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New York State Department of Financial Services

Weekly Banking Bulletin

December 12, 2014

SECTION I

This section records the receipt of banking-related applications and notices to 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 ISSUED BY THE DEPARTMENT.

SECTION II

This section records actions taken by the Superintendent of Financial Services, and other information concerning banking-related activities 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 below 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

BKBankMBMortgage Banker
BPBudget PlannerBRMortgage Broker
CCCheck CasherMLSMortgage Servicer
CUCredit UnionPFPremium Finance Agency
FAForeign AgencyPBPrivate Banker
FBForeign BranchSDSafe Deposit Company
FRForeign Representative OfficeSFSales Finance Agency
HCHolding CompanySLSavings and Loan Association
ICInvestment CompanySBSavings Bank
LLLicensed LenderTMTransmitter of Money
MKMerchant BankTRTrust Company
MIMiscellaneous

Regulatory Unit Codes

CRBCommunity and Regional Banks
CSDConsumer Services
FWBForeign and Wholesale Banks
LFSLicensed Financial Services
MBDMortgage Banking

SECTION I

December 1, 2014 (SB-CRB)
ELMIRA SAVINGS BANK
333 East Water Street, Elmira, NY 14901

Application dated November 25, 2014, for permission to open and occupy a branch office at 714 North Franklin Street, Watkins Glen, Schuyler County, New York 14891, received.


December 1, 2014 (TR-CRB)
FLUSHING BANK
144-51 Northern Boulevard, Flushing, NY 11354

Application dated November 13, 2014, for permission to open and occupy a branch office at 99 Park Avenue, Borough of Manhattan, City of New York 10016, received.


December 2, 2014 (TR-CRB)
TOMPKINS TRUST COMPANY
110 North Tioga Street, Ithaca, NY 14850

Notice of intention to close branch office at 903 Hanshaw Road, Cayuga Heights, Tompkins County, NY 14850, received.

The comment period on this notice will expire January 12, 2015.


December 4, 2014 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Application dated November 28, 2014 for permission to change the location of branch office for the limited purpose of conducting lending activities from 120 Broadway (16th Floor), Borough of Manhattan, City of New York 10271 to 85 Broad Street (10th Floor), Borough of Manhattan, City of New York 10004, received.


December 5, 2014 (TM-LFS)
CONTINENTAL EXCHANGE SOLUTIONS, INC. D/B/A RIA FINANCIAL SERVICES D/B/A ASSOCIATED FOREIGN EXCHANGE
6565 Knott Avenue, Buena Park, CA 90620

Notification received for a name change from Continental Exchange Solutions, Inc. D/B/A RIA Financial Services D/B/A Associated Foreign Exchange to Continental Exchange Solutions, Inc. D/B/A RIA Financial Services D/B/A AFEX Money Express.

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.


December 9, 2014 (BP-LFS)
GREENPATH, INC., D/B/A GREENPATH DEBT SOLUTIONS
36500 Corporate Drive, Farmington Hills, Oakland County, MI 48331

Application was received for a license to operate a budget planner branch office at the following locations:

  1. 338 Corder Road, Suite B, Warner Robins, Houston County, GA 31088
  2. 901Washington Avenue, Macon, Bibb County, GA 31201
  3. 1226 Augusta West Parkway, Augusta, Richmond County, GA 30909

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


December 10, 2014 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Application dated December 4, 2014, for permission to change the location of branch office from 4168 Union Road, Cheektowaga, Erie County, New York 14225 to 4237 Union Road, Cheektowaga, Erie County, New York 14225, received.

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 1, 2014

823412

Sang Jin Kim

Glenside, PA

July 23, 2014

280741

Paul A Quinn

Bellport, NY

July 29, 2014

865477

Eric P Declercq

New York, NY

August 29, 2014

1211622

Emarie May Bees

Lakewood, OH

August 29, 2014

1211652

Michael Gerard Gunn

Cleveland, OH

September 2, 2014

872476

Joanne Argue Frers

Columbia, MO

September 3, 2014

1127710

Matthew David Klein

bayside, NY

September 11, 2014

249004

Michael Albert Quiroz

Oakdale, NY

October 3, 2014

199556

Marco Chavez

Bayside, NY

October 29, 2014

1228393

Brock Adam Bates

Detroit, MI

November 4, 2014

216018

Ronald Leslie Weingrad

Yardley, PA

November 4, 2014

1199523

Dalila Darsey Namy

New Rochelle, NY

November 4, 2014

65107

Maria L Kolba

Endwell, NY

November 4, 2014

220501

Kai Jones

Mount Laurel, NJ

November 5, 2014

147131

Michael Joseph Weindel

Sicklerville, NJ

November 5, 2014

7136

David Jud Goodstadt

Cherry Hill, NJ


SECTION II

December 5, 2014 (CC-LFS)
NY COMMUNITY  FINANCIAL, LLC  U/A/N  THE CHECK CASHING PLACE  U/A/N  CFSC  U/A/N COMMUNITY FINANCIAL SERVICE CENTER
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

Licenses were issued for a name change of a casher of checks to NY Community Financial, LLC    U/A/N The Check Cashing Place U/A/N CFSC U/A/N Community Financial Service Center from NY Community Financial, LLC U/A/N The Check Cashing Place.

In connection with the above license issuances, the original check casher licenses were surrendered.


December 9, 2014 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization issued February 14, 2012, granting permission to open and occupy a branch office at Caesar Rodney High School, 239 Old North Road, Camden, Kent County, DE 19934, surrendered for cancellation.

This office was never operational.


December 11, 2014 (BK-CRB)
RIVERSIDE BANK
11 Garden Street, Poughkeepsie, New York 12601

Riverside Bank, NY, was merged with and into Salisbury Bank and Trust Company, Connecticut effective December 5, 2014.   


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

December 08, 2014 (MLS-MBD)
Full Service Branch
LoanCare, LLC
601 Riverside Avenue, Building 5, 3rd Floor, Jacksonville, FL  32204

December 08, 2014 (MLS-MBD)
Full Service Branch
Round Point Mortgage Servicing Corporation
17304 Preston Road, Suite 1290, Dallas, TX  75252


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

December 09, 2014 (MB-MBD)
Full Service Branch
1st Priority Mortgage, Inc.
5110 W. Genesee Street, Camillus, NY 13031
Effective Date: December 08, 2014


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

December 10, 2014 (BR-MBD)
Wasserman Realty Service LLC
1603 McDonald Avenue, Brooklyn, NY 11230
Effective Date: December 03, 2014


Mortgage Loan Servicer’s Branch certificate surrendered:

December 05, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
526 Superior Avenue East, Suite 320, Cleveland, OH  44114


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

December 05, 2014 (BR-MBD)
The Rudd Group, Ltd.
641 Lexington Avenue, 10th Floor, New York, NY 10022


Mortgage Banker License Address Changes:

December 05, 2014 (MB-MBD)
E Mortgage Management LLC
From: 222 Haddon Avenue, Suite 2-A, Haddon Township, NJ 08108
To: 3 Executive Campus, Suite 520, Cherry Hill, NJ 08002 4113


Mortgage Banker Branch License Address Changes:

December 05, 2014 (MB-MBD)
Discover Home Loans, Inc.
From: 9721 Ormsby Station Road, Suite 150, Louisville, KY 40223
To: 9721 Ormsby Station Road, Suite 107, Louisville, KY 40223


The following Licensed Mortgage Banker has entered into a Settlement Agreement on November 18, 2014 with the Department, in lieu of a hearing for a fine and/or revocation of its mortgage banker license to settle violations of  Article 12-D Section 591(3) of the New York Banking Law for operating branch offices without authorization from the Superintendent.  The Settlement Agreement terms and conditions include a fine of $6,000.

December 04, 2014 (MB-MBD)
Advisors Mortgage Group, L.L.C.
1411 Highway 35, Ocean, NJ 07712


Applications for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

Date of Application

Date Application Withdrawn

NMLS ID

Name of Applicant

City & State of Residence

January 15, 2014

May 9, 2014

110781

Anna  Bondarenko

Forest Hills

NY


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

December 2, 2014

1076575

Brian Charles Fowler

Detroit

MI

Quicken Loans Inc.

December 2, 2014

1203441

Ali Hassan Younes

Dearborn

MI

Quicken Loans Inc.

December 2, 2014

1067423

Francesco  Greco Jr.

Millersville

MD

New Day Financial, LLC

December 2, 2014

1203332

Rafael  Montano

Wolverine Lake

MI

Quicken Loans Inc.

December 2, 2014

52535

Michael A Greenlick

Manhasset

NY

Interstate Home Loan Center, Inc

December 2, 2014

1203614

Todd Donald Wagner

Rochester

MI

Quicken Loans Inc.

December 2, 2014

36160

Mark  Lazar

Leonia

NJ

Great Northern Mortgage Corp.

December 8, 2014

680419

Joseph David Sorce

Lewiston

NY

1st Priority Mortgage, Inc.

 

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