Skip to Content

Translate | Disclaimer

New York State Department of Financial Services

Banking Division
Weekly Bulletin

January 3, 2014

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.

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 23, 2013, (SF-LFS)
EXETER FINANCE CORP.
222 W. Las Colinas Blvd., Ste 1800, Irving, Dallas County, TX 75039

Applications received to engage in business as a sales finance company at the following branch locations:

2250 W. John Carpenter Freeway, Suite 100, Irving, Dallas County, TX 75063

300 Airborne Parkway, Suite 214, Cheektowaga, Erie County, NY 14225

326 RXR Plaza, Suite 1240, Uniondale, Nassau County, NY  11556

18 Division Street, Suite 307, Saratoga Springs, Saratoga County, NY  12866

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.


December 27, 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 death of Douglas C. Walker, a General Partner/Class 1 Limited Partner.)


Application received pursuant to Section 594-b of the New York Banking Law and Part 418 of the Superintendent's Regulations for a control interest:

November 6, 2013 (MLS-MB)
Applicant(s)
American Capital Mortgage Investment Corp.
Through their interest in American Capital Mortgage 2013, LLC
To acquire interest in Registered Mortgage Loan Servicer:
Residential Credit Solutions, Inc.
4708 Mercantile Drive, Fort Worth, TX 76137


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

 

August 19, 2013

1061040

Karen Jill Luntz

Melville

NY

September 16, 2013

1065254

Peter A Labarbera

Commack

NY

September 30, 2013

37710

Michael Joseph Greenlee

Placentia

CA

October 7, 2013

1107520

Adam Calvin Bennett

Sayre

PA

November 19, 2013

840549

Alan Scott Wein

Shirley

NY

December 9, 2013

33630

Crystal Bree Behrens

Scottsdale

AZ

December 9, 2013

1023916

Cory Harris Sheena

Detroit

MI

December 9, 2013

1107541

Emmanuel  Velazquez

Detroit

MI

December 9, 2013

1108349

Michael Christian Minjock

Seven Hills

OH

December 9, 2013

1117386

Jose Luis Landro-Vega

Detroit

MI

December 9, 2013

1065652

Nathan Harris Holmes

Livonia

MI

December 9, 2013

1023032

Renee Elizabeth Delia

Rochester Hills

MI

December 9, 2013

217190

Erika  Bailey

Sayville

NY

December 10, 2013

1097614

Peter Sylvester Wrubel

Sterling Heights

MI

December 10, 2013

1107749

Catherine Margaret Kett

Macomb

MI

December 10, 2013

854672

William R Gonzalez

Medford

NY

December 10, 2013

1076709

Jonathan Edward Briskey

Sterling Heights

MI

December 10, 2013

1066212

Pete  Torres

Livonia

MI

December 11, 2013

30960

Kevin  Kuechler

Needham

MA

December 11, 2013

825672

Michael Patros Bahoura

Shelby Twp

MI

December 11, 2013

1107398

Sarkis Soghomon Boghossian

Newport

RI

December 11, 2013

1087317

Karlee Rae Pilarski

Grosse Pointe Park

MI

December 11, 2013

893962

Jerry  Reyes

Lake Forest

CA

December 11, 2013

1124044

Sunny Lynn Sorbo

Lone Tree

CO

December 11, 2013

1124969

Bryan Patrick Barnwell

Wheat Ridge

CO

December 11, 2013

791978

Justin M Pinzenscham

Strasburg

CO


SECTION II

December 19, 2013 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC D/B/A THE CHECK CASHING PLACE       
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

License was issued to engage in business as a licensed casher of checks as a result of the purchase of certain assets of C & L Check Cashing Corp. at 3775 White Plains Road, Bronx, NY  10467.

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


December 23, 2013 (CC-LFS)
DAVID’S MONEY CENTERS OF THE BRONX, LLC 
3015 Third Avenue, Bronx, NY 10455

License to engage in business as casher of checks at the branch located at 34-12 Steinway Street, Long Island City, NY 11101 was surrendered.


December 27, 2013 (SF-LFS)
ROY A. BAKER, JR., Canton, OH 44720
ROBERT M. JAMES, Canton, OH 44720

An Application was approved for a change of control of a Sales Finance company, Tebo Financial Services, Inc. located at 4801 Dressler Road, NW, Suite 194, Canton, Stark County, OH 44718 to reflect a change of ownership interests as follows:
Roy A. Baker, Jr.               10%
Robert M. James              10%


December 27, 2013 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

As provided in Section 28-c of the Banking Law, the New York State Department of Financial Services has found that the proposed closing of branch office in Tops Supermarket, 390 West Main Street, Batavia, Genesee County, NY 14020, will not result in a significant reduction of banking services in the community to be affected.


December 27, 2013 (BP-LFS)
GRENPATH, INC., D/B/A GREENPATH DEBT SOLUTIONS 36500 Corporate Drive,
Farmington Hills, Oakland County, MI 48331

Licenses were issued to operate budget planner branch offices at the following locations:

  1. 511 Fort Street, Suite 535, Port Huron, St. Clair County, MI 48060
  2. 5100 West Kennedy Blvd., Suite 125, Tampa, Hillsborough County, FL 33609
  3. 2770 Virginia Parkway, McKinney, Collin County, TX 75071
  4. 400 Chisholm Place, Suite 414, Plano, Collin County, TX 75075
  5. 723 I-35, Suite 210, Denton, Denton County, TX 76205
  6. 4444 Corona Drive, Suite 106, Corpus Christi, Nueces County, TX 78411
  7. 245 Edison Road, Suite 230, Mishawaka, St. Joseph County, IN 46545
  8. 500 North Nappanee Street, Suite 7A, Elkhart, Elkhart County, IN 46514
  9. 401 West Baseline Road, Suite 206, Tempe, Maricopa County, AZ 85283
  10. 2622 NW 43rd Street, Suite C4, Gainesville, Alachua County, FL 32606
  11. 712 Chippewa Square, Suite 102, Marquette, Marquette County, MI 49855
  12. 5306 Avenue of the Cities, Suite A., Moline, Rock Island County, IL 61265
  13. 20 North Wacker Drive, Suite 1928, Chicago, Cook County, IL 60606
  14. 802 West Broadway, Suite 202, Madison, Dane County, WI 53713
  15. 4811 South 76th Street, Suite 410, Greenfield, Milwaukee County, WI 53220
  16. 211 West Ganson Street, Jackson, Jackson County, MI 49201
  17. 800 Ellis Road, Suite 129, Muskegon, Muskegon County, MI 49441
  18. 38545 Ford Road, Suite 202, Westland, Wayne County, MI 48185
  19. 10850 E. Traverse Hwy, Ste 2280, Traverse City, Grand Traverse County, MI 49684
  20. 4600 Fashion Square Blvd., Suite 202, Saginaw, Saginaw County, MI 48604
  21. 7127 S. Westnedge Ave., Suite C, Portage, Kalamazoo County, MI 49002
  22. 612 South Creyts Rd, Suite C, Lansing, Ingham County, MI 48917
  23. 2245 South State Street, Suite 2300, Ann Arbor, Washtenaw County, MI 48104
  24. 3210 Eagle Run Drive NE, Suite 102, Grand Rapids, Kent County, MI 49525
  25. 5700 Crooks Road, Suite 202, Troy, Oakland County, MI 48098
  26. 15479 S. Telegraph Road, Suite C, Monroe, Monroe County, MI 48161
  27. 26555 Evergreen Road, Suite 1060, Southfield, Oakland County, MI 48076
  28. 13305 Reeck Road, Suite 140, Southgate, Wayne County, MI 48195
  29. 131 East Columbia Ave., Suite 112, Battle Creek, Calhoun County, MI 49015
  30. 2111 Woodward Ave, Suite 906, Detroit, Wayne County, MI 48201
  31. 33533 Twelve Mile Road, Suite 178, Farmington Hills, Oakland County, MI 48331
  32. 2222 South Linden Road, Suite D, Flint, Genesee County, MI 48532
  33. 27085 Gratiot Avenue, Suite 103, Roseville, Macomb County, MI 48066
  34. 11111 Hall Road, Suite 422, Utica, Macomb County, MI 48317
  35. 634 East Levee Street, Brownsville, Cameron County, TX 78520
  36. 222 East Van Buren Street, Suite 619, Harlingen, Cameron County, TX 78550
  37. 801 Nolana, Suite 151, McAllen, Hidalgo County, TX 78504
  38. 3500 John F. Kennedy Pkwy, Suite 210, Ft. Collins, Larimer County, CO 80525
  39. 2919 West 17th Ave., #109, Longmont, Boulder County, CO 80503
  40. 1011 37th Avenue Court, Ste. 101A, Greeley, Weld County, CO 80634
  41. 105 Loudon Road, Bldg 1, Concord, Merrimack County, NH 03301
  42. 61 Locust Street, Suite 321, Dover, Strafford County, NH 03820
  43. 250 Commercial Street, Suite 1009A, Manchester, Hillsborough County, NH 03101
  44. 41 IDX Drive, Suite 210, South Burlington, Chittenden County, VT 05403
  45. 1525 NE 22nd Avenue, Ocala, Marion county, FL 34470

December 31, 2013 (BK-CRB)
MAHOPAC BANK
1441 Route 22, Town of Southeast, NY 10509

The “Plan of Conversion,” dated October 21, 2013, as amended on October 29, 2013, together with the “Organization Certificate of Mahopac 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 Mahopac National Bank from national to state charter, pursuant to Section 136 of the Banking Law, under the name Mahopac Bank. The conversion became effective as of the close of business December 31, 2013.

In addition to the principal office noted above, the bank will maintain the following branch offices:

831 Route 82, Hopewell Junction, Town of East Fishkill, Dutchess County, New York 12533;
706 Freedom Plains Road, Apple Valley Shopping Center, Town of LaGrange, Dutchess County, New York 12603;
1281 Route 9, Town of Wappinger, Dutchess County, New York 12590;
630 Route 6, Mahopac, Town of Carmel, Putnam County, New York 10541;
591 Route 6N, Mahopac Falls, Town of Carmel, Putnam County, New York 10542;
21 Peekskill Hollow Road, Town of Putnam Valley, Putnam County, New York 10579;
100 Independent Way, Brewster Highlands Shopping Center, Town of Southeast, Putnam County, New York 10509;
293 Lexington Avenue, Mt. Kisco, Westchester County, New York 10549;
49 Beekman Avenue, Sleepy Hollow, Westchester County, New York 10591;
One Kendal Way, Sleepy Hollow, Westchester County, New York 10510;
57 Wheeler Avenue, Pleasantville, Westchester County, New York 10570;
2 Church Street, Ossining, Westchester County, New York 10562;
766 Yonkers Avenue, Yonkers, Westchester County, New York 10704;
775 Palisade Avenue, Yonkers, Westchester County, New York 10703.


December 31, 2013 (BK-CRB)
METROPOLITAN COMMERCIAL BANK
99 Park Avenue, 4th Floor, New York, NY 10016

The "Plan of Charter Conversion," dated July 31, 2013, as amended on October 15, 2013, together with the "Organization Certificate of Metropolitan Commercial Bank," were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of Metropolitan National Bank from federal to state charter, pursuant to Section 136 of the Banking Law, under the name Metropolitan Commercial Bank. The conversion became effective as of the close of business December 31, 2013.

In addition to the principal office noted above, the bank will maintain the following branch offices:

99 Park Avenue, Ground Floor, Borough of Manhattan, City of New York 10016
16 West 46th Street, Borough of Manhattan, City of New York 10036
1359 Broadway, Borough of Manhattan, City of New York 10018
5101 13th Avenue, Borough of Brooklyn, City of New York 11219


December 31, 2013 (CC-LFS)
NY COMMERCIAL FINANCE CORP. DBA BROADWAY FINANCIAL          
100 Broadway, Brooklyn, NY 11211      

A license was issued for a name change of a casher of checks to NY Commercial Finance Corp.  DBA Broadway Financial. 

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


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

Licenses were issued to operate as casher of checks in conjunction with an asset purchase agreement with Flatbush Check Cashing, Inc. at the following locations:

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

In connection with the above license issuance, the check casher original licenses for the above locations were surrendered.


December 31, 2013 (SB-CRB)
THE DIME SAVINGS BANK OF WILLIAMSBURGH
209 Havemeyer Street, Brooklyn, NY 11201

Authorization granting permission to open and occupy a branch office at 42-25 Queens Boulevard, Sunnyside, Borough of Queens, City of New York 11104, surrendered for cancellation.

Office discontinued as of December 7, 2013.


December 31, 2013 (SL-CRB)
GOUVERNEUR SAVINGS AND LOAN ASSOCIATION
42 Church Street, Gouverneur, NY 13642

The "Plan of Charter Conversion," dated October 1, 2013, together with the "Organization Certificate of Gouverneur Savings and Loan Association," were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of Gouverneur Savings and Loan Association from federal to state charter, pursuant to Section 412 of the Banking Law, under the name Gouverneur Savings and Loan Association. The conversion became effective as of the close of business December 31, 2013.

In addition to the principal office noted above, the institution will maintain a branch office at 15 NYS Route 12, Alexandria Bay, Jefferson County, New York 13607.


December 31, 2013 (SF-LFS)
ADAF, LLC
6520 State Route 96, Victor, Ontario County, NY 14564

License was issued to operate a sales finance company at the above mentioned location.


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

November 6, 2013 (MLS-MBD)
Resurgent Capital Services, L.P.
55 Beattie Place, Suite 300 MS 425, Greenville, SC 29601

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

November 06, 2013 (BR-MBD)
CalCon Mutual Mortgage Corporation
3131 Camino Del Rio North, Suite 1680, San Diego, CA 92108 5755
Effective Date: November 01, 2013


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

October 31, 2013 (MB-MBD)
Full Service Branch
Continental Home Loans Inc. D/B/A Senior Home Loans
301 North Broadway, 2nd Floor, Jericho, NY 11753
Effective Date: October 28, 2013

November 04, 2013 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
127 Route 23, Suite 20, Hamburg, NJ 07419
Effective Date: November 01, 2013


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

October 31, 2013 (BR-MBD)
Mortgage Links Inc.
2043 Richmond Avenue, Staten Island, NY 10314 3900

October 31, 2013 (BR-MBD)
Stone Street Mortgage Corp.
185 Spring Street, Suite 6, Newton, NJ 07860

November 01, 2013 (BR-MBD)
Randal L. Miller d/b/a Atlantic Security Financial
3 Captain Richards Lane, Northport, NY 11768 2401

November 04, 2013 (BR-MBD)
Benzion Blum
1454 45th Street, Brooklyn, NY 11219 2243

November 04, 2013 (BR-MBD)
Consumer One Corp. d/b/a Consumer One Mortgage
154-2 Remington Boulevard, Ronkonkoma, NY 11779 6912

November 06, 2013 (BR-MBD)
BMC Productions Mortgage Co.
424 Webster Avenue, New Rochelle, NY 10801 3224

November 06, 2013 (BR-MBD)
Frontline Funding Group, Inc.
88-21 192nd Street, Hollis, NY 11423 2033


The mortgage broker is no longer a New York State approved FHA Mortgage Loan Correspondent and may no longer commit to make or advance funds on such loans for property located in the State of New York.

November 04, 2013 (BR-MBD)
A.S.A.P. Mortgage Corp.
2062 East Main Street, 1st Floor, Cortlandt Manor, NY 10567


The following registered mortgage broker has entered into a Settlement Agreement on April 17, 2013 with the Department, in lieu of a hearing for a fine or revocation of its mortgage broker registration, to settle violations of the New York Banking Law Article 12-D, and Part 38 of the General Regulation of the Banking Board and HUD’s Regulation X. The Settlement Agreement, terms and conditions include a fine of $5,000.

November 4, 2013 (BR-MBD)
Omni Mortgage Corp.
118-18 101 Avenue, Richmond Hill, NY 11419


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

December 31, 2013 (BR-MBD)
Capital Associates LTD.
485 Underhill Boulevard, Suite 103, Syosset, NY 11791 3434
Effective Date: November 18, 2013

December 31, 2013 (BR-MBD)
Stashin Mortgage Services, Inc.
10700 SW Beaverton-Hillside Hwy. Bdg 1, Ste. 200-3, Beaverton, OR 97006
Effective Date: December 16, 2013

December 31, 2013 (BR-MBD)
Kroll Factual Data, Inc.
5200 Hahns Peak Drive, Loveland, CO 80538
Effective Date: December 09, 2013


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

December 31, 2013 (MB-MBD)
GMAC Mortgage, LLC D/B/A ditech
1100 Virginia Drive, Fort Washington, PA 19034 3204
Effective Date: December 23, 2013


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

December 31, 2013 (MB-MBD)
Full Service Branch
GMAC Mortgage, LLC D/B/A ditech
2711 North Haskell Avenue, Suite 1000, Dallas, TX 75204
Effective Date: December 31, 2013

December 31, 2013 (MB-MBD)
Full Service Branch
GMAC Mortgage, LLC D/B/A ditech
3451 Hammond Avenue, Waterloo, IA 50702
Effective Date: December 31, 2013

December 31, 2013 (MB-MBD)
Full Service Branch
GMAC Mortgage, LLC D/B/A ditech
33 Wood Avenue South, Iselin, NJ 08830
Effective Date: December 31, 2013

December 31, 2013 (MB-MBD)
Full Service Branch
OneMain Financial, Inc.
1102 Union Road, Southgate Place, West Seneca, NY 14224
Effective Date: December 31, 2013


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

December 27, 2013 (BR-MBD)
Prisani Funding Corporation
251-61 Jericho Turnpike, 2nd Floor, Bellerose, NY 11426


Application approved pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for a control interest:

December 31, 2013 (MB-MBD)
Applicant(s)
The Carrington Companies, LLC
To acquire interest in:
Carrington Mortgage Services, LLC

1610 East Saint Andrew Place, Suite B-150, Santa Ana, CA 92705 4931

About DFS

Contact DFS

Reports & Publications

Licensing

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter

AccessibilityContact UsDisclaimerPrivacy PolicySite MapPDF Reader Software