Weekly Banking Bulletin

December 27, 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 13, 2024 (BK-FWB)
SHINHAN BANK AMERICA
475 Park Avenue, 4th Floor, New York, NY 10016

Notice of intention to close branch office at 136-20 38th Avenue (a/k/a 136-17 39th Avenue), Flushing, Borough of Queens, City of New York 11354, received.

The comment period on this notice will expire January 27, 2025.

December 20, 2024 (MI-CRB)
CNB BANK
1 South Second Street, Clearfield, Pennsylvania 16830

Notice of intention to close branch office at Doris Jones Community Resource Center, 3001 9th Street, Niagara Falls, Niagara County, New York 14305, received.

The comment period on this notice will expire January 27, 2025.

December 24, 2024 (SF-LFS) 
UPSTART NETWORK, INC.
2950 South Delaware Street, Suite 300, San Mateo, California 94403
Branch Location: 711 N High Street, 7th Floor, Columbus, Ohio 43215

Application received for licenses to engage in business as a sales finance company. 

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 26, 2024 (TR-CRB)
POPULAR BANK
11 West 51st Street, New York, NY 10019

Application dated December 26, 2024, for permission to change the designation of principal office located at 11 West 51st Street, Borough of Manhattan, City of New York 10019 to that of branch office, and of branch office located at 85 Broad Street, 10th Floor, Borough of Manhattan, City of New York 10004 to that of principal office, received.

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 23, 2024 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO. 
140 Broadway, New York, NY 10005

Verified Certificate to continue business as Private Bankers, filed for examination.

(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.)

December 23, 2024 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO. 
140 Broadway, New York, NY 10005

Verified Certificate to Continue Business, approved and filed.

December 24, 2024 (TR-CRB)
TOMPKINS COMMUNITY BANK 
118 East Seneca Street, Ithaca, NY 14850

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 a trust office at 1690 South Congress Avenue, Suite 100, Delray Beach, Palm Beach County, Florida 33445.  (This trust office will replace the office at 900 Linton Boulevard, (Suite 209), Delray Beach, Palm Beach County, Florida 33444.)

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

December 24, 2024 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.
3770 East Tremont Ave., Bronx, NY 10465

December 24, 2024 (MB-MBD)
Full Service Branch
Guidance Residential, LLC
2435 North Central Expressway, Suite 225, Richardson, TX 75080

December 24, 2024 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
31 North Broad Street, Suite 2, Ridgewood, NJ 07450

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

December 24, 2024 (BR-MBD)
Full Service Branch
Go Rascal Inc.
300 SE 2nd St, 6th Floor, Suite 03, Fort Lauderdale, FL 33301

December 24, 2024 (BR-MBD)
Full Service Branch
Park West Mortgage Corporation
55000 Main Road, Second Floor - 2D, Southold, NY 11971

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

December 24, 2024 (MB-MBD)
1st Priority Mortgage, Inc.
1238 Pleasantville Road Suite A, Briarcliff, NY 10510
Effective Date: December 11, 2024

Mortgage Banker Branch License Address Changes:
 

December 19, 2024 (MB-MBD)
Total Mortgage Services, LLC
From: 341 Columbia Street, First Floor, Fall River, MA 02721
To: 580 Eastern Avenue, First Floor, Fall River, MA 02723

December 24, 2024 (MB-MBD)
Nationstar Mortgage LLC
From: 750 State Highway 121 Bypass, Suite 101, Lewisville, TX 75067
To: 11511 Luna Road, Suite 200, Farmers Branch, TX 75234

December 24, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
From: 235 Main Street, Suite 530, White Plains, NY 10601
To: 235 Main Street, Suite 410, White Plains, NY 10601

December 24, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
From: 37 N 15th St, Ste 108, Brooklyn, NY 11222
To: 68 35th Street, Bldg. 4, 3rd Floor Space C362, Brooklyn, NY 11232

Mortgage Broker Branch Certificate Address Changes:
 

December 19, 2024 (BR-MBD)
UBS Financial Services Inc.
From: 80 State Street, Suite 800, 8th Floor, Albany, NY 12207
To: 8 Southwoods Blvd Suite 207, Albany, NY 12211