Weekly Banking Bulletin

September 6, 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 30, 2024 (SB-CRB)
RONDOUT SAVINGS BANK
300 Broadway, Kingston, NY 12401

Notice of intention to close branch office at 130 Schwenk Drive, Kingston, Ulster County, New York 12401, received.

The comment period on this notice will expire October 7, 2024.

September 3, 2024 (MI-CRB)
HANOVER BANCORP, INC. (MARYLAND)
80 East Jericho Turnpike, Mineola, NY 11501

Application, pursuant to Section 143-a of the Banking Law, to acquire all the outstanding shares of Hanover Community Bank, Garden City Park, New York, received.

The comment period on this application will expire on October 7, 2024.

September 5, 2024 (TM-LFS)
OMNEX GROUP, INC. D/B/A FLEXIENVIOS BHD, D/B/A GIROMEX, D/B/A LE GOI TIEN LE, D/B/A SHAREMONEY, D/B/A UNO MONEY TRANSFERS 
580 Sylvan Avenue, Suite LL-A, Englewood Cliffs, NJ 07632

Notification is received for the change of location from 580 Sylvan Avenue, Suite LL-A, Englewood Cliffs, NJ 07632 to 580 Sylvan Avenue, Suite M-J, Englewood Cliffs, NJ 07632.

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.

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

September 4, 2024 (FB-FWB)
INDUSTRIAL BANK OF KOREA
79 Eulji-ro, Jung-gu, Seoul, Republic of Korea

Approval given to change, temporarily, the location of branch from 1250 Broadway, Borough of Manhattan, City of New York 10001 to 875 Third Avenue, Borough of Manhattan, City of New York 10022, on or after September 5, 2024.

September 6, 2024 (LP-RID) 
STANDARD CUSTODY & TRUST COMPANY, LLC
155 West 23rd Street, 8th Floor, New York, NY 10011

Application dated August 8, 2024 pursuant to Supervisory Procedure G 105 to change the location of principal office from 155 West 23rd Street, 8th Floor, New York, NY 10011 to 111-119 West 19th Street, 6th Floor, New York, NY 10011, received. (This trust company is presently operating at temporary quarters at 155 West 23rd Street, 8th Floor, New York, NY 10011).

September 6, 2024 (CC-LFS)
DAVID’S MONEY CENTERS OF ROCKLAND, LLC
57-59 Route 9W South, West Haverstraw, NY 10993

An application to relocate a licensed casher of checks headquarter from 3015 Third Avenue, Bronx, NY 10455 to 57-59 Route 9W South, West Haverstraw, NY 10993 was approved.

September 6, 2024 (CC-LFS)
DAVID’S MONEY CENTERS OF ROCKLAND, LLC
57-59 Route 9W South, West Haverstraw, NY 10993

An application was approved to relocate a licensed casher of checks from 76 East Route 59, Nanuet, NY 10954 to 211B West Route 59, Nanuet, NY 10977.

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

September 4, 2024 (BR-MBD)
Full Service Branch
Go Rascal Inc.
521 Route 304, Building 1 Office 101, Bardonia, NY 10954

September 4, 2024 (BR-MBD)
Full Service Branch
Quintessential Mortgage Group, LLC
42 Old Ridgebury Road, Suite 202, Danbury, CT 06810

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

August 29, 2024 (MB-MBD)
Rocket Mortgage, LLC
139 Old Riverhead Road, Westhampton Beach, NY 11978
Effective Date: June 20, 2024

August 29, 2024 (MB-MBD)
Rocket Mortgage, LLC
231 S Plank Rd, Suite 1, Newburgh, NY 12550
Effective Date: June 20, 2024

August 29, 2024 (MB-MBD)
Rocket Mortgage, LLC
409 South Union Street, Spencerport, NY 14559
Effective Date: June 20, 2024

August 29, 2024 (MB-MBD)
Cardinal Financial Company, Limited Partnership
10 Waterview Blvd, Ste 300, Parsippany, NJ 07054
Effective Date: August 19, 2024

September 3, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
401 Hackensack Avenue, 8th Floor, Suite 804, Hackensack, NJ 07601
Effective Date: August 28, 2024

September 3, 2024 (MB-MBD)
Movement Mortgage, LLC
5411 N. University Drive, Suite 203, Coral Springs, FL 33067
Effective Date: August 23, 2024

Mortgage Banker License Address Changes:
 

September 4, 2024 (MB-MBD)
Funding Resources Mortgage Corporation D/B/A FundRes Mortgage
From: 777 Passaic Avenue, Suite 220, Clifton, NJ 07012
To: 777 Passaic Avenue, Suite 280, Clifton, NJ 07012

Mortgage Banker Branch License Address Changes:
 

September 4, 2024 (MB-MBD)
Carrington Mortgage Services, LLC
From: 931 Jefferson Boulevard, Suite 3002, Warwick, RI 02886
To: 100 Midway Road, Suite 2102, Cranston, RI 02920

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: