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New York State Department of Financial Services

Weekly Banking Bulletin

June 19, 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

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

Application dated May 20, 2015, for permission to change the location of branch office from 60 East 42nd Street (Suite 4540), Borough of Manhattan, City of New York 10165 to 666 Third Avenue (Suite 27B), Borough of Manhattan, City of New York 10017, received.


June 12, 2015 (SB-CRB)
NORTHEAST COMMUNITY BANK
325 Hamilton Avenue, White Plains, NY 10601

Notice of intention to close branch office at 1751 Second Avenue, Borough of Manhattan, City of New York 10128, received.

The comment period on this notice will expire July 20, 2015.


June 12, 2015 (SF-LFS)
BELMONT FINANCE LLC
1990 Godfrey Drive, Waupaca WI, 54981

Application received for a license to engage in business as a sales finance company. 

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.


June 12, 2015 (SF-LFS)
DIRECT RECREATION HOLDINGS CORPORATION
24 Madison Avenue Extension, Suite 2, Albany, NY 12203-5396

Notification received for a change of headquarters location from 24 Madison Avenue Extension, Suite 2, Albany, NY 12203-5396 to 48 Rensselaer Avenue, Latham, Albany County, NY 12110.

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.


June 15, 2015 (SB-CRB)
NORTHEAST COMMUNITY BANK
325 Hamilton Avenue, White Plains, NY 10601

Application dated June 10, 2015, for permission to open and occupy a branch office at 72 West Eckerson Road, Spring Valley, Rockland County, New York 10977, received.


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

June 16, 2015 (MB-MBD)
Applicant(s)
Edward James Fay
Robert Miller
Loren Jay Morris
Andrew John Laing
Fay Management, LLC
Fay Financial, LLC
As: Fay Servicing, LLC
440 S. LaSalle Street, Suite 2000, Chicago, IL 60605 5011


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

June 17, 2015 (BR-MBD)
Full Service Branch
Cashnowrefi in Lieu of True Name Meridian Home Mortgage Corporation
1363 N. Main Street, 1st Floor, Hampstead, MD 21074


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

June 17, 2015 (MB-MBD)
Full Service Branch
United Mortgage Corp. UAN NY Finest Funding
Additional DBA(S): United Global Group
28 West Flagler Street, Suite #601, Miami, FL 33130

June 17, 2015 (MB-MBD)
Full Service Branch
Ark Mortgage, Inc.
331-333 Rutledge Street, Suite #202, Brooklyn, NY 11211

June 17, 2015 (MB-MBD)
Full Service Branch
United Mortgage Corp. UAN NY Finest Funding
Additional DBA(S): United Global Group
449 Deanna Lane, Charleston, SC 29492


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:

June 12, 2015 (MB-MBD)
Applicant(s)
B2 FIE Trust through its interest in B2 FIE IV LLC
To acquire interest in:
FGMC In Lieu of True Name First Guaranty Mortgage Corporation
1900 Gallows Road, Suite 800, Tysons Corner, VA 22182 4098


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

May 21, 2014

179904

Paul William Saar

Fort Lauderdale, FL

November 13, 2014

845282

Luis Alberto Vera

Little Elm, TX

December 23, 2014

347802

Jason Jon Proefrock

Neptune Beach, FL

January 18, 2015

1145701

David Jonathan Monge

Carmel, IN

February 18, 2015

334388

Eric Martin Nagy

Irvine, CA

February 27, 2015

20328

Peter Luke Kuenster

St. Augustine, FL

April 20, 2015

1319527

Peter Papazoglou

Astoria, NY

April 21, 2015

1301570

Michael Joseph Caminiti

Stamford, CT

April 23, 2015

1209162

Diana Mohases

Tustin, CA

April 24, 2015

186134

Brian Lowell Dacy

Gaithersburg, MD

April 28, 2015

17864

Omar Brito

Westbury, NY

April 28, 2015

216439

Stephen Paul Delagrange

Chicago, IL

April 29, 2015

239725

Benjamin Nathan Stone

Waynesville, OH

May 4, 2015

114426

Joseph Emil Murphy

Ridgefield, CT

May 4, 2015

299904

Brian Steven Palombo

Johnston, RI

May 7, 2015

1319797

Kenard Dwayne Willis

Long Beach, CA

May 13, 2015

201052

Erick Herman Brenke

Lawrence, NY

May 18, 2015

1281572

Terry Lee Barr

Carmel, IN

May 24, 2015

375555

Farrel Liger

Brooklyn, NY

May 28, 2015

46443

Jay Paul Harris

Brooklyn, NY

June 1, 2015

1255164

Adam Newman

Brooklyn, NY

June 1, 2015

54824

Matthew Raphael Buono

Catskill, NY

June 1, 2015

1304230

Stephanie Ellen Zide

Jacksonville, FL

June 1, 2015

1359813

Jeffrey Everett Lind

Medford, NY

June 1, 2015

929934

Michael Daniel Ramirez

Turnersville, NJ

June 1, 2015

267245

Joseph John Schonlau

Florissant, MO

June 1, 2015

738448

David Robert Norris

St. Louis, MO

June 1, 2015

322563

Dustin Edward Flassig

St. Louis, MO

June 1, 2015

1312088

Chad Joseph Kubik

Streetsboro, OH

June 1, 2015

482258

Douglas Brian Adler

Guttenberg, NJ

June 2, 2015

137093

Jeffrey Gerard Lloyd

Wyomissing, PA

June 2, 2015

1339854

Gregory P. Beeson

Indianapolis, IN

June 3, 2015

21416

Ann Marie Kramer

Ferndale, MI

June 3, 2015

1072098

Lyndsey Rebecca Gray

Irvine, CA

June 3, 2015

1296063

Vincent De Paul Esopi

New Hyde Park, NY

June 4, 2015

1126161

Steven Edward Humble

Columbia, MO

June 4, 2015

1030850

Carl Anthony Thomas

Columbia, MO

June 4, 2015

91480

Kumil Ye

Irvine, CA

June 4, 2015

930281

Joy Olease Gamble

Fort Worth, TX

June 5, 2015

101748

Lawrence Joseph Ferrigno

Shelton, CT

June 5, 2015

1312439

Steven Jamal Walker

Detroit, MI

June 5, 2015

453098

Vanessa Joaquin

Lindenhurst, NY

June 5, 2015

1366908

David Ryan Fugate

Columbia, MO

June 5, 2015

488373

Nancy Thi Hoang

Westminster, CA

June 5, 2015

930420

Tarrence Montel Lewis

Dallas, TX

June 5, 2015

41434

Jason Eugene O'Brien

Orange, CA

June 8, 2015

1312295

Edward Franklin Jones

Southfield, MI

June 8, 2015

26843

Ronald Patrick Palucki

Dearborn, MI

June 8, 2015

147955

Brendan Joseph Brickley

Wyndmoor, PA

June 8, 2015

1312233

Carolina Patricia Cortes Klemans

Grosse Ile, MI

June 8, 2015

1312301

Alexander Conrad Koski

Grosse Pointe Farms, MI

June 8, 2015

1159930

Christopher Joseph Kas-Marogi

West Bloomfield, MI

June 8, 2015

1262707

Jordan James Monroe

Westland, MI

June 9, 2015

1177943

Khodr Haidar Hojaije

Dearborn, MI

June 9, 2015

964463

Adam James Julien

Royal Oak, MI

June 9, 2015

1312315

Alec James Kraft

Farmington Hills, MI

June 9, 2015

1273486

Andrew Robert McClain

Macomb, MI

June 9, 2015

278619

William Joseph Poirier

Macomb, MI

June 9, 2015

1312436

Brandon Scott Thorn

Waterford, MI

June 9, 2015

1312410

Timothy Sean Robertson

Waterford, MI


SECTION II

June 3, 2015 (CC-LFS)
N.Y.C. CHECK EXPRESS, INC.
660 Lexington Avenue, New York, NY 10022

License to engage in business as casher of checks at 660 Lexington Avenue, New York, NY 10022 was surrendered effective June 3, 2015.


June 3, 2015 (CC-LFS)
AVENUE CHECK  CASHING CORP. 
212-33 Jamaica Avenue, Queens Village, N.Y.  11428

Effective June 3, 2015, license to engage in business as casher of checks at branch located at 78-01 Jamaica Avenue, Jamaica, N.Y. 11421 was surrendered.


June 5, 2015 (PF-LFS)
CAPITAL CREDIT GROUP, INC.  
60 Long Ridge Road, Suite 205, Stamford, CT 06902
License to engage in business as a premium finance company at 60 Long Ridge Road, Suite 205, Stamford, CT 06902 was surrendered.


June 9, 2015 (TM-LFS)
RUPALI EXCHANGE, INC.
37 17 74th St. – 1st Floor (Rear), Jackson Heights, NY  11372

A money transmitter license was issued to reflect a change of name from Rupali Exchange, Inc. to Sunman Global Express Corp.

In connection with the above license issuance, the original license was surrendered.


June 11, 2015 (BK-CRB)
CATSKILL HUDSON BANK
4438 Route 42 North, Thompson, NY 12701

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 4054 State Route 52, Youngsville, Town of Callicoon, Sullivan County, New York 12791, will not result in a significant reduction of banking services in the community to be affected.


June 12, 2015 (CC-LFS)
HYLAN CHECK CASHING SERVICE, INC.
1834 Hylan Boulevard, Staten Island, NY 10305-1935

License to engage in business as casher of checks at 1834 Hylan Boulevard, Staten Island, NY 10305-1935 was surrendered effective June 12, 2015.


June 15, 2015 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at Benjamin Banneker Elementary School, 449 North Street, Milford, Sussex County, Delaware 19963, surrendered for cancellation.

Office discontinued as of June 11, 2015.


June 16, 2015 (MI-CRB)
NEW MILLENNIUM BANK
57 Livingston Avenue, New Brunswick, NJ 08901

Authorization issued to open and occupy a branch office at 209-35 Northern Boulevard, Bayside, Borough of Queens, City of New York 11361, on or after June 17, 2015.


June 18, 2015 (BK-CRB)
ADIRONDACK BANK
185 Genesee Street, Utica, NY 13501

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office at 120 East Washington Street, Syracuse, Onondaga County, New York 13202.


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

June 15, 2015 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
15 Catherwood Road, Suite #10, Ithaca, NY 14850


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

June 17, 2015 (MB-MBD)
Full Service Branch
Franklin First Financial, Ltd. D/B/A Franklin First Mortgage Bankers
Additional DBA(S): Presidents First Mortgage Bankers
Senior Funding Group
18-19 River Road, Fairlawn, NJ 07410
Effective Date: June 04, 2015


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

June 11, 2015 (BR-MBD)
Home Finance of America, Inc.
1 Main Street, Sayville, NY 11782 2501

June 16, 2015 (BR-MBD)
Shalimar Mortgage Corp.
80 Mount Misery Road, Huntington, NY 11743

June 16, 2015 (BR-MBD)
Kemdy Inc. DBA Kemdy Financial Information Services
420 East Third Street, Mount Vernon, NY 10553 5126

June 16, 2015 (BR-MBD)
Anatoliy Mikhaylov Mortgage Choice, Inc.
99-53 65th Avenue, Rego Park, NY 11374 3652

June 17, 2015 (BR-MBD)
Frank C Madonna
2941A Bruckner Blvd., Bronx, NY 10461


Mortgage Broker Certificate Address Changes:

June 17, 2015 (BR-MBD)
Fenwick Mortgage, LLC
From: 745 Boston Post Road, Old Saybrook, CT 06475
To: 59 Grove Street, Unit 1F, New Canaan, CT 06840 5332


Mortgage Banker Branch License Address Changes:

June 17, 2015 (MB-MBD)
Homebridge Financial Services, Inc. DBA Menlo Park Funding
From: 4 Palisades Drive, Suite 135, Colonie, NY 12205
To: 125 High Rock Avenue, Suite 202, Saratoga Springs, NY 12866


 

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