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New York State Department of Financial Services

Weekly Banking Bulletin

April 13, 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 Casher MS Mortgage 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

February 20, 2018 (PF - LFS) – Amended
ROBERT PEHNKE, JR. D/B/A THE HENRY PLAN
137-34   Jamaica Avenue, Jamaica, New York 11435

An application was received for a change of legal entity type from sole proprietorship to limited liability company and the related name change, as follows:

From:     Robert Pehnke, Jr. D/B/A The Henry Plan
To:          The Henry Plan, LLC D/B/A The Henry Plan

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 licensee.

March 26, 2018 (PF - LFS)
AFCO CREDIT CORPORATION
1133 Avenue of the Americas, Suite 2735-39, New York, NY 10036

An application was received for a license to engage in business as a premium finance agency at the following branch location:

2141 Enterprise Drive, Florence, SC 29501

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 licensee.

April 6, 2018 (BK-CRB)
INTERAUDI BANK
19 East 54th Street, New York, NY 10022

Application dated April 5, 2018, for permission to change the location of branch office from 200 S. Biscayne Boulevard, Suite 1900, Miami, County of Miami-Dade, Florida 33131 to 78 SW 7 Street, Suite 1100, Miami, County of Miami-Dade, Florida 33130, received. 

April 11, 2018 (TM-LFS)
NASPERS FINTECH INVESTMENTS B.V.
Taurusavenue 105, Hoofddorp, Netherlands 2132 LS

Application received from Naspers Fintech Investments B.V. to acquire 22.67% of Remitly, Inc., 1111 Third Avenue, Suite 2100, Seattle, WA 98101.

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.

April 11, 2018 (TM-LFS)
SG GROWTH PARTNERS III, LP
402 West 13th Street, 5th Floor, New York, NY 10014

Application received from SG Growth Partners III, LP to acquire 16.29% of Remitly, Inc., 1111 Third Avenue, Suite 2100, Seattle, WA 98101.

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.

April 11, 2018 (TM-LFS)
DFJ VENTURES XI, L.P.
2882 Sand Hill Road, Menlo Park, CA 94025

Application received from DFJ Ventures XI, L.P. to acquire 16.4% of Remitly, Inc., 1111 Third Avenue, Suite 2100, Seattle, WA 98101.

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.

April 11, 2018 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY 11385

Notice of intention to establish a temporary electronic facility (automated teller machine) at St. John’s University, 8000 Utopia Parkway, Jamaica, Borough of Queens, City of New York 11439, received.   The ATM will operate only on April 21 and April 28, 2018.

April 11, 2018 (TM-LFS)
HONG LAN SERVICES, INC. U/A/N HONG LAN MONEY TRANSFER U/A/N ORANGE CARGO
9113 Bolsa Avenue, Suite #122, Westminster, CA 92683

Notification received for the removal of DBA Orange Cargo and the addition of DBA Hong Lan Chuyen Tien.
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.

April 12, 2018 (SF-LFS)
EMERGENT CAPITAL, INC.
5355 Town Center Road, Suite 701, Boca Raton, FL 33486

Application received from Emergent Capital, Inc. to acquire 100% of Sherman, Clay & Co., Inc. u/a/n Allegro Credit, a NYS licensed sales finance company located at 111 Bayhill Drive, Suite 450, San Bruno, San Mateo County, CA 94066

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.

April 18, 2018 (TM-LFS)
PERMICON PERMITS SERVICES, INC.
5301 Maryland Way, Brentwood, TN 37027

Application received for a change of control of Cambridge Mercantile Corp. (USA), located at 1359 Broadway, Suite 801, New York, New York 10018, filed by Permicon Permits Services, Inc., was approved on July 20, 2017.

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

April 9, 2018 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
2271 Route 33, Suite 106, Hamilton, NJ 08690

April 10, 2018 (MB-MBD)
Full Service Branch
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
1110 South Avenue, 2nd Floor, Suite 72, Staten Island, NY 10314

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

April 10, 2018 (BR-MBD)
Full Service Branch
Genpact Mortgage Services, Inc.
10401 Deerwood Park Boulevard, Building 1, Suite 1400, Jacksonville, FL 32256

Application to establish a Mortgage Banker's Branch received for examination, corrected to read:  Application to establish a Mortgage Broker’s Branch received for examination:

April 2, 2018 (BR-MBD)
Full Service Branch
A.S.A.P. Mortgage Corp.
708 3rd Avenue, 5th Floor, Office #CB149, New York, NY 10017

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

February 5, 2018

1659871

Matthew Paul Maguire

Haddon Twp

New Jersey

February 28, 2018

56096

James P Perrone

Wantagh

New York

March 2, 2018

1696974

Daniel Joseph Talbert

Allison Park

Pennsylvania

March 5, 2018

1652931

Charles Cristian Rusch

Harrison

New York

March 9, 2018

1280900

Christopher Jude Henwood

Morristown

New Jersey

March 12, 2018

1667829

Curtis Brady Wilson

Fulleron

California

March 13, 2018

1577232

Kwam Khashee Herring

Bethel Park

Pennsylvania

March 14, 2018

198892

Michael John Dell

Armonk

New York

March 21, 2018

1107115

John Kyung Yoo

Laguna Niguel

California

March 26, 2018

1489626

Christopher Eugene Behm

Fullerton

California

March 28, 2018

1675346

Michael Logan Guthard

Livonia

Michigan

March 28, 2018

1687981

Nizar Ashraf Alkhatib

Dearborn Heights

Michigan

March 28, 2018

1662862

Ashley Nicolette Rodriguez

Clinton Township

Michigan

March 28, 2018

1675958

Gabriella Maria Maniaci

Grosse Pointe Woods

Michigan

March 28, 2018

1687552

Christopher Thomas Hutchins

Detroit

Michigan

March 28, 2018

1067771

Pavel Konstantinovich Rusin

Ann Arbor

Michigan

March 28, 2018

1687584

Joseph David Fodell

Southgate

Michigan

March 28, 2018

866520

Anton Sergeyevich Akinshin

Irvine

California

March 28, 2018

1486844

Nadine Hammoud

Dearborn

Michigan

March 28, 2018

1687589

Sarah Ann-Catherine Pavleshyn

Dearborn Heights

Michigan

March 28, 2018

1645080

Marcia Edna Jackson

Fort Washington

Maryland

March 28, 2018

1687884

Dylan Joseph Seybert

Detroit

Michigan

March 28, 2018

1675117

Anthony Joseph Kachman

Warren

Michigan

March 28, 2018

1662481

Whitnie Paige Lanham

Harrison Township

Michigan

March 28, 2018

1663831

Iridian Maria Juarez-Tellez

Troy

Michigan

March 28, 2018

1687728

Umair Asif Rishi

Toledo

Ohio

March 28, 2018

1687595

Adam Christopher Peck

Howell

Michigan

March 28, 2018

1675478

Deonna Sarah-Octavia LeDuff

Pontiac

Michigan

March 28, 2018

1675319

Joel Andrew Fisher

Farmington Hills

Michigan

March 28, 2018

398054

Mark Allen Denicola

Scottsdale

Arizona

March 28, 2018

1663822

Tyler Jeffrey Hickey

Detroit

Michigan

March 28, 2018

1675484

Bailey Thomas Labadie

Grosse Pointe

Michigan

March 28, 2018

1675356

Joseph Edmund Jacoby

Eastpointe

Michigan

March 28, 2018

855716

Javier Mauricio Bermudez

Ridgefield

Connecticut

March 28, 2018

1687556

Timothy James Johnson

Madison Heights

Michigan

March 28, 2018

1674795

Ryan James Clark

Riverview

Michigan

March 28, 2018

1674613

Nathaniel Salvatore Hoge

Wyandotte

Michigan

March 28, 2018

1675477

Aubrey James Gibson

Dearborn Heights

Michigan

March 28, 2018

1674626

Nicholas Stephen Kleinhans

Richmond

Michigan

March 28, 2018

1662673

Yussef Fouad Ismail

Dearborn

Michigan

March 28, 2018

1662944

Dominic Joseph Tavalieri

St Clair Shores

Michigan

March 29, 2018

1675345

Jonathon Valentine Kocik

Clarkston

Michigan

March 29, 2018

1669739

Kalvin Dimitrious Chopra

Aliso Viejo

California

March 29, 2018

1687686

Kristen Ashley Hedges

Trenton

Michigan

March 29, 2018

1687617

Tiffany Rose Mora

Macomb

Michigan

March 29, 2018

1622653

Rita Hendel

Commerce Twp

Michigan

March 30, 2018

1023949

Katlyn Jun Weldon

Berkley

Michigan

March 30, 2018

1552455

Jonathan Jalyn Mueller

Detroit

Michigan

March 30, 2018

1615132

Mohamad Abbas Berro

Dearborn

Michigan

March 30, 2018

1011881

Halim Harb Yousef

Willoughby

Ohio

March 30, 2018

1675325

John Alexander Kimball

Howell

Michigan

April 2, 2018

1590092

Joseph Michael Kakoz

Southfield

Michigan

April 2, 2018

1332771

Ryan Earl Ferguson

Rockwood

Michigan

April 2, 2018

10006

Jason Robert Chastain

Saint Johns

Florida

April 2, 2018

1283827

Adam David Ruvelson

Irvine

California

April 2, 2018

1031662

Dennis Robert Works

Derby

Connecticut

April 2, 2018

1723683

Jonathan Makaravady Ouk

Columbia

Missouri

April 2, 2018

1726916

Brock Michael Christopher

Columbia

Missouri

April 3, 2018

1011896

Neil James Apolzan

Algonac

Michigan

April 3, 2018

179862

Ronald Michael Grollmus

Northville

Michigan

April 3, 2018

1709412

Jennifer K Hunter

Manorville

New York

April 3, 2018

203467

Karen Denise Genneken

Sanger

Texas

April 3, 2018

1677503

Sean David Copeland

Knoxville

Tennessee

April 3, 2018

1654818

Kevin Ray Osuna

Norman

Oklahoma

April 4, 2018

1627933

Nyklis Ryan Farris

Columbia

Missouri

SECTION II

March 23, 2018 (BK – CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Effective at the close of business April 6, 2018, the Superintendent has granted FINAL APPROVAL for “BANCO POPULAR NORTH AMERICA” to amend its Organization Certificate to change its name to “POPULAR BANK” under section 8005 of the New York Banking Law.

April 2, 2018 (LL-LFS)
KASHABLE, LLC
489 5th Avenue 18th Floor, New York, New York 10017  
License was issued to reflect the change of main address from 275 Madison Avenue - Suite 2014, New York, New York 10016 to 489 5th Avenue 18th Floor, New York, New York 10017. 
In connection with the above license issuance, the original license was surrendered.

April 5, 2018 (SB-CRB)
NORTHEAST COMMUNITY BANK
325 Hamilton Avenue, White Plains, NY 10601

Authorization issued to open and occupy a branch office at 1 Freeland Street, Monroe, Orange County, New York 10950, on or after April 5, 2018.

April 10, 2018 (TM-LFS)
MONEYCORP US INC.
56 Pine Street – Suite 600, Providence RI 02903
Application for the legal name change from Commonwealth Foreign Exchange, Inc. to Moneycorp US Inc. was approved effective April 10, 2018.

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

April 9, 2018 (MB-MBD)
SoFi Lending Corp.
650 Naamans Rd, Suite 300, Claymont, DE 19703
Effective Date: April 5, 2018

April 11, 2018 (BR-MBD)
S.I. Mortgage Group, Inc.
1678 Hylan Boulevard, Staten Island, NY 10305
Effective Date: April 5, 2018

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

April 11, 2018 (BR-MBD)
Absolute Home Mortgage Corporation
40 Park Avenue, Second Floor, Rutherford, NJ 07070
Effective Date: April 10, 2018

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

City

State

April 9, 2018

1627205

Princess Chizoba Onyebuchi

Ypsilanti

Michigan

April 9, 2018

1549673

Youngho Yoo

Hackensack

New Jersey

April 9, 2018

1448655

Kevin Lee Fink

Fort Worth

Texas

April 9, 2018

364206

Ines Menendez

Miami

Florida

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