Weekly Banking Bulletin

July 18, 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:

Institution Codes

SECTION I

July 2, 2025 (LL-LFS)
MARINER FINANCE, LLC 
8211 Town Center Drive, Nottingham, Maryland, 21236-5904

Notification received for a change of main address from 8211 Town Center Drive, Nottingham, Maryland, 21236-5904 to 8110 Corporate Drive, Nottingham, Maryland, 21236.

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.

July 7, 2025 (TM-LFS)
TILIA LLC 
945 Battery Street, San Francisco, California 94111

Notification received for the change of legal name to Thunes Financial Services LLC.

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.

July 10, 2024 (CC – LFS)

CASTLEWAY FINANCIAL, INC. D/B/A E-Z CHECK CASHING 
372/A Connecticut Street, Buffalo, NY 14213

Application was received to open a new branch at 3045 Bailey Ave, Buffalo, NY 14215.

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 applicant.

Any comments or objections should be submitted in writing, within ten business days, by July 25, 2025.

July 11, 2025 (CU-CRB)
HUDSON VALLEY CREDIT UNION
137 Boardman Road, Poughkeepsie, NY 12603

Application dated July 11, 2025, for permission to change the location of its station from 122 Kirks Rd, Narrowsburg, Sullivan County, NY 12764 to 6606 Route 97, Narrowsburg, Sullivan County, NY 12764, received.

July 15, 2025 (TM-LFS)
AVIDXCHANGE, INC.
1210 AvidXchange Lane, Charlotte, NC 28206

Application received for a change of control filed by Arrow Borrower 2025, Inc. to acquire 100% of AvidXchange Holdings, Inc., the parent company of AvidXchange, Inc.

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

June 16, 2025 (SF-LFS)
CREDIT SUISSE FIRST BOSTON MORTGAGE CAPITAL LLC 
11 Madison Avenue, New York, NY 10010
 
License to engage in business as a sales finance company was surrendered.

June 27, 2025 (MI-CRB)
HANOVER BANCORP, INC. (MARYLAND)
80 East Jericho Turnpike, Mineola, NY 11401

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 143-a of the Banking Law, as of 11:59 P.M., June 25, 2025, an Agreement and Plan of Merger, dated as of June 25, 2025, and other required documents, providing for the acquisition of all the outstanding shares of common stock of Hanover Community Bank, Garden City Park, New York, by Hanover Bancorp, Inc., Mineola, New York.

July 9, 2025 (MI-CRB)
FIRST-CITIZENS BANK & TRUST COMPANY 
239 Fayetteville Street, Raleigh, NC 27601

Applicant notified by the Superintendent of Financial Services that, pursuant to the provisions of Section 105-b of the Banking Law, no objection will be interposed to the establishment of a trust office at 11 West 42nd Street, Borough of Manhattan, City of New York 10036. 

July 15, 2025 (MI-CRB)
BANKWELL BANK
156 Cherry Street, New Canaan, CT 06840

Authorization issued to open and occupy a branch office at 557 & 559 86th Street, Borough of Brooklyn, City of New York 11209, on or after July 16, 2025.

July 16, 2025 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY 
One M&T Plaza, Buffalo, NY 14203

Notification received, in accordance with Supervisory Policy G 8, of the closing of representative office at 165 West Canyon Crest Road, Alpine, Utah County, Utah 84004, effective July 16, 2025.

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

July 10, 2025 (MB-MBD)
Embrace Home Loans, Inc.
1915 Highway 36 W, Office 142, Roseville, MN 55113
Effective Date: June 17, 2025

July 14, 2025 (MB-MBD)
NJ Lenders Corp.
67 W Montauk Hwy., Hampton Bays, NY 11946
Effective Date: June 27, 2025

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

July 14, 2025 (BR-MBD)
A.S.A.P. Mortgage Corp.
125 Grand Street, Suite #1, Croton-on-Hudson, NY 10520-2356
Effective Date: June 23, 2025

Mortgage Broker Certificate Address Changes:
 

July 16, 2025 (BR-MBD)
J&L Source, Inc.   D/B/A Pine Mortgage
From: 209-35 Northern Blvd, Suite 204, Bayside, NY 11361
To: 209-35 Northern Blvd, Suite 215, Bayside, NY 11361

Mortgage Banker Branch License Address Changes:
 

July 15, 2025 (MB-MBD)
loanDepot.com, LLC
From: 595 Bethlehem Pike, Suites 121 & 122B, Montgomeryville, PA 18936
To: 768 N Bethlehem Pike, Suite 203, Lower Gwynedd, PA 19002

July 15, 2025 (MB-MBD)
Nationwide Mortgage Bankers, Inc.
From: 490 Wheeler Road, Suite 148, Hauppauge, NY 11788
To: 1614 Hillside Avenue, Office #206, New Hyde Park, NY 11040

July 16, 2025 (MB-MBD)
Cardinal Financial Company, Limited Partnership
From: 41 Pinelawn Road, Suite 100, Melville, NY 11747
To: 532 Broadhollow Rd, Ste 135, 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: