Weekly Banking Bulletin

February 28, 2025

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

February 20, 2025 (FB-FWB)
STATE BANK OF INDIA
Madame Cama Road, Nariman Point, Mumbai 400 021, India

Application pursuant to Section 203 of the Banking Law to change the location of branch office from 460 Park Avenue, Borough of Manhattan, City of New York 10022 to 425 Park Avenue, Borough of Manhattan, City of New York 10022, received.

February 21, 2025 (CU-CRB)
CREDIT UNION
1030 Craft Road, Ithaca, NY 14850

An application was received to change the name of the credit union from CFCU Community Credit Union to Beginnings Credit Union.

February 26, 2025 (TM-LFS)
INTERMEX WIRE TRANSFER II, LLC D/B/A INTERNATIONAL MONEY EXPRESS, D/B/A INTERMEX, D/B/A LA NACIONAL 
9100 S. Dadeland Blvd, Suite 1100, Miami, Florida, 33156

Notification received for addition of the trade name Amigo Paisano.

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:

February 26, 2025 (BR-MBD)
Applicant(s)
Chaim Meir Tarkieltaub
As: CT Equities LLC D/B/A CMT Equities
908 4th Ave, Toms River, NJ 08757

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

February 26, 2025 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
23 Vreeland Road, Suite 115, Florham Park, NJ 07932

February 26, 2025 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
218 Schanck Road, Suite 201, Freehold, NJ 07728

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

February 26, 2025 (BR-MBD)
Full Service Branch
Green River Capital Corp.
123 Pike Street, Suite 201, Office 315, Port Jervis, NY 12771

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

November 30, 2024 (SF-LFS) 
CREDIT ACCEPTANCE CORPORATION
25505 West Twelve Mile Road, Southfield, Oakland, Michigan 48034

License to engage in business as a Sale Finance Company at the following location was surrendered:

25300-25330 Telegraph Road, Southfield, Michigan 48033

January 23, 2025 (SF-LFS)
AQUA FINANCE, INC.
One Corporate Drive, Suite 300, Wausau, Wisconsin 54401

License to engage in business as a sales finance company at the branch located at 
900 Alderson St., Schofield, Wisconsin 54476 was surrendered.

February 14, 2025 (LP-RID)
DIBBS TRUST COMPANY, LLC
One Liberty Plaza, Third Floor, New York, NY 10006

Approval given pursuant to the New York Banking Law to conduct business as a limited purpose trust company.

February 18, 2025 (FB-FWB)
BANCO SANTANDER S.A. 
Av. de Cantabria s/n Edificio Pereda, planta 4, 28660 Boadilla del Monte MADRID-SPAIN

License of the New York Branch located at 437 Madison Avenue, New York, NY 10022, converted to federal license, effective February 18, 2025, and a license affidavit was submitted on February 13, 2025.

February 24, 2025 (BP-LFS)
CREDITGUARD OF AMERICA, INC.        
2755 N. W. 63rd Court, Fort Lauderdale, Florida 33309

The license to engage in business as a budget planner at the following location has been surrendered:
2755 N. W. 63rd Court, Fort Lauderdale, Florida 33309

Effective December 31, 2024, CreditGuard of America, Inc. is no longer authorized to conduct budget planner business in the State of New York.

February 24, 2025 (TM-LFS)
GOLDEN MONEY TRANSFER, INC. D/B/A INYO
45 Prospect Street, Suite 201, Cambridge, MA 02139

Notification for use of the trade name INYO was approved.

In connection with the above change, the original license was surrendered.

February 24, 2025 (TM-LFS)
ASCENDANTFX CAPITAL USA, INC. D/B/A AFX, D/B/A ASCENDANT, D/B/A ASCENDANT PAYMENTS, D/B/A ASCENDANT WORLDWIDE, UAN ASCENDANTFX
3478 Buskirk Avenue, Suite 1000, Pleasant Hill, CA 94523

Notification for use of the trade names Ascendant Worldwide and Ascendant Payments was approved.

In connection with the above change, the original license was surrendered.

February 24, 2025 (TM-LFS)
CBOE CLEAR DIGITAL, LLC  
433 W Van Buren Street, Chicago, Illinois 60607

License to engage in the business as a licensed money transmitter company is surrendered.

February 25, 2025 (MI-CRB)
CONNECTONE BANK
301 Sylvan Avenue, Englewood Cliffs, NJ 07632

Authorization issued to open and occupy a branch office at 39-50 24th Street, Long Island City, Borough of Queens, City of New York 11101, on or after February 26, 2025.

February 26, 2025 (TM-LFS)
CIRCLE INTERNET FINANCIAL, LLC
1 Lincoln Street, Suite 31-113, Boston, Massachusetts 02111

Notification for change of location from 99 High Street, Suite 1701, Boston, Massachusetts 02110 to 1 Lincoln Street, Suite 31-113, Boston, Massachusetts 02111 was approved effective February 26, 2025.

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

February 26, 2025 (BR-MBD)
Atlantic Mortgage In Lieu of True Name Capitol USA Financial Corp.
8133 Leesburg Pike Suite 730, Vienna, VA 22182

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

February 20, 2025 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
13785 Research Blvd, Suite 125 Office 124, Austin, TX 78750

February 26, 2025 (MB-MBD)
Full Service Branch
Meadowbrook Financial Mortgage Bankers Corp.
150 Great Neck Road, Suite 101, Great Neck, NY 11021

February 26, 2025 (MB-MBD)
Full Service Branch
Ark-La-Tex Financial Services, LLC
140 South Main Street, Woodstock, VA 22664

February 26, 2025 (MB-MBD)
Full Service Branch
Lennar Mortgage, LLC
2465 Kuser Road, 3rd Floor, Hamilton, NJ 08690

February 26, 2025 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.
91 Lincoln Avenue, 1st Floor, Suite B, Staten Island, NY 10306

February 26, 2025 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
280 Route 211 East, Suite 3, Middletown, NY 10940

February 26, 2025 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
115 E. Jefferson Street, Suite 300, Syracuse, NY 13202

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

February 26, 2025 (BR-MBD)
Full Service Branch
Progress Funding Inc.
7409 37th Ave, Suite 203b, Jackson Heights, NY 11372

Mortgage Banker License Address Changes:
 

February 26, 2025 (MB-MBD)
Reliance First Capital, LLC
From: 201 Old Country Road, Suite 205, Melville, NY 11747
To: 201 Old Country Road, Suite 304, Melville, NY 11747

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: