Weekly Banking Bulletin

May 22, 2026

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
May 7, 2026 (LL-LFS)
ONEMAIN FINANCIAL GROUP, LLC
1501 South Clinton Street, Suite 600, Baltimore, MD 21224

Notification received for a change of name from OneMain Financial Group, LLC to OneMain Financial Group, LLC DBA OneMain Auto.    

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 18, 2026 (MHC-CRB)
COMMUNITY BANCORP, MHC
180 Schwenk Drive, Kingston, NY 12401

Filing pursuant to Section 291 of the New York Banking Law, to reorganize Ulster Savings Bank into a mutual holding company structure.  Filing pursuant to Article VI-C of the New York Banking Law and Part 111 of the General Regulations of the Superintendent, for Ulster Savings Bank’s Plan of Reorganization pursuant to which Ulster Savings Bank will convert to a mutual holding company form, received.  

(The reorganization will result in Ulster Savings Bank becoming a wholly owned stock form savings bank subsidiary of Community Bancorp, MHC.)

The comment period on this application will expire on June 22, 2026.
_____________________________________________________________________________________

May 18, 2026 (MHC-CRB)
COMMUNITY BANCORP, MHC
180 Schwenk Drive, Kingston, NY 12401

Application, pursuant to Section 143-b of the New York Banking Law, to acquire control of Ulster Savings Bank, Kingston, New York, received.

The comment period on this application will expire on June 22, 2026.
_____________________________________________________________________________________

May 18, 2026 (SB-CRB)
ULSTER SAVINGS BANK 
180 Schwenk Drive, Kingston, NY 12401 
ULSTER INTERIM SAVINGS BANK II
180 Schwenk Drive, Kingston, NY 12401

Application, pursuant to Section 601 of the New York Banking Law, for Ulster Interim Savings Bank II (in formation) to merge with and into Ulster Savings Bank under the name Ulster Savings Bank, received.

(The merger will be facilitating the reorganization of Ulster Savings Bank becoming a wholly owned stock form savings bank subsidiary of Community Bancorp, MHC.)

The comment period on this application will expire on June 22, 2026.

May 19, 2026 (TM-LFS)
TAPTAP SEND PAYMENTS CO.
1460 Broadway, Suite 12021, New York, New York 10036

Notification received for a change of location from 1460 Broadway, Suite 12021, New York, New York 10036 to 1450 Broadway, Suite 11-104, New York, New York 10018.  

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 22, 2026 (LP-RID)
GMO-Z.COM TRUST COMPANY, INC.
18 West 18th Street, 6th Floor, New York, NY 10011

Notice pursuant to Section 605 of the Banking Law of the intention to voluntarily liquidate, received.

Application to engage in business as a Mortgage Banker under Article 12-D of the New York Banking Law received:

May 20, 2026 (MB-MBD)
Applicant(s)
Allen Lamont Knudson
Benjamin Joseph Knudson
John Timpson
Nathan Bradley Timpson
AJN LLC
KB Holding Trust
As: Village Capital & Investment LLC
2460 Paseo Verde Parkway, Suite 110, Henderson, NV 89074

Application received pursuant to Section 594-b of the New York Banking Law and Part 418 of the Superintendent's Regulations for a control interest:

May 20, 2026 (MS-MBD)
Applicant(s) 
Joseph Michael Laigaie
Laurence Eric Penn
Crestone Holdings, LLC
EF Holdco Inc.
EF Holdco RER Assets LLC
Ellington Financial Operating Partnership, LLC
Ellington Financial, Inc.
Trestle Company, LLC
To acquire interest in:
Statebridge Company, LLC
6061 South Willow Drive, Suite 300, Greenwood Village, CO 80111

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 8, 2026 (CU-CRB)
GENERATIONS COMMERCIAL BANK
19 Cayuga Street, Seneca Falls, NY 13148

Generations Commercial Bank merged with and into Generations Bank, Seneca Falls, New York, with Generations Bank as the surviving entity, effective December 15, 2025.

May 12, 2026 (PF-LFS)
SOUTH BAY ACCCEPTANCE CORPORATION 
10751 Deerwood Park Blvd, Suite 200, Jacksonville, Florida 32256

The license to engage in business as a premium finance agency at the following location has been surrendered:

10751 Deerwood Park Blvd, Suite 200, Jacksonville, Florida 32256

Effective May 1, 2026, South Bay Acceptance Corporation is no longer authorized to conduct premium finance business in the State of New York.

May 18, 2026 (TM-LFS)
OMNEX GROUP, INC. DBA. FLEXIENVIOS BHD, DBA. GIROMEX, DBA. LE GOI TIEN LE, DBA Sharemoney, dba UNO Money Transfers, dba MoniTalk
580 Sylvan Ave., Suite M-J, Englewood Cliff, NY 07632

Notification for use of the trade name MoniTalk was approved.

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

May 19, 2026 (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 3 locations, surrendered for cancellation:

7 North Calvert Street, Baltimore, Baltimore City, Maryland 21202;
10431 York Road, Cockeysville, Baltimore County, Maryland  21030; and
1150 West Industrial Boulevard, Cumberland, Allegany County, Maryland  21502.

Offices discontinued as of May 14, 2026.

May 22, 2026 (TM-LFS)
GALAXYONE PRIME NY LLC             
300 Vesey Street, FL 13, New York, New York 10282

Application to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law, was approved effective May 15, 2026.

License issued to engage in business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:
 

May 20, 2026 (MB-MBD)
Full Service Branch
GR Affinity, LLC In Lieu of True Name Guaranteed Rate Affinity, LLC
5616 Memorial Drive, Unit 4, Stone Mountain, GA 30083

License to engage in business as a Mortgage Banker Branch surrendered:
 

May 15, 2026 (MB-MBD)
CMG Mortgage, Inc.
1310 Hooper Ave, Third Floor, Toms River, NJ 08753
Effective Date: May 13, 2026

May 15, 2026 (MB-MBD)
United Mortgage Corp.
2700 E Sunset Rd, Unit #14, Las Vegas, NV 89120
Effective Date: May 12, 2026

Mortgage Banker Branch License Address Changes:
 

May 14, 2026 (MB-MBD)
Planet Home Lending, LLC
From: 5020 Riverside Drive, Suite 300, Irving, TX 75039
To: 6333 North State Highway 161, Suite 500 and 600, Irving, TX 75038

May 14, 2026 (MB-MBD)
Fairway Independent Mortgage Corporation
From: 411 Hackensack Avenue, Suite 200, Hackensack, NJ 07601
To: 20 West Main Street, #3, Rockaway, NJ 07866

May 14, 2026 (MB-MBD)
Guaranteed Rate, Inc.
From: 139 Chestnut Street, Suite 1, Nutley, NJ 07110
To: 139 Chestnut Street, 2nd Floor, Nutley, NJ 07110

May 20, 2026 (MB-MBD)
MCM Financial Services
In Lieu of True Name MCM Holdings, Inc.
From: 1601 Veterans Memorial Highway, Suite 220, Islandia, NY 11749
To: 1377 Motor Parkway, Suite LL5, Islandia, NY 11749

May 20, 2026 (MB-MBD)
Longbridge Financial, LLC
From: 485 Ritchie Highway, Suite 201-A, Severna Park, MD 21146
To: 839 Bestgate Road, Suite #179, Annapolis, MD 21401

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: