NYSDFS: Banking Division - Weekly Bulletin 01/05/2018

Skip to Content

New York State Department of Financial Services

Weekly Banking Bulletin

January 5, 2018

SECTION I

This section records the receipt of applications and notices to the Banking Division of 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 THAT WILL BE ISSUED BY THE DEPARTMENT.  Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the Department within 10 calendar days of the date of this bulletin, unless a different time period is specified in the item.  More specifically, such comments or objections, including any that concern CRA-related applications, should be either  (a) delivered by mail or in person to Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by e-mail to Comments@dfs.ny.gov.

SECTION II

This section records actions taken by the Superintendent of Financial Services, and other information concerning the activities of the Banking Division 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 in the Weekly Bulletin 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
CEU Consumer Examination Unit
FWBForeign and Wholesale Banks
LFSLicensed Financial Services
MBDMortgage Banking

SECTION I

December 13, 2017 (PF-LFS)
AFCO PREMIUM CREDIT LLC
14 Wall Street, Suite 8A-19, New York, NY 10005

A notification was received in connection with the relocation of the main office from 14 Wall Street, Suite 8A-19, New York, NY 10005, to 1133 Avenue of the Americas, Suite 2735-39, New York, NY 10036, effective January 1, 2018.

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.

January 2, 2018 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, New York 10005

Application, pursuant to Section 162 of the Banking Law, to increase permanent capital from $540 million to $575 million, received.

January 5, 2018 (CC-LFS)
MUMOIN BEST INC. D/B/A MUMOIN CHECK CASHING
27 Orchard Street, Suite 107, Monsey, NY 109522

De Novo Application was received to engage in business as a licensed casher of checks at 27 Orchard Street, Suite 107, Monsey, NY 10952.

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 January 19, 2018.

January 5, 2018 (TM-LFS)
INTERWIRE TOPCO, LLC
444 Madison Avenue, Suite 302, New York, NY 10022

Application received from Interwire Topco, LLC to acquire 100% of Intermex Holdings, Inc., parent company of Intermex Wire Transfer II, LLC, a NYS licensed transmitter of money located at 9480 South Dixie Highway, Miami, Florida 33156, was approved effective December 7, 2017.

Mortgage Banker License Name Change Received:

January 2, 2018 (BK-MBD)
From:  Nationwide Mortgage Bankers, Inc.
To:  Nationwide Mortgage Bankers, Inc. D/B/A Americasa Home Loans

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

September 13, 2017

1407587

Kevin Michael Fahey

Baldwinsville

New York

December 27, 2017

1688605

Douglas Blake Bozarth

Fort Worth

Texas

December 12, 2017

1694797

Lacey Kay Nieder

Columbia

Missouri

December 6, 2017

1669909

Nicholas John Ferguson

Brooklyn

New York

September 27, 2017

1495515

Lauren A. Connolley

Lake Hopatcong

New Jersey

December 14, 2017

1461981

Kenneth Michael Aulicino

Newton

New Jersey

November 30, 2017

414114

John Vincent Giunta

Exton

Pennsylvania

October 30, 2017

199931

Dawn Marie LoGatto

Wallington

New Jersey

December 8, 2017

214509

William Brian Bajakian

Norwood

New Jersey

November 8, 2017

117309

Andrew Curtis Raney

Durham

Connecticut

December 15, 2017

1657793

Mary Frances Connolly

Carnegie

Pennsylvania

November 27, 2017

1031657

Joshua Samuel Chernes

Stratford

Connecticut

December 21, 2017

1448655

Kevin Lee Fink

Fort Worth

Texas

December 21, 2017

1585654

Kevin Wayne Jackson

Aubrey

Texas

December 27, 2017

1695903

John Anthony Evans

Plano

Texas

SECTION II

December 7, 2017 (SF-LFS)
GENESEE ASSOCIATES, LLC
10409 U.S. Route 11, Adams, Jefferson County, New York 13605

License rider issued to reflect a change of location from 10296 U.S. Route 11, Adams, Jefferson County, New York 13605 to 10409 U.S. Route 11, Adams, Jefferson County, New York 13605.

December 7, 2017 (SF-LFS)
PALISADES FUNDING CORPORATION
150 River Road, Unit G1, Montville, Morris County, New Jersey 07045

License rider issued to reflect a change of location from 150 River Road, Unit G-3A, Montville, Morris County, New Jersey 07045 to 150 River Road, Unit G1, Montville, Morris County, New Jersey 07045

December 31, 2017 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, NY 11932

The “Plan of Charter Conversion,” dated June 27, 2017, and amended October 24, 2017, together with the “Organization Certificate of BNB Bank,” were filed in the Office of the Superintendent of Financial Services, and an Authorization Certificate was issued in connection with the conversion of The Bridgehampton National Bank from national to state charter, pursuant to Section 136 of the Banking Law, under the name BNB Bank.  The conversion became effective as of the close of business December 31, 2017.

In addition to the principal office noted above, the bank will maintain the following branch offices:

1055 Franklin Avenue, Garden City, Nassau County, New York 11530
200 Middle Neck Road, Great Neck, Nassau County, New York 11201
1218 Broadway, Hewlett, Nassau County, New York 11557
750 Hicksville Road, Massapequa, Nassau County, New York 11758
2222 Merrick Road, Merrick, Nassau County, New York 11566
799 Hillside Avenue, New Hyde Park, Nassau County, New York 11040
3121 Long Beach Road, Oceanside, Nassau County, New York 11572
333 Merrick Road, Rockville Centre, Nassau County, New York 11570
8191 Jericho Turnpike, Suite A3, Woodbury, Nassau County, New York 11797
12 East 52nd Street, Borough of Manhattan, City of New York 10022
43-01 Bell Boulevard, Bayside, Borough of Queens, City of New York 11361
380 East Main Street, Bay Shore, Suffolk County, New York 11706
15 Frowein Road, Center Moriches, Suffolk County, New York 11934
32845 Main Road, Cutchogue, Suffolk County, New York 11935
410 Commack Road, Deer Park, Suffolk County, New York 11729
55 Main Street, East Hampton, Suffolk County, New York 11937
8 Gingerbread Lane, East Hampton, Suffolk County, New York 11937
481 Montauk Highway, East Moriches, Suffolk County, New York 11940
1500 Brecknock Road, Greenport, Suffolk County, New York 11944
218 Front Street, Greenport, Suffolk County, New York 11944
48 East Montauk Highway, Hampton Bays, Suffolk County, New York 11946
898 Veterans Memorial Highway, Suite 240, Hauppauge, Suffolk County, New York 11788
337 Main Street, Huntington, Suffolk County, New York 11743
10900 Main Road, Mattituck, Suffolk County, New York 11952
859 Walt Whitman Road, Melville, Suffolk County, New York 11747
400 Broadhollow Road, Melville, Suffolk County, New York 11747
3 The Plaza, Montauk, Suffolk County, New York 11954
41 East Main Street, Patchogue, Suffolk County, New York 11772
414 Main Street, Suite 103.104, Port Jefferson, Suffolk County, New York 11777
40 Peconic Avenue, Suite 30, Riverhead, Suffolk County, New York 11901
75 Route 25a, Rocky Point, Suffolk County, New York 11778
4155 Veterans Memorial Highway, Suites 1 & 2, Ronkonkoma, Suffolk County, New York 11779
15 Long Island Avenue, Sag Harbor, Suffolk County, New York 11963
2 Bay Street, Sag Harbor, Suffolk County, New York 11963
21 North Ferry Road, Shelter Island, Suffolk County, New York 11964
630 Montauk Highway, Shirley, Suffolk County, New York 11967
180 East Main Street, Smithtown, Suffolk County, New York 11787
150 Hampton Road, Southampton, Suffolk County, New York 11968
243 Windmill Lane, Southampton, Suffolk County, New York 11968
54970 Main Road, Southold, Suffolk County, New York 11971
6324 NY-25A, Wading River, Suffolk County, New York 11792
194 Mill Road, Westhampton Beach, Suffolk County, New York 11978
35-02 Broadway, Astoria, Borough of Queens, City of New York 11106

January 2, 2018 (TR-FWB)
MIZUHO BANK (USA)
1251 Avenue of the Americas, New York, NY 10020

MIZUHO TRUST & BANKING CO. (USA) (TR-FWB) 
135 West 50th Street, 16th Floor, New York, NY 10020

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 601-b of the Banking Law, as of 10:00 A.M.., December 31, 2017, Agreement and Plan of Merger, dated as of May 18, 2017, and other required documents, providing for the merger of Mizuho Trust & Banking Co. (USA) with and into Mizuho Bank (USA), under the name Mizuho Bank (USA).

The following banking office of Mizuho Trust & Banking Co. (USA) has become a branch office of Mizuho Bank (USA):
135 West 50th Street, 16th Floor, Borough of Manhattan, City of New York 10020

January 3, 2018 (CC-LFS)
FRANKLIN CHECK CASHING CORP.
228 Avenue B, New York, NY 10003

License to engage in business as casher of checks located at 228 Avenue B, New York, NY 10003 was surrendered, effective September 21, 2017.

January 3, 2018 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy branch office at 1961 Commerce Street, Yorktown Heights, Westchester County, New York 10598, surrendered for cancellation:

Office discontinued as of December 28, 2017.

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

December 18, 2017 (BR-MBD)
Pioneer Mortgage Network, Inc.
5788 Merrick Road, Massapequa, NY 11758
Effective Date: November 27, 2017

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 NAME OF APPLICANT CITY STATE

January 2, 2018

1593426

Kevin Mark Blakeney

Wellington

Florida

Department of Financial Services

CONNECT WITH US

DFS Facebook page

Follow NYDFS on Twitter

REGISTER TO VOTE

Sign up online or download and mail in your application.