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New York State Department of Financial Services

Banking Division
Weekly Bulletin

October 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

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

September 26, 2013 (TM-LFS)
METRO REMITTANCE (USA), INC
11700 South Street, Suite 203, Artesia, CA 90701

An application to merge Metro Remittance Center, Inc., a licensed New York State money transmitter, with and into Metro Remittance (USA), Inc., a licensed California State money transmitter, pursuant to Article 13-B of the New York 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.


September 26, 2013 (SF-LFS)
VW CREDIT, INC.
1401 Franklin Boulevard, Libertyville, IL 60048-4460

Notification received for a change of name from VW Credit, Inc. to VW Credit, Inc. D/B/A Ducati Financial Services.

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.


October 15, 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 Robert R. Gould, a Class 2 Limited Partner.)
___________________________________________________________________________

October 15, 2013 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Application dated October 11, 2013, for permission to change the location of branch office from 526 East Market Street, Leesburg, Loudoun County, VA 20176 to 341 East Market Street, Leesburg, Loudoun County, VA 20176, received.


October 16, 2013 (BK-CRB)
METROPOLITAN NATIONAL BANK
99 Park Avenue, New York, NY 10016

Bulletin item dated August 16, 2013, advising of the receipt of an application for conversion of Metropolitan National Bank from national to state charter, under the name Metropolitan State Bank, is amended to reflect a change in the name of the proposed, converted bank, from Metropolitan State Bank to Metropolitan Commercial Bank.


October 16, 2013 (CC- LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd, Corona, NY 11368

Applications for a license to engage in business as a licensed casher of checks were received in connection with the purchase of certain assets of Flatbush Check Cashing, Inc. at the following locations:

  1. 1154 Flatbush Avenue, Brooklyn, NY 11226
  2. 1671 Bedford Avenue, Brooklyn, NY 11225

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 10 business days, by November 1, 2013.


October 16, 2013 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd, Corona, NY 11368

An application was received to change the location of doing business as a licensed casher of checks to 18 4th Avenue, Brooklyn, NY 11217 from 88 4th Avenue, Brooklyn, NY 11217.

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 November 1, 2013.


October 16, 2013 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd, Corona, NY 11368

An application was received to change the location of doing business as a licensed casher of checks to 993 Nostrand Avenue, Brooklyn, NY 11225 from 1021 Nostrand Avenue, Brooklyn, NY 11225.

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 November 1, 2013.


October 16, 2013 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd, Corona, NY 11368

An application was received to change the location of doing business as a licensed casher of checks to 6901 4th Avenue, Brooklyn, NY 11209 from 6817 4th Avenue, Brooklyn, NY 11220.

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 November 1, 2013.


October 16, 2013 (TM-LFS)
SQUARE, INC.
901 Mission Street, San Francisco, CA 94103

Notification of a change of principle office location from 901 Mission Street, San Francisco, CA 94103 to 1455 Market Street, Suite 600, San Francisco, CA 94103, was received.

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.


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

October 15, 2013 (MB-MBD)
Applicant(s)
Robert McInnes
James Comosa
Jeffrey Estabrook
Mortgage Network Business Trust Holding Company
As: MNET Mortgage In Lieu of True Name Mortgage Network, Inc.
300 Rosewood Drive, Danvers, MA 01923


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

From:
November 08, 2011 (MB-MBD)
Applicant(s)
Gregory Joseph Englesbe
John Miriello
Mark Lawrence Gerber
As: E Mortgage Management LLC
222 Haddon Avenue, Suite 2-A, Haddon Township, NJ 08108 2827

To:
October 11, 2011 (MB-MBD)
Applicant(s)
Gregory Joseph Englesbe
John Miriello
Mark Lawrence Gerber
Kevin Crichton
As: E Mortgage Management LLC
222 Haddon Avenue, Suite 2-A, Haddon Township, NJ 08108 2827


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

October 16, 2013 (MB-MBD)
Full Service Branch
Springleaf Home Equity, Inc.
3232 West Royal Lane, Suite 100, Irving, TX 75063


