Weekly Banking Bulletin

May 10, 2024

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 email to [email protected].

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

Regulatory Unit Codes

SECTION I

April 30, 2024 (CU-CRB)
SUNMARK CREDIT UNION
1187 Troy Schenectady Road, Latham, NY 12110

Application dated April 25, 2024, for permission to change the location of its station from 1847 Central Avenue, Albany, Albany County, NY 12205 to 151 Vly Road, Schenectady, Schenectady County, NY  12309, received.

May 1, 2024 (TR-CRB)
DIME COMMUNITY BANK
2200 Montauk Highway, Bridgehampton, NY 11932

Application dated May 1, 2024, for permission to open and occupy a branch office at 55 Church Street, Suite 430, White Plains, Westchester County, NY 10601, received.

(The activities of this branch office will be limited to the opening of new accounts and depositing of checks for customers.)

May 6, 2024 (SB-CRB)
APPLE BANK
122 East 42nd Street, New York, NY 10168

Application dated May 6, 2024, for permission to open and occupy a branch office at 2626 Hylan Boulevard, Borough of Staten Island, City of New York 10306, received.

May 7, 2024 (SF-LFS)
HY CITE ENTERPRISES, LLC       
3252 PLEASANT VIEW ROAD, MIDDLETON, WI 53562    

Application was received for the direct parent of the licensee, Hy Cite Corporation to establish an employee stock ownership plan (“HC Employee Stock Ownership Trust”).

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.

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

May 8, 2024 (BR-MBD)
Applicant(s)
Martino James Michael
As: Dead Pledge Brokers, Inc.
2556 Motor Parkway, Ronkonkoma, NY 11779

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.

SECTION II

April 19, 2024 (BK-FWB)
WOORI AMERICA BANK 
330 Fifth Avenue, New York, NY 10001

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 9610 Long Point Road, #340, Houston, Harris County, Texas 77055.

May 2, 2024 (TR-CRB)
THE ADIRONDACK TRUST COMPANY
473 Broadway, Saratoga Springs, New York 12866

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 51 Luther Forest Boulevard, Town of Malta, Saratoga County, New York 12118, will not result in a significant reduction of financial services in the community to be affected.

May 3, 2024 (LP-RID)
FIREBLOCKS TRUST COMPANY, LLC
441 9th Avenue, Floor 15, Suite A, New York, NY 10001

Articles of Organization filed for examination.

Certificate issued to engage in the business as a Mortgage Loan Servicer under Article 12-D of the New York Banking Law:

May 8, 2024 (MS-MBD)
Morgan Stanley Mortgage Capital Holdings LLC
1585 Broadway, New York, NY 10036

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

May 8, 2024 (MB-MBD)
Full Service Branch
United Mortgage Corp.
246 Clifton Avenue, 2nd FL, Suite 23, Clifton, NJ 07011

May 8, 2024 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
2468 Niagara Falls Blvd., Suite 5A, Tonawanda, NY 14150

May 8, 2024 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
1000 William Hilton Parkway, Suite 205, Hilton Head Island, SC 29928

May 8, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
132 Monroe Turnpike, Suite 1B, Trumbull, CT 06611

May 8, 2024 (MB-MBD)
Full Service Branch
Total Mortgage Services, LLC
65 LaSalle Road, Suite 405, West Hartford, CT 06107

Certificate to engage in the business of a Mortgage Loan Servicer surrendered:

May 7, 2024 (MS-MBD)
Planet Home Lending, LLC
321 Research Parkway, Meriden, CT 06450
Effective Date: March 7, 2024

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

May 3, 2024 (MB-MBD)
Nationwide Mortgage Bankers, Inc.
655 Kearny Ave., Suite 202, Kearny, NJ 07032
Effective Date: April 16, 2024

May 6, 2024 (MB-MBD)
Everett Financial, Inc.
44 Oak St. #100, Plattsburgh, NY 12901
Effective Date: April 29, 2024

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

May 7, 2024 (MS-MBD)
Planet Home Lending, LLC
120 Erie Canal Drive, Suite 240, Rochester, NY 14626
Effective Date: March 7, 2024

May 7, 2024 (MS-MBD)
Planet Home Lending, LLC
265 Broad Hollow Road, Suite 100, Melville, NY 11747
Effective Date: March 7, 2024

May 7, 2024 (MS-MBD)
Planet Home Lending, LLC
2002 North Lois Avenue, Suite 800, Tampa, FL 33607
Effective Date: March 7, 2024

May 7, 2024 (MS-MBD)
Planet Home Lending, LLC
4120 Dublin Boulevard, Suite 150, Dublin, CA 94568
Effective Date: March 7, 2024

Mortgage Banker License Address Changes:

May 2, 2024 (MB-MBD)
East Coast Capital Corp.
From: 25 Melville Park Road, Suite 200, Melville, NY 11747
To: 2 Corporate Center Drive, Suite 110, Melville, NY 11747

Mortgage Banker Branch License Address Changes:

May 2, 2024 (MB-MBD)
East Coast Capital Corp.
From: 35 Pinelawn Road, Suite 205 W, Melville, NY 11747
To: 75 Virginia Road, Suite 2, North White Plains, NY 10603

May 7, 2024 (MB-MBD)
Freedom Mortgage Corporation
From: 10500 Kincaid Drive, Suite 300, Fishers, IN 46037
To: Exit Five 4, 11988 Exit Five Parkway, Fishers, IN 46037

May 7, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
From: 5601 Mariner St., Suite 101, Tampa, FL 33609
To: 205 S. Hoover Blvd., Suite 203, Tampa, FL 33609

May 7, 2024 (MB-MBD)
Cardinal Financial Company, Limited Partnership
From: 10 Fairway Dr, Ste 305, Deerfield Beach, FL 33441
To: 10 Fairway Dr, Ste 222, Deerfield Beach, FL 33441