Weekly Banking Bulletin

December 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
 

December 18, 2024 (CU-CRB)
HUDSON VALLEY credit union
137 Boardman Road, Poughkeepsie, NY 12603

Application dated December 18, 2024, for permission to open and maintain a station at Marist College, Dyson Center, Room 1037, 30 John Winslow Drive, Poughkeepsie, Dutchess County, NY  12601, received.

December 18, 2024 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO. 
140 Broadway, New York, NY 10005

Verified Certificate to continue business as Private Bankers, received.

(These Private Bankers are already under the supervision of the Department.  New Certificate submitted by reason of the proposed admission to the firm of Lewis J. Hart III and Christopher J. McCabe as General Partners/Class 1 Limited Partners; and the proposed conversion of Susan C. Livingston from General Partner/Class 1 Limited Partner to Class 2 Limited Partner.)

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

December 16, 2024 (BR-MBD)
Applicant(s)
Reginald Williams, Jr.
As: Goldlynk Charter LLC
9100 Belvedere Rd., #207, West Palm Beach, FL 33411

December 17, 2024 (BR-MBD)
Applicant(s)
MD R. Khan
As: SR&P Capital Group LLC
3030 Middletown Road (Ground Floor), Suite-100, Bronx, NY 10461

December 18, 2024 (BR-MBD)
Applicant(s)
Anil D. Gendalall
As: A L K Capital Solutions LLC
2779 Hamburg Street, Suite II, Schenectady, NY 12303

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

December 12, 2024 (MB-MBD)
Full Service Branch
East Coast Capital Corp.
649 94th Avenue N, Suite 4, St. Petersburg, FL 33702

December 17, 2024 (MB-MBD)
Full Service Branch
United Mortgage Corp.
5011 Gate Parkway, Bldg. 100, Ste 100, Office #131, Jacksonville, FL 32256

December 18, 2024 (MB-MBD)
Full Service Branch
loanDepot.com, LLC
22 Paris Ave, Suite 103, Office 103B, Rockleigh, NJ 07647

Application received pursuant to Section 594-b of the New York Banking Law and Part 418 of the Superintendent's Regulations for a control interest:

December 18, 2024 (MS-MBD)
Applicant(s)
Alexandria GP, LLC
Alexandria Intermediate Holdco Inc.
Kevin William Warren
Michael Dryden
Michael John O'Hanlon
Murtaza Ali
SPS Holding Corp.
To acquire interest in:
Select Portfolio Servicing, Inc.
3217 South Decker Lake Drive, Attn: Compliance Department, West Valley City, UT 84119

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 16, 2024 (FR-FWB)
AOZORA BANK, LTD.
6-1-1 Kojimachi, Chiyoda-ku, Tokyo 102-8660, Japan

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 1270 Avenue of the Americas, Borough of Manhattan, City of New York 10020 to 680 Fifth Avenue, Borough of Manhattan, City of New York 10019.

December 16, 2024 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901

Authorization granting permission to open and occupy a branch office at 9159 Main Street, (Suite 1B), Town of Clarence, Erie County, NY 14031, surrendered for cancellation.

Office discontinued as of December 13, 2024.

December 17, 2024 (TM-LFS)
RIPPLE MARKETS DE LLC
315 Montgomery Street, 2nd Floor, San Francisco, CA 94104

Application for a license to engage in business as a money transmitter was approved effective December 5, 2024.

December 17, 2024 (TR-FWB)
THE BANK OF NEW YORK MELLON
240 Greenwich Street, New York, New York 10286

Applicant notified by the Superintendent of Financial Services that, pursuant to the provisions of Section 105-b of the Banking Law, no objection will be interposed to the establishment of trust offices at the following 3 locations:

1. 200 Park Avenue, Borough of Manhattan, City of New York 10166;
2. 144 Glenn Curtiss Boulevard, Uniondale, Nassau County, New York 11566; and
3. One Boston Place, Boston, Suffolk County, Massachusetts 02108.

December 17, 2024 (pf-LFS)
IPFS OF NEW YORK, LLC U/A/N CAPITOL PAYMENT PLAN
1055 Broadway, 11th Floor, Kansas City, Missouri 64105

An application for a license to engage in business as a premium finance agency at the following branch location was approved, effective December 17, 2024:
14160 North Dallas Parkway, Suite 415, Dallas, Texas 75254

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

December 18, 2024 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.
801 Madrid Street, Suite 202, Coral Gables, FL 33134

December 18, 2024 (MB-MBD)
Full Service Branch
loanDepot.com, LLC
192 Ballard Court, Suite 100, Virginia Beach, VA 23462

December 18, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
4 West Red Oak Lane, Suite 205, White Plains, NY 10604

December 18, 2024 (MB-MBD)
Full Service Branch
Cardinal Financial Company, Limited Partnership
80-15 188th St, Ste 203, Hollis, NY 11423

December 18, 2024 (MB-MBD)
Full Service Branch
United Mortgage Corp.
19 South Main Street Rear Building, Office A1, Yardley, PA 19067

December 18, 2024 (MB-MBD)
Full Service Branch
Allied Mortgage Group, Inc.
11111 Carmel Commons Boulevard, Suite 320, Charlotte, NC 28226

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

December 18, 2024 (BR-MBD)
Full Service Branch
Hypotec Inc.
1170 State Route 17M, Suite #101, Chester, NY 10918-1481

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

December 12, 2024 (BR-MBD)
Circle Mortgage Corporation
500 Mamaroneck Avenue, Suite 320, Room 32, Harrison, NY 10528
Effective Date: November 19, 2024

Mortgage Broker Certificate Address Changes:
 

December 18, 2024 (BR-MBD)
Westport Mortgage LLC
From: 877 Post Road East, Suite #7, Westport, CT 06880
To: 1177 Post Road East, Apt. 106, Westport, CT 06880

Mortgage Banker Branch License Address Changes:
 

December 18, 2024 (MB-MBD)
Premium Mortgage Corporation
From: 8333 NW 53rd Street, Suite 401, Doral, FL 33166
To: 6175 Bayview Drive, Suite B, Fort Lauderdale, FL 33308

December 18, 2024 (MB-MBD)
CMG Mortgage, Inc.
From: 5299 Alton Parkway, Suite 133, Irvine, CA 92604
To: 5000 Birch Street, Suite 3000 Office 313, Newport Beach, CA 92660

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