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New York State Department of Financial Services

Weekly Banking Bulletin

November 6, 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 VC Virtual Currency

Regulatory Unit Codes

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


SECTION I

October 1, 2015 (BK-CRB)
FREDERICK HING KWOK CHAU
La Habra Heights, CA
CHRSTOPHER YEOU-HWA CHAU
Irvine, CA
KAREN YEOU-HUNG PELLET
Burlingame, CA
FD CHAU FAMILY LLC
La Habra Heights, CA

Application, pursuant to Section 143-b of the Banking Law, for Frederick Hing Kwok Chau, Christopher Yeou-Hwa Chau, Karen Yeou-Hung Pellet and FR Chau Family, LLC to collectively acquire control of First American International Bank, Brooklyn, New York, received. 


October 26, 2015 (TM-LFS)
OMNEX GROUP, INC.
580 Sylvan Avenue, Suite M-A, Englewood Cliffs, NJ 07632

Notification received for a change of headquarters location from 580 Sylvan Avenue, Suite M-A, Englewood Cliffs, NJ 07632 to 580 Sylvan Avenue, Suites LL-A and LL-B, Englewood Cliffs, NJ 07632.

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.


October 27, 2015 (PF-LFS)
IPFS CORPORATION U/A/N PREMIUM FINANCING SPECIALISTS U/A/N IMPERIAL CREDIT
1055 Broadway, 11th Floor, Kansas City, MO 64105

Notification received for a change of branch location from 5700 N. Portland Avenue, Suite 200, Oklahoma City, Oklahoma 73112 to 3817 Northwest Expressway, Suite 725, Oklahoma City, Oklahoma 73112.

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.


October 27, 2015 (PF-LFS)
IPFS CORPORATION U/A/N PREMIUM FINANCING SPECIALISTS U/A/N IMPERIAL CREDIT
1055 Broadway, 11th Floor, Kansas City, MO 64105

Notification received for a change of name from IPFS Corporation U/A/N Premium Financing Specialists U/A/N Imperial Credit to IPFS Corporation.

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.


October 29, 2015 (MI-CRB)
PREFERRED BANK
601 South Figueroa Street, Los Angeles, CA 90017

Application, pursuant to Section 143-b of the Banking Law, to acquire control of United International Bank, Flushing, New York, received.


November 2, 2015 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.   
140 Broadway, New York, NY 10005
BROWN BROTHERS HARRIMAN & CO.  (MI-FWB) 
One Logan Square, 14th Floor, Philadelphia, PA 19103

Application to merge Brown Brothers Harriman & Co., Philadelphia, PA, a Pennsylvania limited partnership, with and into Brown Brothers Harriman & Co., New York, NY, a New York limited partnership, under the name Brown Brothers Harriman & Co., received.

The comment period for this application will expire on December 1, 2015. 


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

November 03, 2015 (MB-MBD)
Full Service Branch
NJ Lenders Corp. d/b/a Home Owners Mortgage Express
Additional DBA(S): Coastal Lenders
Silver Bay Lending
2 Sylvan Street, Suite #1, Rutherford, NJ 07070

November 03, 2015 (MB-MBD)
Full Service Branch
Family First Funding LLC
77 North Centre Avenue, Suite #310, Rockville Centre, NY 11570

November 04, 2015 (MB-MBD)
Full Service Branch
Carrington Mortgage Services, LLC
8120 Nations Way, Suite #201, Jacksonville, FL 32256

November 04, 2015 (MB-MBD)
Full Service Branch
Home Point Financial Corporation
405 East Joppa Road, Suite #300, Towson, MD 21286

November 04, 2015 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
115 Stevens Avenue, Suite #107, Valhalla, NY 10595

November 04, 2015 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
1415 Hooper Avenue, Suite #301, Toms River, NJ 08753

November 04, 2015 (MB-MBD)
Full Service Branch
Quik Fund, Inc.
600 Sylvan Avenue, Suite #310, Englewood Cliffs, NJ 07632


Mortgage Banker License Name Change Received:

November 02, 2015 (MB-MBD)
From: Prospect Lending, LLC In Lieu of True Name Prospect Mortgage, LLC
To: Prospect Mortgage, LLC


SECTION II

October 28, 2015 (BP – LFS)
CONSUMER CREDIT COUNSELING SERVICE OF SAN FRANCISCO U/A/N BALANCE
595 Market Street, Suite 1500, San Francisco, San Francisco County 94105

A license was issued for a change of name

From: Consumer Credit Counseling Service of San Francisco
To: Consumer Credit Counseling Service of San Francisco U/A/N BALANCE

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


October 30, 2015 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, New York 14203
HUDSON CITY SAVINGS BANK (MI-CRB)
West 80 Century Road, Paramus, New Jersey 07652

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 601-b of the Banking Law, as of 12:02 a.m., November 1, 2015, an Agreement and Plan of Merger, dated as of October 8, 2015, and other required documents, providing for the merger of Hudson City Savings Bank with and into Manufacturers and Traders Trust Company, under the name Manufacturers and Traders Trust Company.

The following banking offices of Hudson City Savings Bank have become branch office of Manufacturers and Traders Trust Company:

West 80 Century Road, Paramus, Bergen County, NJ 07652
288 Main Street, Orange, Essex County, NJ 07050
587 Summit Avenue, Jersey City, Hudson County, NJ 07306
1210 Route 130 North, Cinnaminson, Burlington County, NJ 08077
166 State Route 31, Flemington, Hunterdon County, NJ 08822
2220 Forest Avenue, Staten Island, Richmond County, NY 10303
303 Main Street, Fort Lee, Bergen County, NJ 07024
779 Franklin Avenue, Franklin Lakes, Bergen County, NJ 07417
351 West Main Street, Freehold, Monmouth County, NJ 07728
45 Outwater Lane, Garfield, Bergen County, NJ 07026
897 Prospect Street, Glen Rock, Bergen County, NJ 07452
51 US Highway 22, Green Brook, Somerset County, NJ 08812
74825 Main Road, Greenport, Suffolk County, NY 11944
200 Grand Avenue, Hackettstown, Warren County, NJ 07840
116 Kings Highway East, Haddonfield, Camden County, NJ 08033
18 East Montauk Highway, Hampton Bays, Suffolk County, NY 11946
389 Halstead Avenue, Harrison, Westchester County, NY 10528
313 Henry Street, Orange, Essex County, NJ 07050
641 Shunpike Road, Chatham, Morris County, NJ 07928
1018 Washington Street, Hoboken, Hudson County, NJ 07030
4106 Hylan Boulevard, Staten Island, Richmond County, NY 10308
89 Interstate Shopping Center, Ramsey, Bergen County, NJ 07446
72 Mount Vernon Place, Newark, Essex County, NJ 07106
495 Manila Avenue, Jersey City, Hudson County, NJ 07302
216 Passaic Avenue, Kearny, Hudson County, NJ 07032
3562 State Route 27, Kendall Park, Middlesex County, NJ 08824
782 Lacey Road, Forked River, Ocean County, NJ 08731
2100 Route 70, Manchester, Ocean County, NJ 08759
416 South Main Street, Forked River, Ocean County, NJ 08731
167 East Kennedy Boulevard #169, Lakewood, Ocean County, NJ 08701
2040 Boston Post Road, Larchmont, Westchester County, NY 10538
1000 Route 70, Lakewood, Ocean County, NJ 08701
232 South Livingston Avenue, Livingston, Essex County, NJ 07039
304 Essex Street, Lodi, Bergen County, NJ 07644
435 Lewandowski Street, Lyndhurst, Bergen County, NJ 07071
340 Main Street, Madison, Morris County, NJ 07940
115 Franklin Turnpike, Mahwah, Bergen County, NJ 07430
300 Mamaroneck Avenue, Mamaroneck, Westchester County, NY 10543
601 Route 72 East, Manahawkin, Ocean County, NJ 08050
1965 State Route 57, Hackettstown, Warren County, NJ 07840
455 County Road, Marlboro, Monmouth County, NJ 07746
75 Highway 35, Middletown, Monmouth County, NJ 07701
2212 Hylan Boulevard, Staten Island, Richmond County, NY 10306
85 Godwin Avenue, Midland Park, Bergen County, NJ 07432
62-64 Main Street, Millburn, Essex County, NJ 07041
301 Route 25A, Miller Place, Suffolk County, NY 11764
3031 East Main Street, Mohegan Lake, Westchester County, NY 10547
525 Main Street, Monroe, Fairfield County, CT 06468
7533 Bergenline Avenue, North Bergen, Hudson County, NJ 07047
228 South Main Street, New City, Rockland County, NY 10956
715 River Road, New Milford, Bergen County, NJ 07646
88 Fourth Street, New Rochelle, Westchester County, NY 10801
523 Shoppes Boulevard, North Brunswick, Middlesex County, NJ 08902
379 Ramapo Valley Road, Oakland, Bergen County, NJ 07436
3897 US Highway 9, Old Bridge, Middlesex County, NJ 08857
249 Kinderkamack Road, Oradell, Bergen County, NJ 07649
60 Park Place, Newark, Essex County, NJ 07102
240 Baldwin Road, Parsippany, Morris County, NJ 07054
1019 Park Street, Peekskill, Westchester County, NY 10566
3 Tree Farm Road, Pennington, Mercer County, NJ 08534
150 Newark-Pompton Turnpike, Pequannock, Morris County, NJ 07440
57 West Main Street, Ramsey, Bergen County, NJ 07446
128 Center Grove Road, Randolph, Morris County, NJ 07869
1591 Richmond Road, Staten Island, Richmond County, NY 10304
2 Prospect Street, Ridgefield, Fairfield County, CT 06877
94 North Maple Avenue, Ridgewood, Bergen County, NJ 07450
1070 Main Street, River Edge, Bergen County, NJ 07661
632 Westwood Avenue, River Vale Township, Bergen County, NJ 07675
1430 Old Country Road, Riverhead, Suffolk County, NY 11901
210 Enterprise Drive, Rockaway, Morris County, NJ 07866
187 Eagle Rock Avenue, Roseland, Essex County, NJ 07068
115 South Ridge Street, Rye Brook, Westchester County, NY 10573
1328 River Avenue, Lakewood, Ocean County, NJ 08701
157 Seventh Avenue, Newark, Essex County, NJ 07104
45 South New York Road, Smithville, Atlantic County, NJ 08205
302 Somers Commons, Baldwin Place, Westchester County, NY 10505
2935 Veterans Road West, Staten Island, Richmond County, NY 10309
25 Hill Street, Southampton, Suffolk County, NY 11968
53345 Main Road, Southold, Suffolk County, NY 11971
2407 Route 71, Spring Lake, Monmouth County, NJ 07762
599 Newfield Avenue, Stamford, Fairfield County, CT 06905
1320 Stony Brook Road, Stony Brook, Suffolk County, NY 11790
341 Springfield Avenue, Summit, Union County, NJ 07901
790 Queen Anne Road, Teaneck, Bergen County, NJ 07666
577 Lakehurst Road, Toms River, Ocean County, NJ 08755
80 Union Avenue, Cresskill, Bergen County, NJ 07626
365 Tucker Avenue, Union, Union County, NJ 07083
977 Valley Road, Gillette, Morris County, NJ 07933
277 Eisenhower Parkway, Livingston, Essex County, NJ 07039
7 East Prospect Street, Waldwick, Bergen County, NJ 07463
217 Berdan Avenue, Wayne, Passaic County, NJ 07470
1620 Route 23 North, Wayne, Passaic County, NJ 07470
767 Bloomfield Avenue, West Caldwell, Essex County, NJ 07006
133 Main Street, Westhampton Beach, Suffolk County, NY 11978
1 Paddock Plaza, West Long Branch, Monmouth County, NJ 07764
9 Marshall Hill Road, West Milford, Passaic County, NJ 07480
3495 Route 1 South, Princeton, Mercer County, NJ 08540
119 Central Avenue, Westfield, Union County, NJ 07090
596 Westport Avenue, Norwalk, Fairfield County, CT 06851
320 Mamaroneck Avenue, White Plains, Westchester County, NY 10605
108 Lacey Road, Whiting, Ocean County, NJ 08759
1002 Mantua Pike, Woodbury Heights, Gloucester County, NJ 08097
261 Godwin Avenue, Wyckoff, Bergen County, NJ 07481
1961 Commerce Street, Yorktown Heights, Westchester County, NY 10598


October 30, 2015 (FB-FWB)
PORTIGON AG
Herzogstrasse 15, Dusseldorf 40217, Germany

Approval given to change the location of its New York Branch from 7 World Trade Center, New York, NY 10007 to 589 Eighth Avenue, New York, NY 10018.


November 2, 2015 (MI-CRB)
NORTHWEST BANK
Liberty Street at Second Avenue, Warren, PA  16365

Authorization issued to open and occupy a branch office at 3858 North Buffalo Road, Orchard Park, Erie County, New York 14127, on or after November 3, 2015.


November 2, 2015 (BK-CRB)
BANK OF HOLLAND
12 South Main Street, Holland, NY 14080

Authorization issued to open and occupy a branch office at 2341 Bowen Road, Elma, Erie County, New York 14059, on or after November 3, 2015.


November 3, 2015 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Approval given to change the location of branch office from 8020 Flatlands Avenue, Borough of Brooklyn, City of New York, New York 11236 to 956 Flatbush Avenue, Borough of Brooklyn, City of New York 11226.


November 3, 2015 (BK-CRB)
BANK OF HOLLAND
12 South Main Street, Holland, NY 14080

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at 2341 Bowen Road, Elma, Erie County, New York 14059.


November 4, 2015 (FB-FWB)
PHILIPPINE NATIONAL BANK
Pres. Diosdado Macapagal Blvd., Pasay City, Philippines

Approval given to change the location of its New York Branch from 30 Broad Street, New York, NY 10004 to 561 Seventh Avenue, New York, NY 10018.


November 4, 2015 (FB-FWB)
TURKIYE VAKIFLAR BANKASI T.A.O.
Istanbul, Turkey

Approval given to change the location of branch from 680 Fifth Avenue, Borough of Manhattan, City of New York 10019 to 1177 Avenue of the Americas, Borough of Manhattan, City of New York 10036, on or after November 5, 2015.


November 4, 2015 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY 11385

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at 1981 Marcus Avenue, Concourse Level, Lake Success (Village of North Hempstead), Nassau County, New York 11042. 


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

November 04, 2015 (BR-MBD)
Rush Lending Inc. D/B/A Rush Mortgage
8410 NE 1st Place, Miami, FL 33138


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

November 02, 2015 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
31 Albany Avenue, Suite #5, Kingston, NY 12401


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

November 03, 2015 (BR-MBD)
Shalimar Mortgage Corp.
80 Mount Misery Road, Huntington, NY 11743
Effective Date: October 30, 2015

November 03, 2015 (BR-MBD)
RMG Financial Group, Inc.
14 Tower Place, Lower Level, Roslyn, NY 11576 2151
Effective Date: October 27, 2015


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

November 03, 2015 (MB-MBD)
Discover Home Loans, Inc.
173 Technology Drive, Irvine, CA 92618 2402
Effective Date: October 23, 2015


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

October 30, 2015 (MB-MBD)
Full Service Branch
PrimeLending, A PlainsCapital Company
759 S. Federal Highway, Suite #201A, Stuart, FL 34994
Effective Date: October 28, 2015

October 30, 2015 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
110-20 Jamaica Avenue, Suite #2AA, Richmond Hill, NY 11418
Effective Date: October 28, 2015


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

October 29, 2015 (BR-MBD)
CapitalPartners mc Incorporated
59-07 175th Place, PH-1A, Fresh Meadows, NY 11365 1515

November 02, 2015 (BR-MBD)
Dream House Funding LTD
225-01 Linden Blvd., Cambria Heights, NY 11411

November 02, 2015 (BR-MBD)
Northern Funding Corp.
1407 Route 9, Suite 7, Clifton Park, NY 12065

November 03, 2015 (BR-MBD)
A & F Capital, Inc.
112-10 Springfield Boulevard, Queens Village, NY 11429 2650


Mortgage Banker Branch License Address Changes:

November 04, 2015 (MB-MBD)
Quicken Loans Inc.
From: 16425 North Pima Road, Suite 200, Scottsdale, AZ 85260
To: 16425 North Pima Road, Suite 300, Scottsdale, AZ 85260


The following Registered Mortgage Broker has entered into a Settlement Agreement with the Department in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Section 597 of the New York Banking Law and Part 410.7 of the Superintendent’s Regulations for failure to file the 2013 Volume of Operations Report (VOOR).  The Settlement Agreement terms and conditions include a fine of $5,000.00.

October 28, 2015 (BR-MBD)
Mitchell-Lloyd Mortgage Corp DBA Advantage Home Lenders
2137 Deer Park Avenue, Suite B, Deer Park, NY 11729


The following Registered Mortgage Broker has entered into a Settlement Agreement with the Department in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Section 597 of the New York Banking Law and Part 410.7 of the Superintendent’s Regulations for failure to file the 2014 Volume of Operations Report (VOOR).  The Settlement Agreement terms and conditions include a fine of $10,000.00

October 29, 2015 (BR-MBD)
Sigma Funding Corp.
2534 Tilden Avenue, Brooklyn, NY 11226

 

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