Weekly Banking Bulletin

June 20, 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

June 18, 2025 (TR-CRB)
ISRAEL DISCOUNT BANK OF NEW YORK
1114 Avenue of the Americas, New York, NY 10036

Application dated June 18, 2025, for permission to change the location of branch office from 888 South Figueroa Street, Los Angeles, Los Angeles County, California 90017 to 707 Wilshire Boulevard, 21st Floor, Los Angeles, Los Angeles County, California 90017, received.

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

June 12, 2025 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
501 Corporate Centre Drive, Suite 310, Franklin, TN 37067

June 12, 2025 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
200 Pleasant Grove Rd, Suite 104A, Ithaca, NY 14850

June 17, 2025 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
1400 Civic Place, Suite 221, Southlake, TX 76092

June 18, 2025 (MB-MBD)
Full Service Branch
Everett Financial, Inc.
44 Oak Street, Suite 405, Plattsburgh, NY 12901

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 (SF-LFS)
D & D AUTO CORP.
3601 State Street, Schenectady, NY 12304

License to engage in business as a sales finance company was surrendered.

June 9, 2025 (MI-CRB)
STIFEL BANK 
501 North Broadway, St. Louis, MO 63102

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 555 Madison Avenue, 12th Floor, Borough of Manhattan, City of New York 10022.

June 9, 2025 (MI-CRB)
STIFEL BANK & TRUST 
501 North Broadway, St. Louis, MO 63102

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 555 Madison Avenue, 12th Floor, Borough of Manhattan, City of New York 10022.

June 12, 2025 (TR-FWB)
THE BANK OF NEW YORK MELLON
240 Greenwich Street, New York, New York 10286

Notification received of the closing of the representative office at Unit 2315, 23rd Floor, Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City 1226, Manila, Philippines. 

June 16, 2025 (FA-FWB)
KEB HANA BANK
66, Euljiro, Jung-gu, Seoul 100-793, Republic of Korea

Approval given to change the location of agency from 460 Park Avenue, Borough of Manhattan, City of New York 10022 to 1185 Avenue of the Americas, Borough of Manhattan, City of New York 10036, on or after June 17, 2025.
 

June 16, 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 the following 4 locations, surrendered for cancellation:

1091 New York State Route 222, Cortlandville, Cortland County, New York 13045;
118 Walnut Street, Lockport, Niagara County, New York 14094;
1580 Hertel Avenue, Buffalo, Erie County, New York 14216; and
80 Main Street, Exeter, Rockingham County, New Hampshire 03833.

Offices discontinued as of June 12, 2025.

BRANCH LICENSE SURRENDER
June 17, 2025 (CC-LFS)
PAY-O-MATIC CHECK CASHING CORP. 
160 Oak Drive, Syosset, NY  11791

The license to engage in business as a casher of checks at the following location has been surrendered, effective March 23, 2025:  
Branch office: 247-12 South Conduit Avenue, Rosedale, NY 11422. 

June 17, 2025 (CU-CRB)
CFCU COMMUNITY CREDIT UNION
1030 Craft Road, Ithaca, NY 14850

Application to amend the bylaws to expand the field of membership to include the following additional 26 counties in New York State: Allegany, Broome, Cattaraugus, Chautauqua, Chemung, Chenango, Delaware, Erie, Fulton, Genesee, Herkimer, Livingston, Monroe, Montgomery, Niagara, Oneida, Orleans, Oswego, Otsego, Schoharie, Schuyler, Steuben, Tioga, Wayne, Wyoming, and Yates, approved.

For relocation to a permanent office from a temporary location: 
June 20, 2025 (LP-RID) 
BAKKT TRUST COMPANY, LLC 
One Liberty Plaza, New York, New York 10006 

Application dated May 28, 2025, pursuant to Supervisory Procedure G 105 to change the principal office from One Liberty Plaza, 3rd Floor, Work Suite #206 New York, New York 10006, to 1345 Avenue of the Americas, 7th floor, New York, NY 10105, received. (This trust company is presently operating at temporary quarters at One Liberty Plaza, New York, NY 10006.) 

Certificate to engage in the business of a Mortgage Broker surrendered:
 

June 17, 2025 (BR-MBD)
QuinStreet Media, Inc.
950 Tower Lane, 6th Floor, Foster City, CA 94404
Effective Date: May 12, 2025

Mortgage Banker license name change(s):

June 18, 2025 (MB-MBD)
From:  FAReverse LLC In Lieu of True Name Finance of America Reverse LLC
To:  Finance of America Reverse LLC

Mortgage Broker certificate name change:

June 18, 2025 (BR-MBD)
From:  WC Financial In Lieu of True Name Warshaw Capital, LLC
To:  Warshaw Capital, LLC

Mortgage Banker License Address Changes:
 

June 17, 2025 (MB-MBD)
SIRVA Mortgage, Inc.
From: 6200 Oak Tree Boulevard, Suite 300, Independence, OH 44131
To: 6000 Lombardo Center, Suite 500, Seven Hills, OH 44131

Mortgage Broker Certificate Address Changes:
 

June 17, 2025 (BR-MBD)
The Q Kapital Group, Corp
From: 18851 NE 29th Ave Ste 104A, Aventura, FL 33180
To: 18851 NE 29th Ave Ste 510, Aventura, FL 33180

Mortgage Broker Branch Certificate Address Changes:
 

June 17, 2025 (BR-MBD)
Go Rascal Inc.
From: 164-05 Hillside Ave, Suite #201, Office 1, Jamaica, NY 11432
To: 89-31 161st Street, Suite 302, Room 3, Jamaica, NY 11432

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: