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New York State Department of Financial Services

Weekly Banking Bulletin

October 12, 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

October 12, 2018 (TM-LFS)
CHOICE MONEY TRANSFER, INC.
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

Application for a change of control whereby SW Bidco Limited will acquire 100 percent of the parent company of Choice Money Transfer, Inc. was received.

The publication of receipt of this application does not indicate that the application is complete.  An application is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.

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

October 5, 2018 (MB-MBD)
Full Service Branch
Caliber Home Loans, Inc.
151 Southhall Lane, Suite 170, Maitland, FL 32751

Article 12-E Applications received.  Individuals listed may not engage in mortgage loan origination activities prior to the approval of their applications 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

April 25, 2018

1718179

Rivpreet Arora

Princeton

New Jersey

July 31, 2018

1730486

Albert Abbatiello

Scarsdale

New York

August 27, 2018

1237718

Allen Sabah Kirma

Clinton Twp

Michigan

August 27, 2018

1743456

Mitchel Charles Angelino

Coram

New York

August 29, 2018

1718443

Daniel Salvatore Andriulli

Saddle Brook

New Jersey

September 13, 2018

1289348

Kevin Michael O'Laughlin

Pittsburgh

Pennsylvania

September 19, 2018

1711790

Richard Douglas West

Columbus

New Jersey

September 21, 2018

63875

Mayer Abraham Gross

Monroe

New York

September 21, 2018

150886

Allen G. Munier

Long Beach

New York

September 24, 2018

1594804

Mitchell Alan Viner

Los Angeles

California

September 25, 2018

391469

John Charles Jackson

Aliso Viejo

California

September 25, 2018

1420590

Theodore Allen Brackez

Huntington Beach

California

September 28, 2018

32714

Thomas Charles Holden

Fairless Hills

Pennsylvania

September 28, 2018

1206751

Jeremy Scott Hill

Lawnside

New Jersey

October 1, 2018

225143

Eric Russell Ellsworth

Placerville

California

October 1, 2018

1198979

Hujun Peng

Forest Hills

New York

October 1, 2018

1738536

Ismail Sadik Kolya

Bronx

New York

October 1, 2018

1762565

Mikayla Camurungan Pascual

Warren

Michigan

October 1, 2018

1762655

Andrew James Nodarse

Detroit

Michigan

October 1, 2018

1763785

John Christopher Chase

Royal Oak

Michigan

October 1, 2018

1771066

Yianni Elias Koumariotis

Northville

Michigan

October 1, 2018

1771110

Andrew James Knox

White Lake

Michigan

October 1, 2018

1771156

Timothy Scott Bundy

Dundee

Michigan

October 1, 2018

1771409

Stephen Frederick Howard

Southgate

Michigan

October 1, 2018

1771482

Karyn S. Folbe

West Bloomfield

Michigan

October 1, 2018

1779174

Zachary Adam Schmitt

Columbia

Missouri

October 2, 2018

1687651

Miguel Angel Guzman

Saginaw

Michigan

October 2, 2018

1753733

Brian Arnoldy

Rockwood

Michigan

October 2, 2018

1762617

Jacob Matthew Hayes

Troy

Michigan

October 2, 2018

1763194

Christina Majida Karadsheh

Plymouth

Michigan

October 2, 2018

1763582

Taylor David Kok

Southgate

Michigan

October 2, 2018

1771037

Adam Daniel Wilson

Warren

Michigan

October 2, 2018

1771049

Lavonte Malone Robinson

Ypsilanti

Michigan

October 2, 2018

1771060

Madeleine Deanna Gazzolo

Birmingham

Michigan

October 2, 2018

1771061

Moustapha Ibrahim Harajli

Dearborn

Michigan

October 2, 2018

1771063

Malcolm Del Pruitt

Detroit

Michigan

October 2, 2018

1771097

Jessica Ann Hart

Detroit

Michigan

October 2, 2018

1771122

John Peter Bosio

Plymouth

Michigan

October 2, 2018

1771162

Brendan Michael Lindberg

Howell

Michigan

October 2, 2018

1771209

Peter Robert Cox

Fenton

Michigan

October 2, 2018

1771400

Elias Najah Jamil

Rochester Hills

Michigan

October 2, 2018

1771415

Rachel Elizabeth Lock

White Lake

Michigan

October 2, 2018

1771615

Brent Alan Elliott

Taylor

Michigan

October 2, 2018

1771622

Cameren Dean Leedy

Trenton

Michigan

October 2, 2018

1771638

Connor Evan Grant

Detroit

Michigan

October 2, 2018

1771643

Daniel Joseph Gamalski

Sterling Heights

Michigan

October 3, 2018

383944

Michael Joseph Reynolds

Silver Spring

Maryland

October 3, 2018

1280864

Alexander Stephen Orosz

Newport Beach

California

 

SECTION II

October 4, 2018 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at Rutter's Farm Store #83, 3000 Sixth Avenue, Altoona, Blair County, PA 16602.

October 9, 2018, (PF-LFS)
CONMAC FUNDING CORP. - an entity licensed as an Insurance Premium Finance Agency
900 Business Drive, Suite 106, East Stroudsburg, PA 18302
Formerly Located at:
181 Old Country Road, Hicksville, NY 11801

The license of Conmac Funding Corp. was revoked, effective October 9, 2018.

October 9, 2018
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Certificate of Authorization issued July 24, 2018, to transact the business of Private Bankers revoked, effective October 9, 2018.

October 9, 2018 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Authorization to transact the business of Private Bankers issued, effective October 9, 2018.

GENERAL PARTNERS/CLASS 1 LIMITED PARTNERS

Thomas E. Berk Jeffrey B. Meskin
Brian A. Berris Yukinori Nagahisa
Taylor S. Bodman Sean Pairceir
John J. Borland Jean-Pierre Paquin
Geoffrey M. Cook Christopher C. Remondi
Jean-Marc Crepin William E. Rosensweig
Douglas A. Donahue, Jr. Jeffrey A. Schoenfeld
Dario Galindo Kevin W. Stone
Kathryn C. George W. Carter Sullivan III
Timothy E. Hartch Andrew J. F. Tucker
Charles O. Izard William B. Tyree
Michael R. Keller Maroa C. Velez
Radford W. Klotz William J. Whelan, Jr.
Susan C. Livingston Richard H. Witmer, Jr.
Hampton S. Lynch, Jr.

CLASS 2 LIMITED PARTNERS

Timothy J. Connelly Jeffrey R. Holland
Carl S. Cutler Jared S. Keyes
Anthony T. Enders T. Michael Long
Alexander T. Ercklentz Michael W. McConnell
John A. Gehret John P. Molner
Elbridge T. Gerry, Jr. Donald B. Murphy
Kristen F. Giarrusso John A. Nielson
Kyosuke Hashimoto Eugene C. Rainis
Ronald J. Hill A. Heaton Robertson III
Landon Hilliard Lawrence C. Tucker

Permanent capital: $575,000,000.

(These Private Bankers are already under the supervision of the Department.  New Certificate issued by reason of the death of Terrence M. Farley, a Class 2 Limited Partner.)

October 11, 2018 (PF-LFS)
STETSON INSURANCE FUNDING, LLC
180 North Stetson Avenue, Suite 4600, Chicago, IL 60601

Application filed by Stetson Insurance Funding, LLC to engage in doing business as a Premium Finance Company located at 180 North Stetson Avenue, Suite 4600, Chicago, IL 60601 was approved effective October 10, 2018.

October 12, 2018 (TR-CM)
ANTHOS TRUST COMPANY, LLC
245 Park Avenue, 32nd Floor, New York, N.Y. 10167

Approval given to change the principal office from 245 Park Avenue, 32nd Floor, New York, N.Y., Borough of Manhattan, City of New York 10167 to 1001 Avenue of the Americas, Suite 1501, Borough of Manhattan, City of New York 10018.

October 12, 2018 (CC-LFS)
CASTLEWAY FINANCIAL, INC D/B/A E-Z CHECK CASHING
372A Connecticut Street, Buffalo, NY 14213

Application for a change of control to sell 33% of the applicant’s outstanding shares each to Sujel Amin and Ashish Patel while Lance Rozell retains 34% approved.

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

October 10, 2018 (MB-MBD)
New Penn Financial, LLC D/B/As:
Rate30
Shellpoint Mortgage Servicing
600 Highway 169 South, Suite 550, St. Louis Park, MN 55426
Effective Date: October 5, 2018

Mortgage Banker Branch License Address Changes:

October 4, 2018 (MB-MBD)
1st Priority Mortgage, Inc.
From: 66 South Street, Suite A, Auburn, NY 13021
To: 161 Genesee Street, Suite 200A, Auburn, NY 13021

The following Registered Mortgage Broker has entered into a Settlement Agreement with the Department on October 1, 2018, in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Sections 410 and 420 of the Superintendent’s Regulations and Section 380-b of the New York General Business Law (Fair Credit Reporting Act) for failure to maintain accurate information on the application log; failure to maintain a copy of the HUD-1; failure to adequately monitor the loan originating activities of its mortgage loan originator (“MLO”); and failure to provide proper disclosures prior to ordering credit reports.  Part 410.7(a) of the Superintendent’s Regulations states that every mortgage broker shall establish and maintain a log which should contain all required information and be updated daily. Section 410.7(f) of the Superintendent’s Regulations requires each mortgage broker to maintain a copy of the HUD-1 in each loan file. Part 420.18(a)(2) of the Superintendent’s Regulations requires a registrant to determine that as a condition of employment a MLO will “engage in mortgage loan originating honestly, fairly and efficiently.” Section 380-B(b) of the New York General Business Law (NY Fair Credit Reporting Act) provides that no persons shall request a consumer report unless the applicant is first informed in writing or in the same manner in which the application was made.  The Settlement Agreement terms and conditions include a fine of $2,500.

October 9, 2018 (BR-MBD)
Superior Mortgage Co., Inc.
578 Route 32, Highland Mills, NY 10930

Application for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individual 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

October 4, 2018

865437

Robert Sivori

Saddle River

New Jersey

 

 

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