Weekly Banking Bulletin

October 25, 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
 

October 18, 2024 (TM-LFS)
MERCARI, INC. 
3101 Park Blvd., Suite 01-103, Palo Alto, California 94306
Notification received for the change of headquarter location from 3101 Park Blvd., Suite 01-103, Palo Alto, California 94306 to 3000 El Camino Real, Suite 5-150, Palo Alto, California 94306
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.

October 22, 2024 (LL-LFS)
AMERICAN HONDA FINANCIAL CORPORATION; D/B/A HONDA FINANCIAL SERVICES; D/B/A ACURA FINANCIAL SERVICES
1919 Torrance Blvd., Torrance, CA 90501

Application received for a license to engage in business as a licensed lender.

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 establish a Mortgage Banker's Branch received for examination:

October 17, 2024 (MB-MBD)
Full Service Branch
General Mortgage Capital Corporation
1981 Lincoln Hwy, 1st Floor, Edison, NJ 08817

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

August 23, 2024 (SF-LFS)
AccessOne MedCard, Inc. DBA AccessOne       
885 Gold Hill Road, Suite 217, Fort Mill, SC 29708

License rider was issued to reflect the change of main address from 360 Kingsley Park Drive, Suite 300, Fort Mill, SC 29715 to 885 Gold Hill Road, Suite 217, Fort Mill, SC 29708.

October 16, 2024 (BK – CRB)
CATSKILL HUDSON BANK
95 Schwenk Drive, Kingston, NY 12401

The “CERTIFICATE OF AMENDMENT OF THE ORGANIZATION CERTIFICATE OF CATSKILL HUDSON BANK UNDER SECTION 8005 OF THE BANKING LAW” dated as of March 19, 2024, was approved and filed with the Office of the Superintendent of Financial Services on October 16, 2024.  

The amendment provides for an increase in the capital stock of the bank from Three Million Dollars ($3,000,000) to Three Million Five-Hundred Thirty Thousand Dollars ($3,530,000) representing the addition of One-Hundred Six Thousand (106,000) shares of common stock of par value of five dollars ($5.00) each.

October 17, 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, approved.

October 21, 2024 (FB-FWB)
ALLIED IRISH BANKS, P.L.C. 
10 Molesworth Street, Dublin 2, D02 R126, Ireland

Approval given to change the location of branch from 1345 Avenue of the Americas, Borough of Manhattan, City of New York 10105 to 825 Third Avenue, Borough of Manhattan, City of New York 10022, on or after October 22, 2024.

October 21, 2024 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY 
One M&T Plaza, Buffalo, NY 14203

Authorization issued to open and occupy a branch office at 850 Park Shore Drive, Naples, Collier County, Florida 34103, on or after October 22, 2024.

October 23, 2024 (CU-CRB)
AMERICU credit union
1916 Black River Boulevard, Rome, NY 13440

Approval given to open and maintain a station at 722 West Broadway, Fulton, Oswego County, NY  13069 on or after October 24, 2024.

October 24, 2024 (MI-CRB)
CITIZENS & NORTHERN BANK
90-92 Main Street, Wellsboro, PA 16901

Notification received, in accordance with Supervisory Policy G 8, of the relocation of a representative office from 250 E. Water Street, Elmira, Chemung County, New York 14901 to 110 Baldwin Street, Elmira, Chemung County, New York 14901, effective December 2, 2024.

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

October 23, 2024 (MB-MBD)
Full Service Branch
General Mortgage Capital Corporation
1521 Westbranch Dr, Suite 120, McLean, VA 22102

October 23, 2024 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
3640 Route 94, Suite F, Hamburg, NJ 07419

October 23, 2024 (MB-MBD)
Full Service Branch
Prosperity Home Mortgage, LLC
350 Highway 35, Suite 1, Red Bank, NJ 07701

October 23, 2024 (MB-MBD)
Full Service Branch
General Mortgage Capital Corporation
3883 Rogers Bridge Road, Unit 402A, Duluth, GA 30097

October 23, 2024 (MB-MBD)
Full Service Branch
General Mortgage Capital Corporation
812 60th St, Unit 4r, Brooklyn, NY 11220

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

October 22, 2024 (MB-MBD)
General Mortgage Capital Corporation
135-15 40th Rd, Unit 302, Flushing, NY 11354
Effective Date: October 18, 2024

October 22, 2024 (MB-MBD)
Guaranteed Rate, Inc.
2754 NW Crossing Drive, Suite 203, Bend, OR 97703
Effective Date: October 18, 2024

Mortgage Banker License Address Changes:
 

October 17, 2024 (MB-MBD)
NewRez LLC  D/B/A Rate30
Shellpoint Mortgage Servicing
From: 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034
To: 601 Office Center Drive, Suite 100, Fort Washington, PA 19034

Mortgage Broker Certificate Address Changes:
 

October 22, 2024 (BR-MBD)
Block Financial Resources LLC
From: 1123 Broadway Suite 921, New York, NY 10010
To: 1700 North Dixie Highway Suite 151, Boca Raton, FL 33432

Mortgage Banker Branch License Address Changes:
 

October 17, 2024 (MB-MBD)
NewRez LLC
From: 2100 E Elliot Road, Suite A, Tempe, AZ 85284
To: 2116 E. Achieve Way, 2nd Floor, Tempe, AZ 85288

October 22, 2024 (MB-MBD)
American Financial Network, Inc.
From: 770 The City Drive, Suite 1100, Orange, CA 92868
To: 770 The City Drive, Suite 2000, Orange, CA 92868

October 23, 2024 (MB-MBD)
PennyMac Loan Services, LLC
From: 251 South Lake Avenue, Suite 600, Pasadena, CA 91101
To: 251 South Lake Avenue, Suites 500 and 600, Pasadena, CA 91101

Mortgage Broker Branch Certificate Address Changes:
 

October 22, 2024 (BR-MBD)
Block Financial Resources LLC
From: 2405 Quantum Blvd., Suite 201, Boynton Beach, FL 33426
To: 1123 Broadway Suite 921, New York, NY 10010

October 17, 2024 (MES-MBD)
NewRez LLC
From: 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034
To: 601 Office Center Drive, Suite 100, Fort Washington, PA 19034

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: