUNSELING, INC. D/B/A NOVADEBT
225 Willowbrook Road, Freehold, Monmouth County, NJ 07728

An application to operate a full service branch at 1455 Frazee Road, Suite 550, San Diego, San Diego County, FL 92108 was received.

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


July 29, 2013  (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901

Applications dated July 15, 2013 for permission to open and occupy branch offices at the following six locations, received:

  1. 120 Genesee Street, Auburn, Cayuga County, NY 13021;
  2. 185 Grant Avenue, Auburn, Cayuga County, NY 13021;
  3. 1094 Highway 222, Town of Cortlandville, Cortland County, NY 13045;
  4. 202 The Commons, Ithaca, Tompkins County, NY 14850;
  5. 304 Elmira Road, Ithaca, Tompkins County, NY 14850; and
  6. 54 Fall Street, Seneca Falls, Seneca County, NY 13148.

(These offices are to be acquired from Bank of America N.A.)


July 31, 2013 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Notice of intention to establish an electronic facility (automated teller machine) at 6948 Cato Street, Pavilion, Town of Pavilion, Genesee County, NY 14525, received.


August 2, 2013 (CC-LFS)
CHECKCHANGERS NEW YORK, LLC
8405 20th Avenue, Brooklyn, NY 11214

Application was received for a license to engage in business as a licensed casher of checks in connection with the purchase of certain assets of David’s Money Centers of Bensonhurst, L.L.C. at 2801 86th Street, Brooklyn, NY 11223.

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 August 16, 2013.


Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law received for examination:

July 26, 2013 (BR-MBD)
Applicant(s)
Peter R. Kassabov
Jill Marie Lambert
Edward A. Santos
Randall E. Lightbody
Jeffrey C. Taylor
Digital Risk, LLC
Mphasis Wyde, Inc.
Hewlett-Packard Company
As: Digital Risk Mortgage Services, LLC
2301 Maitland Center Parkway, Suite 165, Maitland, FL 32751 7465


Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law received for examination amended to read as follows:

July 25, 2013 (BR-MBD)
From: Applicant(s)
Roger David McCleary, Jr.
As: American Residential Mortgage, Inc.
111 Winners Circle, Colonie, NY 12205

To: American Residential Mortgage, Inc.
3 Winners Circle, Suite 304, Albany, NY 12205 1161


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

July 26, 2013 (BR-MBD)
Full Service Branch
Digital Risk Mortgage Services, LLC
5011 Gate Parkway, Building 200, Suite 200, Jacksonville, FL 32256


SECTION II

June 19, 2013 (SF-LFS)
AMERICAN SUZUKI FINANCIAL SERVICES COMPANY LLC D/B/A AMERICAN SUZUKI FINANCIAL SERVICES D/B/A ASFS
7159 Corklan Drive, Jacksonville, FL 32258

No objection issued to the change of a branch location from 3200 Park Center Drive, Suite 400, Costa Mesa, CA 92626 to 3200 Bristol Street, Suite 700, Costa Mesa CA 92626.


June 27, 2013 (PF-LFS)
IPFS CORPORATION D/B/A PREMIUM FINANCING SPECIALISTS D/B/A IMPERIAL CREDIT
1055 Broadway, 11th Floor, Kansas City, MO 64105

No objection issued to the change of a branch location from 125 South Wacker Drive, Suite 1330, Chicago, IL 60606 to 125 South Wacker Drive, Suite 1650, Chicago IL 60606.


June 28, 2013, (BK-FWB)
MIZUHO BANK (USA)
1251 Avenue of the Americas, New York, NY 10020

The Superintendent’s approval in principle of the ”Certificate of Amendment of the Organization Certificate of Mizuho Bank (USA), pursuant to Section 8005 of the Banking Law, to change its corporate name to Mizuho Bank (USA) was granted.


July 9, 2013 (TM-LFS)
GROUPEX FINANCIAL CORPORATION D/B/A REYME$A D/B/A SIGUE MONEY TRANSFER
14849 Firestone Boulevard, La Mirada, CA 90638-6009

No objection given to the notification by GroupEx Financial Corporation to change its name to GroupEx Financial Corporation D/B/A Reyme$a D/B/A Sigue Money Transfer, on or after July 9, 2013.


July 22, 2013 (CC-LFS)
SMJ SERVICES, INC.
31-88 21st Street, Long Island City, NY 11106

Licenses to engage in business as casher of checks were surrendered for the following locations:

  1. 18-33 27th Avenue, Astoria, NY 11102
  2. 135-11 Northern Boulevard, Flushing, NY 11354

July 30, 2013 (CU-CRB)
AMERICU CREDIT UNION
1916 Black River Boulevard, Rome, NY 13440

Application dated April 18, 2013 for permission to open and maintain a station at Onondaga Community College, Whitney Applied Technology Center, 100 Ransom MacKenzie West, Syracuse, County of Onondaga, NY 13215, approved.


July 30, 2013  (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notification received of the closing of a representative office at 33530 1st Way South (Suite 38), Federal Way, King County, WA 98003, effective July 19, 2013.


July 30, 2013 (SB-CRB)
CROSS COUNTY SAVINGS BANK
79-21 Metropolitan Avenue, Middle Village, NY 11379

Authorization Certificate issued February 20, 2013 granting permission to change temporarily the location of branch office from 175 Bedford Avenue, Borough of Brooklyn, City of New York 11211 to 731 Metropolitan Avenue, Borough of Brooklyn, City of New York 11211, surrendered for cancellation.

Authorization granting permission to open and occupy a branch office at 175 Bedford Avenue, Borough of Brooklyn, City of New York 11211, surrendered for cancellation.

Office discontinued as of July 24, 2013.


July 31, 2013 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd, Corona, NY 11368

Licenses were issued in conjunction with an asset purchase agreement with Ridge Check Cashing Corp. for the following locations:

  • 1021 Nostrand Avenue, Brooklyn, New York 11225
  • 1274 Nostrand Avenue, Brooklyn, New York 11226
  • 6817 Fourth Avenue, Brooklyn, New York 11220
  • 84 Flatbush Avenue, Brooklyn, New York 11217
  • 884 Fifth Avenue, Brooklyn, New York 11232
  • 906 Fulton Street, Brooklyn, New York 11238

August 1, 2013 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Authorization granting permission to open and occupy a branch office at 3 South Main Street, Pittston, Luzerne County, PA 18640, surrendered for cancellation.

Office discontinued as of July 26, 2013.


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

July 29, 2013 (MB-MBD)
Full Service Branch
MCS Mortgage Bankers, Inc. DBA Wholesale Direct
255 Executive Drive, Suite 409, Plainview, NY 11803

July 29, 2013 (MB-MBD)
Full Service Branch
MCS Mortgage Bankers, Inc. DBA Wholesale Direct
591 Stewart Avenue, 4th Floor, Garden City, NY 11530

July 29, 2013 (MB-MBD)
Full Service Branch
Jersey Mortgage Company of New Jersey, Inc.
140 Littleton Road, Suite 104, Parsippany, NJ 07054


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

July 25, 2013 (BR-MBD)
Sonia W. May DBA Lenox Mortgage
257-70 145th Avenue, Rosedale, NY 11422
Effective Date: July 22, 2013

July 25, 2013 (BR-MBD)
The Mortgage Mall Inc.
99 West Hawthorne Avenue, Suite 408, Valley Stream, NY 11580
Effective Date: July 24, 2013


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

July 25, 2013 (MB-MBD)
Full Service Branch
Prospect Lending, LLC D/B/A Prospect Mortgage, LLC
115 West Century Road, Suite 310, Paramus, NJ 07652
Effective Date: July 24, 2013

July 29, 2013 (MB-MBD)
Full Service Branch
Real Estate Mortgage Network, Inc. D/B/A Menlo Park Funding
197 Route 18, Suite 308N, East Brunswick, NJ 08816
Effective Date: July 26, 2013

July 31, 2013 (MB-MBD)
Full Service Branch
Mortgage Enterprise, Ltd.
777 Westchester Avenue, Suite 101, Office 110, White Plains, NY 10604
Effective Date: July 31, 2013


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

July 25, 2013 (BR-MBD)
Frontline Funding Group, Inc.
88-21 192nd Street, Hollis, NY 11423 2033

July 29, 2013 (BR-MBD)
First Merchants, Inc.
179 Berkeley Place, Brooklyn, NY 11217

July 29, 2013 (BR-MBD)
Atlantic First Funding Corp.
19-02 Whitestone Expressway, Suite 102A, Whitestone, NY 11357

July 29, 2013 (BR-MBD)
South Fork Funding, Inc.
380 Townline Road, Suite 150, Hauppauge, NY 11788 3549

July 31, 2013 (BR-MBD)
Overall Mortgage Corp.
1438 42nd Street, Lower Level, Brooklyn, NY 11219


Mortgage Banker License Address Changes:

July 31, 2013 (MB-MBD)
Mortgage Enterprise, Ltd.
From: 776 RXR Plaza, 7th Floor, West Tower, Uniondale, NY 11556
To: 393 Old Country Road, Suite 301, Carle Place, NY 11514 2131

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