Weekly Banking Bulletin

September 20, 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
September 12, 2024 (LL-LFS)
GRAMEEN AMERICA, INC.
82-11 37th Avenue, Suite 607, Jackson Heights, New York, New York 11372

Applications were received for licenses to operate branch office at:

93-22 Jamaica Ave, 2nd FL, Unit #3, Woodhaven, NY 11412

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

September 13, 2024 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY 
One M&T Plaza, Buffalo, NY 14203

Notice of intention to establish an electronic facility (automated teller machine) at 100 Motor Parkway, Hauppauge, Suffolk County, New York 11788, received.

September 18, 2024 (TM-LFS)
CONVERA USA, LLC    
7979 E. Tufts Ave, Suite 400, Denver, Colorado 80237

Notification received for the change of main address from 7979 E. Tufts Ave, Suite 400, Denver, Colorado 80237, to 7979 E. Tufts Ave, Suite 200, Denver, Colorado 80237. 

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:

September 18, 2024 (BR-MBD)
Applicant(s)
Zhu John Jianzhong
As: WS Capital
3808 Union St, Ste 11F, Flushing, NY 11354

September 18, 2024 (BR-MBD)
Applicant(s)
Lanni Vincent Anthony
As: Home Path Capital in lieu of Home Path Funding Inc D/B/A Home Path Capital
4949 Sugar Pie Dr, Schnecksville, PA 18078

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 17, 2024 (PF-LFS)
MONTHLY PREMIUM CORP.
200 Broadhollow Road, Suite 410, Melville, New York, 11747

The license to engage in business as a premium finance agency at the following location has been surrendered:

200 Broadhollow Road, Suite 410, Melville, New York, 11747

Effective August 21, 2024, Monthly Premium Corp. is no longer authorized to conduct premium finance business in the State of New York.

September 17, 2024 (FB-FWB)
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 
55 Fuxingmennei Avenue, Xicheng District, Beijing, People’s Republic of China

Approval given to change the location of branch from 725 Fifth Avenue, Borough of Manhattan, City of New York 10022 to 1185 Avenue of the Americas, Borough of Manhattan, City of New York 10036, on or after September 18, 2024.
 

Application to establish a Mortgage Banker's Branch received for examination 7/31/2024, has been withdrawn:

August 7, 2024 (MB-MBD)
Full Service Branch
NewRez LLC
2900 S. Diablo Way, Building A, Suite 100, Tempe, AZ 85282

Application to establish a Mortgage Banker’s Branch received for examination on August 22, 2024, has been withdrawn:

September 18, 2024 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
1244 Hamilton Street, Suite 200, Allentown, PA 18102

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

September 18, 2024 (MB-MBD)
Hudson United Mortgage LLC
95 South Middletown Road, Suite B, Nanuet, NY 10954
Effective Date: August 5, 2024

September 18, 2024 (MB-MBD)
Pulte Mortgage LLC
7390 South Iola Street, Englewood, CO 80112
Effective Date: August 9, 2024

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

September 18, 2024 (BR-MBD)
Pyramid Capital Group, Inc.
26 Village Green, Suite 10, Bedford, NY 10506
Effective Date: August 12, 2024

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

September 18, 2024 (MS-MBD)
Gregory Funding LLC
13190 SW 68th Parkway, Suite 200, Tigard, OR 97223
Effective Date: August 29, 2024

Mortgage Broker Certificate Address Changes:
 

September 18, 2024 (BR-MBD)
Sourcepoint Solutions in lieu of Sourcepoint, Inc.
From: 2475 Palm Bay Rd NE, Suite 230, Palm Bay, FL 32905
To: 2330 Commerce Park Dr NE, Suite 2, Palm Bay, FL 32905

Mortgage Banker Branch License Address Changes:
 

September 17, 2024 (MB-MBD)
PHH Mortgage Corporation
From: 7460 Warren Parkway, Suite 100 Office #123, Frisco, TX 75034
To: 7460 Warren Parkway, Suite 100 Office #126, Frisco, TX 75034

September 17, 2024 (MB-MBD)
Guaranteed Rate, Inc.
From: 1001 Farmington Ave., 2nd Floor, West Hartford, CT 06107
To: 176 Laning Street, Suite 2, Southington, CT 06489

September 18, 2024 (MB-MBD)
Cardinal Financial Company, Limited Partnership
From: 3285 Veterans Memorial Hwy, Ste A-14B, Ronkonkoma, NY 11779
To: 570 Expressway Dr S, Ste 202, Medford, NY 11763

September 18, 2024 (MB-MBD)
East Coast Capital Corp.
From: 270 Jericho Turnpike, Floral Park, NY 11001
To: 515 Herricks Road, Suite 4, New Hyde Park, NY 11040

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: