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New York State Department of Financial Services

Weekly Banking Bulletin

January 09, 2015

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

An application was received for a licensed Budget Planner branch relocation

From:    1912 Capital Avenue, Suite 320, Cheyenne, Laramie County, WY 82001

To:        2232 Dell Range Blvd., Suite 316, Cheyenne, Laramie County, WY 82009

The application of receipt of the notification 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 26, 2014 (SB-CRB)
ULSTER SAVINGS BANK
280 Wall Street, Kingston, NY 12401

Bulletin item dated December 17, 2014, which appeared in the Weekly Bulletin dated December 19, 2014, advising of the receipt of an application for permission to change the location of branch office from 1299 Route 300, Town of Newburgh, Orange County, New York 12550 to 1208 Route 300, Town of Newburgh, Orange County, New York 12550, is corrected to read as follows:

Application dated December 15, 2014, for permission to change the location of branch office from 1229 Route 300, Town of Newburgh, Orange County, New York 12550 to 1208 Route 300, Town of Newburgh, Orange County, New York 12550, received.


January 6, 2015 (CC-LFS)
257 SHERIDAN BLVD. CORP., D/B/A INWOOD SERVICES, U/A/N BALDWIN EXPRESS
1747 Grand Avenue, Baldwin, NY 11510 

Applications were received for a limited station casher of checks at the following locations:

  1. Alle Processing Corp., 56-20 59th Street, Maspeth, NY 11378;
  2. Gracious Home, LLC, 30-30 60th Street, Woodside, NY 11377;
  3. New York Community Hospital, 2525 Kings Highway, Brooklyn, NY 11229;
  4. Georgetown News Owners Corp., 69-17 150th Street, Flushing, NY 11367;
  5. Brooklyn Queens Nursing Home, Inc., 2749 Linden Blvd., Brooklyn, NY 11208;
  6. Design Center, Inc., 5-46 46th Avenue, Long Island City, NY 11101;
  7. M & N Grocers, Inc., 37-27 74th Street, Jackson Heights, NY 11372;
  8. National Van Equipment Co., Inc., 38-20 Review Ave., Long Island City, NY 11101;
  9. Raja Foods Frozen & Vegetables, 55-78 56th Street, Maspeth, NY 11378;
  10. Fauna Foods Corporation, 50-10 Kneeland Street, Elmhurst, NY 11373;
  11. Railex Corporation, 89-02 Atlantic Avenue, Ozone Park, NY 11416;

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.

Any public response is to be given within ten business days, by January 23, 2015.


January 7, 2015 (BP-LFS)
DEBT MANAGEMENT CREDIT COUNSELING
3310 N. Federal Highway Lighthouse Point, Pompano Beach, Broward County, FL 33064

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

152 Waverly Avenue, Patchogue, Suffolk County, NY 11772

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.

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

November 6, 2014

1228646

Christopher Anthony Tortorella

Wantagh, NY

January 6, 2015

19907

John Louis DiNuzzo

Loudonville, NY


SECTION II

September 16, 2014 (CC-LFS)
CEBCO CHECK CASHER CORP.
369 Palmetto Street, Brooklyn, NY 11237

Effective September 16, 2014, license to engage in business as casher of checks was surrendered for the following limited station locations:

  • UPR Care Corp. U/A/N Cold Spring Hills Center for Nursing & Rehabilitation, 378 Syosset - Woodbury Road, Woodbury, New York 11797
  • North Shore Bottling Company, 1900 Linden Boulevard, Brooklyn, New York 11207
  • The Waldorf Astoria, 301 Park Avenue, New York, NY 10022

December 29, 2014 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Approval given 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, on or after December 30, 2014.


December 30, 2014 (BK-CRB)
HANOVER COMMUNITY BANK
2131 Jericho Turnpike Garden City Park, NY 11040

The Superintendent of Banks has terminated the May 14, 2012 Amended Consent Order imposed on Hanover Community Bank, effective December 11, 2014.


December 30, 2014 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Approval given 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, on or after December 31, 2010.


December 30, 2014 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Approval given 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, on or after December 31, 2014.


December 31, 2014 (CC- LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd., Corona, NY 11368

Licenses were issued in conjunction with an asset purchase agreement consummated with CashZone Financial Services, Inc. at the following locations:

  1. 37 West 43rd Street, New York, NY 10036
  2. 416 East 149th Street, New York, NY 10455
  3. 140 West 55th Street, New York, NY 10019
  4. 365 7TH Avenue, New York, NY 10001
  5. 140 West 36 Street, New York, NY 10018
  6. 40 East 33rd Street, New York, NY 10016

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


January 2, 2015 (SB-CRB)
ELMIRA SAVINGS BANK
333 East Water Street, Elmira, NY 14901

Authorization issued to open and occupy a branch office at 712 North Franklin Street, Watkins Glen, Schuyler County, New York 14891, on or after January 3, 2015.


January 6, 2015 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Verified Certificate to Continue Business as Private Bankers, filed for examination.

(These Private Bankers are already under the supervision of the Department.  New Certificate submitted by reason of the proposed admission to the firm of Jean-Marc Crepin, Michael R. Keller, and Jean-Pierre Paquin as General Partners/Class 1 Limited Partners, and the proposed conversion of Timothy J. Connelly, Kristen F. Giarrusso, John P. Molner, and Donald B. Murphy from General Partners/Class 1 Limited Partners to Class 2 Limited Partners.)


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

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
1 Post Road, 3rd Floor, Fairfield, CT 06825

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
135 West 50th Street, 18th Floor, New York, NY 10022

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
14 Commerce Drive, 4th Floor, Cranford, NJ 07016

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
1433 Highway 34, Unit A-2, Wall Township, NJ 07719

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
155 Passaic Avenue, 3rd Floor, Fairfield, NJ 07004

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
697 Lorimer Street, Brooklyn, NY 11211

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
200 Garden City Plaza, Suite #210, Garden City, NY 11530

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
215 Nassau Street, 1st Floor, Princeton, NJ 08540

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
29 Locust Avenue, Suite #101, Rye, NY 10580

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
67 Hollyhill Lane, Suite #201, Greenwich, CT 06831

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
671 Tremont Street, Boston, MA 02118

January 05, 2015 (MB-MBD)
Full Service Branch
loanDepot.com, LLC D/B/A LDWholesale
51 Mill Street, Building D, Suite #103, Hanover, MA 02339


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

January 07, 2015 (BR-MBD)
William J Garthe DBA Reliance Mortgage
359 Lake Avenue, St. James, NY 11780
Effective Date: December 31, 2014

January 07, 2015 (BR-MBD)
The Velenovsky Group LLC
605 Park Avenue, West Hempstead, NY 11552 3711
Effective Date: December 31, 2014


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

January 07, 2015 (MB-MBD)
Full Service Branch
Mortgage Master, Inc.
520 White Plains Road, Tarrytown, NY 10591
Effective Date: December 17, 2014


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

January 06, 2015 (BR-MBD)
BMC Productions Mortgage Co.
424 Webster Avenue, New Rochelle, NY 10801 3224


Mortgage Banker Branch License Address Changes:

January 05, 2015 (MB-MBD)
Homestead Funding Corp.
From: 653 Plank Road, Suite 2, Clifton Park, NY 12065
To: The Shops at Halfmoon, 1707 Route 9, Suite 200, Clifton Park, NY 12065


 

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