Weekly Banking Bulletin

August 9, 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:

SECTION I

June 7, 2024 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY 
One M&T Plaza, Buffalo, New York 14203
PEOPLE’S UNITED SUBSIDIARY HOLDINGS, INC.
850 Main Street, Bridgeport, Connecticut 06604

Application, pursuant to Section 601 of the Banking Law, for People’s United Subsidiary Holdings, Inc. to merge with and into Manufacturers and Traders Trust Company, under the name Manufacturers and Traders Trust Company, received.

July 12, 2024
MANUFACTURERS AND TRADERS TRUST COMPANY 
One M&T Plaza, Buffalo, New York 14203
M&T CAPITAL AND LEASING CORPORATION
850 Main Street, Bridgeport, Connecticut 06604

Application, pursuant to Section 601 of the Banking Law, for M&T Capital and Leasing Corporation to merge with and into Manufacturers and Traders Trust Company, under the name Manufacturers and Traders Trust Company, received.

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

August 7, 2024 (BR-MBD)
Applicant(s)
Levison Henry Michael
Levison Matthew Bryce
Maddox Keith Gordon
Solomon Todd Keith
As: Delmar Financial Company
1066 Executive Parkway, Suite 100, St. Louis, MO 63141

August 7, 2024 (BR-MBD)
Applicant(s)
DeSimone Serafino Dominic
As: DeSimone Capital Group LLC
191 Hewlett Ave Suite A, Merrick, NY 11566

August 7, 2024 (BR-MBD)>
Applicant(s)
Sputz Yisrael
As: Rateway Inc.
1900 Glades Road, Suite 500-04, Boca Raton, FL 33431

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

August 7, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
1499 Union Valley Rd, Suite 2, West Milford, NJ 07480

August 7, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
4770 Biscayne Blvd, Ste 780, Miami, FL 33137

August 7, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
55 Walls Dr, Suite 201, Fairfield, CT 06824

August 7, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
1010 5th Avenue N, #101-K, Surfside Beach, SC 29575

August 7, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
304 Federal Rd, Suite 106, Brookfield, CT 06804

August 7, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
352 Ave C, Storefront, Bayonne, NJ 07002

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.