Skip to Content

New York State Department of Financial Services

Weekly Banking Bulletin

April 10, 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

March 27, 2015 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY  11385

Application dated March 25, 2015, for permission to open and occupy a branch office at Dominican Village, 565 Albany Avenue, Amityville, Suffolk County, New York 11701, received.

(This location is to be serviced by a mobile branch facility on a periodic basis.)


March 31, 2015 (CC-LFS)
PAY-O-MATIC CHECK CASHING CORP.
160 Oak Drive, Syosset, NY 11791

Applications were received for the following branch office relocation to:

  1. 303 East Houston Street, New York, NY 10002 from 250 East Houston Street, New York, NY 10002; and
  2. 582 5th Avenue, Brooklyn, NY 11232 from 581 4th Avenue, Brooklyn, NY 11215

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 comments or objections should be submitted in writing, within ten business days, by April 17, 2015.


April 6, 2015 (FR-FWB)
UNIONE DI BANCHE ITALIANE S.C.P.A
Piazza Vittorio Veneto, 8, 24122 Bergamo, Italy

Application, pursuant to Section 221-c of the Banking Law, to establish and maintain a representative office at 501 Madison Avenue, Borough of Manhattan, City of New York 10022, received.


April 7, 2015 (SF-LFS)
PORSCHE FINANCIAL SERVICES, INC. D/B/A BENTLEY FINANCIAL SERVICES D/B/A LAMBORGHINI FINANCIAL SERVICES D/B/A BUGATTI FINANCIAL SERVICES
980 Hammond Drive NE, Suite 500, Atlanta, GA 30328-8187

Notification received for a change of head office location from 980 Hammond Drive NE, Suite 500, Atlanta, GA 30328-8187 to One Porsche Drive, Atlanta, Fulton County, GA 30354.

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


April 7, 2015 (SF-LFS)
PORSCHE FUNDING LIMITED PARTNERSHIP
980 Hammond Drive NE, Suite 500, Atlanta, GA 30328-8187

Notification received for a change of head office location from 980 Hammond Drive NE, Suite 500, Atlanta, GA 30328-8187 to One Porsche Drive, Atlanta, Fulton County, GA 30354.

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


April 9, 2015 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Application dated April 6, 2015, for permission to open and occupy a branch office at 103-42 Lefferts Boulevard, Richmond Hill, Borough of Queens, City of New York 11419, received.


April 9, 2015 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Application dated April 6, 2015, for permission to open and occupy a branch office at 58-23 Myrtle Avenue, Borough of Queens, City of New York 11385, received.


April 10, 2015 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
40-35 Junction Blvd., Corona, NY  11368

An application was received to relocate a licensed casher of checks to 1008 Flatbush Avenue, Brooklyn, NY  11226 from 1154 Flatbush Avenue, Brooklyn, NY  11226.

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 April 24, 2015.


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

April 08, 2015 (MB-MBD)
Full Service Branch
Luxury Mortgage Corp.
150 East Palmetto Park Road, Suite #450, Boca Raton, FL 33432

April 08, 2015 (MB-MBD)
Full Service Branch
Atlantic Home Loans, Inc.
52 North Plank Road, Suite #1, Newburgh, NY 12550

April 08, 2015 (MB-MBD)
Full Service Branch
Nationstar Mortgage LLC D/B/A Champion Mortgage Company
2501 South Price Road, Suite #105, Chandler, AZ 85286

April 08, 2015 (MB-MBD)
Full Service Branch
Mid-Island Mortgage Corp.
9201 Flatlands Avenue, Suite #8, Brooklyn, NY 11236

April 08, 2015 (MB-MBD)
Full Service Branch
Maverick Funding Corp.
300 Martine Avenue, Suite #2C2, White Plains, NY 10603

April 08, 2015 (MB-MBD)
Full Service Branch
Devere Mortgage Corporation D/B/A Hunt Mortgage
1110 Union Road, West Seneca, NY 14224

April 08, 2015 (MB-MBD)
Full Service Branch
Devere Mortgage Corporation D/B/A Hunt Mortgage
477 South Transit Road, Suite #900, Lockport, NY 14094

April 08, 2015 (MB-MBD)
Full Service Branch
Devere Mortgage Corporation D/B/A Hunt Mortgage
1365 New Scotland Road, Suite #1B, Slingerlands, NY 12159

April 08, 2015 (MB-MBD)
Full Service Branch
Prospect Lending, LLC In Lieu of True Name Prospect Mortgage, LLC
55 Corporate Drive, Suite #115, Trumbull, CT 06611


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 7, 2014

223886

Viral Mistry

South River, NJ

December 2, 2014

67553

Eusebia C Herrera

Parkland, FL

December 10, 2014

1117594

Marcus Joseph-Allan Stiller

Center Line, MI

December 19, 2014

221802

Ronald C Minunni

Bayonne, NJ

December 29, 2014

19844

Robert Slifer

Spring Lake, NJ

January 28, 2015

1128315

Lauren Elizabeth Agnesini

Long Beach, NY

February 6, 2015

901410

Loren A Brady

Schenectady, NY

February 6, 2015

1125649

Sheila Eileen King

North Wales, PA

February 9, 2015

1263558

thomas joseph bongiorno

Staten Island, NY

February 9, 2015

380168

Melissa Manikas

Springfield Center, NY

February 12, 2015

157588

Timothy Patrick Caffrey

Brentwood, NY

February 12, 2015

397522

Frank Chihai Yu

Flushing, NY

February 19, 2015

150898

Brian Kordell

Whippany, NJ

February 26, 2015

7247

Timothy Krichbaum

Medina, OH

February 27, 2015

1023663

Ali Hassan Mahfouz

Lincoln Park, MI

March 4, 2015

867096

Jason Scott Blee

Massapequa, NY

March 10, 2015

1098009

Audrey Bennett

Yonkers, NY

March 15, 2015

1273368

Paul Burnett Grissom

New York, NY

March 16, 2015

43151

Nicholas Ashley Hermann

Columbia, MO

March 16, 2015

739923

Bonnie Jean Reyes

Carrollton, TX

March 16, 2015

1195051

James Louis Milne

Detroit, MI

March 16, 2015

1273928

Abigail Louise Bulmer

Plymouth, MI

March 16, 2015

1273411

Kevin Duffy Gaden

Livonia, MI

March 16, 2015

1273433

Kristopher Robert Hobbins

Livonia, MI

March 16, 2015

1177930

Ali Afif Hashem

Dearborn Heights, MI

March 16, 2015

1194798

Alexander David Dobrovich

Dearborn Heights, MI

March 16, 2015

1203223

Richard Alan Bechard

Dearborn, MI

March 16, 2015

1168773

Steven David Betel

Ferndale, MI

March 16, 2015

1168840

Allison Rae DeMott

Detroit, MI

March 16, 2015

1273383

Stephen Daniel Coughlin

Davisburg, MI

March 17, 2015

1273669

Edmund Kyle Wilson

Detroit, MI

March 17, 2015

1262809

Mehdi Maan Tlais

Dearborn, MI

March 17, 2015

1211890

Nicole Shantae Barnes

Troy, MI

March 17, 2015

1186582

James Michael Kleiner

Harrison Township, MI

March 17, 2015

1195045

Patrick Chua McAuliffe

Detroit, MI

March 17, 2015

1195013

Shane Edward Kavanaugh

South Lyon, MI

March 17, 2015

1237668

Booker Gompah

Williamsville, NY

March 17, 2015

408635

Matthew Fiorillo

Newtown, CT

March 17, 2015

1275152

Mitchell Devonne Small

Detroit, MI

March 17, 2015

1211888

Mohamed Fouad Barakat

Dearborn heights, MI

March 17, 2015

1050398

Nicholas Andrew Howley

Oceanside, NY

March 17, 2015

1117590

Aston David Sokolnicki

St Clair Shores, MI

March 17, 2015

1273603

Gabrielle Mattea Ragona Rome

Royal Oak, MI

March 17, 2015

484917

Michael F. Plata

Bayside, NY

March 17, 2015

1212085

Seth Elden Robinette

Auburn HIlls, MI

March 17, 2015

1203400

Dylan Anthony Spicher

Plymouth, MI

March 17, 2015

1195217

Brett Lee Vonberg

Madison Heights, MI

March 17, 2015

1194803

Dominique Nicole Escoe

Detroit, MI

March 17, 2015

1220126

Seth Paul Hill-Kennedy

Detroit, MI

March 17, 2015

1211906

Jeffrey Scott Chew

Clinton Township, MI

March 17, 2015

3464

Anthony Scopelliti

Werst harrison, NY

March 17, 2015

1273932

Zara Georgia Northover

Detroit, MI

March 17, 2015

1273505

Christina Belen Muscat

Garden City, MI

March 17, 2015

112134

Marco Antonio Pimentel

Edgewater, NJ

March 20, 2015

1298445

Dewayne Allen Cumbo

Jacksonville, FL

March 23, 2015

255102

John Joseph Coniglio

Oceanside, CA

March 24, 2015

1117695

Linda Sally Cardella

Detroit, MI

March 24, 2015

60893

Geraldine Watters

Greenwood, IN

March 24, 2015

957509

Grace Gloria Arthurs-Hinds

Deerfield Beach, FL

March 24, 2015

262447

Cristovao Correia

Union, NJ

March 24, 2015

1077436

Monica Nicole Butista Banks Bennett

Willingboro, NJ

March 24, 2015

1203402

Quintin Desmond Sweat Jr.

Detroit, MI

March 24, 2015

1186676

Martina Vegel Davidson

Detroit, MI

March 24, 2015

1212011

Nathan Zachary King

Howell, MI

March 24, 2015

1212106

Clarissa Lynn Tavernier

Harrison Township, MI

March 24, 2015

462958

Daryn Tedric Gardner

Jacksonville, FL

March 26, 2015

1296141

Larry Clanton Williams III

Westland, MI

March 26, 2015

1282283

Douglas Frank Boussie

Clinton Twp., MI

March 26, 2015

1037853

David Scott Upell

Roseville, MI

March 26, 2015

1282294

Christopher William Weaver

Detroit, MI

March 26, 2015

1282292

Nicole Alexandria Stenhouse

Roseville, MI

March 26, 2015

1282285

James Edwin Ellis

Trenton, MI

March 26, 2015

1178188

Robert Thomas Cameron

Northville, MI

March 28, 2015

1179943

Holly Lynn Havens

Pittsburgh, PA

March 30, 2015

420643

Daniel Joseph Moschetti

New City, NY

March 30, 2015

424181

James Burton Burritt

San Clemente, CA

March 30, 2015

852162

Martin Antonio Gibbons

Harrison Township, MI

March 30, 2015

71946

Patrick William Vertucci

Mount Sinai, NY


SECTION II

March 31, 2015 (PF-LFS)
SKIPJACK PREMIUM FINANCE COMPANY
10150 York Road, Hunt Valley, MD  21030

License to engage in business as a premium finance company was issued.


April 2, 2015 (TR-CRB)
Tompkins Trust Company
110 North Tioga Street, Ithaca, NY 14850

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 at 903 Hanshaw Road, Cayuga Heights, Tompkins County, New York 14850, will not result in a significant reduction of banking services in the community to be affected.


April 3, 2015 (BK-CRB)
The Westchester Bank
2001 Central Park Avenue, Yonkers, NY 10710

Approval given to change the location of principal office from 2001 Central Park Avenue, Yonkers, Westchester County, New York 10710 to 12 Water Street, White Plains, Westchester County, New York 10601 and to change the designation of principal office previously located at 2001 Central Park Avenue, Yonkers, Westchester County, New York 10710 to that of branch office, on or after April 4, 2015.


April 6, 2015 (SB-CRB)
APPLE BANK FOR SAVINGS
122 East 42nd Street, New York, NY 10168

Authorization issued to open and occupy a branch office at 78-01 37th Avenue, Jackson Heights, Borough of Queens, City of New York 11372, on or after April 7, 2015.


April 6, 2015 (tr-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14902

Authorization issued to change the location of branch office from 7 Southside Drive, Clifton Park, Town of Clifton Park, Saratoga County, New York 12065 to 15 Park Avenue, Clifton Park, Town of Clifton Park, Saratoga County, New York 12065, on or after April 7, 2015.


April 6, 2015 (SB-CRB)
PUTNAM COUNTY SAVINGS BANK 
2477 Route 6, Brewster, NY  10509
CMS BANCORP, INC. 
123 Main Street, White Plains, NY  10601

Application, pursuant to Section 601-b of the Banking Law, to merge CMS Bancorp, Inc. with and into Putnam County Savings Bank, under the name Putnam County Savings Bank, approved.


April 6, 2015 (SB-CRB)
PUTNAM COUNTY SAVINGS BANK 
2477 Route 6, Brewster, NY  10509
CMS BANK 
40 East First Street, Mount Vernon, NY 10550

Application, pursuant to Section 601-b of the Banking Law, to merge CMS Bank with and into Putnam County Savings Bank, under the name Putnam County Savings Bank, approved.


April 7, 2015 (BP-LFS)
ALLIANCE CREDIT COUNSELING, INC.
15720 Brixham Hill Avenue, Suite 575, Charlotte, Mecklenburg County, NC 28277

A rider was issued in connection with an administrative address change of legal address of a licensed Budget Planner main office location

From:    15720 John J. Delaney Drive, Suite 575, Charlotte, Mecklenburg County, NC 28277
To:          15720 Brixham Hill Avenue, Suite 575,   Charlotte, Mecklenburg County, NC 28277

The City of Charlotte, North Carolina Department of Transportation has officially renamed John J. Delaney Drive to Brixham Hill Avenue which became effective May 31, 2014.


April 7, 2015 (BK-FWB)
WOORI AMERICA BANK
1250 Broadway, New York, NY 10001

Authorization issued to open and occupy a branch office at 10049 Baltimore National Pike, Ellicott City, Howard County, Maryland 21042, on or after April 8, 2015.


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

April 02, 2015 (MB-MBD)
Full Service Branch
iServe Residential Lending, LLC
1010 Washington Boulevard, 6th Fl., Suite #602, Stamford, CT 06901

April 06, 2015 (MB-MBD)
Full Service Branch
United Mortgage Corp. UAN NY Finest Funding Additional DBA(S): United Global Group
48-02 25th Avenue, Suite #404, Astoria, NY 11105

April 06, 2015 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation D/B/A CHL Mortgage
10199 Southside Boulevard, Suite #204, Jacksonville, FL 32256


Mortgage Banker License Name Changes:

April 06, 2015 (MB-MBD)
From: AFG Mortgage In Lieu of True Corporate Name Allied Mortgage Group, Inc.
To: Allied Mortgage Group, Inc


Mortgage Broker Certificate Address Changes:

April 06, 2015 (BR-MBD)
American Future In Lieu of True Name American Millenium Company, L.L.C.
From: 142 South Livingston Avenue, Suite 5, Livingston, NJ 07039
To: 154 South Livingston Avenue, Suite 102, Livingston, NJ 07039 3017


The following licensed mortgage banker has entered into a Settlement Agreement with the Department, in lieu of a hearing for a fine or revocation of its mortgage banker license to settle violations of Article 12-D Section 591(3) of the New York Banking Law for utilizing a domain name prior to receiving authorization from the Department;  Section 595-a(2)(a) of the New York Banking Law and Section 130.1(b) of the General Business Law for using a name in an advertisement that did not conform to a name on record with the Department;  Section 301(a)(5)(B) of the New York Business Corporation Law for utilizing the restricted word “mortgage” in its name without approval from the Superintendent of Financial Services.  The Settlement Agreement terms and conditions include a fine of $6,000.

April 02, 2015 (MB-MBD)
FFC Mortgage Corp
2595 Brighton Henrietta Town Line Rd., Rochester, NY 14623


The following application published in Weekly Bulletin dated April 3, 2015 is amended to read as follows:
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

October 15, 2014

1189777

Fernando C Avila

Santa Ana, CA


 

Link to DFS Portal

About DFS

Contact DFS

Reports & Publications

Licensing

Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter