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New York State Department of Financial Services

Banking Division
Weekly Bulletin

August 8, 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

August 1, 2014 (TM-LFS)
IDT PAYMENT SERVICES OF NEW YORK
550 Broad Street, Newark, NJ 07102

Application for a license to engage in business as a transmitter of money, 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.


August 7, 2014 (MI-CRB)
PATHFINDER BANCORP, INC.
214 West First Street, Oswego, NY 13126

Application, pursuant to Section 143-b of the Banking Law, to acquire control of Pathfinder Bank, received.


August 7, 2014 (MI-CRB)
PATHFINDER BANCORP, INC.
214 West First Street, Oswego, NY 13126

Application, pursuant to Section 143-b of the Banking Law, to acquire control of Pathfinder Commercial Bank, received.


August 7, 2014 (CC-LFS)
10th AVENUE CHECK CASHING CORP.
644 10TH Avenue, New York, NY 10036

An application was received to change the location of doing business as a licensed casher of checks,
From:    644 10TH Avenue, New York, NY 10036

To:        666 10TH Avenue, New York, NY 10036
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 in writing, within 10 business days, by August 22, 2014.


August 8, 2014 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

An application was received for a license to engage in business as a licensed casher of checks at 31-88 21st Street, Long Island City, NY  11106.

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 22, 2014.


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

August 06, 2014 (MB-MBD)
Full Service Branch
E Mortgage Management LLC
2 Terri Lane, Suite #101, Burlington, NJ 08016

August 06, 2014 (MB-MBD)
Full Service Branch
Paragon Home Loans Inc.
7763 Turin Road, Room #2, Rome, NY 13440

August 06, 2014 (MB-MBD)
Full Service Branch
William Raveis Mortgage, LLC
126 E. 56th St., Tower 56, Suite 1510, Office A, New York, NY 10022


Application to establish a Mortgage Loan Servicer’s Branch received for examination:

August 06, 2014 (MLS-MBD)
Full Service Branch
Fay Servicing, LLC
4100 Midway Road, Suite 1025, Carrollton, TX  75007


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

August 05, 2014 (BR-MBD)
Applicant(s)
Peter Guido Muratore
To acquire interest in:
Silver Lining Funding Inc.
444 Route 111, Smithtown, NY 11787


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

February 18, 2014

1040809

Brian David Gressman

Troy

MI

February 19, 2014

589282

Woody Alan Haskins

Chalrotte

NC

February 26, 2014

1159196

Denitrice Brown

Moreno Valley

CA

March 6, 2014

209475

Jeremy  Knapp

East Brunswick

NJ

March 26, 2014

1160166

Anthony Nicolo

Staten Island

NY

April 2, 2014

1117575

Christy Ann Schweisthal

Mesa

AZ

April 3, 2014

1159509

Todd Michael Piechowski

Burton

MI

April 3, 2014

1102211

Cynthia Jean Robertson

Waterford

MI

April 29, 2014

1006891

Steven  Fried

Montgomery

NY

April 30, 2014

626312

Daniel M Khayutovsky

Brooklyn

NY

April 30, 2014

406332

Aminderpal Paul Singh

Carteret

NJ

May 1, 2014

951099

Roderic Deon Arrington

Southfield

MI

May 1, 2014

1076720

Alexander Benjamin Brooks

Bloomfield Hills

MI

May 1, 2014

1124488

Nicole Janae Howard

Columbia

MO

May 1, 2014

1077235

Catherine DiMarsico

Massepequa Park

NY

June 5, 2014

65832

David Thomas Abernethy

Plattsburgh

NY

June 7, 2014

113272

Richard Alan Hogle

Plano

TX

June 9, 2014

1146395

Stuart  Michaels

Bellmore

NY

June 26, 2014

980521

Gregory Alexander Woods

Sacramento

CA

June 26, 2014

442585

John Frederick Dziedzic

Victor

NY

July 14, 2014

1105763

Robert William Joiner

The Colony

TX

July 14, 2014

37140

Sara Marie Fitzpatrick

Costa Mesa

CA

July 14, 2014

91963

Kenneth Joseph Connolly

Bayshore

NY

July 15, 2014

37412

Jeffrey Lee Evans

Irvine

CA

July 15, 2014

391261

Thomas Guy Smith

Long Beach

CA

July 15, 2014

887037

Jesse Lee Schwager

Quakertown

PA

July 15, 2014

704436

Denise  Lott

Monmouth Beach

NJ

July 15, 2014

833630

Michael Lee Merritt

Chandler

AZ

July 16, 2014

1116049

Erin Camille Carter

Columbia

MO

July 16, 2014

1195251

Nader Daw Alwerfalli

Dearborn

MI

July 16, 2014

987651

Lesley Ann De Garston

Irvine

CA

July 16, 2014

1087048

Celeste Marie Gonzales

West Bloomfield

MI

July 16, 2014

27951

Kevin Sean Byrum

Clinton Twp

MI

July 16, 2014

938374

Thomas Jalal Nannoshi

Detroit

MI

July 16, 2014

86630

David Vinh Tran

Irvine

CA

July 17, 2014

40123

Randy  Ramos

Irvine

CA

July 17, 2014

1208968

Christine Nia Yokoyama

Placentia

CA

July 17, 2014

114719

Franklin Duane Park

Irvine

CA

July 17, 2014

1208972

Daniel Becker Baer

Huntington Beach

CA

July 17, 2014

5223

Thomas Nicholas Ricevuto

Sicklerville

NJ

July 17, 2014

56231

Thao Ngoc Nguyen

Irvine

CA

July 17, 2014

500246

Michael Joseph Sanwald

Yardley

PA

July 17, 2014

1208970

Timothy Shawn Duffy

Newport Beach

CA

July 17, 2014

963424

Pedro Miguel Abascal

Santa Ana

CA

July 23, 2014

96966

Kelli Varner Yarbrough

Monroe

NC

August 4, 2014

57793

Noah Mann

Oceanside

NY


SECTION II

July 14, 2014 (CC-LFS)
OLIVER C. GLASS, JR. D/B/A OLIVER C. GLASS, JR. CHECK CASHING
539 Lenox Avenue, New York, NY 10037

License to engage in business as casher of checks at 539 Lenox Avenue, New York, NY 10037 was surrendered.


July 15, 2014 (BP-LFS)
GREENPATH, INC. D/B/A GREENPATH DEBT SOLUTIONS
36500 Corporate Drive, Farmington Hills, MI  48331

License to engage in business as a budget planner at the following locations were surrendered.

  1. 511 Fort Street, Suite 535, Port Huron, St. Clair County, MI 48060
  2. 61 Locust Street, Suite 321, Dover, Strafford County, NH 03820

July 21, 2014 (TM-LFS)
KEEFE COMMISSARY NETWORK, LLC U/A/N ACCESS CORRECTIONS
10880 Linpage Place, St. Louis, MO 63132

License issued to engage in business as a money transmitter company. 


July 30, 2014 (BP-LFS)
GREENPATH, INC. D/B/A GREENPATH DEBT SOLUTIONS
36500 Corporate Drive, Farmington Hills, MI  48331

License to engage in business as a budget planner at 211 West Ganson Street, Jackson, Jackson County, MI 49201 was surrendered.


August 1, 2014 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Authorization issued to open and occupy a branch office at 300 Spindrift Drive, Town of Amherst, Erie County, NY 14221 for the limited purpose of conducting lending activities, on or after August 2, 2014.


August 1, 2014 (MI-CRB)
FIRST REPUBLIC BANK
111 Pine Street, San Francisco, CA 94111

Applicant notified in writing that no objection will be interposed to the establishment of a trust office pursuant to the provisions of Section 131(4) of the Banking Law at 1001 Franklin Avenue, Garden City, Nassau County, NY 11530.


August 4, 2014 (SB-CRB)
ULSTER SAVINGS BANK
280 Wall Street, Kingston, NY 12401

Approval given to change the location of branch office from 1315 Route 9, Town of Wappinger, Dutchess County, NY 12590 to 1379 Route 9, Town of Wappinger, Dutchess County, NY 12590, on or after August 5, 2014.


August 6, 2014 (TR-CRB)
SUFFOLK TRUST COMPANY
3880 Veterans Memorial Highway, Bohemia, NY 11716

Authorization Certificate issued.

Capital Stock      $166,667 (to be increased to $1,666,667)
Capital Surplus   $333,334 (to be increased to $3,333,334)


August 7, 2014 (CB-CRB)
PATHFINDER BANK
214 West First Street, Oswego, NY 13126

The Superintendent’s approval in principle of the “Certificate of Amendment of the Organization Certificate of Pathfinder Bank under Section 8005 of the Banking Law” was granted.

The amendment would, establish and maintain, a liquidation account for the benefit of its deposit account holders as of March 31, 2013 and June 30, 2014; and amend the language in Section 8 of the Organization Certificate to prohibit any person other than Pathfinder Bancorp, Inc., from acquiring beneficial ownership of 10% or more of any class of equity security of the Bank for a period of three years following the conversion.


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

July 31, 2014 (MB-MBD)
Impac Mortgage Corp. D/B/A Excel Mortgage
19500 Jamboree Road, Irvine, CA 92612 2401


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

August 04, 2014(MLS-MBD)
Full Service Branch
Green Tree Servicing, LLC
2000 Center Point Drive, Suite 2375, Columbia, SC  29210


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

August 01, 2014 (BR-MBD)
AmerReverse Mortgage Corporation
1123 Old Town Road, Coram, NY 11727 3730
Effective Date: July 22, 2014

August 05, 2014 (BR-MBD)
Grand Metro Services Inc.
5 Division Street, 2nd Floor, New York, NY 10002
Effective Date: July 29, 2014

August 06, 2014 (BR-MBD)
Dermer Management Inc.
10 East 40th Street-45th Floor, New York, NY 10016
Effective Date: August 04, 2014

August 06, 2014 (BR-MBD)
Josephine Baynes DBA State Mortgage
301 Monroe Avenue, West Islip, NY 11795
Effective Date: July 30, 2014

August 06, 2014 (BR-MBD)
F & P Business Center, Inc.
4915 Broadway, New York, NY 10034
Effective Date: July 29, 2014

August 06, 2014 (BR-MBD)
American Residential Mortgage, Inc.
3 Winners Circle, Suite 304, Albany, NY 12205 1161
Effective Date: August 04, 2014


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

August 05, 2014 (MB-MBD)
Full Service Branch
FFC Mortgage Corp.
100-02 101st Avenue, Suite LL-5, Ozone Park, NY 11416
Effective Date: August 01, 2014

August 06, 2014 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
725 River Road, Suite 107A, Edgewater, NJ 07020
Effective Date: July 30, 2014

August 06, 2014 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
115 Eileen Way, Suite 103, Syosset, NY 11791
Effective Date: July 30, 2014

August 06, 2014 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
1450 Ericson Place, Suite 1, Bronx, NY 10461
Effective Date: July 30, 2014

August 06, 2014 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
819 McLean Avenue, Yonkers, NY 10704
Effective Date: July 30, 2014


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

August 01, 2014 (BR-MBD)
Mortgage One, Inc.
35 West Lemon Street, Tarpon Springs, FL 34689 3621
Branch Offices:
One Huntington Quadrangle, Suite 2C15, Melville, NY 11747

August 01, 2014 (BR-MBD)
DMN Mortgage Corp.
960 Jericho Turnpike, St. James, NY 11780 3219

August 01, 2014 (BR-MBD)
Flash Funding, LLC
5018 16th Avenue, Suite 201, Brooklyn, NY 11204 1404

August 01, 2014 (BR-MBD)
Regency Fund One, Ltd.
One International Boulevard, Suite 1203, Mahwah, NJ 07495 0022

August 01, 2014 (BR-MBD)
Powan K. Singh D/B/A P K Associates
1216 Liberty Avenue, Brooklyn, NY 11208

August 01, 2014 (BR-MBD)
Crown Mortgage Services In Lieu of True Name Crown Financial Services, Inc.
707 Arnold Avenue, Suite E, Point Pleasant Beach, NJ 08742 2573

August 06, 2014 (BR-MBD)
Salvatore Joseph Perrello DBA Enterprise Capital Funding
8665 Sheridan Drive, Williamsville, NY 14221 6315


Mortgage Banker License Address Changes:

July 31, 2014 (MB-MBD)
RoundPoint Mortgage Company
From: 8 Parkway Plaza, 5032 Parkway Plaza Blvd., #200, Charlotte, NC 28217
To: 5032 Parkway Plaza Boulevard, Suite 100, Charlotte, NC 28217 1934


Mortgage Banker Branch License Address Changes:

August 04, 2014 (MB-MBD)
Caliber Home Loans, Inc.
From: 4000 Route 66, Suite 344, Tinton Falls, NJ 07753
To: 1040 Broad Street, Suite 201, Shrewsbury, NJ 07702

August 05, 2014 (MB-MBD)
PHH Mortgage Corporation D/B/A PHH Mortgage Services
Additional DBA(S): Instamortgage.com
Mortgagesave.com
Coldwell Banker Mortgage
ERA Mortgage
Century21 Mortgage
Domain Distinctive Property Finance
From: 2333 Waukegan Road, Suites 200 & 300, Bannockburn, IL 60015
To: 2333 Waukegan Road, Suite 300, Bannockburn, IL 60015

August 06, 2014 (MB-MBD)
Homestead Funding Corp.
From: 210 Court Street, Watertown, NY 13601
To: 21101 NYS Route 12F, Suite 2, Watertown, NY 13601

August 06, 2014 (MB-MBD)
Ark Mortgage, Inc.
From: 300 Main Street, Suite 2A, Lakewood, NJ 08701
To: 317 Monmouth Avenue, Suite 209, Lakewood, NJ 08701


 

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