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New York State Department of Financial Services

Weekly Banking Bulletin

December 30, 2016

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

December 22, 2016 (SB-CRB)
PIONEER SAVINGS BANK
652 Albany Shaker Road, Albany, NY 12211

Application dated December 20, 2016, for permission to change the location of a branch office from 596 Columbia Turnpike, Town of East Greenbush, Rensselaer County, NY 12061 to 600 North Greenbush Road, Town of East Greenbush, Rensselaer County, NY 12061, received.


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

December 23, 2016 (BR-MBD)
Applicant(s)
Alita Russell
Andrew Russell
Russell Capital Group LLC
444 Route 111, Suite 2, Smithtown, NY 11787


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

September 19, 2016

38440

James Chester Gaffney

Lithia

Florida

September 27, 2016

1537083

Andrew Taylor Calamari

Cornwall-on-Hudson

New York

October 10, 2016

38395

Gagan Sharma

Southlake

Texas

October 11, 2016

1181659

Susie Soric

East Elmhurst

New York

October 11, 2016

70570

Matthew Alan Pickering

Matthews

North Carolina

November 3, 2016

8254

Daniel Joseph Luffman

Freeport

New York

November 16, 2016

167916

Anthony Joseph Silverstein

Valley Stream

New York

November 18, 2016

1532553

Nathan Benjamin Harris

Philadelphia

Pennsylvania

November 21, 2016

1398342

Marcus Wilson Dallacqua

Macomb

Michigan

November 29, 2016

144025

Benjamin Hirsch

Monroe

New York

December 1, 2016

1548508

James Benjamin Waddell

Noblesville

Indiana

December 1, 2016

1076526

Michael James Lawton

Anaheim

California

December 5, 2016

1385436

Joshua Christopher Stephanoff

Newport Beach

California

December 6, 2016

1471768

Robin K Roth

Newberg

Oregon

December 6, 2016

1532558

Jason B. Smith

Mullica Hill

New Jersey

December 9, 2016

1528320

Xinchen Jiang

Flushing

New York

December 11, 2016

1463584

Joel Fleischman

Monroe

New York

December 12, 2016

1537677

LaRiche Shonco Dyshai Lamar

Southgate

Michigan

December 12, 2016

1537690

Andrew James Lovins

Clinton Township

Michigan

December 12, 2016

1408945

John Skyler Taft

Phoenix

Arizona

December 13, 2016

1497600

Jonathan David Edwin Taylor

Royal Oak

Michigan

December 13, 2016

1562535

Michael Anthony Goad

Greenwood

Indiana

December 14, 2016

1527833

Rodney Steven Lindsay

Indianapolis

Indiana

December 14, 2016

1211900

Tyler James Bowman

Monroe

Michigan



SECTION II

December 22, 2016 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556

Authorizations issued to open and occupy branch offices at the following two locations:

  • 150-60 Northern Boulevard, Flushing, Borough of Queens, City of New York, 11354
  • 164-20 Northern Boulevard, Flushing, Borough of Queens, City of New York 11358, on or after December 23, 2016.


December 22, 2016 (FB-FWB)
DEPFA BANK plc
1 Commons Street Dublin 1, Ireland

Voluntary liquidation, pursuant to Section 605.11 of the Banking Law, of its New York branch located at 88 Pine Street New York, NY 10005, completed. License surrendered as of November 18, 2016.


December 22, 2016 (TR-CRB)
PATHFINDER BANK
214 West First Street, Oswego, NY 13126

Authorization issued to open and occupy a branch office at 109 West Fayette Street, Syracuse, Onondaga County, New York 13202, on or after December 23, 2016. (Pathfinder Bank was previously authorized to operate a limited-service branch at this location.)


December 27, 2016 (FB-FWB)
TAIWAN BUSINESS BANK, LTD.
No. 30 Tacheng Street, Taipei 103, Taiwan

License issued to establish and maintain a branch at 32 Old Slip, Borough of Manhattan, City of New York 10005.


December 28, 2016 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Application, pursuant to Section 162 of the Banking Law, to increase permanent capital from $500 million to $540 million, approved.


December 28, 2016 (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 conversion of Lawrence C. Tucker and Jared S. Keyes from General Partners to Class 2 Limited Partners.)


December 29, 2016 (MI-CRB)
CITIZENS & NORTHERN BANK
90-92 Main Street, Wellsboro, PA 16901

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 250 E. Water Street, Elmira, Chemung County, New York 14901.


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

December 28, 2016 (BK-MBD)
Full Service Branch
Vanguard Funding LLC
2955 Veterans Road West, Suite 2A-2, Staten Island, NY 10309

December 28, 2016 (BK-MBD)
Full Service Branch
Family First Funding LLC
110-20 Jamaica Avenue, Suite 2-D, Richmond Hill, NY 11418


Mortgage Banker License Name Changes:

December 28, 2016 (BK-MBD)
From: Equity Loans, LLC In Lieu of True Name Equity Loans LLC
To: Equity Prime Mortgage LLC


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

December 28, 2016 (BR-MBD)
Douglas C. Cleary D/B/A Innovation Mortgage
Effective Date: November 17, 2016

December 28, 2016 (BR-MBD)
Talk Town Funding Ltd. D/B/A Prime Interest Mortgage Company
Effective Date: October 11, 2016


Applications for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN. The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

Date Application Withdrawn

NMLS ID

Applicant Name

City

State

December 22, 2016

1491498

Daravon Chanthapadith

Los Alamitos

California

 

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