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New York State Department of Financial Services


Banking Division
Weekly Bulletin

November 1, 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

October 17, 2013 (PF-LFS)
IPFS CORPORATION U/A/N PREMIUM FINANCING SPECIALISTS U/A/N IMPERIAL CREDIT
1055 Broadway, 11th Floor, Kansas City, MO 64105

Notification received for a change of branch office location from 777 South Figueroa Street, Suite 350, Los Angeles, CA 90017 to 777 South Figueroa Street, Suite 300, Los Angeles, CA 90017.

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 28, 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 two locations, received:

  1. Airborne Business Park, 80 Holtz Drive, Town of Cheektowaga, Erie County, NY 14225; and
  2. The Larkin Building, 701 Seneca Street, Buffalo, Erie County, NY 14210.

October 30, 2013 (SF-LFS)
CARMAX BUSINESS SERVICES, LLC, D/B/A CARMAX AUTO FINANCE 
225 Chastain Meadows Court, Suite 210, Kennesaw, Cobb County, GA 30144

Application for a license to engage in business as a sales finance company 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 Department by the applicant.


October 30, 2013 (SF-LFS)
ROY A. BAKER, JR., NORTH CANTON, OH 44720
ROBERT M. JAMES, NORTH CANTON, OH 44720

An application was received for the Superintendent’s prior approval for a change of control of Tebo Financial Services, Inc., to reflect the transfer of company stock as follows:

Roy A. Baker, Jr.               10%
Robert M. James              10%

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.


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

Application dated October 29, 2013, for permission to open and occupy a branch office at D'Youville College, 320 Porter Avenue, Buffalo,  Erie County, NY 14201 for the limited purpose of opening accounts, received.

(This branch is to be in operation periodically at this location.)


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

From:
June 4, 2013 (MLS-MBD)
Applicant(s)
Jeffrey Paul Grogin                                        
Stanford Lee Kurland                                    
Anne Dewey McCallion
David Alan Spector
PennyMac Operating Partnership, LP
PennyMac Mortgage Investment Trust    
As: PennyMac Mortgage Investment Trust Holdings I, LLC
6101 Condor Drive, Suite 310, Moorpark, CA 93021

To:
October 29, 2013 (MLS-MBD)
Applicant(s)
Jeffrey Paul Grogin                                        
Stanford Lee Kurland                                    
Anne Dewey McCallion
David Alan Spector
PennyMac Operating Partnership, LP
PennyMac Mortgage Investment Trust    
As: PennyMac Holdings, LLC
6101 Condor Drive, Suite 310, Moorpark, CA 93021


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 2, 2013

180144

Daniel Charles Mclaren

Warrington

PA

July 26, 2013

9810

Vanessa Lynn Gargana

Fairport

NY

July 26, 2013

628225

Kay E Bauman

Webster

NY

July 26, 2013

628226

Stephen M Carey

Webster

NY

July 26, 2013

628234

Adam C Smith

Rochester

NY

July 26, 2013

628227

Mary Jo Ann Claudius

Fairport

NY

July 30, 2013

628232

Eileen A Reichart

Pittsford

NY

July 31, 2013

12602

Dianne Marie Gerrie

Webster

NY

July 31, 2013

9368

A. Maria Coco

Penfield

NY

July 31, 2013

628239

Susan E Wood

Pittsford

NY

August 7, 2013

628237

Matthew F Whalen

Rochester

NY

August 8, 2013

1071837

Allan David Fain

North Babylon

NY

August 8, 2013

628236

Corinne  Tepedino

Canandaigua

NY

August 9, 2013

63402

Joyce Delores Robinson

Brooklyn

NY

August 12, 2013

628228

Michael A Denero

Rochester

NY

August 23, 2013

82995

Paul L Harris

Brookfield

CT

August 30, 2013

1071740

Grant David Hilgert

Evanston

IL

September 3, 2013

987646

Brandon Joseph Osborne

Chino

CA

September 5, 2013

1006830

Theresa  Ybarra

Chino

CA

September 9, 2013

65952

Fabian Gerardo Lopez

West Hempstead

NY

September 9, 2013

1087608

Firas Ahmed Zeidan

Dearborn Heights

MI

September 11, 2013

1092791

Ronald Pernell Mills

Columbia

MO

September 17, 2013

1085550

Kristopher Anthony Daniels

The Colony

TX

September 17, 2013

67470

Saji  Thomas

New Hyde Park

NY

September 19, 2013

970656

Krey  Lorick

Great Neck

NY

September 19, 2013

1091298

Joshua John Del Conte

Seekonk

MA

September 20, 2013

1075687

Tiffany Nichole West

Carrollton

TX

September 23, 2013

1090867

Alicia  Harrison

Westbury

NY

September 23, 2013

625763

Shane R Gill

Webster

NY

September 24, 2013

375741

Jason Joseph Perino

Livonia

MI

September 25, 2013

1086988

Antoine Lamar Draper

Detroit

MI

September 27, 2013

1082620

Nicholas Benjamin Green

Plano

TX


SECTION II

September 10, 2013 (TM-LFS)
GROUPEX FINANCIAL CORPORATION U/A/N REYME$A U/A/N SIGUE MONEY TRANSFER
13291 Ralston Avenue, Sylmar, CA 91342

A money transmitter license was issued to GroupEx Financial Corporation U/A/N Reyme$a U/A/N Sigue Money Transfer in connection with its change of business location from 14849 Firestone Boulevard, La Mirada, CA 90638 to 13291 Ralston Avenue, Sylmar, CA 91342

In connection with the above license issuance, the money transmitter license for 14849 Firestone Boulevard, La Mirada, CA was surrendered.


September 10, 2013 (SF-LFS)
AMERICAN SUZUKI FINANCIAL SERVICES COMPANY LLC U/A/N/AMERICAN SUZUKI FINANCIAL SERVICES U/A/N ASFS
7159 Corklan Drive, Suite 200, Jacksonville, Duval County, FL 32258

A branch license was issued to engage in the business of a sales finance company at 12850 West Gran Bay Parkway, Suite 100, Jacksonville, Duval County, FL 32258.


October 1, 2013 (CC-LFS)
NATIONAL CHECK CASHING CORP.
101 North Street, Middletown, NY 10940
License to engage in business as casher of checks for the location at 101 North Street, Middletown, NY 10940 was surrendered.


October 17, 2013 (TM-LFS)
PAYPAL, INC.
2211 N. First Street, San Jose, CA 95131

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


October 25, 2013 (BK-CRB)
USNY BANK
389 Hamilton Street, Geneva, NY  14456

Authorization issued to open and occupy a branch office at 34-36 Main Street, Oneonta, Otsego County, NY 13820, on or after October 26, 2013.


October 25, 2013 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Authorization issued to open and occupy a branch office at 268 Brighton Beach Avenue, Borough of Brooklyn, City of New York 11235, on or after October 26, 2013.


October 25, 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 CrossPoint Business Park, 475 Crosspoint Parkway, Town of Amherst, Erie County, NY 14068.


October 25, 2013 (MI-FWB)
BANK OF THE WEST
180 Montgomery Street, San Francisco, CA 94104

Authorization issued to open and occupy a branch office at 787 7th Avenue, Borough of Manhattan, City of New York 10019 for the limited purpose of serving commercial clients, on or after October 26, 2013.


October 25, 2013 (TR-CRB)
SOLVAY BANK
1537 Milton Avenue, Solvay, NY 13209

Authorization issued to open and occupy a branch office at 6828 East Genesee Street, Town of DeWitt, Onondaga County, NY 13066, on or after October 26, 2013.


October 25, 2013 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA  01201

Approval given to change the location of branch office from 200 West Dominick Street, Rome, Oneida County, NY 13440 to 100 West Dominick Street, Rome, Oneida County, NY 13440, on or after October 26, 2013.  (The present location is currently a branch office of Bank of America N.A.  The proposed relocation is contingent upon the acquisition of this branch by the applicant.)


October 25, 2013 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA  01201

Approval given to change the location of branch office from 1714 Black River Boulevard, Rome, Oneida County, NY 13440 to 1629 Black River Boulevard, Rome, Oneida County, NY 13440, on or after October 26, 2013.  (The present location is currently a branch office of Bank of America N.A.  The proposed relocation is contingent upon the acquisition of this branch by the applicant.)


October 28, 2013 (TR-CRB)                                   
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

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 6948 Cato Street, Pavilion, Town of Pavilion, Genesee County, NY 14525, will not result in a significant reduction of banking services in the community to be affected.  (Five Star Bank is to continue to operate an automated teller machine at this location.)


October 28, 2013 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at 6948 Cato Street, Pavilion, Town of Pavilion, Genesee County, NY 14525.


October 29, 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 in Santoni's Super Market, 3800 East Lombard Street, Baltimore, MD 21224, surrendered for cancellation.

Office discontinued as of October 23, 2013.


October 29, 2013 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Verified Certificate to Continue Business, approved and filed.


October 30, 2013 (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 at 501 Merritt 7, Norwalk, Fairfield County, CT 06851.


October 30, 2013 (BK-CRB)
GENESEE REGIONAL BANK
3380 Monroe Avenue, Pittsford, NY 14618

Notification received, in accordance with Supervisory Policy G 8, of the establishment of representative offices at the following two locations:

  1. 2024 West Henrietta Road (Suite 2A), Town of Brighton, Monroe County, NY 14623; and
  2. 919 South Winton Road, Town of Brighton, Monroe County, NY 14618.

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

October 28, 2013 (MB-MBD)
Full Service Branch
Springleaf Home Equity, Inc.
3232 West Royal Lane, Suite 100, Irving, TX 75063


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

October 28, 2013 (MB-MBD)
Full Service Branch
Nationwide Equities Corporation
358 Route 202, 2nd Floor, Front Room, Somers, NY 10589
Effective Date: October 23, 2013

October 30, 2013 (MB-MBD)
Full Service Branch
Wall Street Mortgage Bankers Ltd. DBA Power Express
165 Madison Avenue, Office #300, New York, NY 10016
Effective Date: October 30, 2013


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

October 24, 2013 (BR-MBD)
Safeway Equities LTD.
2545 Hempstead Turnpike, Suite 221, East Meadow, NY 11554 2144

October 29, 2013 (BR-MBD)
Residential Capital Corp.
635 Walton Avenue, Room 1, Bronx, NY 10451

October 30, 2013 (BR-MBD)
TNI Finances, Inc.
626 Rexcorp Plaza, Suite 675, Uniondale, NY 11556 0626

October 30, 2013 (BR-MBD)
Citizens Mortgage Corporation
26-01 Pellack Drive, Fairlawn, NJ 07410


Mortgage Banker License Address Changes:

October 25, 2013 (MB-MBD)
Interstate Home Loan Center, Inc.
From: 535 Broad Hollow Road, Suite A2, Melville, NY 11747
To: 25 Melville Park Road, Suite 105, Melville, NY 11747 3195


Mortgage Banker Branch License Address Changes:

October 24, 2013 (MB-MBD)
One Reverse Mortgage, LLC
From: 504 Woodward Avenue, Detroit, MI 48226
To: 644 Woodward Avenue, Detroit, MI 48226

October 30, 2013 (MB-MBD)
Franklin First Financial, Ltd. D/B/A Franklin First Mortgage Bankers
Additional DBA(S): Presidents First Mortgage Bankers
Senior Funding Group
From: 181 New Road, Suite 204, Parsippany, NJ 07054
To: 18-19 River Road, Fairlawn, NJ 07410


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

January 22, 2013

459445

Shane Bradley Williams

Mission Viejo

CA

loanDepot.com, LLC


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