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

July 23, 2012

808062

Donald Gerard Nelson

Randolph

NJ

February 8, 2013

4609

Robert Elliottt Gomer

Marlboro

NJ

July 8, 2013

12208

Dan He

Rego Park

NY

July 18, 2013

407608

Ross Paul Bowman

Orchard Park

NY

August 20, 2013

1073640

Shlomo Shmuel Feierman

Far Rockaway

NY

August 20, 2013

794878

Thomas James Tooker

Bethpage

NY

August 21, 2013

67112

Saul  Persaud

Richmond Hill

NY

August 29, 2013

1100037

John Jay Homkey

Queensbury

NY


SECTION II

September 30, 2013 (TM-LFS)
METRO REMITTANCE CENTER, INC.
69-11C Roosevelt Avenue, Woodside, NY 11377

A money transmitter license was issued to Metro Remittance Center, Inc. in connection with its change of business location from 41-60 Main Street, Suite 309, Flushing, New York 11355 to 69-11C Roosevelt Avenue, Woodside, NY 11377.

In connection with the above license issuance, the money transmitter license for 41-60 Main Street, Suite 309, Flushing, New York 11355 was surrendered.


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

October 10, 2013 (MB-MBD)
E Mortgage Management LLC
222 Haddon Avenue, Suite 2-A, Haddon Township, NJ 08108 2827

October 15, 2013 (MB-MBD)
Caliber Home Loans, Inc.
13801 Wireless Way, Oklahoma City, OK 73134 2500


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

October 16, 2013 (BR-MBD)
Full Service Branch
Lenderlive Network, Inc. d/b/a LL Network
999 Tech Row, Suite 200, Madison Heights, MI 48071


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

October 15, 2013 (MB-MBD)
Full Service Branch
Caliber Home Loans, Inc.
4000 Route 66, Suite 344, Tinton Falls, NJ 07753

October 15, 2013 (MB-MBD)
Full Service Branch
Caliber Home Loans, Inc.
6031 Connection Drive, Suite 200, Irving, TX 75039

October 15, 2013 (MB-MBD)
Full Service Branch
Caliber Home Loans, Inc.
16745 West Bernardo Drive, Suite 300, San Diego, CA 92127

October 16, 2013 (MB-MBD)
Full Service Branch
Mortgage Master, Inc.
135 West 50th Street, 18th Floor, New York, NY 10022

October 16, 2013 (MB-MBD)
Full Service Branch
Nationwide Equities Corporation
926 Sunrise Highway, Suite 100, West Babylon, NY 11704

October 16, 2013 (MB-MBD)
Full Service Branch
Meadowbrook Financial Mortgage Bankers Corp.
2901 Long Beach Road, Suite 10, Oceanside, NY 11572


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

October 16, 2013 (MB-MBD)
First Residential Mortgage Services Corporation
570 Sylvan Avenue, Englewood Cliffs, NJ 07632 3101
Effective Date: October 11, 2013


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

October 10, 2013 (MB-MBD)
Full Service Branch
Discover Home Loans, Inc.
173 Technology Drive, Irvine, CA 92618
Effective Date: October 10, 2013


Mortgage Broker Certificate Address Changes:

October 10, 2013 (BR-MBD)
R.B.I. Associates, Ltd.
From: 1888 Bellmore Avenue, Bellmore, NY 11710
To: 33 South Service Road, Suite 2, Jericho, NY 11753 1036


Mortgage Banker License Address Changes:

October 10, 2013 (MB-MBD)
Discover Home Loans, Inc.
From: 2500 Lake Cook Road, Riverwoods, IL 60015
To: 173 Technology Drive, Irvine, CA 92618 2402


Mortgage Banker Branch License Address Changes:

October 10, 2013 (MB-MBD)
Nationwide Equities Corporation
From: 575 Lexington Avenue, 4th Floor, New York, NY 10022
To: 100 Clearbrook Road, 1st Floor, Suite 018500, Elmsford, NY 10523

October 10, 2013 (MB-MBD)
Vanguard Funding LLC
From: 100 Huntington Quadrangle, Suite 1S06, Melville, NY 11747
To: 1 Huntington Quadrangle, Suite 1S06, Melville, NY 11747


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