Weekly Banking Bulletin

April 25, 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

April 23, 2025 (TM-LFS)
FLEXA INC. 
154 W. 14th Street, 3rd floor, New York, NY 10011

Application received for a license to engage in business as a transmitter of money at 154 W. 14th Street, 3rd floor, New York, NY 10011.
       
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.

April 23, 2025 (TM-LFS)
AFFIRM PAYMENTS, LLC 
650 California Street, 12th Floor, San Francisco, 94108

Application received for a license to engage in business as a transmitter of money.

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.

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

FULL LICENSE SURRENDER
April 22, 2025 (CC-LFS)
INNER CITY CHECK CASHING & PAYROLL SERVICES CORP.
622A Main St., New Rochelle, New York 10801

The licenses to engage in business as a casher of checks at the following locations have been surrendered:

Main office:  622A Main St. New Rochelle, New York 10801(License # 104118) effective 03/01/25.
Branch:         4063 Boston Rd., Bronx, New York 10466 (License # 104120) effective 12/01/24.
Branch:         412 Soundview Ave., Bronx, New York 10473 (License #104125) effective 12/01/24.
Branch:         2800 Boston Rd. Bronx, New York, 10469 (License # 104124) effective 01/01/25.
Branch:         418 B East Sanford Blvd, Mount Vernon, New York (License # 104121) effective 01/12/25

Effective March 01, 2025, Inner City Check Cashing & Payroll Services Corp. is no longer authorized to conduct check cashing business in the State of New York.

April 23, 2025 (TM-LFS)
BAKKT CRYPTO SOLUTIONS, LLC 
10000 Avalon Boulevard, Suite 1000, Alpharetta, GA 30009

Notification for the change of name from Bakkt Marketplace, LLC to Bakkt Crypto Solutions, LLC was approved.

April 23, 2025 (TM-LFS)
TILIA LLC
945 Battery Street, San Francisco, CA 94111

Application for a change of control whereby TFSI Holdings, Inc. to acquire 100% of the membership interest of Tilia LLC., was approved.

April 23, 2025 (TM- LFS)
MEMO FINANCIAL SERVICES NEW YORK, INC.
1029 Mumma Road, Wormleysburg, PA 17043

Change of control application from Cash Depot, LTD. to indirectly acquire 100% MEMO Financial Services New York, Inc., was approved.

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

April 21, 2025 (MB-MBD)
United Mortgage Corp.
19 South Main Street Rear Building, Office A1, Yardley, PA 19067
Effective Date: April 9, 2025

April 21, 2025 (MB-MBD)
Longbridge Financial, LLC
4601 Park Road, Suite 500, Charlotte, NC 28209
Effective Date: April 17, 2025

April 23, 2025 (MB-MBD)
Cardinal Financial Company, Limited Partnership
1480 S Delsea Dr, Vineland, NJ 08360
Effective Date: March 28, 2025

Mortgage Broker Certificate Address Changes:
 

April 23, 2025 (BR-MBD)
Becker Real Estate Services, Inc.
From: 34 Forest Avenue, Lynbrook, NY 11563
To: 50 Hempstead Ave., Suite D, Lynbrook, NY 11563

Mortgage Banker Branch License Address Changes:
 

April 22, 2025 (MB-MBD)
loanDepot.com, LLC
From: 2901 Southwest 149th Avenue, Suite 100, Miramar, FL 33027
To: 1000 S Pine Island Rd., Suite 222, Plantation, FL 33324

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: