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New York State Department of Financial Services

Banking Division
Weekly Bulletin

July 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

June 27, 2014 (LL-LFS)
SPRINGLEAF CONSUMER LOAN, INC. D/B/A iLOAN
601 NW Second Street, Evansville, IN 47708
                    
Applications were received for licenses to engage in the business of a licensed lender at the following locations:

  1. 601 NW Second Street, Evansville, IN 47708
  2. 600 NW Second Street, Evansville, IN 47708
  3. 180 Peckham Lane, Suite 1140, Reno, NV 89509
  4. 1361 Fairview Blvd., Suite H, Delran, NJ 08075

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.


June 27, 2014 (TR-CRB)
MARKET STREET TRUST COMPANY
80 East Market Street, Corning, NY 14830

Pursuant to the provisions of Section 105-b of the Banking Law, notice to the Superintendent of Financial Services of intention to establish and maintain a trust office at 499 Park Avenue (26th Floor), Borough of Manhattan, City of New York 10022, received.


July 1, 2014 (TM-LFS)
ENVIOS DE VALORES LA NACIONAL CORP.
566 West 207th Street, New York, NY 10034

Application to acquire 100% of Mateo Express, Inc., a licensed New York State money transmitter, by Envios de Valores La Nacional Corp., a licensed New York State money transmitter, was received.

In conjunction with the change of control, a notification of the use of the assumed name of “Mateo Express” by Envios de Valores La Nacional Corp. was received.

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


July 1, 2014 (SB-CRB)
PATRIOT BANK
211 Erie Boulevard, Canajoharie, New York 13317

Application for conversion of Patriot Federal Bank from national to state charter, under the name Patriot Bank, received.


July 3, 2014 (SF-LFS)
SIERRA AUTO FINANCE LLC
5005 LBJ Freeway, Suite 700, Dallas, Dallas County, TX 75244

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.


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 01, 2014 (BR-MBD)
Applicant(s)
Maria Ines DaSilva
As: Midas Mortgages Inc.
217 Main Street, Ossining, NY 10562 55


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:

July 02, 2014 (MLS-MBD)
Application(s)
OCM SLNE Holdings, LLC
Through their indirect interest in Selene Holdings LLC
To acquire interest in Registered Mortgage Loan Servicer:
Selene Finance LP
9990 Richmond Avenue, Suite 400 South, Houston, TX  77042


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

September 12, 2013

22170

Dean Thomas Fiore

Concord

NC

April 3, 2014

930222

William R. Barone III

N Bellmore

NY

April 4, 2014

358649

Jonathan Huy Yuen

Irvine

CA

April 7, 2014

1078235

Juan F Santana

Valley Stream

NY

April 10, 2014

188710

David Lawrence Gooding

Valrico

FL

April 15, 2014

879895

Octavio  Navarro

Seaford

NY

April 16, 2014

808423

Anna Kristine Schneider

Dallas

TX

April 17, 2014

27486

Larry  Sellers

Farmington Hills

MI

April 21, 2014

1049859

Matthew John Laitila

Westlake

OH

April 24, 2014

213902

Nelson Javier Rodriguez

Astoria

NY

April 25, 2014

11750

David Thomas Trevarrow

Orion Township

MI

April 29, 2014

1101982

Joseph Richard Crane

Staten Island

NY

April 30, 2014

964322

Anthony Joseph Gerard

Ferndale

MI

April 30, 2014

12721

Renee Elaine Tarp

Waterford

MI

April 30, 2014

1140231

Robert Raymond LaBute II

Ypsilanti

MI

April 30, 2014

1019454

Brandon Robert Clute

Baltimore

MD

May 1, 2014

31278

Robert Harry Nelson

Wyandotte

MI

May 7, 2014

360468

Vladimir Schlobohm Osteria

Westminster

CA

May 13, 2014

103114

Heather C Close

Slingerland

NY

May 13, 2014

518764

Richard Armstrong Adams

Maitland

FL

May 15, 2014

205141

Erin  Carvelli

Belmar

NJ

May 16, 2014

50318

Michael Anthony Rael

Aliso Viejo

CA

June 2, 2014

90199

Kyla DeMarzio

Union City

NJ

June 2, 2014

146875

william barton mcmackin

Brookhaven

NY

June 3, 2014

181596

Alexander C Blum

Syosset

NY

June 3, 2014

407620

Juliann Giuffre

Peekskill

NY

June 3, 2014

1181834

Erguis Metiri

Bronx

NY

June 5, 2014

900344

peter anthony fraina

Bellmore

NY

June 5, 2014

64596

James Edward Cahill

Cicero

NY

June 6, 2014

1030649

Rebekah Lynn Boone

Columbia

MO

June 6, 2014

174698

Breton Glen Macdonald

Costa Mesa

CA

June 6, 2014

1114898

Bernadette Mutuc Powers

Placentia

CA

June 9, 2014

38052

Adam Jay Johnson

San Clemente

CA

June 9, 2014

40127

Giang Nam Truong Nguyen

Santa Ana

CA

June 9, 2014

129603

Ronald Michael Trejo

Corona

CA

June 9, 2014

1128634

Derek Reid Hannawald

Dallas

TX

June 9, 2014

38272

Robert Irving Kaufman

Irvine

CA

June 9, 2014

373595

Andre  Pacheco

Brea

CA

June 10, 2014

17555

Wesley Blake Felts

Louisville

KY

June 10, 2014

1181604

Shannon  Clute

Gansevoort

NY

June 11, 2014

1117392

Karl James Leitz

Trenton

MI

June 13, 2014

1178198

Allison Elizabeth Wykle

Auburn Hills

MI

June 13, 2014

1176761

Lynne  Rose

Brooklyn

NY


SECTION II

June 20, 2014 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

License to engage in business as casher of checks at the branch located at 747 East 132nd Street, Bronx, NY 10454 was surrendered.


June 23, 2014 (CC-LFS)
CEBCO CHECK CASHER CORP.
369 Palmetto Street, Brooklyn, NY 11237

License to engage in business as casher of checks was surrendered for the following limited station locations:

  • Courtyard New York City, LaGuardia Airport, 90-10 Grand Central Parkway, East Elmhurst, NY 11369
  • Rainbow Apparel Distribution Center Co., 1000 Pennsylvania Avenue, Brooklyn, NY 11207
  • Scent-Sation Inc., 55-01 37th Avenue, Flushing, NY 11377
  • Tower Isle Frozen Foods Ltd., 2025 Atlantic Avenue, Brooklyn, NY 11233
  • Acme Metal Cap Co., Inc., 33-53 62nd Street, Woodside, NY 11377
  • Parker Jewish Geriatric, 271-11 76th Avenue, New Hyde Park, NY 11040
  • Worldwide Flight Services, Cargo Building 151 - JFK Airport, Jamaica, NY 11430
  • Pinnacle Industries II, LLC, 413 East 69th Street, New York, NY 10021

June 23, 2014 (PF-LFS)
PAYMENTS INC.
c\o Kingstone Companies, Inc., 15 Joys Lane, Kingston, New York 12401

No objection issued to the notification of a change of headquarters location from 1158 Broadway, Hewlett, New York 11557-2302 to c/o Kingstone Companies, Inc., 15 Joys Lane, Kingston, New York 12401.


JUNE 30, 2014 (SF-LFS)
VW CREDIT, INC. U/A/N DUCATI FINANCIAL SERVICES U/A/N VOLKSWAGEN CREDIT U/A/N AUDI FINANCIAL SERVICES
1401 Franklin Boulevard, Libertyville, IL 60048-4460

A new sales finance company license was issued to reflect the name change from: VW Credit, Inc. U/A/N Ducati Financial Services to: VW Credit, Inc. U/A/N Ducati Financial Services U/A/N Volkswagen Credit U/A/N Audi Financial Services.

In connection with the issuance of the above license, the sales finance company license issued under the name VW Credit, Inc. U/A/N Ducati Financial Services was surrendered.


June 30, 2014 (BP-LFS)
CONSUMER CREDIT COUNSELING SERVICE OF GREATER ATLANTA, INC., U/A/N
CLEARPOINT  CREDIT COUNSELING SOLUTIONS
270 Peachtree Street, NW, Atlanta, Fulton County, GA 30303

A change-of-control application allowing for the merger of Consumer Credit Counseling Service of Greater Atlanta, Inc. (“CCCS, Atlanta”) and ClearPoint Financial Solutions, Inc., D/B/A ClearPoint Credit Counseling  Solutions (“ClearPoint”) was approved.   In addition a name change was approved as follows:

To:         Consumer Credit Counseling Service of Greater Atlanta, Inc. d/b/a CredAbility  
From:     Consumer Credit Counseling Service of Greater Atlanta, Inc., U/A/N ClearPoint
Credit Counseling Solutions

Subsequently, the following licensed offices of ClearPoint have become licensed branch offices of CCCS, Atlanta and new licenses were issued in the new name: Consumer Credit Counseling Service of Greater Atlanta, Inc. U/A/N ClearPoint Credit Counseling Solutions:

  1. 1651 E. Fourth Street, Suite 105, Santa Ana, Orange County, CA 92701
  2. 1501 West US Hwy 50, O’Fallon, St. Clair County, IL 62269
  3. 16800 Devonshire Street, #301, Granada Hills, Los Angeles County, CA 91344
  4. 1055 Mercury Blvd., Suite 505, Hampton, (independent city), VA 23666
  5. 6055 E. Washington Blvd., # 390, Commerce, Los Angeles County, CA 90040
  6. 4010 Watson Plaza Drive, Suite 225, Lakewood, Los Angeles County, CA 90712
  7. 1024 W. Robinhood Drive, Suite 2, Stockton, San Joaquin County, CA 95207
  8. 1616 West Main Street, Suite 503, Marion, Williamson County, IL 62959
  9. 205 South Fifth Street, Springfield, Sangamon County, IL 62701
  10. 10104 Senate Drive, Suite 236, Lanham, Prince George’s County, MD 20706
  11. 1300 Hampton Ave., St. Louis, St. Louis County, MO 63139
  12. 2635 Camino Del Rio South, Suite 101, San Diego, San Diego County, CA 92108
  13. 4969 E. McKinley Ave., Suite 107B, Fresno, Fresno County, CA 93727
  14. 1750 Howe Ave, Suite 125, Sacramento, Sacramento County, CA 95825
  15. 200 N. Maryland Ave., Suite 102, Glendale, Los Angeles County, CA 91206
  16. 242 E. Airport Drive, Ste. 201, San Bernardino, San Bernardino County, CA 92408
  17. 8651 Watson Road, St. Louis, St. Louis County, MO 63119
  18. 7200 Corporate Center Dr., Suite 200, Miami, Dade County, FL 33126
  19. 9955 S.E. Washington Street, #301, Portland, Multnomah County, OR 97216
  20. 1600 Heritage Landing, Suite 104, St. Charles, St. Charles County, MO 63303
  21. 2217 Princess Anne St., Ste. 322, Fredericksburg, (independent city), VA 22401
  22. 7031 Richmond Road, Williamsburg, (independent city), VA 23188
  23. 10116 36th Avenue Ct. SW, Suite 106, Lakewood, Pierce County, WA 98499
  24. 9725 Third Ave., NE, Suite 400, Seattle, King County, WA 98115
  25. 1901 Walmart Way, Midlothian, Chesterfield County, VA 23113
  26. 5509-B West Friendly Ave., Suite 104, Greensboro, Gilford County, NC 27410
  27. 6070 Six Forks Road, Suite D, Raleigh, Wake County, NC 27609
  28. 4800 SW Griffith Drive, Suite 102, Beaverton, Washington County, OR 97005
  29. 5050 Poplar Ave, Suite 1101, Memphis, Shelby County, TN 38157
  30. 137 Dean Drive, Suite 4, Clarksville, Montgomery County, TN 37040
  31. 314 East Highland Mall Blvd., Suite 104, Austin, Travis County, TX 78752
  32. 85 NE Loop 410, Suite 615, San Antonio, Bexar County, TX 78216
  33. 860 Greenbrier Circle, Ste. 303, Chesapeake, (independent city), VA 23320
  34. 4421 Stuart Andrew Blvd., Suite 303, Charlotte, Mecklenburg County, NC 28217
  35. 225 Franklin Street, 26th Fl, Suite 2672, Boston, Suffolk County, MA 02110
  36. 5794 Widewaters Parkway, Syracuse, Onondaga County, NY 13214
  37. 101 Main Street, Whitesboro, Oneida County, NY 13492
  38. 2 Computer Drive West, Albany, Albany County, NY 12205
  39. 215 Washington Street, Watertown, Jefferson County, NY 13601
  40. 75 College Avenue, Rochester, Monroe County, NY 14607
  41. 8000 Franklin Farms Drive, Richmond, VA 23229
  42. The Metro Center, 49 Court St., Binghamton, Broome County, NY 13901

In connection with the above, old licenses of ClearPoint were surrendered.


July 1, 2014 (CU-CRB)
COHOES CITY EMPLOYEES COMMUNITY CREDIT UNION
97 Mohawk Street, Cohoes, NY 12047

The “Plan of Charter Conversion,” dated as of December 18, 2013, together with the “Organization Certificate of Cohoes City Employees Community Credit Union,” were filed in the Office of the Superintendent of Financial Services, and an authorization certificate was issued in connection with the conversion of Cohoes City Employees Federal Credit Union from federal to State charter, pursuant to Section 486 of the Banking Law, under the name Cohoes City Employees Community Credit Union.  The conversion became effective as of 12:01 A.M. July 1, 2014.


July 1, 2014 (CU-CRB)
HUDSON RIVER COMMUNITY CREDIT UNION
312 Palmer Avenue, Corinth,  NY 12822
COHOES CITY EMPLOYEES COMMUNITY CREDIT UNION
97 Mohawk Street, Cohoes, NY 12047

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 601-b of the New York Banking Law, as of 12:01 A.M., July 1, 2014, a Merger Agreement, dated as of July 1, 2014, and other required documents, providing for the merger of Cohoes City Employees Community Credit Union with and into Hudson River Community Credit Union under the name Hudson River Community Credit Union.

The principal office of Cohoes City Employees Community Credit Union at 97 Mohawk Street, Cohoes, Albany County, New York, has been discontinued.


July 1, 2014 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Authorization issued to open and occupy a branch office at 271 Page Avenue, Borough of Staten Island, City of New York 10307, on or after July 2, 2014.


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

June 17, 2014 (MB-MBD)
Applicant(s)
William A. Newman
Laura Ann Nigro-Nieber
Michael P. Collins
Howard M. Nathan
Sean Rock Hinkle
Cole Taylor Bank
Taylor Capital Group, Inc.
As: Cole Taylor Mortgage, LLC
2350 Green Road, Suite 100, Ann Arbor, MI 48105 1588

June 25, 2014 (MB-MBD)
Applicant(s)
Olugbenga A. Fakuade
Nodine A. Aldridge
Jelil O. Onanuga
As: Mekeata Mortgage Company, LLC
510 Front Street, Hempstead, NY 11550 4445


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

June 30, 2014 (BR-MBD)
The Rudd Group, Ltd.
641 Lexington Avenue, 10th Floor, New York, NY 10022

July 02, 2014 (BR-MBD)
Seenarine Establishment Corp.
111-23 132nd Street, 2nd Floor, South Ozone Park, NY 11420

July 02, 2014 (BR-MBD)
Efficiency Funding LLC
3017 Beverly Road, Brooklyn, NY 11226


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

June 30, 2014 (BR-MBD)
Home Capital Mortgage Corp.
1200 Warburton Avenue, Suite 25, Yonkers, NY 10701 1067
Effective Date: June 03, 2014


Mortgage Broker Certificate Address Changes:

June 26, 2014 (BR-MBD)
Liberty Home Funding Inc.
From: Four South Main Street, Suite 2, Pittsford, NY 14534
To: 70 Office Park Way, Suite 2, Pittsford, NY 14534 1746

July 01, 2014 (BR-MBD)
LN Capital Corp.
From: 399 Knollwood Road, Suite 214, White Plains, NY 10603
To: 399 Knollwood Road, Suite 117, White Plains, NY 10603 1931


Mortgage Broker Branch Certificate Address Changes:

July 02, 2014 (BR-MBD)
MNS Mortgage LLC In Lieu of True Name Mortgage Network Solutions, LLC
From: 56 Main Street, Suite 3D, Flemington, NJ 08822
To: 60 Wilson Street, 2nd Floor, Lambertville, NJ 08530


The following 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.

June 30, 2014 (BR-MBD)
Liberty Home Funding Inc.
70 Office Park Way, Suite 2, Pittsford, NY 14534


The following registered mortgage broker has entered into a Settlement Agreement with the Department, in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Section 591-a(2) of Article 12-D of the New York Banking Law for operating an unauthorized branch office; Section 38.7(a)(2) of the General Regulations of the Superintendent for conducting business with an entity it knows or should know is an unregistered mortgage broker; Part 420 Section 420.18(a)(3)(v) of the Superintendent's Regulations for assigning a Mortgage Loan Originator to a location that was not licensed or registered by the Superintendent. The Settlement Agreement terms and conditions include a fine of $15,000.00.

June 26, 2014 (BR-MBD)
Canyon Mortgage Corp
2001 Marcus Avenue, Suite N-121, Lake Success, NY 11042


 

 

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