Weekly Banking Bulletin

May 16, 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

March 7, 2025 (LL-LFS)
FUNDATION GROUP LLC 
11501 Sunset Hills Road, Suite 100, Reston, Virginia 20190

Notification received for a change of main address from 11501 Sunset Hills Road, Suite 100, Reston, Virginia 20190 to 11600 Sunrise Valley Drive, Suite 180, Reston, Virginia 20191.

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.

May 9, 2025 (MI-CRB)
PEAPACK PRIVATE BANK & TRUST
500 Hills Drive, Suite 300, Bedminster, NJ 07921

Application dated May 9, 2025, for permission to open and occupy a branch office at 1010 Franklin Avenue, Garden City, Nassau County, New York 11530, received.

May 13, 2025 (TM-LFS)
REMITLY, INC. 
1111 3rd Avenue, 21st Floor, Seattle, WA 98101

Notification is received for the change of location from 1111 3rd Avenue, 21st Floor, Seattle, WA 98101 to 401 Union St., Suite 1000, Seattle, WA 98101.

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:

May 14, 2025 (BR-MBD)
Applicant(s)
Craig Warren Dodds
Nathan Mark Collett
As: Primerica Mortgage, LLC
1 Primerica Parkway, Duluth, GA 30099-0001

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

March 21, 2025 (LL-LFS)
ONEMAIN FINANCIAL GROUP, LLC

100 International Drive, 16th Floor, Baltimore, Maryland 21202

License to engage in business as a licensed lender at the following location was surrendered:
372 W. Washington Street, Bath Plaza, Bath, New York 14810

May 14, 2025 (BK-CRB)
AMERICAN COMMUNITY BANK 
300 Glen Street, Glen Cove, NY 11542

Authorization issued to open and occupy a branch office at 50 Jackson Avenue, Syosset, Nassau County, New York 11791, on or after May 15, 2025.

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

May 12, 2025 (MB-MBD)
NJ Lenders Corp.
39 Avenue at the Commons, Suite 101, Shrewsbury, NJ 07702
Effective Date: May 7, 2025

May 12, 2025 (MB-MBD)
NJ Lenders Corp.
24 Sheridan Avenue, Suite 4, Ho Ho Kus, NJ 07423
Effective Date: May 7, 2025

May 12, 2025 (MB-MBD)
NJ Lenders Corp.
1848 Hooper Avenue, Suite 5, Toms River, NJ 08753
Effective Date: May 7, 2025

May 12, 2025 (MB-MBD)
Meadowbrook Financial Mortgage Bankers Corp.
150 Great Neck Road, Suite 101, Great Neck, NY 11021
Effective Date: April 30, 2025

Mortgage Banker Branch License Address Changes:
 

May 13, 2025 (MB-MBD)
Movement Mortgage, LLC
From: 6720 Via Austi Parkway, Suite 350, Las Vegas, NV 89119
To: 6111 S. Buffalo Dr., Suite 340, Las Vegas, NV 89113

May 13, 2025 (MB-MBD)
Movement Mortgage, LLC
From: 76 Medford Ave., Suite A, Patchogue, NY 11772
To: 76 Medford Ave., Suite B, Patchogue, NY 11772