Weekly Banking Bulletin

June 6, 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 10, 2025 (LL-LFS)
FLAGSHIP CREDIT ACCEPTANCE LLC 
3 Christy Drive, Suite 201, Chadds Ford, PA 19317

Notification received for a change of main address from 3 Christy Drive, Suite 201, Chadds Ford, PA 19317 to 225 Wilmington-West Chester Pike, Suite 200-220, Chadds Ford, PA 19317.

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.

April 10, 2025 (SF-LFS)
FLAGSHIP CREDIT ACCEPTANCE LLC 
3 Christy Drive, Suite 201, Chadds Ford, Chester, PA 19317

Notification received for a change of main address from 3 Christy Drive, Suite 201, Chadds Ford, Chester, PA 19317 to 225 Wilmington-West Chester Pike, Suite 200-220, Chadds Ford, Delaware, PA 19317.

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.

June 3, 2025 (MI-CRB)
BANKWELL BANK
156 Cherry Street, New Canaan, CT 06840

Application dated May 30, 2025, for permission to open and occupy a branch office 557 & 559 86th Street, Borough of Brooklyn, City of New York 11209, received.

June 6, 2025 (TM-LFS)
ZAP SOLUTIONS INC. DBA STRIKE 
200 North LaSalle Street, Suite 2360, Chicago, Illinois 60601

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.

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:

June 4, 2025 (MB-MBD)
Applicant(s) 
Rocket Limited Partnership
To acquire interest in:
Rocket Mortgage, LLC
1050 Woodward Avenue, Detroit, MI 48226

June 4, 2025 (MB-MBD)
Applicant(s) 
Rocket Limited Partnership
To acquire interest in:
One Reverse Mortgage, LLC
660 Woodward Avenue, Suite 1527, Detroit, MI 48226

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:
 

June 4, 2025 (BR-MBD)
Applicant(s) 
Rocket Limited Partnership
To acquire interest in:
LMB Mortgage Services, Inc.
12181 Bluff Creek Drive, Suite 250, Playa Vista, CA 90094

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

May 30, 2025 (TM-LFS)
FICOHSA EXPRESS NEW YORK, LLC
10530 NW 26 Street, F-107, Doral, Florida, 33172

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

May 30, 2025 (LL-LFS)
FUNDATION GROUP LLC
11600 Sunrise Valley Drive, Suite 180, Reston, Virginia 20191

License was issued to reflect the change of main address from 11501 Sunset Hills Road, Suite 100, Reston, Virginia 20190 to 11600 Sunrise Valley Drive, Suite 180, Reston, Virginia 20191.

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

June 2, 2025 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 107 West Market Street, York, York County, Pennsylvania 17401, surrendered for cancellation.

Office discontinued as of May 30, 2025.

June 3, 2025 (FR-FWB)
CROWN AGENTS BANK LIMITED 
3 London Bridge Street, London, England SE1 9SG

Application, pursuant to Section 221-d of the Banking Law, to establish and maintain a representative office at One Rockefeller Plaza, Suite 2110, Borough of Manhattan, City of New York 10020, approved and license issued.

June 4, 2025 (TM-LFS)
CAMBRIDGE MERCANTILE CORP. (U.S.A.) D/B/A CAMBRIDGE GLOBAL PAYMENTS, D/B/A CORPAY
300 Park Ave., Suite 1203, New York, NY 10022

Notification for the change of headquarter location from 1350 Broadway, Suite 810, New York, NY 10018 to 300 Park Ave., Suite 1203, New York, NY 10022, was approved effective June 3, 2025.

June 4, 2025 (MI-CRB)
PEAPACK PRIVATE BANK & TRUST
500 Hills Drive, Suite 300, Bedminster, NJ 07921

Authorization issued to open and occupy a branch office at 1010 Franklin Avenue, Garden City, Nassau County, New York 11530, on or after June 5, 2025.