Weekly Banking Bulletin

December 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

December 2, 2024 (TM-LFS)
FLYWIRE GLOBAL CORP.
141 Tremont St., 10th Floor, Boston, MA. 02111

Application received for a license to engage in business as a transmitter of money company at 
141 Tremont St., 10th Floor, Boston, MA 02111.

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.

December 3, 2024 (MI-CRB)
FIRST CENTRAL BANCORP, INC. 
70 Glen Street, Glen Cove, NY 11542

Application, pursuant to Section 143-a of the Banking Law, to acquire all the outstanding shares of First Central Savings Bank, Glen Cove, New York, received.

The comment period on this application will expire on January 3, 2025.

December 5, 2024 (SF-LFS)
ROADRUNNER FINANCIAL, INC 
116 West 32nd St., 9th Floor, New York, New York, NY 10001

Notification received for a change of main address from 116 West 32nd St., 9th Floor, New York, New York, NY 10001 to 4851 Regent Boulevard, Suite 300, Irving, Dallas, TX 75063.

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.

December 5, 2024 (SF-LFS)
MERCHANTS ACCEPTANCE CORP.  
1314 Auburn Way N, Auburn, King, WA 98002

Notification received for a change of main address from 1314 Auburn Way N,
Auburn, King, WA 98002 to 34709 9th Ave S, Federal Way, King, WA 98003.

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 establish a Mortgage Banker's Branch received for examination:

December 4, 2024 (MB-MBD)
Full Service Branch
United Mortgage Corp.
19 South Main Street Rear Building, Office A1, Yardley, PA 19067

December 4, 2024 (MB-MBD)
Full Service Branch
loanDepot.com, LLC
192 Ballard Court, Suite 100, Virginia Beach, VA 23462

December 4, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
4 West Red Oak Lane, Suite 205, White Plains, NY 10604

December 4, 2024 (MB-MBD)
Full Service Branch
Cardinal Financial Company, Limited Partnership
80-15 188th St, Ste 203, Hollis, NY 11423

December 4, 2024 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.
801 Madrid Street, Suite 202, Coral Gables, FL 33134

December 4, 2024 (MB-MBD)
Full Service Branch
Allied Mortgage Group, Inc.
11111 Carmel Commons Boulevard, Suite 320, Charlotte, NC 28226

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

December 4, 2024 (BR-MBD)
Full Service Branch
Hypotec Inc.
1170 State Route 17M, Suite #101, Chester, NY 10918-1481

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

December 3, 2024 (FR-FWB)
THE STANDARD BANK OF SOUTH AFRICA LIMITED
Standard Bank Centre, 9th Floor, No 5 Simmonds Street, Johannesburg, South Africa

The Department interposes no objection to the notification, pursuant to Section 221-e of the Banking Law, of the change of location of representative office from 520 Madison Avenue, Borough of Manhattan, City of New York 10022 to 540 Madison Avenue, Borough of Manhattan, City of New York 10022.

 December 3, 2024 (MI-CRB)
CROSS RIVER BANK
885 Teaneck Road, Teaneck, NJ 07666

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 2365 Nostrand Avenue, Borough of Brooklyn, City of New York 11210, will not result in a significant reduction of financial services in the community to be affected.

December 3, 2024 (TM-LFS)
CURRENCY EXCHANGE INTERNATIONAL, CORP.   
6649 Westwood Blvd., Suite 250, Orlando, Florida 32821

Application for change of location from 6675 Westwood Blvd., Suite 300, Orlando, Florida 32821 to 6649 Westwood Blvd., Suite 250, Orlando, Florida 32821 was approved effective December 3, 2024. 

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

December 4, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
374 Clifton Avenue, Suite 1, Clifton, NJ 07011
Effective Date: November 26, 2024

December 4, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
270 Spagnoli Road, Suite 101, Melville, NY 11747
Effective Date: December 4, 2024

December 4, 2024 (MB-MBD)
CMG Mortgage, Inc.
4712 Oleander Drive, Myrtle Beach, SC 29577
Effective Date: November 29, 2024

December 4, 2024 (MB-MBD)
1st Priority Mortgage, Inc.
87 Albany Street, Suite A, Cazenovia, NY 13035
Effective Date: November 20, 2024

Mortgage Broker Name Change(s) received:

December 4, 2024 (BR-MBD)
From: Urban Fulfillment Services, LLC
To: HCL Lending Solutions, LLC

Mortgage Banker Branch License Address Changes:

December 4, 2024 (MB-MBD)
Cliffco, Inc.
From: 4700 Millenia Boulevard, Suite 500, Unit 5086, Orlando, FL 32839
To: 13001 Founders Square Drive, 2nd Floor, Orlando, FL 32828

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: