Weekly Banking Bulletin

August 23, 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

August 19, 2024 (BK-CRB)
SPRING BANK
69 East 167th Street, Bronx, NY, 10452

Application dated August 14, 2024, for permission to open and occupy a branch office at 356 Van Brunt Street, Borough of Brooklyn, City of New York 11231, received.

August 21, 2024 (TM-LFS)
BAKKT MARKETPLACE, LLC  
10000 Avalon Boulevard, Suite 1000, Alpharetta, Georgia 30009

Notification is received for the change of legal name from Bakkt Marketplace, LLC to Bakkt Crypto Solutions, LLC.

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.

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

From: 
May 17, 2023 (BR-MBD)
Applicant(s) 
Rahreese Kenchen
As: Empire Funding LLC
80 Larkfield Rd., East Northport, NY 11731

To:
August 16, 2024 (BR-MBD)
Applicant(s)
Rahreese Kenchen
As: Empire Capital
80 Larkfield Rd., East Northport, NY 11731

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

August 21, 2024 (BR-MBD)
Full Service Branch
Quintessential Mortgage Group, LLC
42 Old Ridgebury Road, Suite 202, Danbury, CT 06810

August 21, 2024 (BR-MBD)
Full Service Branch
Go Rascal Inc.
521 Route 304, Building 1 Office 101, Bardonia, NY 10954

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:
 

August 20, 2024 (MB-MBD)
Applicant(s) 
Anthony Simone Marino
Cypress Employee Feeder LLC
Cypress Management Holdco LLC
Cypress Parent LLC
Demosthenes Vasilios Vardiabasis
Jesse Kane Bray
Margaret Mary Curl
Maria Justo
Nationstar Mortgage LLC
To acquire interest in:
Rushmore Loan Management Services LLC D/B/A Rushmore Correspondent Lending Services
11511 Luna Road, Suite 625, Farmers Branch, TX 75234

Mortgage Banker License Name Change Received:
 

August 19, 2024 (MB-MBD)

From:  PrimeLending, A PlainsCapital Company DBA PrimeLending

To:  PrimeLending, A PlainsCapital Company DBA PrimeLending
Loanplicity

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 ll

August 19, 2024 (BK-CRB)
HANOVER COMMUNITY BANK
2131 Jericho Turnpike, Garden City Park, NY 11040

Authorization issued to open and occupy a branch office at One North Country Road, Port Jefferson, Suffolk County, New York 11777, on or after August 20, 2024.

August 19, 2024 (FR-FWB)
CACEIS BANK 
89-91, rue Gabriel Péri, 92120 Montrouge, France

Application, pursuant to Section 221-d of the Banking Law, to establish and maintain a representative office at 1301 Avenue of the Americas, Borough of Manhattan, City of New York 10019, approved.

August 20, 2024 (TM-LFS)
VIAMERICAS NEW YORK CORPORATION DBA VIANEX
2100 Ponce De Leon Boulevard, PH-2, Coral Gables, FL 33134

Application for use of dba Vianex was approved effective August 20, 2024.
______________________________________________________________________________

August 20, 2024 (TM-LFS)
ZERO HASH LLC    
327 N. Aberdeen St., Chicago, IL 60607-1202

Application for the change of location from 327 N. Aberdeen St., FL 1, Chicago, IL 60607-1202 to 327 N. Aberdeen St., Chicago, IL 60607-1202 was approved effective August 20, 2024.

August 21, 2024 (BK-CRB)
SPRING BANK
69 East 167th Street Bronx, NY 10452

Authorization issued December 27, 2023, granting permission to open and occupy a branch 
office at 1071 Fulton Street, Borough of Brooklyn, City of New York 11238, surrendered for cancellation.

This office was never operational.

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

August 20, 2024 (MB-MBD)
Full Service Branch
Reliant Home Funding, Inc.
3040 Avenue U, Suite 2A, Brooklyn, NY 11229

August 20, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
55 Walls Dr, Suite 201, Fairfield, CT 06824

August 20, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
304 Federal Rd, Suite 106, Brookfield, CT 06804

August 20, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
1010 5th Avenue N, #101-K, Surfside Beach, SC 29575

August 20, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
4770 Biscayne Blvd, Ste 780, Miami, FL 33137

August 20, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
352 Ave C, Storefront, Bayonne, NJ 07002

August 20, 2024 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
1499 Union Valley Rd, Suite 2, West Milford, NJ 07480

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

August 21, 2024 (MB-MBD)
Draper and Kramer Mortgage Corp.
1431 Opus Place, Suite 200, Downers Grove, IL 60515-1164
Effective Date: July 26, 2024

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

August 21, 2024 (BR-MBD)
Dovetail Funding Solutions, LLC
1776 East Jericho Turnpike, Suite 3A, Huntington, NY 11743
Effective Date: July 20, 2024

Mortgage Broker Certificate Address Changes:
 

August 20, 2024 (BR-MBD)
Acorn Funding Group, Inc.
From: 7100 Camino Real, Suite 303, Boca Raton, FL 33433
To: 124 Cedarhurst Ave, Suite 5, Cedarhurst, NY 11516

Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York Banking Law. 

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: