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New York State Department of Financial Services

Weekly Banking Bulletin

December 24, 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 l

December 14, 2015 (BK-CRB)
CATSKILL HUDSON BANK
95 Schwenk Drive, Kingston, New York 12401

Application dated December 11, 2015, for permission to change the location of branch office from 731 Route 211 East, Middletown, Orange County, New York 10941 to 643 Route 211 East, Middletown, Orange County, New York 10941, received.


December 15, 2015 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY 11385

Notice of intention to close branch office at 1626 Bruckner Boulevard, Borough of Bronx, City of New York 10473, received.


December 15, 2015 (MI-CRB)
PEOPLES SECURITY BANK AND TRUST COMPANY
150 North Washington Avenue, Scranton, PA 18503

Notice of intention to close branch office at 1235 Front Street, Binghamton, Broome County, New York 13905, received.


December 22, 2015 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354
ASTORIA BANK (MI-CRB)
37-16 Long Island City, NY 11103

Application, pursuant to Section 601 of the New York Banking Law, for Astoria Bank to merge with and into New York Community Bank, received.

The comment period on this notice will expire January 25, 2016.

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

September 10, 2015

1331748

Ryan Patrick Rasnick

Cleveland, OH 

October 30, 2015

282602

Jo Ann Ambrosino Kranz

Netcong, NJ

November 20, 2015

1423177

Kendra Christine Daily

Indianapolis, IN

December 3, 2015

1262807

Chanttelle Jeanne St.Onge

Detroit, MI 

December 3, 2015

1312279

Shahid Jaoudat Haidar

Dearborn Heights, MI

December 3, 2015

1229823

Jesse Daniel Francisco

Columbia, MO

December 3, 2015

1424328

Keri Ann Dyer

Fulton, MO

December 3, 2015

1220340

John Ervin MacKenzie

Troy, MI

December 3, 2015

1410821

Shay Danielle Trapani

Jefferson City, MO 

December 3, 2015

1247924

Thomas Lotsis

Ferndale, MI

December 3, 2015

330460

William Edward Fazio

New York, NY 

December 3, 2015

1295277

Stacy Dawn Lewis

Tempe, AZ 

December 4, 2015

15631

Matthew M Schermerhorn

Rochester, NY 

December 4, 2015

1426332

Derek Patrick Johnson

Tulsa, OK 

December 9, 2015

1312222

Joshua Raymond Bradley

Westland, MI

December 9, 2015

1220012

Eduard Castellano

Saint Clair Shores, MI 

December 9, 2015

1418986

Colin Thomas Putters

Royal Oak, MI 

December 9, 2015

1418590

Mohammad Adnan Achkar

Dearborn Heights, MI

December 9, 2015

1332739

Bethany April Berry-McKee

St. Clair Shores, MI

December 9, 2015

1273602

Israel Lee Rodriguez

Inkster, MI 

December 10, 2015

1418813

Zachary Caras Schrode

Grosse Pointe, MI

December 10, 2015

1419112

Phillip David Humphrey

Warren, MI 

December 10, 2015

1418711

Auguste Maxwell Taylor

Birmingham, MI 

December 10, 2015

1405473

Matthew Thomas Edward Wright

Muncie, IN 

December 10, 2015

1418361

Preston Anthony Beard

Pontiac, MI 

December 10, 2015

146892

Thomas M Colucci

Wayne, NJ 

December 10, 2015

348021

William Arlen Foster Jr.

North Jacksonville Beach, FL

December 10, 2015

1333764

Christin Leeza Pearson

Detroit, MI 

December 10, 2015

1434913

Yitzchok Aaron Weisz

Monsey, NY

December 10, 2015

1418626

Shanna Tiffany Adams

Livonia, MI

December 10, 2015

1319507

Andrew Harris Gregg

Greensburg, IN 


SECTION II

December 17, 2015 (FR-FWB)
ABLV BANK, AS
23 Elizabetes Street, Riga, LV-1010, Latvia

Application, pursuant to Section 221-c of the Banking Law, to establish and maintain a representative office in the borough of Manhattan, City of New York, withdrawn.


December 21, 2015 (MI-CRB)
AMERICAN EXPRESS CENTURION BANK
4315 South 2700 West, Salt Lake City, UT 84184

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at The Centurion Lounge, LaGuardia Airport, East Elmhurst, Borough of Queens, City of New York 11371.


December 21, 2015 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
80-02 Kew Gardens Road, 6th Floor, Suite 603, Kew Gardens, NY  11415

A license was issued to change the location of doing business as a licensed casher of checks to 1008 Flatbush Avenue, Brooklyn, NY  11226.

In connection with the above license issuance, the original check casher license at 1154 Flatbush Avenue, Brooklyn, NY  11226 was surrendered.


December 22, 2015 (FR-FWB)
HSH NORDBANK AG
Gerhart Hauptmann Platz 50, 20095 Hamburg, Free and Hanseatic State of Hamburg and Martensdamm 6, 24103 Kiel, State of Schleswig Holstein, Germany

Application for a license to establish and maintain a representative office at 230 Park Avenue, Borough of Manhattan, City of New York 10169, approved, and license issued on December 22, 2015.


December 22, 2015 (MI-CRB)
NOA BANK
2400 Pleasant Hill Road, Suite 340, Duluth, GA 30096
Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 315 Fifth Avenue, Suite 508-509, Borough of Manhattan, City of New York 10016.


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

December 18, 2015 (BR-MBD)
Homequest Mortgage & Financial Services Corp.
250 Fulton Avenue, Suite 420, Hempstead, NY 11550

December 21, 2015 (BR-MBD)
Nicholas Palumbo DBA The Money Express
52 Harrigan Road, Hopewell Junction, NY 12533

December 21, 2015 (BR-MBD)
Money Market Mortgage, LLC
1343 Sullivan Avenue, 2nd Floor, South Windsor, CT 07074 2714

December 21, 2015 (BR-MBD)
Braccio Inc. D/B/A The Mortgage Forum
2809 Lindenmere Drive, Merrick, NY 11566

December 23, 2015 (BR-MBD)
James John Beamer D/B/A Dellwood Funding Company
188 Dellwood Road, Amherst, NY 14226

December 23, 2015 (BR-MBD)
Edward L Koester
1457 Knapp Street, Bronx, NY 10469


Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:

December 21, 2015 (BR-MBD)
Consumer One Corp. d/b/a Consumer One Mortgage
10 Kimberley Court, Lake Grove, NY 11755 2753
Effective Date: October 08, 2015


Mortgage Broker Certificate Address Changes:

December 21, 2015 (BR-MBD)
Jessco Realty Corp. D/B/A Jessco Mortgage Consultants
From: 1040 Hempstead Turnpike, Franklin Square, NY 11010
To: 686 Wyngate Drive West, North Valley Stream, NY 11580 1445


Mortgage Banker License Address Changes:

December 17, 2015 (MB-MBD)
PMAC Lending Services, Inc.
From: 15325 Fairfield Ranch Road, Suite 125, Chino Hills, CA 91709
To: 12105 Paramount Boulevard, Downey, CA 90242 2309


Mortgage Banker Branch License Address Changes:

December 21, 2015 (MB-MBD)
Homestead Funding Corp.
From: 942 Rout 376, Summerline Plaza, Wappingers Falls, NY 12590
To: 109 Route 376, Suite A, Hopewell Junction, NY 12533


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 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, Section 130(1)(ii)(b) of the New York General Business Law, Section 202(b) of the New York Business Corporation Law for utilizing unauthorized assumed name; Section 301(a)(5)(B) of the New York Business Corporation Law for using restricted words without authorization from the Department; and Section 38.2.(e) of the General Regulations of the Superintendent utilizing misleading telephone number in its advertisements.  The Settlement Agreement terms and conditions requires a fine of $15,000, which was fully paid on November 10, 2015.

December 22, 2015 (MB-MBD)
Mortgage Research Center, LLC D/B/A VAMortgageCenter
1400 Veterans United Drive, Columbia, MO 65203

Date of Settlement Agreement:  November 20, 2015

 

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